Monthly Rent Report
South Shore Rent Report — March 2022
Asking rents in ZIP 60649, Chicago, from 32 listings.
Median 1BR rent in South Shore was $950 in March 2022, up 5.6% (+$50) from February 2022. The middle half of 1BR listings asked between $950 and $956. That puts South Shore $280 below the Chicago citywide 1BR median of $1,230. The month's figures are based on 32 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $800 | +$150 (+23.1%) | — | $800 – $800 | 7 |
| 1BR | $950 | +$50 (+5.6%) | — | $950 – $956 | 8 |
| 2BR | $1,250 | −$100 (-7.4%) | — | $1,250 – $1,250 | 6 |
| 2BR | $1,100 | −$250 (-18.5%) | — | $1,100 – $1,100 | 1 |
| 3BR | $1,100 | −$292 (-21.0%) | — | $1,100 – $1,100 | 1 |
| 3BR | $1,661 | +$269 (+19.3%) | — | $1,596 – $1,661 | 8 |
| 4BR | $1,400 | −$95 (-6.4%) | — | $1,400 – $1,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2022. Changes compare against the nearest prior month with data.
South Shore vs. Chicago — March 2022
| Bedrooms | South Shore Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $800 | $950 | −$150 (-15.8%) |
| 1BR | $950 | $1,230 | −$280 (-22.8%) |
| 2BR | $1,250 | $1,473 | −$222 (-15.1%) |
| 2BR | $1,100 | $1,473 | −$372 (-25.3%) |
| 3BR | $1,100 | $1,950 | −$850 (-43.6%) |
| 3BR | $1,661 | $1,950 | −$289 (-14.8%) |
| 4BR | $1,400 | $2,300 | −$900 (-39.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2022.