Monthly Rent Report
Woodlawn Rent Report — January 2024
Asking rents in ZIP 60637, Chicago, from 395 listings.
Median 1BR rent in Woodlawn was $1,100 in January 2024, down 8.3% (−$100) from December 2023 and up 15.8% year-over-year. The middle half of 1BR listings asked between $980 and $1,344. That puts Woodlawn $417 below the Chicago citywide 1BR median of $1,517. The month's figures are based on 395 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $975 | +$216 (+28.5%) | $0 (0.0%) | $975 – $975 | 3 |
| Studio | $1,025 | +$266 (+35.0%) | +$50 (+5.1%) | $975 – $1,081 | 19 |
| 1BR | $1,100 | −$100 (-8.3%) | +$150 (+15.8%) | $980 – $1,344 | 42 |
| 1BR | $1,460 | +$260 (+21.7%) | +$510 (+53.7%) | $1,460 – $1,460 | 1 |
| 2BR | $1,295 | −$384 (-22.9%) | −$305 (-19.1%) | $1,100 – $1,462 | 76 |
| 2BR | $1,415 | −$264 (-15.8%) | −$185 (-11.6%) | $1,282 – $1,547 | 2 |
| 3BR | $1,395 | −$655 (-32.0%) | −$805 (-36.6%) | $1,395 – $1,395 | 1 |
| 3BR | $1,900 | −$150 (-7.3%) | −$300 (-13.6%) | $1,550 – $2,150 | 186 |
| 4BR | $1,350 | −$625 (-31.6%) | −$100 (-6.9%) | $1,350 – $1,350 | 1 |
| 4BR | $1,925 | −$50 (-2.5%) | +$475 (+32.8%) | $1,800 – $3,000 | 50 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Woodlawn vs. Chicago — January 2024
| Bedrooms | Woodlawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $975 | $1,225 | −$250 (-20.4%) |
| Studio | $1,025 | $1,225 | −$200 (-16.3%) |
| 1BR | $1,100 | $1,517 | −$417 (-27.5%) |
| 1BR | $1,460 | $1,517 | −$57 (-3.8%) |
| 2BR | $1,295 | $1,800 | −$505 (-28.1%) |
| 2BR | $1,415 | $1,800 | −$385 (-21.4%) |
| 3BR | $1,395 | $2,300 | −$905 (-39.3%) |
| 3BR | $1,900 | $2,300 | −$400 (-17.4%) |
| 4BR | $1,350 | $2,792 | −$1,441 (-51.6%) |
| 4BR | $1,925 | $2,792 | −$866 (-31.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2024.