Monthly Rent Report
South Shore Rent Report — May 2021
Asking rents in ZIP 60649, Chicago, from 154 listings.
Median 1BR rent in South Shore was $910 in May 2021, up 1.1% (+$10) from April 2021. The middle half of 1BR listings asked between $810 and $1,195. That puts South Shore $338 below the Chicago citywide 1BR median of $1,248. The month's figures are based on 154 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $835 | −$55 (-6.2%) | — | $710 – $910 | 11 |
| Studio | $750 | −$140 (-15.7%) | — | $750 – $750 | 11 |
| 1BR | $910 | +$10 (+1.1%) | — | $810 – $1,195 | 30 |
| 1BR | $800 | −$100 (-11.1%) | — | $700 – $970 | 12 |
| 2BR | $1,050 | $0 (0.0%) | — | $1,050 – $1,050 | 31 |
| 2BR | $994 | −$56 (-5.3%) | — | $940 – $1,100 | 45 |
| 3BR | $1,250 | +$150 (+13.6%) | — | $1,110 – $1,500 | 7 |
| 3BR | $1,250 | +$150 (+13.6%) | — | $1,125 – $1,375 | 2 |
| 4BR | $1,180 | −$195 (-14.2%) | — | $1,160 – $1,224 | 4 |
| 4BR | $1,295 | −$80 (-5.8%) | — | $1,295 – $1,295 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
South Shore vs. Chicago — May 2021
| Bedrooms | South Shore Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $835 | $995 | −$160 (-16.1%) |
| Studio | $750 | $995 | −$245 (-24.6%) |
| 1BR | $910 | $1,248 | −$337 (-27.1%) |
| 1BR | $800 | $1,248 | −$447 (-35.9%) |
| 2BR | $1,050 | $1,521 | −$471 (-31.0%) |
| 2BR | $994 | $1,521 | −$527 (-34.7%) |
| 3BR | $1,250 | $1,950 | −$700 (-35.9%) |
| 3BR | $1,250 | $1,950 | −$700 (-35.9%) |
| 4BR | $1,180 | $2,245 | −$1,065 (-47.4%) |
| 4BR | $1,295 | $2,245 | −$950 (-42.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2021.