Monthly Rent Report
Woodlawn Rent Report — April 2024
Asking rents in ZIP 60637, Chicago, from 1,029 listings.
Median 1BR rent in Woodlawn was $1,250 in April 2024, up 19.0% (+$200) from March 2024 and down 5.7% year-over-year. The middle half of 1BR listings asked between $1,250 and $1,250. That puts Woodlawn $250 below the Chicago citywide 1BR median of $1,500. The month's figures are based on 1,029 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,095 | +$145 (+15.3%) | +$95 (+9.5%) | $1,026 – $1,199 | 54 |
| Studio | $1,095 | +$145 (+15.3%) | +$95 (+9.5%) | $1,015 – $1,280 | 77 |
| 1BR | $1,250 | +$200 (+19.0%) | −$75 (-5.7%) | $1,250 – $1,250 | 1 |
| 1BR | $1,378 | +$328 (+31.2%) | +$53 (+4.0%) | $1,044 – $1,651 | 142 |
| 2BR | $1,450 | $0 (0.0%) | +$50 (+3.6%) | $1,298 – $1,679 | 298 |
| 2BR | $1,238 | −$212 (-14.7%) | −$162 (-11.6%) | $1,206 – $1,269 | 2 |
| 3BR | $1,750 | −$100 (-5.4%) | +$300 (+20.7%) | $1,515 – $2,100 | 348 |
| 3BR | $1,450 | −$400 (-21.6%) | $0 (0.0%) | $1,450 – $1,450 | 1 |
| 4BR | $2,000 | −$500 (-20.0%) | −$86 (-4.1%) | $2,000 – $2,000 | 1 |
| 4BR | $2,200 | −$300 (-12.0%) | +$114 (+5.5%) | $1,900 – $3,100 | 80 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Woodlawn vs. Chicago — April 2024
| Bedrooms | Woodlawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,095 | $1,222 | −$127 (-10.4%) |
| Studio | $1,095 | $1,222 | −$127 (-10.4%) |
| 1BR | $1,250 | $1,500 | −$250 (-16.7%) |
| 1BR | $1,378 | $1,500 | −$122 (-8.2%) |
| 2BR | $1,450 | $1,850 | −$400 (-21.6%) |
| 2BR | $1,238 | $1,850 | −$612 (-33.1%) |
| 3BR | $1,750 | $2,300 | −$550 (-23.9%) |
| 3BR | $1,450 | $2,300 | −$850 (-37.0%) |
| 4BR | $2,000 | $2,800 | −$800 (-28.6%) |
| 4BR | $2,200 | $2,800 | −$600 (-21.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2024.