Monthly Rent Report
Woodlawn Rent Report — September 2024
Asking rents in ZIP 60637, Chicago, from 45 listings.
Median 1BR rent in Woodlawn was $995 in September 2024, down 0.5% (−$5) from August 2024 and up 11.3% year-over-year. The middle half of 1BR listings asked between $995 and $995. That puts Woodlawn $500 below the Chicago citywide 1BR median of $1,495. The month's figures are based on 45 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $950 | −$240 (-20.2%) | +$191 (+25.2%) | $950 – $950 | 1 |
| 1BR | $995 | −$5 (-0.5%) | +$101 (+11.3%) | $995 – $995 | 1 |
| 2BR | $1,525 | −$62 (-3.9%) | +$125 (+8.9%) | $1,450 – $2,275 | 14 |
| 2BR | $1,450 | −$137 (-8.7%) | +$50 (+3.6%) | $1,400 – $1,500 | 2 |
| 3BR | $1,450 | −$341 (-19.1%) | $0 (0.0%) | $1,375 – $2,050 | 3 |
| 3BR | $1,950 | +$159 (+8.8%) | +$500 (+34.5%) | $1,688 – $2,275 | 8 |
| 4BR | $1,300 | −$850 (-39.5%) | +$150 (+13.0%) | $1,300 – $1,300 | 4 |
| 4BR | $2,000 | −$150 (-7.0%) | +$850 (+73.9%) | $2,000 – $2,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Woodlawn vs. Chicago — September 2024
| Bedrooms | Woodlawn Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $950 | $1,195 | −$245 (-20.5%) |
| 1BR | $995 | $1,495 | −$500 (-33.4%) |
| 2BR | $1,525 | $1,843 | −$317 (-17.2%) |
| 2BR | $1,450 | $1,843 | −$392 (-21.3%) |
| 3BR | $1,450 | $2,350 | −$900 (-38.3%) |
| 3BR | $1,950 | $2,350 | −$400 (-17.0%) |
| 4BR | $1,300 | $2,750 | −$1,450 (-52.7%) |
| 4BR | $2,000 | $2,750 | −$750 (-27.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2024.