Monthly Rent Report
South Shore Rent Report — September 2024
Asking rents in ZIP 60649, Chicago, from 40 listings.
Median 1BR rent in South Shore was $1,125 in September 2024, up 5.9% (+$63) from August 2024 and up 15.7% year-over-year. The middle half of 1BR listings asked between $1,050 and $1,125. That puts South Shore $370 below the Chicago citywide 1BR median of $1,495. The month's figures are based on 40 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,686 | +$561 (+49.9%) | +$786 (+87.3%) | $1,686 – $1,686 | 2 |
| 1BR | $1,125 | +$63 (+5.9%) | +$153 (+15.7%) | $1,050 – $1,125 | 5 |
| 1BR | $1,450 | +$388 (+36.5%) | +$478 (+49.1%) | $1,100 – $1,450 | 9 |
| 2BR | $1,250 | +$50 (+4.2%) | +$150 (+13.6%) | $1,250 – $1,250 | 1 |
| 2BR | $1,100 | −$100 (-8.3%) | $0 (0.0%) | $1,100 – $1,263 | 12 |
| 3BR | $1,650 | −$483 (-22.6%) | +$263 (+18.9%) | $1,650 – $1,650 | 5 |
| 3BR | $1,800 | −$333 (-15.6%) | +$413 (+29.7%) | $1,800 – $1,800 | 1 |
| 4BR | $1,250 | −$450 (-26.5%) | −$892 (-41.6%) | $1,250 – $1,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
South Shore vs. Chicago — September 2024
| Bedrooms | South Shore Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,686 | $1,195 | +$491 (+41.1%) |
| 1BR | $1,125 | $1,495 | −$370 (-24.7%) |
| 1BR | $1,450 | $1,495 | −$45 (-3.0%) |
| 2BR | $1,250 | $1,843 | −$592 (-32.2%) |
| 2BR | $1,100 | $1,843 | −$742 (-40.3%) |
| 3BR | $1,650 | $2,350 | −$700 (-29.8%) |
| 3BR | $1,800 | $2,350 | −$550 (-23.4%) |
| 4BR | $1,250 | $2,750 | −$1,500 (-54.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2024.