Average Rent in South Chicago, Chicago, IL

Current Versus Historical South Chicago, Chicago, IL Rents

South Chicago rentals average $0 for a 1-bedroom rental to $2,200 for a 4-bedroom rental. The median price of all currently available listings is $1,425, 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 decreased by $25 (-1.74%) year-over-year from $1,438 to $1,413. 4-bedroom rentals prices have increased by $258 (14.83%) year-over-year from $1,742 to $2,000. 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 1.80% this month. 4-bedroom rents have gone up by 9.59% 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	$1.29	$1,413	$1,438 (-1.74%)	$1,315 (7.41%)
4+ BR	$1.56	$2,000	$1,742 (14.83%)	$1,267 (57.89%)

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 5 cities nearby South Chicago. The average rent in South Chicago is currently $2,105 per month. Our records show that Evanston, IL, with an average rent of $1,975, 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 $2,850 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 103.54% more affordable. Want more information? Check out the top 5 cities near South Chicago, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Evanston, IL	$1,185	$1,595	$2,150	$1,975
Chicago, IL	$1,345	$1,755	$2,250	$2,000
Schaumburg, IL	N/A	$1,995	$2,350	$2,105
Wheaton, IL	N/A	$1,960	$2,320	$2,320
Naperville, IL	N/A	$1,650	$2,250	$2,850

Top Neighborhoods Near South Chicago

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

The average rent for these 15 neighborhoods in or near South Chicago, Chicago, IL is currently around $1,975 per month. Meaning, only fifteen neighborhoods have a higher average rent than $1,975. Interestingly, the neighborhoods' average rent is higher than South Chicago's average rent, which is only $1,425. Out of all the neighborhoods in or near South Chicago, Edgewater has the most affordable average rent at $1,550 per month. Whereas, at $2,800 average rent per month, South Loop 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	$1,121	$1,550	$2,200	$1,550
Ravenswood, Chicago, IL	$1,220	$1,550	$2,570	$1,600
Rogers Park, Chicago, IL	$1,098	$1,350	$1,850	$1,600
Uptown, Chicago, IL	$1,100	$1,600	$2,250	$1,635
West Rogers Park, Chicago, IL	$1,200	$1,325	$1,800	$1,700
Albany Park, Chicago, IL	$1,050	$1,420	$1,900	$1,738
Lincoln Park, Chicago, IL	$1,385	$1,963	$2,805	$1,875
Humboldt Park, Chicago, IL	N/A	$1,775	$1,813	$1,975
Logan Square, Chicago, IL	$1,250	$1,795	$2,050	$1,995
Lakeview, Chicago, IL	$1,345	$1,850	$2,550	$2,090
Hyde Park, Chicago, IL	$1,250	$1,673	$2,000	$2,200
DePaul, Chicago, IL	$1,595	$2,270	$2,375	$2,325
Near North Side, Chicago, IL	$1,860	$2,350	$3,500	$2,555
The Loop, Chicago, IL	N/A	$2,475	$3,300	$2,788
South Loop, Chicago, IL	$1,648	$2,225	$3,000	$2,800

Top Counties Near South Chicago

There are a total of 15 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 $2,100. That's roughly around $2 per sqft. The county that is the most affordable is Evanston, IL. It's average rent per month is $1,975. Vice versa, with an average rent of $2,700, Naperville, IL is the most expensive county by South Chicago, Chicago, IL.

Typically, rent for studios in South Chicago, Chicago, IL is inf% more affordable than other counties nearby. 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 85.79% 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	$1,185	$1,595	$2,150	$1,975
Chicago, IL	$1,345	$1,755	$2,250	$2,000
Schaumburg, IL	$1,195	$1,985	$2,400	$2,098
Downers Grove, IL	N/A	$1,825	$2,209	$2,103
Milton, IL	N/A	$1,960	$2,320	$2,320
Naperville, IL	N/A	$1,663	$2,200	$2,700

Top Zipcodes Near South Chicago

There are a total of 21 zipcodes in or near South Chicago, Chicago, IL. The average rent for all of these zipcodes is $2,100.

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	$1,573	$1,885	$2,137
60608, Chicago, IL	N/A	$1,375	$1,850	$2,145
60607, Chicago, IL	$1,700	$2,398	$3,275	$2,998
60611, Chicago, IL	$1,800	$2,300	$3,612	$2,600
60654, Chicago, IL	$1,940	$2,478	$3,500	$2,500
60610, Chicago, IL	$1,868	$2,300	$3,500	$2,625
60642, Chicago, IL	$1,929	$2,225	$2,600	$2,675
60622, Chicago, IL	$1,893	$2,100	$2,400	$2,298
60614, Chicago, IL	$1,603	$2,295	$2,851	$2,295
60647, Chicago, IL	$1,250	$1,890	$2,150	$2,100

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 $1,425. 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 1 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 -0.02% 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 $1,140/month. You can search for these reasonably priced rental listings on RentHop.