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 $3,100 for a 4-bedroom rental. The median price of all currently available listings is $1,550, or roughly $1 per square feet.

For the apartment units and housing in November 2024, median rents have risen substantially 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 $150 (14.63%) year-over-year from $1,025 to $1,175. 2-bedroom rentals prices have increased by $92 (7.36%) year-over-year from $1,246 to $1,338. 3-bedroom rentals prices have increased by $489 (32.38%) year-over-year from $1,511 to $2,000. 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 up by 4.44% this month. 2-bedroom rents have gone up by 2.23% this month. 3-bedroom rents have gone up by 17.65% 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	$1.38	$1,175	$1,025 (14.63%)	$933 (25.89%)
2 BR	$1.27	$1,338	$1,246 (7.36%)	$1,215 (10.08%)
3 BR	$1.27	$2,000	$1,511 (32.38%)	$1,392 (43.71%)
4+ BR	$1.28	$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 7 cities nearby South Shore. The average rent in South Shore is currently $2,455 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 $2,804 per month.

Let's compare South Shore, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 87.32% more affordable. Two bedrooms in South Shore, Chicago, IL are about 63.64% more affordable. Finally, rent for three bedrooms are about 46.00% 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	$1,350	$1,800	$2,200	$2,100
Schaumburg, IL	N/A	$2,201	$2,250	$2,289
Aurora, IL	N/A	$1,400	$2,173	$2,300
Wheaton, IL	N/A	$1,950	$2,720	$2,455
Naperville, IL	N/A	$2,415	$2,250	$2,615
Oak Park, IL	N/A	$2,250	$2,650	$2,750
Evanston, IL	$1,853	$2,350	$2,925	$2,804

Top Neighborhoods Near South Shore

There are a total of 19 neighborhoods in or near South Shore. Some of these neighborhoods include Rogers Park, Uptown, and Edgewater. We've included all of these top 19 neighborhoods in or near South Shore, Chicago, IL in the following chart.

The average rent for these 19 neighborhoods in or near South Shore, Chicago, IL is currently around $2,273 per month. Meaning, only nineteen neighborhoods have a higher average rent than $2,273. Interestingly, the neighborhoods' average rent is higher than South Shore's average rent, which is only $1,550. Out of all the neighborhoods in or near South Shore, Rogers Park has the most affordable average rent at $1,650 per month. Whereas, at $2,950 average rent per month, Near West 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
Rogers Park, Chicago, IL	$1,200	$1,535	$1,863	$1,650
Uptown, Chicago, IL	$1,200	$1,600	$2,350	$1,695
Edgewater, Chicago, IL	$1,275	$1,650	$2,100	$1,720
West Rogers Park, Chicago, IL	N/A	$1,500	$1,878	$1,860
Albany Park, Chicago, IL	N/A	$1,425	$1,950	$1,875
Pilsen, Chicago, IL	$1,495	$1,450	$1,900	$2,100
Ravenswood, Chicago, IL	$1,338	$1,675	$2,200	$2,100
Hyde Park, Chicago, IL	$1,200	$1,523	$1,975	$2,153
Humboldt Park, Chicago, IL	N/A	$1,963	$1,700	$2,163
Bronzeville, Chicago, IL	$1,325	$1,675	$1,992	$2,273
Logan Square, Chicago, IL	$1,395	$1,700	$2,200	$2,300
Lincoln Park, Chicago, IL	$1,585	$2,198	$3,650	$2,300
Lakeview, Chicago, IL	$1,445	$1,857	$2,600	$2,400
South Loop, Chicago, IL	$1,735	$2,000	$2,900	$2,650
The Loop, Chicago, IL	$1,900	$2,150	$3,000	$2,700
Bucktown, Chicago, IL	N/A	$1,836	$2,725	$2,713
Near North Side, Chicago, IL	$1,730	$2,300	$3,600	$2,800
West Town, Chicago, IL	$2,235	$2,243	$2,846	$2,950
Near West Side, Chicago, IL	N/A	$2,400	$2,875	$2,950

Top Counties Near South Shore

There are a total of 19 counties located by South Shore, Chicago, IL. Some of these counties include Proviso, IL, Downers Grove, IL, and Chicago, IL. The average rent for rentals in these counties is $2,550. That's roughly around $2 per sqft. The county that is the most affordable is Proviso, IL. It's average rent per month is $1,800. 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 55.17% more affordable than other counties nearby. Finally, rent for two bedrooms in South Shore, Chicago, IL is 65.44% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Proviso, IL	$1,195	$1,375	$1,600	$1,800
Downers Grove, IL	N/A	$1,847	$2,050	$2,050
Chicago, IL	$1,350	$1,800	$2,200	$2,100
Schaumburg, IL	N/A	$2,131	$2,100	$2,250
Milton, IL	N/A	$1,950	$2,409	$2,364
Lisle, IL	N/A	$1,600	$1,960	$2,415
Maine, IL	N/A	$1,400	$2,250	$2,600
Oak Park, IL	N/A	$2,250	$2,650	$2,750
Evanston, IL	$1,853	$2,350	$2,925	$2,804
York, IL	N/A	$1,935	$2,806	$2,850

Top Zipcodes Near South Shore

There are a total of 5 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 5 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	$1,200	$1,499	$1,950	$2,150
60618, Chicago, IL	$1,625	$1,625	$2,000	$2,000
60641, Chicago, IL	$1,025	$1,300	$1,750	$1,900
60625, Chicago, IL	$1,300	$1,400	$1,863	$2,000
60201, Evanston, IL	$2,306	$2,400	$3,475	$2,950

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 $1,550. 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 $1,175 and an average price per square feet of $1.38. There are a total of 12 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 $1,375 and an average price per square feet of $1.27. There are a total of 27 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 0.15%, two bedroom rental prices have changed by 0.07%, and three bedroom rental prices have changed by 0.32% 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 $1,240/month. You can search for these reasonably priced rental listings on RentHop.