Monthly Rent Report
Woodlawn Rent Report — June 2024
Asking rents in ZIP 60637, Chicago, from 1,586 listings.
Median 1BR rent in Woodlawn was $950 in June 2024, down 2.6% (−$25) from May 2024 and down 36.5% year-over-year. The middle half of 1BR listings asked between $950 and $950. That puts Woodlawn $549 below the Chicago citywide 1BR median of $1,499. The month's figures are based on 1,586 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $750 | −$339 (-31.2%) | −$500 (-40.0%) | $750 – $750 | 2 |
| Studio | $1,145 | +$56 (+5.1%) | −$105 (-8.4%) | $1,080 – $1,280 | 177 |
| 1BR | $950 | −$25 (-2.6%) | −$545 (-36.5%) | $950 – $950 | 1 |
| 1BR | $1,450 | +$475 (+48.7%) | −$45 (-3.0%) | $1,282 – $1,875 | 306 |
| 2BR | $1,565 | −$185 (-10.6%) | +$270 (+20.8%) | $1,357 – $2,215 | 452 |
| 2BR | $1,250 | −$500 (-28.6%) | −$45 (-3.5%) | $1,250 – $1,250 | 1 |
| 3BR | $2,550 | +$750 (+41.7%) | +$782 (+44.2%) | $2,550 – $2,550 | 1 |
| 3BR | $1,900 | +$100 (+5.5%) | +$132 (+7.4%) | $1,600 – $2,375 | 482 |
| 4BR | $2,250 | $0 (0.0%) | +$800 (+55.2%) | $1,844 – $3,695 | 140 |
| 4BR | $2,500 | +$250 (+11.1%) | +$1,050 (+72.4%) | $2,500 – $2,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Woodlawn vs. Chicago — June 2024
| Bedrooms | Woodlawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $750 | $1,149 | −$399 (-34.7%) |
| Studio | $1,145 | $1,149 | −$4 (-0.3%) |
| 1BR | $950 | $1,499 | −$549 (-36.6%) |
| 1BR | $1,450 | $1,499 | −$49 (-3.3%) |
| 2BR | $1,565 | $1,899 | −$334 (-17.6%) |
| 2BR | $1,250 | $1,899 | −$649 (-34.2%) |
| 3BR | $2,550 | $2,395 | +$155 (+6.5%) |
| 3BR | $1,900 | $2,395 | −$495 (-20.7%) |
| 4BR | $2,250 | $2,698 | −$447 (-16.6%) |
| 4BR | $2,500 | $2,698 | −$197 (-7.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2024.