Monthly Rent Report
Woodlawn Rent Report — August 2024
Asking rents in ZIP 60637, Chicago, from 19 listings.
Median 1BR rent in Woodlawn was $1,000 in August 2024, down 12.9% (−$147) from July 2024 and up 19.8% year-over-year. The middle half of 1BR listings asked between $1,000 and $1,000. That puts Woodlawn $538 below the Chicago citywide 1BR median of $1,538. The month's figures are based on 19 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,190 | +$40 (+3.5%) | −$160 (-11.9%) | $1,190 – $1,190 | 1 |
| 1BR | $1,000 | −$147 (-12.9%) | +$165 (+19.8%) | $1,000 – $1,000 | 1 |
| 2BR | $1,588 | +$338 (+27.0%) | +$638 (+67.1%) | $1,581 – $1,594 | 2 |
| 2BR | $1,400 | +$150 (+12.0%) | +$450 (+47.4%) | $1,400 – $1,400 | 1 |
| 3BR | $1,748 | −$452 (-20.6%) | −$252 (-12.6%) | $1,700 – $1,795 | 10 |
| 3BR | $1,792 | −$408 (-18.6%) | −$208 (-10.4%) | $1,621 – $1,962 | 2 |
| 4BR | $2,150 | +$350 (+19.4%) | −$200 (-8.5%) | $2,150 – $2,150 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Woodlawn vs. Chicago — August 2024
| Bedrooms | Woodlawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,190 | $1,190 | $0 (0.0%) |
| 1BR | $1,000 | $1,538 | −$538 (-35.0%) |
| 2BR | $1,588 | $1,823 | −$235 (-12.9%) |
| 2BR | $1,400 | $1,823 | −$422 (-23.2%) |
| 3BR | $1,748 | $2,300 | −$552 (-24.0%) |
| 3BR | $1,792 | $2,300 | −$508 (-22.1%) |
| 4BR | $2,150 | $2,995 | −$845 (-28.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2024.