Monthly Rent Report
South Chicago Rent Report — November 2024
Asking rents in ZIP 60617, Chicago, from 56 listings.
Median 1BR rent in South Chicago was $1,686 in November 2024, up 77.5% (+$736) from October 2024 and up 93.2% year-over-year. The middle half of 1BR listings asked between $1,686 and $1,686. That puts South Chicago $111 above the Chicago citywide 1BR median of $1,575. The month's figures are based on 56 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | +$695 (+98.6%) | +$650 (+86.7%) | $1,400 – $1,400 | 1 |
| Studio | $1,400 | +$695 (+98.6%) | +$650 (+86.7%) | $1,400 – $1,400 | 1 |
| 1BR | $1,686 | +$736 (+77.5%) | +$814 (+93.2%) | $1,686 – $1,686 | 2 |
| 2BR | $1,343 | +$136 (+11.3%) | +$143 (+11.9%) | $1,172 – $1,515 | 2 |
| 2BR | $1,300 | +$93 (+7.7%) | +$100 (+8.3%) | $1,200 – $1,400 | 27 |
| 3BR | $2,250 | +$25 (+1.1%) | +$1,000 (+80.0%) | $2,250 – $2,250 | 1 |
| 3BR | $1,850 | −$375 (-16.9%) | +$600 (+48.0%) | $1,538 – $1,850 | 14 |
| 4BR | $2,100 | −$500 (-19.2%) | +$38 (+1.8%) | $2,100 – $2,100 | 1 |
| 4BR | $2,175 | −$425 (-16.3%) | +$113 (+5.5%) | $2,175 – $2,175 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
South Chicago vs. Chicago — November 2024
| Bedrooms | South Chicago Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $1,292 | +$108 (+8.4%) |
| Studio | $1,400 | $1,292 | +$108 (+8.4%) |
| 1BR | $1,686 | $1,575 | +$111 (+7.0%) |
| 2BR | $1,343 | $1,945 | −$602 (-31.0%) |
| 2BR | $1,300 | $1,945 | −$645 (-33.2%) |
| 3BR | $2,250 | $2,200 | +$50 (+2.3%) |
| 3BR | $1,850 | $2,200 | −$350 (-15.9%) |
| 4BR | $2,100 | $2,990 | −$890 (-29.8%) |
| 4BR | $2,175 | $2,990 | −$815 (-27.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2024.