Monthly Rent Report
South Shore Rent Report — December 2024
Asking rents in ZIP 60649, Chicago, from 153 listings.
Median 1BR rent in South Shore was $1,123 in December 2024, down 10.2% (−$127) from November 2024 and up 14.0% year-over-year. The middle half of 1BR listings asked between $1,090 and $1,213. That puts South Shore $528 below the Chicago citywide 1BR median of $1,650. The month's figures are based on 153 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $895 | $0 (0.0%) | −$55 (-5.8%) | $895 – $1,000 | 8 |
| Studio | $1,100 | +$205 (+22.9%) | +$150 (+15.8%) | $1,100 – $1,100 | 1 |
| 1BR | $1,123 | −$127 (-10.2%) | +$138 (+14.0%) | $1,090 – $1,213 | 8 |
| 1BR | $1,200 | −$50 (-4.0%) | +$215 (+21.8%) | $1,050 – $1,250 | 29 |
| 2BR | $1,400 | −$100 (-6.7%) | +$50 (+3.7%) | $1,273 – $1,500 | 55 |
| 2BR | $1,781 | +$281 (+18.7%) | +$431 (+31.9%) | $1,733 – $1,828 | 2 |
| 3BR | $1,800 | $0 (0.0%) | +$302 (+20.1%) | $1,675 – $1,895 | 31 |
| 3BR | $2,250 | +$450 (+25.0%) | +$752 (+50.2%) | $2,250 – $2,250 | 1 |
| 4BR | $1,650 | $0 (0.0%) | +$50 (+3.1%) | $1,295 – $1,650 | 9 |
| 4BR | $1,650 | $0 (0.0%) | +$50 (+3.1%) | $1,525 – $1,650 | 3 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
South Shore vs. Chicago — December 2024
| Bedrooms | South Shore Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $895 | $1,385 | −$490 (-35.4%) |
| Studio | $1,100 | $1,385 | −$285 (-20.6%) |
| 1BR | $1,123 | $1,650 | −$527 (-32.0%) |
| 1BR | $1,200 | $1,650 | −$450 (-27.3%) |
| 2BR | $1,400 | $1,953 | −$552 (-28.3%) |
| 2BR | $1,781 | $1,953 | −$172 (-8.8%) |
| 3BR | $1,800 | $2,395 | −$595 (-24.8%) |
| 3BR | $2,250 | $2,395 | −$145 (-6.1%) |
| 4BR | $1,650 | $2,850 | −$1,200 (-42.1%) |
| 4BR | $1,650 | $2,850 | −$1,200 (-42.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2024.