Monthly Rent Report
Woodlawn Rent Report — November 2023
Asking rents in ZIP 60637, Chicago, from 78 listings.
Median 1BR rent in Woodlawn was $995 in November 2023, down 23.5% (−$305) from October 2023 and up 4.7% year-over-year. The middle half of 1BR listings asked between $995 and $995. That puts Woodlawn $509 below the Chicago citywide 1BR median of $1,504. The month's figures are based on 78 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $795 | +$20 (+2.6%) | −$255 (-24.3%) | $795 – $795 | 1 |
| Studio | $675 | −$100 (-12.9%) | −$375 (-35.7%) | $675 – $675 | 4 |
| 1BR | $995 | −$305 (-23.5%) | +$45 (+4.7%) | $995 – $995 | 1 |
| 1BR | $1,075 | −$225 (-17.3%) | +$125 (+13.2%) | $894 – $1,075 | 5 |
| 2BR | $1,200 | −$297 (-19.8%) | −$125 (-9.4%) | $1,100 – $1,827 | 19 |
| 2BR | $1,325 | −$172 (-11.5%) | $0 (0.0%) | $1,313 – $1,338 | 2 |
| 3BR | $1,800 | −$150 (-7.7%) | +$100 (+5.9%) | $1,744 – $2,000 | 24 |
| 3BR | $1,620 | −$330 (-16.9%) | −$80 (-4.7%) | $1,620 – $1,620 | 1 |
| 4BR | $2,550 | +$780 (+44.1%) | +$350 (+15.9%) | $2,100 – $5,875 | 10 |
| 4BR | $2,192 | +$422 (+23.8%) | −$8 (-0.4%) | $2,192 – $2,192 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Woodlawn vs. Chicago — November 2023
| Bedrooms | Woodlawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $795 | $1,160 | −$365 (-31.5%) |
| Studio | $675 | $1,160 | −$485 (-41.8%) |
| 1BR | $995 | $1,504 | −$508 (-33.8%) |
| 1BR | $1,075 | $1,504 | −$428 (-28.5%) |
| 2BR | $1,200 | $1,800 | −$600 (-33.3%) |
| 2BR | $1,325 | $1,800 | −$475 (-26.4%) |
| 3BR | $1,800 | $2,298 | −$497 (-21.7%) |
| 3BR | $1,620 | $2,298 | −$677 (-29.5%) |
| 4BR | $2,550 | $2,750 | −$200 (-7.3%) |
| 4BR | $2,192 | $2,750 | −$558 (-20.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2023.