Monthly Rent Report
Woodlawn Rent Report — July 2023
Asking rents in ZIP 60637, Chicago, from 247 listings.
Median 1BR rent in Woodlawn was $930 in July 2023, down 7.0% (−$70) from June 2023 and down 64.5% year-over-year. The middle half of 1BR listings asked between $930 and $930. That puts Woodlawn $520 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 247 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $775 | −$225 (-22.5%) | −$20 (-2.5%) | $763 – $775 | 6 |
| Studio | $1,279 | +$279 (+27.9%) | +$484 (+60.9%) | $1,250 – $1,525 | 9 |
| 1BR | $930 | −$70 (-7.0%) | −$1,693 (-64.5%) | $930 – $930 | 1 |
| 1BR | $1,450 | +$450 (+45.0%) | −$1,173 (-44.7%) | $1,050 – $1,609 | 41 |
| 2BR | $1,295 | −$100 (-7.2%) | −$5 (-0.4%) | $1,295 – $1,295 | 1 |
| 2BR | $1,295 | −$100 (-7.2%) | −$5 (-0.4%) | $1,110 – $1,446 | 59 |
| 3BR | $1,661 | −$107 (-6.1%) | −$86 (-4.9%) | $1,450 – $2,000 | 73 |
| 3BR | $1,595 | −$173 (-9.8%) | −$152 (-8.7%) | $1,595 – $1,595 | 1 |
| 4BR | $1,930 | −$1,370 (-41.5%) | +$580 (+43.0%) | $1,660 – $2,000 | 34 |
| 4BR | $1,660 | −$1,640 (-49.7%) | +$310 (+23.0%) | $1,400 – $2,700 | 19 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Woodlawn vs. Chicago — July 2023
| Bedrooms | Woodlawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $775 | $1,200 | −$425 (-35.4%) |
| Studio | $1,279 | $1,200 | +$79 (+6.6%) |
| 1BR | $930 | $1,450 | −$520 (-35.9%) |
| 1BR | $1,450 | $1,450 | $0 (0.0%) |
| 2BR | $1,295 | $1,795 | −$500 (-27.9%) |
| 2BR | $1,295 | $1,795 | −$500 (-27.9%) |
| 3BR | $1,661 | $2,273 | −$611 (-26.9%) |
| 3BR | $1,595 | $2,273 | −$677 (-29.8%) |
| 4BR | $1,930 | $2,709 | −$778 (-28.7%) |
| 4BR | $1,660 | $2,709 | −$1,048 (-38.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.