Monthly Rent Report
Woodlawn Rent Report — April 2023
Asking rents in ZIP 60637, Chicago, from 894 listings.
Median 1BR rent in Woodlawn was $900 in April 2023, down 25.0% (−$300) from March 2023 and down 27.1% year-over-year. The middle half of 1BR listings asked between $900 and $900. That puts Woodlawn $525 below the Chicago citywide 1BR median of $1,425. The month's figures are based on 894 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,000 | +$25 (+2.6%) | −$85 (-7.8%) | $775 – $1,150 | 47 |
| Studio | $1,000 | +$25 (+2.6%) | −$85 (-7.8%) | $775 – $1,150 | 47 |
| 1BR | $900 | −$300 (-25.0%) | −$334 (-27.1%) | $900 – $900 | 2 |
| 1BR | $1,325 | +$125 (+10.4%) | +$91 (+7.4%) | $950 – $1,700 | 150 |
| 2BR | $1,400 | +$150 (+12.0%) | −$200 (-12.5%) | $1,400 – $1,400 | 1 |
| 2BR | $1,315 | +$65 (+5.2%) | −$285 (-17.8%) | $1,151 – $1,600 | 222 |
| 3BR | $1,700 | +$98 (+6.1%) | $0 (0.0%) | $1,497 – $2,199 | 336 |
| 3BR | $1,450 | −$152 (-9.5%) | −$250 (-14.7%) | $1,450 – $1,450 | 1 |
| 4BR | $1,844 | +$17 (+0.9%) | +$194 (+11.8%) | $1,495 – $2,013 | 71 |
| 4BR | $2,086 | +$259 (+14.2%) | +$436 (+26.4%) | $2,086 – $2,086 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Woodlawn vs. Chicago — April 2023
| Bedrooms | Woodlawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,000 | $1,195 | −$195 (-16.3%) |
| Studio | $1,000 | $1,195 | −$195 (-16.3%) |
| 1BR | $900 | $1,425 | −$525 (-36.8%) |
| 1BR | $1,325 | $1,425 | −$100 (-7.0%) |
| 2BR | $1,400 | $1,725 | −$325 (-18.8%) |
| 2BR | $1,315 | $1,725 | −$410 (-23.8%) |
| 3BR | $1,700 | $2,300 | −$600 (-26.1%) |
| 3BR | $1,450 | $2,300 | −$850 (-37.0%) |
| 4BR | $1,844 | $2,597 | −$753 (-29.0%) |
| 4BR | $2,086 | $2,597 | −$511 (-19.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2023.