Monthly Rent Report

Woodlawn Rent Report — October 2024

Asking rents in ZIP 60637, Chicago, from 115 listings.

Median 1BR rent in Woodlawn was $1,050 in October 2024, up 5.5% (+$55) from September 2024 and down 4.1% year-over-year. The middle half of 1BR listings asked between $1,050 and $1,150. That puts Woodlawn $387 below the Chicago citywide 1BR median of $1,437. The month's figures are based on 115 listings across 11 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2024Vs. October 2023P25–P75 RangeListings
Studio$1,125+$175 (+18.4%)+$350 (+45.2%)$1,125 – $1,1251
Studio$3,000+$2,050 (+215.8%)+$2,225 (+287.1%)$3,000 – $3,0006
1BR$1,050+$55 (+5.5%)−$45 (-4.1%)$1,050 – $1,15015
1BR$1,400+$405 (+40.7%)+$305 (+27.9%)$1,400 – $1,4001
2BR$1,770+$320 (+22.0%)+$273 (+18.2%)$1,724 – $1,8152
2BR$1,500+$50 (+3.4%)+$3 (+0.2%)$1,281 – $1,96330
3BR$1,459+$9 (+0.6%)−$491 (-25.2%)$1,125 – $2,05050
3BR$1,450$0 (0.0%)−$500 (-25.6%)$1,450 – $1,4501
4BR$1,300$0 (0.0%)−$470 (-26.6%)$1,300 – $1,4757
4BR$2,000+$700 (+53.8%)+$230 (+13.0%)$2,000 – $2,0001

Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.

Woodlawn vs. ChicagoOctober 2024

BedroomsWoodlawn MedianChicago Citywide MedianDifference
Studio$1,125$1,298−$172 (-13.3%)
Studio$3,000$1,298+$1,703 (+131.2%)
1BR$1,050$1,437−$386 (-26.9%)
1BR$1,400$1,437−$36 (-2.5%)
2BR$1,770$1,770$0 (0.0%)
2BR$1,500$1,770−$269 (-15.2%)
3BR$1,459$2,305−$846 (-36.7%)
3BR$1,450$2,305−$855 (-37.1%)
4BR$1,300$2,995−$1,695 (-56.6%)
4BR$2,000$2,995−$995 (-33.2%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2024.

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