Monthly Rent Report
South Shore Rent Report — July 2021
Asking rents in ZIP 60649, Chicago, from 95 listings.
Median 1BR rent in South Shore was $970 in July 2021, up 11.2% (+$98) from June 2021. The middle half of 1BR listings asked between $910 and $1,084. That puts South Shore $225 below the Chicago citywide 1BR median of $1,195. The month's figures are based on 95 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $775 | +$40 (+5.4%) | — | $775 – $775 | 1 |
| Studio | $873 | +$138 (+18.7%) | — | $706 – $1,137 | 12 |
| 1BR | $970 | +$98 (+11.2%) | — | $910 – $1,084 | 3 |
| 1BR | $950 | +$78 (+8.9%) | — | $795 – $1,100 | 30 |
| 2BR | $1,060 | −$140 (-11.7%) | — | $995 – $1,863 | 38 |
| 2BR | $1,198 | −$2 (-0.2%) | — | $1,198 – $1,198 | 1 |
| 3BR | $1,200 | +$50 (+4.3%) | — | $1,049 – $1,325 | 6 |
| 3BR | $1,355 | +$205 (+17.8%) | — | $1,355 – $1,355 | 1 |
| 4BR | $1,675 | +$125 (+8.1%) | — | $1,588 – $1,763 | 2 |
| 4BR | $1,350 | −$200 (-12.9%) | — | $1,350 – $1,350 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.
South Shore vs. Chicago — July 2021
| Bedrooms | South Shore Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $775 | $1,038 | −$262 (-25.3%) |
| Studio | $873 | $1,038 | −$165 (-15.9%) |
| 1BR | $970 | $1,195 | −$225 (-18.8%) |
| 1BR | $950 | $1,195 | −$245 (-20.5%) |
| 2BR | $1,060 | $1,498 | −$437 (-29.2%) |
| 2BR | $1,198 | $1,498 | −$299 (-20.0%) |
| 3BR | $1,200 | $1,943 | −$742 (-38.2%) |
| 3BR | $1,355 | $1,943 | −$587 (-30.2%) |
| 4BR | $1,675 | $2,350 | −$675 (-28.7%) |
| 4BR | $1,350 | $2,350 | −$1,000 (-42.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2021.