Monthly Rent Report
Woodlawn Rent Report — December 2023
Asking rents in ZIP 60637, Chicago, from 78 listings.
Median 1BR rent in Woodlawn was $1,200 in December 2023, up 20.6% (+$205) from November 2023 and up 27.7% year-over-year. The middle half of 1BR listings asked between $1,200 and $1,200. That puts Woodlawn $255 below the Chicago citywide 1BR median of $1,455. The month's figures are based on 78 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $729 | −$66 (-8.3%) | −$36 (-4.7%) | $714 – $744 | 2 |
| Studio | $759 | −$36 (-4.5%) | −$6 (-0.8%) | $729 – $1,130 | 3 |
| 1BR | $1,200 | +$205 (+20.6%) | +$260 (+27.7%) | $1,200 – $1,200 | 1 |
| 1BR | $850 | −$145 (-14.6%) | −$90 (-9.6%) | $850 – $850 | 5 |
| 2BR | $1,400 | +$200 (+16.7%) | +$100 (+7.7%) | $1,230 – $1,497 | 25 |
| 2BR | $1,679 | +$479 (+39.9%) | +$379 (+29.2%) | $1,679 – $1,679 | 1 |
| 3BR | $2,050 | +$430 (+26.5%) | +$650 (+46.4%) | $1,450 – $2,295 | 17 |
| 3BR | $1,550 | −$70 (-4.3%) | +$150 (+10.7%) | $1,550 – $1,550 | 1 |
| 4BR | $1,975 | −$575 (-22.5%) | +$175 (+9.7%) | $1,950 – $3,600 | 8 |
| 4BR | $1,723 | −$827 (-32.5%) | −$77 (-4.3%) | $1,586 – $1,859 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Woodlawn vs. Chicago — December 2023
| Bedrooms | Woodlawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $729 | $1,218 | −$488 (-40.1%) |
| Studio | $759 | $1,218 | −$458 (-37.7%) |
| 1BR | $1,200 | $1,455 | −$255 (-17.5%) |
| 1BR | $850 | $1,455 | −$605 (-41.6%) |
| 2BR | $1,400 | $1,800 | −$400 (-22.2%) |
| 2BR | $1,679 | $1,800 | −$121 (-6.7%) |
| 3BR | $2,050 | $2,472 | −$422 (-17.1%) |
| 3BR | $1,550 | $2,472 | −$922 (-37.3%) |
| 4BR | $1,975 | $2,630 | −$655 (-24.9%) |
| 4BR | $1,723 | $2,630 | −$907 (-34.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2023.