Monthly Rent Report
Woodlawn Rent Report — July 2024
Asking rents in ZIP 60637, Chicago, from 313 listings.
Median 1BR rent in Woodlawn was $1,148 in July 2024, up 20.8% (+$198) from June 2024 and down 20.9% year-over-year. The middle half of 1BR listings asked between $1,071 and $1,224. That puts Woodlawn $413 below the Chicago citywide 1BR median of $1,560. The month's figures are based on 313 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,150 | +$400 (+53.3%) | −$129 (-10.1%) | $902 – $1,313 | 8 |
| Studio | $1,183 | +$433 (+57.7%) | −$96 (-7.5%) | $1,083 – $1,255 | 64 |
| 1BR | $1,148 | +$198 (+20.8%) | −$302 (-20.9%) | $1,071 – $1,224 | 2 |
| 1BR | $1,425 | +$475 (+50.0%) | −$25 (-1.7%) | $1,083 – $1,940 | 87 |
| 2BR | $1,250 | −$315 (-20.1%) | −$45 (-3.5%) | $1,250 – $1,250 | 1 |
| 2BR | $1,100 | −$465 (-29.7%) | −$195 (-15.1%) | $1,100 – $1,100 | 3 |
| 3BR | $2,200 | −$350 (-13.7%) | +$539 (+32.5%) | $1,650 – $2,998 | 111 |
| 3BR | $1,395 | −$1,155 (-45.3%) | −$266 (-16.0%) | $1,395 – $1,395 | 1 |
| 4BR | $3,345 | +$845 (+33.8%) | +$1,685 (+101.5%) | $1,844 – $3,796 | 28 |
| 4BR | $1,800 | −$700 (-28.0%) | +$140 (+8.4%) | $1,800 – $1,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Woodlawn vs. Chicago — July 2024
| Bedrooms | Woodlawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,150 | $1,218 | −$68 (-5.6%) |
| Studio | $1,183 | $1,218 | −$35 (-2.9%) |
| 1BR | $1,148 | $1,560 | −$412 (-26.4%) |
| 1BR | $1,425 | $1,560 | −$135 (-8.7%) |
| 2BR | $1,250 | $1,805 | −$555 (-30.7%) |
| 2BR | $1,100 | $1,805 | −$705 (-39.1%) |
| 3BR | $2,200 | $2,363 | −$162 (-6.9%) |
| 3BR | $1,395 | $2,363 | −$967 (-41.0%) |
| 4BR | $3,345 | $2,789 | +$556 (+19.9%) |
| 4BR | $1,800 | $2,789 | −$989 (-35.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2024.