Monthly Rent Report
South Shore Rent Report — October 2022
Asking rents in ZIP 60649, Chicago, from 244 listings.
Median 1BR rent in South Shore was $1,200 in October 2022, up 9.8% (+$107) from September 2022 and up 9.1% year-over-year. The middle half of 1BR listings asked between $935 and $1,300. That puts South Shore $118 below the Chicago citywide 1BR median of $1,318. The month's figures are based on 244 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $850 | +$83 (+10.8%) | +$200 (+30.8%) | $850 – $850 | 2 |
| Studio | $775 | +$8 (+1.0%) | +$125 (+19.2%) | $738 – $950 | 7 |
| 1BR | $1,200 | +$107 (+9.8%) | +$100 (+9.1%) | $935 – $1,300 | 63 |
| 1BR | $950 | −$143 (-13.1%) | −$150 (-13.6%) | $900 – $975 | 5 |
| 2BR | $1,148 | +$45 (+4.1%) | −$1 (-0.1%) | $1,081 – $1,195 | 6 |
| 2BR | $1,250 | +$148 (+13.4%) | +$101 (+8.8%) | $1,175 – $1,392 | 87 |
| 3BR | $1,465 | +$240 (+19.6%) | +$15 (+1.0%) | $1,219 – $1,673 | 4 |
| 3BR | $1,450 | +$225 (+18.4%) | $0 (0.0%) | $1,400 – $1,600 | 58 |
| 4BR | $1,600 | −$200 (-11.1%) | +$405 (+33.9%) | $1,600 – $1,600 | 1 |
| 4BR | $1,800 | $0 (0.0%) | +$605 (+50.6%) | $1,600 – $2,000 | 8 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
South Shore vs. Chicago — October 2022
| Bedrooms | South Shore Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $850 | $1,050 | −$200 (-19.0%) |
| Studio | $775 | $1,050 | −$275 (-26.2%) |
| 1BR | $1,200 | $1,318 | −$117 (-8.9%) |
| 1BR | $950 | $1,318 | −$367 (-27.9%) |
| 2BR | $1,148 | $1,700 | −$552 (-32.5%) |
| 2BR | $1,250 | $1,700 | −$450 (-26.5%) |
| 3BR | $1,465 | $2,190 | −$725 (-33.1%) |
| 3BR | $1,450 | $2,190 | −$740 (-33.8%) |
| 4BR | $1,600 | $2,478 | −$877 (-35.4%) |
| 4BR | $1,800 | $2,478 | −$677 (-27.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2022.