Average Rent in South Shore, Chicago, IL

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Current Versus Historical South Shore, Chicago, IL Rents

South Shore rentals average $1,050 for a studio rental to $2,200 for a 4-bedroom rental. The median price of all currently available listings is $1,275, or roughly $1 per square feet.
For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $106 (11.21%) year-over-year from $944 to $1,050. 1-bedroom rentals prices have increased by $25 (2.44%) year-over-year from $1,025 to $1,050. 2-bedroom rentals prices have decreased by $18 (-1.47%) year-over-year from $1,246 to $1,228. 3-bedroom rentals prices have increased by $389 (25.76%) year-over-year from $1,511 to $1,900. 4-bedroom rentals prices have increased by $724 (37.60%) year-over-year from $1,926 to $2,650. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 16.22% this month. 1-bedroom rents have gone down by 3.08% this month. 2-bedroom rents have gone down by 3.47% this month. 3-bedroom rents have gone up by 14.00% this month. 4-bedroom rents have gone up by 13.61% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.83 $1,050 $944 (11.21%) $758 (38.46%)
1 BR $1.48 $1,050 $1,025 (2.44%) $933 (12.50%)
2 BR $1.25 $1,228 $1,246 (-1.47%) $1,215 (1.03%)
3 BR $1.12 $1,900 $1,511 (25.76%) $1,392 (36.53%)
4+ BR $1.33 $2,650 $1,926 (37.60%) $1,439 (84.13%)

Historical Rents in South Shore, Chicago, IL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near South Shore

There are a total of 6 cities nearby South Shore. The average rent in South Shore is currently $2,550 per month. Our records show that Chicago, IL, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near South Shore, Chicago, IL is Evanston, IL. Monthly rents here are on average $2,795 per month.

Let's compare South Shore, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 73.81% more affordable. Two bedrooms in South Shore, Chicago, IL are about 82.52% more affordable. Finally, rent for three bedrooms are about 48.55% more affordable. Want more information? Check out the top 6 cities near South Shore, Chicago, IL in the following chart.
City Studio 1 Bed 2 Bed All
Chicago, IL $1,375 $1,800 $2,200 $2,100
Schaumburg, IL N/A $2,131 $2,290 $2,250
Aurora, IL N/A $1,523 $2,200 $2,450
Oak Park, IL N/A $1,750 $2,625 $2,650
Naperville, IL N/A $1,850 $2,200 $2,700
Evanston, IL $2,306 $2,250 $2,795 $2,795

Top Neighborhoods Near South Shore

There are a total of 17 neighborhoods in or near South Shore. Some of these neighborhoods include Uptown, Rogers Park, and Edgewater. We've included all of these top 17 neighborhoods in or near South Shore, Chicago, IL in the following chart.

The average rent for these 17 neighborhoods in or near South Shore, Chicago, IL is currently around $2,200 per month. Meaning, only seventeen neighborhoods have a higher average rent than $2,200. Interestingly, the neighborhoods' average rent is higher than South Shore's average rent, which is only $1,275. Out of all the neighborhoods in or near South Shore, Uptown has the most affordable average rent at $1,600 per month. Whereas, at $2,950 average rent per month, Near North Side is the most expensive neighborhood in or near South Shore. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Uptown, Chicago, IL $1,200 $1,600 $2,325 $1,600
Rogers Park, Chicago, IL $1,200 $1,550 $1,895 $1,650
Edgewater, Chicago, IL $1,298 $1,648 $2,150 $1,800
West Rogers Park, Chicago, IL N/A $1,625 $1,850 $2,000
Lincoln Park, Chicago, IL $1,788 $2,190 $3,800 $2,017
Pilsen, Chicago, IL N/A $1,600 $1,750 $2,050
Ravenswood, Chicago, IL $1,300 $1,800 $2,200 $2,100
Humboldt Park, Chicago, IL N/A $1,750 $1,750 $2,100
Bronzeville, Chicago, IL N/A $1,700 $2,050 $2,200
Logan Square, Chicago, IL $1,550 $1,650 $2,200 $2,296
Lakeview, Chicago, IL $1,500 $1,850 $2,600 $2,310
South Loop, Chicago, IL $1,650 $2,000 $2,800 $2,665
Near West Side, Chicago, IL N/A $2,400 $2,733 $2,750
The Loop, Chicago, IL $1,825 $2,200 $3,000 $2,750
DePaul, Chicago, IL $1,950 $2,496 $2,625 $2,775
West Town, Chicago, IL $2,235 $2,480 $2,833 $2,900
Near North Side, Chicago, IL $1,730 $2,275 $3,700 $2,950

Top Counties Near South Shore

There are a total of 17 counties located by South Shore, Chicago, IL. Some of these counties include Thornton, IL, Downers Grove, IL, and Chicago, IL. The average rent for rentals in these counties is $2,419. That's roughly around $2 per sqft. The county that is the most affordable is Thornton, IL. It's average rent per month is $1,713. Vice versa, with an average rent of $3,200, Vernon, IL is the most expensive county by South Shore, Chicago, IL.

In comparison, rent for one bedroom listings in South Shore, Chicago, IL is 54.29% more affordable than other counties nearby. Finally, rent for two bedrooms in South Shore, Chicago, IL is 85.79% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Thornton, IL $1,000 $1,050 $1,400 $1,713
Downers Grove, IL N/A $1,850 $2,060 $2,078
Chicago, IL $1,375 $1,800 $2,200 $2,100
Proviso, IL $1,195 $1,400 $1,700 $2,200
Leyden, IL N/A $1,350 $2,400 $2,400
Maine, IL N/A $1,500 $2,300 $2,400
Lisle, IL N/A $1,600 $1,925 $2,438
Niles, IL N/A $1,400 $2,300 $2,500
Oak Park, IL N/A $1,750 $2,625 $2,650
Evanston, IL $2,306 $2,250 $2,795 $2,795

Top Zipcodes Near South Shore

There are a total of 4 zipcodes in or near South Shore, Chicago, IL. The average rent for all of these zipcodes is $2,000.

The following chart includes the top 4 zipcodes in South Shore, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
60615, Chicago, IL $1,250 $1,513 $1,967 $2,300
60618, Chicago, IL $1,600 $1,700 $1,975 $2,000
60641, Chicago, IL $1,100 $1,300 $1,750 $1,900
60625, Chicago, IL $1,300 $1,543 $1,873 $2,000

Frequently Asked Questions - South Shore Average Rents

What is the average rent price in South Shore, Chicago, IL?
The average monthly rental price for South Shore, Chicago, IL apartments for rent is approximately $1,275. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do South Shore, Chicago, IL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in South Shore, Chicago, IL.
How much is a studio apartment in South Shore, Chicago, IL?
The average monthly rental price for studio apartments is $1,050 and an average price per square feet of $1.83. There are a total of 3 studio apartment listings currently available for rent in South Shore.
How much is a one bedroom apartment in South Shore, Chicago, IL?
The average monthly rental price for one bedroom apartments is $1,050 and an average price per square feet of $1.48. There are a total of 18 one bedroom apartment listings currently available for rent in South Shore.
How much is a two bedroom apartment in South Shore, Chicago, IL?
The average monthly rental price for two bedroom apartments is $1,230 and an average price per square feet of $1.25. There are a total of 37 two bedroom apartment listings currently available for rent in South Shore.
How have rent prices in South Shore, Chicago, IL changed this year?
Rent prices for rentals in South Shore, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.11%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by -0.01%, and three bedroom rental prices have changed by 0.26% year-over-year.
What is a reasonable rent price in South Shore, Chicago, IL?
A reasonable rent price in South Shore, Chicago, IL is around $1,020/month. You can search for these reasonably priced rental listings on RentHop.
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