Monthly Rent Report
Woodlawn Rent Report — October 2023
Asking rents in ZIP 60637, Chicago, from 109 listings.
Median 1BR rent in Woodlawn was $1,300 in October 2023, up 45.4% (+$406) from September 2023 and up 85.7% year-over-year. The middle half of 1BR listings asked between $1,095 and $1,647. That puts Woodlawn $175 below the Chicago citywide 1BR median of $1,475. The month's figures are based on 109 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $775 | −$224 (-22.5%) | −$175 (-18.4%) | $757 – $831 | 8 |
| Studio | $1,000 | +$1 (+0.1%) | +$50 (+5.3%) | $750 – $1,221 | 43 |
| 1BR | $1,300 | +$406 (+45.4%) | +$600 (+85.7%) | $1,095 – $1,647 | 23 |
| 1BR | $1,095 | +$201 (+22.5%) | +$395 (+56.4%) | $1,095 – $1,095 | 1 |
| 2BR | $2,150 | +$750 (+53.6%) | +$800 (+59.3%) | $2,150 – $2,150 | 5 |
| 2BR | $1,497 | +$97 (+6.9%) | +$147 (+10.9%) | $1,497 – $1,497 | 1 |
| 3BR | $1,950 | +$650 (+50.0%) | +$450 (+30.0%) | $1,810 – $2,000 | 19 |
| 3BR | $2,250 | +$950 (+73.1%) | +$750 (+50.0%) | $2,250 – $2,250 | 1 |
| 4BR | $1,770 | −$430 (-19.5%) | +$220 (+14.2%) | $1,770 – $1,770 | 2 |
| 4BR | $2,172 | −$28 (-1.3%) | +$622 (+40.1%) | $2,172 – $2,172 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Woodlawn vs. Chicago — October 2023
| Bedrooms | Woodlawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $775 | $1,200 | −$425 (-35.4%) |
| Studio | $1,000 | $1,200 | −$200 (-16.7%) |
| 1BR | $1,300 | $1,475 | −$175 (-11.9%) |
| 1BR | $1,095 | $1,475 | −$380 (-25.8%) |
| 2BR | $2,150 | $1,800 | +$350 (+19.4%) |
| 2BR | $1,497 | $1,800 | −$303 (-16.8%) |
| 3BR | $1,950 | $2,450 | −$500 (-20.4%) |
| 3BR | $2,250 | $2,450 | −$200 (-8.2%) |
| 4BR | $1,770 | $2,575 | −$805 (-31.3%) |
| 4BR | $2,172 | $2,575 | −$403 (-15.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2023.