Monthly Rent Report
South Shore Rent Report — September 2022
Asking rents in ZIP 60649, Chicago, from 171 listings.
Median 1BR rent in South Shore was $1,093 in September 2022, down 2.6% (−$29) from August 2022 and up 21.4% year-over-year. The middle half of 1BR listings asked between $1,035 and $1,093. That puts South Shore $207 below the Chicago citywide 1BR median of $1,300. The month's figures are based on 171 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. September 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $767 | +$67 (+9.6%) | −$183 (-19.3%) | $767 – $767 | 4 |
| Studio | $825 | +$125 (+17.9%) | −$125 (-13.2%) | $813 – $860 | 3 |
| 1BR | $1,093 | −$29 (-2.6%) | +$193 (+21.4%) | $1,035 – $1,093 | 3 |
| 1BR | $935 | −$187 (-16.7%) | +$35 (+3.9%) | $915 – $955 | 2 |
| 2BR | $1,050 | −$305 (-22.5%) | −$125 (-10.6%) | $1,050 – $1,050 | 1 |
| 2BR | $1,103 | −$252 (-18.6%) | −$72 (-6.2%) | $1,000 – $1,250 | 130 |
| 3BR | $1,225 | −$125 (-9.3%) | −$150 (-10.9%) | $1,225 – $1,225 | 2 |
| 3BR | $1,600 | +$250 (+18.5%) | +$225 (+16.4%) | $1,600 – $1,600 | 1 |
| 4BR | $1,800 | +$300 (+20.0%) | +$605 (+50.6%) | $1,600 – $1,850 | 14 |
| 4BR | $1,800 | +$300 (+20.0%) | +$605 (+50.6%) | $1,700 – $1,850 | 5 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
South Shore vs. Chicago — September 2022
| Bedrooms | South Shore Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $767 | $1,050 | −$283 (-27.0%) |
| Studio | $825 | $1,050 | −$225 (-21.4%) |
| 1BR | $1,093 | $1,300 | −$207 (-15.9%) |
| 1BR | $935 | $1,300 | −$365 (-28.1%) |
| 2BR | $1,050 | $1,550 | −$500 (-32.3%) |
| 2BR | $1,103 | $1,550 | −$447 (-28.9%) |
| 3BR | $1,225 | $2,099 | −$874 (-41.6%) |
| 3BR | $1,600 | $2,099 | −$499 (-23.8%) |
| 4BR | $1,800 | $2,420 | −$620 (-25.6%) |
| 4BR | $1,800 | $2,420 | −$620 (-25.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2022.