Monthly Rent Report
South Shore Rent Report — June 2022
Asking rents in ZIP 60649, Chicago, from 26 listings.
Median 1BR rent in South Shore was $740 in June 2022, down 24.1% (−$235) from May 2022 and down 15.2% year-over-year. The middle half of 1BR listings asked between $740 and $740. That puts South Shore $510 below the Chicago citywide 1BR median of $1,250. The month's figures are based on 26 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2022 | Vs. June 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $750 | −$215 (-22.3%) | +$15 (+2.0%) | $700 – $800 | 2 |
| Studio | $900 | −$65 (-6.8%) | +$165 (+22.4%) | $788 – $900 | 6 |
| 1BR | $740 | −$235 (-24.1%) | −$132 (-15.2%) | $740 – $740 | 1 |
| 1BR | $925 | −$50 (-5.1%) | +$53 (+6.0%) | $913 – $938 | 3 |
| 2BR | $1,225 | +$25 (+2.1%) | +$125 (+11.4%) | $1,188 – $1,263 | 2 |
| 2BR | $1,100 | −$100 (-8.3%) | $0 (0.0%) | $1,075 – $1,125 | 2 |
| 3BR | $1,550 | +$54 (+3.6%) | +$400 (+34.8%) | $1,525 – $1,575 | 2 |
| 3BR | $1,355 | −$141 (-9.5%) | +$205 (+17.8%) | $1,355 – $1,355 | 1 |
| 4BR | $1,495 | +$395 (+35.9%) | +$45 (+3.1%) | $1,495 – $1,495 | 6 |
| 4BR | $1,495 | +$395 (+35.9%) | +$45 (+3.1%) | $1,495 – $1,495 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
South Shore vs. Chicago — June 2022
| Bedrooms | South Shore Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $750 | $990 | −$240 (-24.2%) |
| Studio | $900 | $990 | −$90 (-9.1%) |
| 1BR | $740 | $1,250 | −$510 (-40.8%) |
| 1BR | $925 | $1,250 | −$325 (-26.0%) |
| 2BR | $1,225 | $1,570 | −$345 (-22.0%) |
| 2BR | $1,100 | $1,570 | −$470 (-29.9%) |
| 3BR | $1,550 | $1,995 | −$445 (-22.3%) |
| 3BR | $1,355 | $1,995 | −$640 (-32.1%) |
| 4BR | $1,495 | $2,496 | −$1,001 (-40.1%) |
| 4BR | $1,495 | $2,496 | −$1,001 (-40.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2022.