Monthly Rent Report

South Shore Rent Report — December 2021

Asking rents in ZIP 60649, Chicago, from 51 listings.

Median 1BR rent in South Shore was $900 in December 2021, down 7.2% (−$70) from November 2021. The middle half of 1BR listings asked between $886 and $950. That puts South Shore $300 below the Chicago citywide 1BR median of $1,200. The month's figures are based on 51 listings across 9 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2021Vs. Year AgoP25–P75 RangeListings
Studio$813+$63 (+8.3%)$781 – $8442
Studio$815+$65 (+8.7%)$815 – $8151
1BR$900−$70 (-7.2%)$886 – $95012
1BR$1,400+$430 (+44.3%)$1,400 – $1,4001
2BR$1,196+$24 (+2.0%)$1,098 – $1,2942
2BR$1,225+$53 (+4.5%)$1,116 – $1,35518
3BR$1,400+$100 (+7.7%)$1,400 – $1,4001
3BR$1,620+$320 (+24.6%)$1,375 – $1,6207
4BR$1,600$0 (0.0%)$1,600 – $1,7007

Median, P25, and P75 are asking rents from listings posted in December 2021. Changes compare against the nearest prior month with data.

South Shore vs. ChicagoDecember 2021

BedroomsSouth Shore MedianChicago Citywide MedianDifference
Studio$813$975−$162 (-16.7%)
Studio$815$975−$160 (-16.4%)
1BR$900$1,200−$300 (-25.0%)
1BR$1,400$1,200+$200 (+16.7%)
2BR$1,196$1,500−$304 (-20.3%)
2BR$1,225$1,500−$275 (-18.3%)
3BR$1,400$1,800−$400 (-22.2%)
3BR$1,620$1,800−$180 (-10.0%)
4BR$1,600$1,944−$343 (-17.7%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2021.

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