Monthly Rent Report
South Shore Rent Report — March 2025
Asking rents in ZIP 60649, Chicago, from 972 listings.
Median 1BR rent in South Shore was $1,198 in March 2025, down 0.2% (−$2) from February 2025 and up 14.0% year-over-year. The middle half of 1BR listings asked between $950 and $1,475. That puts South Shore $324 below the Chicago citywide 1BR median of $1,521. The month's figures are based on 972 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2025 | Vs. March 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $950 | $0 (0.0%) | +$115 (+13.8%) | $950 – $950 | 1 |
| Studio | $845 | −$105 (-11.1%) | +$10 (+1.2%) | $750 – $1,000 | 56 |
| 1BR | $1,198 | −$2 (-0.2%) | +$148 (+14.0%) | $950 – $1,475 | 234 |
| 1BR | $1,323 | +$123 (+10.2%) | +$273 (+26.0%) | $1,250 – $1,444 | 10 |
| 2BR | $1,370 | −$316 (-18.7%) | +$20 (+1.5%) | $1,200 – $1,686 | 344 |
| 2BR | $1,300 | −$386 (-22.9%) | −$50 (-3.7%) | $1,100 – $1,686 | 5 |
| 3BR | $1,525 | +$50 (+3.4%) | −$75 (-4.7%) | $1,350 – $1,900 | 285 |
| 3BR | $1,925 | +$450 (+30.5%) | +$325 (+20.3%) | $1,613 – $2,087 | 3 |
| 4BR | $1,650 | +$75 (+4.8%) | −$50 (-2.9%) | $1,595 – $1,650 | 33 |
| 4BR | $1,595 | +$20 (+1.3%) | −$105 (-6.2%) | $1,595 – $1,595 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2025. Changes compare against the nearest prior month with data.
South Shore vs. Chicago — March 2025
| Bedrooms | South Shore Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $950 | $1,275 | −$325 (-25.5%) |
| Studio | $845 | $1,275 | −$430 (-33.7%) |
| 1BR | $1,198 | $1,521 | −$324 (-21.3%) |
| 1BR | $1,323 | $1,521 | −$199 (-13.1%) |
| 2BR | $1,370 | $1,850 | −$480 (-25.9%) |
| 2BR | $1,300 | $1,850 | −$550 (-29.7%) |
| 3BR | $1,525 | $2,475 | −$950 (-38.4%) |
| 3BR | $1,925 | $2,475 | −$550 (-22.2%) |
| 4BR | $1,650 | $2,923 | −$1,272 (-43.5%) |
| 4BR | $1,595 | $2,923 | −$1,327 (-45.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2025.