Monthly Rent Report
Woodlawn Rent Report — June 2023
Asking rents in ZIP 60637, Chicago, from 518 listings.
Median 1BR rent in Woodlawn was $1,000 in June 2023, down 11.5% (−$130) from May 2023 and up 29.0% year-over-year. The middle half of 1BR listings asked between $1,000 and $1,000. That puts Woodlawn $400 below the Chicago citywide 1BR median of $1,400. The month's figures are based on 518 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | +$510 (+68.9%) | +$455 (+57.2%) | $1,000 – $1,453 | 33 |
| Studio | $1,000 | +$260 (+35.1%) | +$205 (+25.8%) | $838 – $1,000 | 10 |
| 1BR | $1,000 | −$130 (-11.5%) | +$225 (+29.0%) | $1,000 – $1,000 | 1 |
| 1BR | $1,495 | +$365 (+32.3%) | +$720 (+92.9%) | $1,198 – $1,771 | 131 |
| 2BR | $1,395 | +$395 (+39.5%) | +$145 (+11.6%) | $1,195 – $1,725 | 157 |
| 2BR | $1,295 | +$295 (+29.5%) | +$45 (+3.6%) | $1,295 – $1,295 | 1 |
| 3BR | $1,768 | −$107 (-5.7%) | −$232 (-11.6%) | $1,497 – $2,249 | 176 |
| 3BR | $1,395 | −$480 (-25.6%) | −$605 (-30.3%) | $1,395 – $1,395 | 1 |
| 4BR | $1,450 | −$550 (-27.5%) | −$100 (-6.5%) | $1,450 – $1,450 | 2 |
| 4BR | $3,300 | +$1,300 (+65.0%) | +$1,750 (+112.9%) | $3,300 – $3,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Woodlawn vs. Chicago — June 2023
| Bedrooms | Woodlawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,250 | $1,243 | +$8 (+0.6%) |
| Studio | $1,000 | $1,243 | −$242 (-19.5%) |
| 1BR | $1,000 | $1,400 | −$400 (-28.6%) |
| 1BR | $1,495 | $1,400 | +$95 (+6.8%) |
| 2BR | $1,395 | $1,700 | −$305 (-17.9%) |
| 2BR | $1,295 | $1,700 | −$405 (-23.8%) |
| 3BR | $1,768 | $2,275 | −$507 (-22.3%) |
| 3BR | $1,395 | $2,275 | −$880 (-38.7%) |
| 4BR | $1,450 | $2,500 | −$1,050 (-42.0%) |
| 4BR | $3,300 | $2,500 | +$800 (+32.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2023.