Average Rent in South Shore, Chicago, IL

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Current Versus Historical South Shore, Chicago, IL Rents

South Shore rentals average $1,018 for a studio rental to $1,725 for a 4-bedroom rental. The median price of all currently available listings is $1,250, or roughly $1 per square feet.

For the apartment units and housing in December 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $139 (15.28%) year-over-year from $911 to $1,050. 1-bedroom rentals prices have increased by $112 (10.50%) year-over-year from $1,063 to $1,175. 2-bedroom rentals prices have increased by $5 (0.39%) year-over-year from $1,283 to $1,288. 3-bedroom rentals prices have increased by $284 (18.44%) year-over-year from $1,541 to $1,825. 4-bedroom rentals prices have increased by $168 (8.24%) year-over-year from $2,033 to $2,200. 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 21.25% this month. 1-bedroom rents have gone up by 11.11% this month. 2-bedroom rents have gone up by 3.34% this month. 3-bedroom rents have gone up by 5.80% this month. 4-bedroom rents have gone down by 20.48% this month.

Beds	Price / Sqft	Dec 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$1.62	$1,050	$911 (15.28%)	$750 (40.00%)
1 BR	$1.48	$1,175	$1,063 (10.50%)	$950 (23.68%)
2 BR	$1.29	$1,288	$1,283 (0.39%)	$1,215 (5.97%)
3 BR	$1.23	$1,825	$1,541 (18.44%)	$1,421 (28.45%)
4+ BR	$1.29	$2,200	$2,033 (8.24%)	$1,574 (39.76%)

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 7 cities nearby South Shore. The average rent in South Shore is currently $2,400 per month. Our records show that Chicago, IL, with an average rent of $2,165, 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 $2,730 per month.

Let's compare South Shore, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 58.21% more affordable. Two bedrooms in South Shore, Chicago, IL are about 89.90% more affordable. Finally, rent for three bedrooms are about 41.25% more affordable. Want more information? Check out the top 7 cities near South Shore, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Chicago, IL	$1,395	$1,887	$2,250	$2,165
Schaumburg, IL	N/A	$2,186	$2,350	$2,253
Wheaton, IL	N/A	$1,859	$2,699	$2,271
Aurora, IL	N/A	$1,523	$2,300	$2,400
Naperville, IL	N/A	$1,490	$2,250	$2,560
Oak Park, IL	N/A	$1,600	$2,650	$2,650
Evanston, IL	N/A	$2,100	$2,700	$2,730

Top Neighborhoods Near South Shore

There are a total of 15 neighborhoods in or near South Shore. Some of these neighborhoods include Rogers Park, Uptown, and Edgewater. We've included all of these top 15 neighborhoods in or near South Shore, Chicago, IL in the following chart.

The average rent for these 15 neighborhoods in or near South Shore, Chicago, IL is currently around $2,203 per month. Meaning, only fifteen neighborhoods have a higher average rent than $2,203. Interestingly, the neighborhoods' average rent is higher than South Shore's average rent, which is only $1,250. Out of all the neighborhoods in or near South Shore, Uptown has the most affordable average rent at $1,650 per month. Whereas, at $3,100 average rent per month, The Loop is the most expensive neighborhood in or near South Shore. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Rogers Park, Chicago, IL	$1,188	$1,525	$1,900	$1,650
Uptown, Chicago, IL	$1,198	$1,650	$2,233	$1,650
Edgewater, Chicago, IL	$1,325	$1,675	$2,195	$1,814
Humboldt Park, Chicago, IL	N/A	$2,150	$1,600	$1,900
Pilsen, Chicago, IL	N/A	$1,450	$1,595	$2,100
Woodlawn, Chicago, IL	N/A	$1,700	$1,675	$2,200
West Rogers Park, Chicago, IL	N/A	$1,725	$1,925	$2,200
Bronzeville, Chicago, IL	N/A	$1,900	$2,200	$2,203
Logan Square, Chicago, IL	$1,600	$2,100	$2,150	$2,295
Lakeview, Chicago, IL	$1,595	$1,900	$2,798	$2,439
South Loop, Chicago, IL	$1,775	$2,200	$2,900	$2,700
Near West Side, Chicago, IL	N/A	$2,407	$2,900	$2,725
West Town, Chicago, IL	$2,413	$2,600	$2,842	$2,863
Near North Side, Chicago, IL	$1,785	$2,400	$3,798	$2,900
The Loop, Chicago, IL	$2,000	$2,400	$3,200	$3,100

Top Counties Near South Shore

There are a total of 15 counties located by South Shore, Chicago, IL. Some of these counties include Chicago, IL, Downers Grove, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,450. That's roughly around $2 per sqft. The county that is the most affordable is Chicago, IL. It's average rent per month is $2,165. Vice versa, with an average rent of $2,730, Evanston, IL is the most expensive county by South Shore, Chicago, IL.

In comparison, rent for one bedroom listings in South Shore, Chicago, IL is 58.21% more affordable than other counties nearby. Finally, rent for two bedrooms in South Shore, Chicago, IL is 85.86% more affordable than other counties nearby. We've listed the top 9 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Chicago, IL	$1,395	$1,887	$2,250	$2,165
Downers Grove, IL	N/A	$1,850	$2,210	$2,208
Schaumburg, IL	N/A	$2,127	$2,195	$2,250
Milton, IL	N/A	$1,859	$2,300	$2,260
Naperville, IL	N/A	N/A	$2,300	$2,450
Libertyville, IL	N/A	$1,966	$2,300	$2,500
Leyden, IL	N/A	$1,450	$2,550	$2,550
Oak Park, IL	N/A	$1,600	$2,650	$2,650
Evanston, IL	N/A	$2,100	$2,700	$2,730

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 $2,071.

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	$1,460	$1,895	$2,095
60618, Chicago, IL	$1,695	$1,700	$1,995	$2,048
60641, Chicago, IL	$948	$1,450	$1,750	$2,000
60625, Chicago, IL	$1,548	$1,450	$2,050	$2,100

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 $1,250. 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 $1,018 and an average price per square feet of $1.62. There are a total of 6 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 $1,175 and an average price per square feet of $1.48. There are a total of 21 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 $1,238 and an average price per square feet of $1.29. There are a total of 26 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 0.15%, one bedroom rental prices have changed by 0.11%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by 0.18% 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 $1,000/month. You can search for these reasonably priced rental listings on RentHop.