Monthly Rent Report
South Chicago Rent Report — January 2025
Asking rents in ZIP 60617, Chicago, from 560 listings.
Median 1BR rent in South Chicago was $900 in January 2025, down 10.0% (−$100) from December 2024 and down 5.3% year-over-year. The middle half of 1BR listings asked between $885 and $1,050. That puts South Chicago $596 below the Chicago citywide 1BR median of $1,496. The month's figures are based on 560 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $740 | −$610 (-45.2%) | +$45 (+6.5%) | $685 – $860 | 15 |
| Studio | $740 | −$610 (-45.2%) | +$45 (+6.5%) | $685 – $860 | 15 |
| 1BR | $900 | −$100 (-10.0%) | −$50 (-5.3%) | $885 – $1,050 | 73 |
| 1BR | $1,150 | +$150 (+15.0%) | +$200 (+21.1%) | $1,150 – $1,150 | 1 |
| 2BR | $1,325 | +$225 (+20.5%) | +$55 (+4.3%) | $1,188 – $1,463 | 2 |
| 2BR | $1,290 | +$190 (+17.3%) | +$20 (+1.6%) | $1,095 – $1,450 | 163 |
| 3BR | $1,400 | −$50 (-3.4%) | +$300 (+27.3%) | $1,350 – $1,400 | 3 |
| 3BR | $1,500 | +$50 (+3.4%) | +$400 (+36.4%) | $1,375 – $1,725 | 194 |
| 4BR | $1,800 | −$400 (-18.2%) | −$300 (-14.3%) | $1,775 – $2,400 | 68 |
| 4BR | $1,775 | −$425 (-19.3%) | −$325 (-15.5%) | $1,775 – $1,775 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.
South Chicago vs. Chicago — January 2025
| Bedrooms | South Chicago Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $740 | $1,250 | −$510 (-40.8%) |
| Studio | $740 | $1,250 | −$510 (-40.8%) |
| 1BR | $900 | $1,496 | −$596 (-39.8%) |
| 1BR | $1,150 | $1,496 | −$346 (-23.1%) |
| 2BR | $1,325 | $1,800 | −$475 (-26.4%) |
| 2BR | $1,290 | $1,800 | −$510 (-28.3%) |
| 3BR | $1,400 | $2,400 | −$1,000 (-41.7%) |
| 3BR | $1,500 | $2,400 | −$900 (-37.5%) |
| 4BR | $1,800 | $2,838 | −$1,037 (-36.6%) |
| 4BR | $1,775 | $2,838 | −$1,062 (-37.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2025.