Monthly Rent Report
South Shore Rent Report — August 2021
Asking rents in ZIP 60649, Chicago, from 289 listings.
Median 1BR rent in South Shore was $825 in August 2021, down 13.2% (−$125) from July 2021. The middle half of 1BR listings asked between $753 and $905. That puts South Shore $373 below the Chicago citywide 1BR median of $1,198. The month's figures are based on 289 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $770 | −$5 (-0.6%) | — | $675 – $875 | 11 |
| Studio | $750 | −$25 (-3.2%) | — | $750 – $750 | 3 |
| 1BR | $825 | −$125 (-13.2%) | — | $753 – $905 | 35 |
| 1BR | $900 | −$50 (-5.3%) | — | $850 – $900 | 69 |
| 2BR | $1,100 | +$40 (+3.8%) | — | $968 – $1,250 | 58 |
| 2BR | $1,200 | +$140 (+13.2%) | — | $1,200 – $1,300 | 85 |
| 3BR | $1,380 | +$25 (+1.8%) | — | $1,235 – $1,475 | 24 |
| 3BR | $1,450 | +$95 (+7.0%) | — | $1,450 – $1,450 | 1 |
| 4BR | $1,400 | −$275 (-16.4%) | — | $1,400 – $1,400 | 1 |
| 4BR | $1,475 | −$200 (-11.9%) | — | $1,413 – $1,538 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
South Shore vs. Chicago — August 2021
| Bedrooms | South Shore Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $770 | $1,050 | −$280 (-26.7%) |
| Studio | $750 | $1,050 | −$300 (-28.6%) |
| 1BR | $825 | $1,198 | −$372 (-31.1%) |
| 1BR | $900 | $1,198 | −$297 (-24.8%) |
| 2BR | $1,100 | $1,498 | −$397 (-26.5%) |
| 2BR | $1,200 | $1,498 | −$297 (-19.9%) |
| 3BR | $1,380 | $2,000 | −$620 (-31.0%) |
| 3BR | $1,450 | $2,000 | −$550 (-27.5%) |
| 4BR | $1,400 | $2,395 | −$995 (-41.5%) |
| 4BR | $1,475 | $2,395 | −$920 (-38.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in August 2021.