Average Rent in South Chicago, Chicago, IL

Current Versus Historical South Chicago, Chicago, IL Rents

South Chicago rentals average $1,200 for a 2-bedroom rental to $2,248 for a 4-bedroom rental. The median price of all currently available listings is $1,575, or roughly $2 per square feet.

For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $42 (6.38%) year-over-year from $653 to $695. 1-bedroom rentals prices have increased by $2 (0.18%) year-over-year from $923 to $925. 2-bedroom rentals prices have increased by $140 (12.61%) year-over-year from $1,110 to $1,250. 3-bedroom rentals prices have increased by $50 (3.48%) year-over-year from $1,438 to $1,488. 4-bedroom rentals prices have increased by $158 (9.09%) year-over-year from $1,742 to $1,900. 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 0.00% this month. 1-bedroom rents have gone down by 10.84% this month. 2-bedroom rents have gone down by 2.60% this month. 3-bedroom rents have gone up by 5.31% this month. 4-bedroom rents have gone up by 6.05% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
2 BR	$2.00	$1,250	$1,110 (12.61%)	$950 (31.58%)
3 BR	$1.16	$1,488	$1,438 (3.48%)	$1,315 (13.12%)
4+ BR	$1.33	$1,900	$1,742 (9.09%)	$1,267 (50.00%)

Historical Rents in South Chicago, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near South Chicago

There are a total of 6 cities nearby South Chicago. The average rent in South Chicago is currently $2,246 per month. Our records show that Evanston, IL, with an average rent of $2,000, is the most affordable city nearby. In contrast, the most expensive city near South Chicago, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,800 per month.

Let's compare South Chicago, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about inf% more affordable. Two bedrooms in South Chicago, Chicago, IL are about 87.50% more affordable. Finally, rent for three bedrooms are about 78.08% more affordable. Want more information? Check out the top 6 cities near South Chicago, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Evanston, IL	$1,043	$1,693	$2,150	$2,000
Chicago, IL	$1,300	$1,725	$2,300	$2,084
Schaumburg, IL	N/A	$1,995	$2,382	$2,173
Wheaton, IL	N/A	$1,965	$2,320	$2,320
Aurora, IL	N/A	$1,300	$2,050	$2,373
Naperville, IL	N/A	$1,650	$2,200	$2,800

Top Neighborhoods Near South Chicago

There are a total of 14 neighborhoods in or near South Chicago. Some of these neighborhoods include Edgewater, Rogers Park, and Albany Park. We've included all of these top 14 neighborhoods in or near South Chicago, Chicago, IL in the following chart.

The average rent for these 14 neighborhoods in or near South Chicago, Chicago, IL is currently around $1,964 per month. A total of one neighborhood has a lower average rent. Meaning, only thirteen neighborhoods have a higher average rent than $1,964. Interestingly, the neighborhoods' average rent is higher than South Chicago's average rent, which is only $1,575. Out of all the neighborhoods in or near South Chicago, Edgewater has the most affordable average rent at $1,550 per month. Whereas, at $2,998 average rent per month, Near North Side is the most expensive neighborhood in or near South Chicago. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Edgewater, Chicago, IL	$1,126	$1,550	$2,175	$1,550
Rogers Park, Chicago, IL	$1,150	$1,375	$1,850	$1,600
Albany Park, Chicago, IL	$1,048	$1,420	$1,863	$1,650
Uptown, Chicago, IL	$1,125	$1,625	$2,600	$1,695
West Rogers Park, Chicago, IL	$1,200	$1,325	$1,825	$1,700
Ravenswood, Chicago, IL	$1,220	$1,600	$2,650	$1,725
Logan Square, Chicago, IL	$1,250	$1,795	$2,023	$1,911
Lincoln Park, Chicago, IL	$1,450	$1,875	$2,945	$2,018
Humboldt Park, Chicago, IL	$2,100	$1,450	$1,825	$2,075
Lakeview, Chicago, IL	$1,450	$1,927	$2,595	$2,100
Hyde Park, Chicago, IL	$1,275	$1,650	$1,875	$2,299
DePaul, Chicago, IL	$1,670	$2,295	$2,400	$2,393
South Loop, Chicago, IL	N/A	$2,248	$3,000	$2,817
Near North Side, Chicago, IL	$1,788	$2,350	$3,600	$2,998

Top Counties Near South Chicago

There are a total of 14 counties located by South Chicago, Chicago, IL. Some of these counties include Evanston, IL, Chicago, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,152. That's roughly around $2 per sqft. The county that is the most affordable is Evanston, IL. It's average rent per month is $2,000. Vice versa, with an average rent of $2,700, Naperville, IL is the most expensive county by South Chicago, Chicago, IL.

In comparison, rent for one bedroom listings in South Chicago, Chicago, IL is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in South Chicago, Chicago, IL is 87.88% more affordable than other counties nearby. We've listed the top 6 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Evanston, IL	$1,043	$1,693	$2,150	$2,000
Chicago, IL	$1,300	$1,725	$2,300	$2,084
Schaumburg, IL	N/A	$1,995	$2,382	$2,115
Downers Grove, IL	N/A	$1,822	$2,209	$2,188
Milton, IL	N/A	$1,963	$2,320	$2,320
Naperville, IL	N/A	$1,663	$2,185	$2,700

Top Zipcodes Near South Chicago

There are a total of 20 zipcodes in or near South Chicago, Chicago, IL. The average rent for all of these zipcodes is $2,097. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60641, Chicago, IL at $1,500 per month. In comparison, the zipcode with the most expensive average rent of $3,450 per month is 60611, Chicago, IL.

Studios in these zipcodes have an average rent of $1,250. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near South Chicago, Chicago, IL is $1,790 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,409 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in South Chicago, 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	$1,450	$1,900	$2,099
60608, Chicago, IL	N/A	$1,363	$1,850	$1,950
60607, Chicago, IL	$1,594	$2,250	$3,250	$3,095
60611, Chicago, IL	$1,835	$2,500	$3,684	$3,450
60610, Chicago, IL	$1,775	$2,299	$3,550	$2,713
60642, Chicago, IL	$1,929	$2,300	$2,900	$2,700
60622, Chicago, IL	$1,890	$2,100	$2,490	$2,500
60614, Chicago, IL	$1,595	$2,200	$2,900	$2,370
60647, Chicago, IL	$1,250	$1,848	$2,150	$2,050
60657, Chicago, IL	$1,400	$1,934	$2,650	$2,095

Frequently Asked Questions - South Chicago Average Rents

What is the average rent price in South Chicago, Chicago, IL?

The average monthly rental price for South Chicago, Chicago, IL apartments for rent is approximately $1,575. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do South Chicago, 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 Chicago, Chicago, IL.

How much is a studio apartment in South Chicago, Chicago, IL?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in South Chicago.

How much is a one bedroom apartment in South Chicago, Chicago, IL?

The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in South Chicago.

How much is a two bedroom apartment in South Chicago, Chicago, IL?

The average monthly rental price for two bedroom apartments is $1,200 and an average price per square feet of $2.00. There are a total of 3 two bedroom apartment listings currently available for rent in South Chicago.

How have rent prices in South Chicago, Chicago, IL changed this year?

Rent prices for rentals in South Chicago, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.06%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.13%, and three bedroom rental prices have changed by 0.03% year-over-year.

What is a reasonable rent price in South Chicago, Chicago, IL?

A reasonable rent price in South Chicago, Chicago, IL is around $1,260/month. You can search for these reasonably priced rental listings on RentHop.