Rental market snapshot for Woodlawn, Chicago
Woodlawn rental market summary
The rental market in Woodlawn, Illinois is showing signs of stability. In July 2023, there were 200 new listings, indicating that the market is still active. The median rent for the month of July 2023 was $1,500, which is the same as the median rent for June 2023 and July 2022. This suggests that the rental market in Woodlawn has remained steady over the past year.
Overall, the rental market in Woodlawn appears to be stable. There is a steady supply of new listings, and the median rent has remained the same for the past year. This indicates that the rental market in Woodlawn is not experiencing any significant changes in terms of pricing or availability.
Median rent for all residential properties in Woodlawn
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The most expensive listings and top trending buildings in Woodlawn
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
1502 E Marquette Rd | $3,500 | 4 / 2.5 |
6337 S Drexel Ave | $2,800 | 3 / 2.0 |
6135 S Kimbark Ave | $2,700 | 3 / 3.0 |
6322 S Evans Ave | $2,575 | 3 / 2.0 |
6444 S Evans Ave | $2,550 | 3 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Cagan Management Group Inc | $1,325 |
Zillow | $998 |
PIP Management LLC | $950 |
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Bedroom Breakdown in Woodlawn
Woodlawn neighborhood apartments rents
The rental market for studios in Woodlawn, Illinois appears to be relatively stable, with only two new listings in May 2023 and a median rent of $950. Unfortunately, no data is available for April 2023, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for studios in Woodlawn appears to be relatively steady.
The rental market for 1-bedroom apartments in Woodlawn, Illinois in May 2023 is stable, with no change in median rent from April 2023 to May 2023. There were 5 new 1-bedroom listings in May 2023, indicating that the market is still active. The median rent for 1-bedroom apartments in May 2023 was $1,044.
The rental market for 2-bedroom apartments in Woodlawn, Illinois is showing signs of growth. In June 2023, there were 3 new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in June 2023 was $1,395, which is a 7.3% increase from the median rent in May 2023 of $1,300. This suggests that the rental market for 2-bedroom apartments in Woodlawn is becoming more competitive, and renters should expect to pay more for these types of apartments in the near future.