Monthly Rent Report
Woodlawn Rent Report — September 2023
Asking rents in ZIP 60637, Chicago, from 40 listings.
Median 1BR rent in Woodlawn was $894 in September 2023, down 48.9% (−$856) from August 2023 and down 22.3% year-over-year. The middle half of 1BR listings asked between $830 and $1,197. That puts Woodlawn $556 below the Chicago citywide 1BR median of $1,450. The month's figures are based on 40 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $759 | −$591 (-43.8%) | +$134 (+21.4%) | $729 – $1,000 | 7 |
| Studio | $1,000 | −$350 (-26.0%) | +$375 (+59.9%) | $849 – $1,150 | 2 |
| 1BR | $894 | −$856 (-48.9%) | −$256 (-22.3%) | $830 – $1,197 | 3 |
| 1BR | $1,200 | −$550 (-31.4%) | +$50 (+4.3%) | $1,200 – $1,200 | 1 |
| 2BR | $1,350 | +$225 (+20.0%) | +$25 (+1.9%) | $1,350 – $1,350 | 1 |
| 2BR | $1,400 | +$275 (+24.4%) | +$75 (+5.7%) | $1,325 – $1,450 | 3 |
| 3BR | $1,300 | −$975 (-42.9%) | −$250 (-16.1%) | $1,300 – $1,300 | 1 |
| 3BR | $1,450 | −$825 (-36.3%) | −$100 (-6.5%) | $1,450 – $1,600 | 12 |
| 4BR | $1,150 | −$353 (-23.5%) | −$650 (-36.1%) | $1,150 – $1,150 | 1 |
| 4BR | $2,200 | +$697 (+46.4%) | +$400 (+22.2%) | $1,900 – $2,750 | 9 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Woodlawn vs. Chicago — September 2023
| Bedrooms | Woodlawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $759 | $1,238 | −$478 (-38.7%) |
| Studio | $1,000 | $1,238 | −$238 (-19.2%) |
| 1BR | $894 | $1,450 | −$556 (-38.3%) |
| 1BR | $1,200 | $1,450 | −$250 (-17.2%) |
| 2BR | $1,350 | $1,738 | −$387 (-22.3%) |
| 2BR | $1,400 | $1,738 | −$337 (-19.4%) |
| 3BR | $1,300 | $2,327 | −$1,027 (-44.1%) |
| 3BR | $1,450 | $2,327 | −$877 (-37.7%) |
| 4BR | $1,150 | $2,783 | −$1,633 (-58.7%) |
| 4BR | $2,200 | $2,783 | −$583 (-20.9%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2023.