Monthly Rent Report
South Shore Rent Report — July 2022
Asking rents in ZIP 60649, Chicago, from 83 listings.
Median 1BR rent in South Shore was $995 in July 2022, up 7.6% (+$70) from June 2022 and up 4.7% year-over-year. The middle half of 1BR listings asked between $900 and $1,028. That puts South Shore $230 below the Chicago citywide 1BR median of $1,225. The month's figures are based on 83 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $775 | +$25 (+3.3%) | −$97 (-11.2%) | $775 – $775 | 1 |
| Studio | $800 | +$50 (+6.7%) | −$72 (-8.3%) | $800 – $805 | 9 |
| 1BR | $995 | +$70 (+7.6%) | +$45 (+4.7%) | $900 – $1,028 | 32 |
| 1BR | $1,123 | +$198 (+21.4%) | +$173 (+18.2%) | $1,059 – $1,186 | 2 |
| 2BR | $1,077 | −$23 (-2.1%) | −$121 (-10.1%) | $1,051 – $1,288 | 6 |
| 2BR | $1,200 | +$100 (+9.1%) | +$2 (+0.2%) | $1,200 – $1,200 | 1 |
| 3BR | $1,553 | +$3 (+0.2%) | +$198 (+14.6%) | $1,429 – $1,676 | 2 |
| 3BR | $1,550 | $0 (0.0%) | +$195 (+14.4%) | $1,418 – $1,700 | 27 |
| 4BR | $1,600 | +$105 (+7.0%) | +$250 (+18.5%) | $1,600 – $1,600 | 1 |
| 4BR | $1,598 | +$103 (+6.9%) | +$248 (+18.3%) | $1,549 – $1,646 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
South Shore vs. Chicago — July 2022
| Bedrooms | South Shore Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $775 | $1,104 | −$329 (-29.8%) |
| Studio | $800 | $1,104 | −$304 (-27.5%) |
| 1BR | $995 | $1,225 | −$230 (-18.8%) |
| 1BR | $1,123 | $1,225 | −$102 (-8.4%) |
| 2BR | $1,077 | $1,695 | −$618 (-36.5%) |
| 2BR | $1,200 | $1,695 | −$495 (-29.2%) |
| 3BR | $1,553 | $2,200 | −$647 (-29.4%) |
| 3BR | $1,550 | $2,200 | −$650 (-29.5%) |
| 4BR | $1,600 | $2,500 | −$900 (-36.0%) |
| 4BR | $1,598 | $2,500 | −$902 (-36.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2022.