Monthly Rent Report
South Shore Rent Report — January 2022
Asking rents in ZIP 60649, Chicago, from 62 listings.
Median 1BR rent in South Shore was $995 in January 2022, up 10.6% (+$95) from December 2021. The middle half of 1BR listings asked between $995 and $995. That puts South Shore $290 below the Chicago citywide 1BR median of $1,285. The month's figures are based on 62 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $800 | −$12 (-1.5%) | — | $800 – $800 | 4 |
| 1BR | $995 | +$95 (+10.6%) | — | $995 – $995 | 1 |
| 2BR | $1,250 | +$54 (+4.5%) | — | $1,075 – $1,330 | 38 |
| 2BR | $1,300 | +$104 (+8.7%) | — | $1,200 – $1,328 | 3 |
| 3BR | $1,620 | $0 (0.0%) | — | $1,455 – $1,620 | 14 |
| 4BR | $1,600 | $0 (0.0%) | — | $1,600 – $1,600 | 1 |
| 4BR | $1,495 | −$105 (-6.6%) | — | $1,495 – $1,495 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2022. Changes compare against the nearest prior month with data.
South Shore vs. Chicago — January 2022
| Bedrooms | South Shore Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $800 | $1,000 | −$200 (-20.0%) |
| 1BR | $995 | $1,285 | −$290 (-22.6%) |
| 2BR | $1,250 | $1,500 | −$250 (-16.7%) |
| 2BR | $1,300 | $1,500 | −$200 (-13.3%) |
| 3BR | $1,620 | $1,975 | −$355 (-18.0%) |
| 4BR | $1,600 | $2,000 | −$400 (-20.0%) |
| 4BR | $1,495 | $2,000 | −$505 (-25.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2022.