Monthly Rent Report
South Shore Rent Report — April 2022
Asking rents in ZIP 60649, Chicago, from 24 listings.
Median 1BR rent in South Shore was $873 in April 2022, down 8.2% (−$77) from March 2022 and down 3.1% year-over-year. The middle half of 1BR listings asked between $836 and $909. That puts South Shore $362 below the Chicago citywide 1BR median of $1,234. The month's figures are based on 24 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2022 | Vs. April 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $875 | +$75 (+9.4%) | −$15 (-1.7%) | $875 – $875 | 1 |
| 1BR | $873 | −$77 (-8.2%) | −$27 (-3.1%) | $836 – $909 | 4 |
| 1BR | $885 | −$65 (-6.8%) | −$15 (-1.7%) | $795 – $1,040 | 4 |
| 2BR | $1,250 | +$150 (+13.6%) | +$200 (+19.0%) | $1,245 – $1,392 | 5 |
| 2BR | $1,384 | +$284 (+25.8%) | +$334 (+31.8%) | $1,379 – $1,388 | 2 |
| 3BR | $1,005 | −$656 (-39.5%) | −$295 (-22.7%) | $861 – $1,230 | 4 |
| 3BR | $1,600 | −$61 (-3.7%) | +$300 (+23.1%) | $1,600 – $1,600 | 2 |
| 4BR | $1,350 | −$50 (-3.6%) | −$67 (-4.8%) | $1,300 – $1,400 | 2 |
Median, P25, and P75 are asking rents from listings posted in April 2022. Changes compare against the nearest prior month with data.
South Shore vs. Chicago — April 2022
| Bedrooms | South Shore Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $875 | $1,085 | −$210 (-19.4%) |
| 1BR | $873 | $1,234 | −$361 (-29.3%) |
| 1BR | $885 | $1,234 | −$349 (-28.3%) |
| 2BR | $1,250 | $1,495 | −$245 (-16.4%) |
| 2BR | $1,384 | $1,495 | −$111 (-7.5%) |
| 3BR | $1,005 | $2,098 | −$1,092 (-52.1%) |
| 3BR | $1,600 | $2,098 | −$497 (-23.7%) |
| 4BR | $1,350 | $2,595 | −$1,245 (-48.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2022.