Monthly Rent Report
South Shore Rent Report — February 2022
Asking rents in ZIP 60649, Chicago, from 66 listings.
Median 1BR rent in South Shore was $900 in February 2022, down 9.5% (−$95) from January 2022. The middle half of 1BR listings asked between $900 and $900. That puts South Shore $350 below the Chicago citywide 1BR median of $1,250. The month's figures are based on 66 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $650 | −$150 (-18.8%) | — | $650 – $650 | 7 |
| 1BR | $900 | −$95 (-9.5%) | — | $900 – $900 | 3 |
| 1BR | $825 | −$170 (-17.1%) | — | $825 – $825 | 1 |
| 2BR | $1,075 | −$225 (-17.3%) | — | $1,075 – $1,075 | 1 |
| 2BR | $1,350 | +$50 (+3.8%) | — | $1,150 – $1,355 | 17 |
| 3BR | $1,392 | −$228 (-14.1%) | — | $1,392 – $1,392 | 1 |
| 3BR | $1,660 | +$40 (+2.5%) | — | $1,660 – $1,660 | 32 |
| 4BR | $1,495 | −$105 (-6.6%) | — | $1,495 – $1,495 | 2 |
Median, P25, and P75 are asking rents from listings posted in February 2022. Changes compare against the nearest prior month with data.
South Shore vs. Chicago — February 2022
| Bedrooms | South Shore Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $650 | $1,028 | −$378 (-36.8%) |
| 1BR | $900 | $1,250 | −$350 (-28.0%) |
| 1BR | $825 | $1,250 | −$425 (-34.0%) |
| 2BR | $1,075 | $1,600 | −$525 (-32.8%) |
| 2BR | $1,350 | $1,600 | −$250 (-15.6%) |
| 3BR | $1,392 | $1,795 | −$403 (-22.5%) |
| 3BR | $1,660 | $1,795 | −$135 (-7.5%) |
| 4BR | $1,495 | $2,218 | −$722 (-32.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in February 2022.