Monthly Rent Report
Woodlawn Rent Report — March 2023
Asking rents in ZIP 60637, Chicago, from 788 listings.
Median 1BR rent in Woodlawn was $900 in March 2023, down 30.8% (−$401) from February 2023 and down 5.3% year-over-year. The middle half of 1BR listings asked between $900 and $900. That puts Woodlawn $496 below the Chicago citywide 1BR median of $1,396. The month's figures are based on 788 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $875 | −$175 (-16.7%) | +$115 (+15.1%) | $700 – $1,125 | 37 |
| Studio | $975 | −$75 (-7.1%) | +$215 (+28.3%) | $913 – $1,030 | 4 |
| 1BR | $900 | −$401 (-30.8%) | −$50 (-5.3%) | $900 – $900 | 1 |
| 1BR | $1,200 | −$101 (-7.8%) | +$250 (+26.3%) | $950 – $1,775 | 123 |
| 2BR | $1,361 | +$108 (+8.6%) | +$261 (+23.7%) | $1,215 – $1,600 | 234 |
| 2BR | $1,250 | −$3 (-0.2%) | +$150 (+13.6%) | $1,098 – $1,275 | 3 |
| 3BR | $1,603 | +$3 (+0.2%) | −$392 (-19.7%) | $1,400 – $2,000 | 304 |
| 3BR | $1,350 | −$250 (-15.6%) | −$645 (-32.3%) | $1,350 – $1,350 | 1 |
| 4BR | $2,086 | +$426 (+25.7%) | +$811 (+63.6%) | $2,086 – $2,086 | 1 |
| 4BR | $1,827 | +$167 (+10.1%) | +$552 (+43.3%) | $1,450 – $2,113 | 74 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Woodlawn vs. Chicago — March 2023
| Bedrooms | Woodlawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $875 | $1,204 | −$329 (-27.3%) |
| Studio | $975 | $1,204 | −$229 (-19.0%) |
| 1BR | $900 | $1,396 | −$496 (-35.5%) |
| 1BR | $1,200 | $1,396 | −$196 (-14.1%) |
| 2BR | $1,361 | $1,698 | −$337 (-19.9%) |
| 2BR | $1,250 | $1,698 | −$447 (-26.4%) |
| 3BR | $1,603 | $2,200 | −$597 (-27.2%) |
| 3BR | $1,350 | $2,200 | −$850 (-38.6%) |
| 4BR | $2,086 | $2,444 | −$358 (-14.6%) |
| 4BR | $1,827 | $2,444 | −$617 (-25.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2023.