Monthly Rent Report
South Shore Rent Report — June 2021
Asking rents in ZIP 60649, Chicago, from 114 listings.
Median 1BR rent in South Shore was $873 in June 2021, down 4.1% (−$37) from May 2021. The middle half of 1BR listings asked between $850 and $900. That puts South Shore $368 below the Chicago citywide 1BR median of $1,240. The month's figures are based on 114 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $735 | −$100 (-12.0%) | — | $703 – $881 | 14 |
| Studio | $750 | −$85 (-10.2%) | — | $750 – $750 | 3 |
| 1BR | $873 | −$37 (-4.1%) | — | $850 – $900 | 22 |
| 1BR | $815 | −$95 (-10.4%) | — | $778 – $940 | 27 |
| 2BR | $1,100 | +$106 (+10.7%) | — | $1,100 – $1,100 | 1 |
| 2BR | $1,200 | +$206 (+20.7%) | — | $1,050 – $1,495 | 33 |
| 3BR | $1,150 | −$100 (-8.0%) | — | $1,000 – $1,425 | 9 |
| 3BR | $1,100 | −$150 (-12.0%) | — | $1,100 – $1,148 | 3 |
| 4BR | $1,550 | +$255 (+19.7%) | — | $1,550 – $1,550 | 1 |
| 4BR | $1,450 | +$155 (+12.0%) | — | $1,450 – $1,450 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2021. Changes compare against the nearest prior month with data.
South Shore vs. Chicago — June 2021
| Bedrooms | South Shore Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $735 | $1,085 | −$350 (-32.3%) |
| Studio | $750 | $1,085 | −$335 (-30.9%) |
| 1BR | $873 | $1,240 | −$367 (-29.6%) |
| 1BR | $815 | $1,240 | −$425 (-34.3%) |
| 2BR | $1,100 | $1,579 | −$479 (-30.3%) |
| 2BR | $1,200 | $1,579 | −$379 (-24.0%) |
| 3BR | $1,150 | $1,813 | −$662 (-36.6%) |
| 3BR | $1,100 | $1,813 | −$712 (-39.3%) |
| 4BR | $1,550 | $2,293 | −$742 (-32.4%) |
| 4BR | $1,450 | $2,293 | −$842 (-36.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2021.