Average Rent in South Shore, Chicago, IL

Current Versus Historical South Shore, Chicago, IL Rents

South Shore rentals average $1,275 for a studio rental to $2,050 for a 4-bedroom rental. The median price of all currently available listings is $1,425, or roughly $1 per square feet.

For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $350 (42.42%) year-over-year from $825 to $1,175. 1-bedroom rentals prices have increased by $138 (14.10%) year-over-year from $975 to $1,113. 2-bedroom rentals prices have increased by $15 (1.17%) year-over-year from $1,285 to $1,300. 3-bedroom rentals prices have increased by $101 (6.74%) year-over-year from $1,499 to $1,600. 4-bedroom rentals prices have increased by $258 (14.40%) year-over-year from $1,792 to $2,050. 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 up by 11.02% this month. 1-bedroom rents have gone up by 4.54% this month. 2-bedroom rents have gone up by 0.19% this month. 3-bedroom rents have gone up by 6.79% this month. 4-bedroom rents have gone up by 17.82% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$1.38	$1,175	$825 (42.42%)	$813 (44.62%)
1 BR	$1.56	$1,113	$975 (14.10%)	$917 (21.36%)
2 BR	$1.26	$1,300	$1,285 (1.17%)	$1,050 (23.81%)
3 BR	$1.32	$1,600	$1,499 (6.74%)	$1,250 (28.00%)
4+ BR	$0.97	$2,050	$1,792 (14.40%)	$1,449 (41.46%)

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 5 cities nearby South Shore. The average rent in South Shore is currently $2,100 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 Shore, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,850 per month.

Let's compare South Shore, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 46.42% more affordable. Two bedrooms in South Shore, Chicago, IL are about 84.00% more affordable. Finally, rent for three bedrooms are about 63.58% more affordable. Want more information? Check out the top 5 cities near South Shore, Chicago, IL in the following chart.

City	Studio	1 Bed	2 Bed	All
Evanston, IL	$1,185	$1,640	$2,150	$1,975
Chicago, IL	$1,350	$1,790	$2,300	$2,020
Schaumburg, IL	N/A	$1,995	$2,350	$2,100
Wheaton, IL	N/A	$1,960	$2,320	$2,320
Naperville, IL	N/A	$1,650	$2,200	$2,850

Top Neighborhoods Near South Shore

There are a total of 13 neighborhoods in or near South Shore. Some of these neighborhoods include Edgewater, Uptown, and Rogers Park. We've included all of these top 13 neighborhoods in or near South Shore, Chicago, IL in the following chart.

The average rent for these 13 neighborhoods in or near South Shore, Chicago, IL is currently around $1,850 per month. Meaning, only thirteen neighborhoods have a higher average rent than $1,850. Interestingly, the neighborhoods' average rent is higher than South Shore's average rent, which is only $1,425. Out of all the neighborhoods in or near South Shore, Edgewater has the most affordable average rent at $1,550 per month. Whereas, at $2,786 average rent per month, South 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
Edgewater, Chicago, IL	$1,120	$1,550	$2,250	$1,550
Uptown, Chicago, IL	$1,100	$1,600	$2,595	$1,600
Rogers Park, Chicago, IL	$1,125	$1,350	$1,850	$1,600
Ravenswood, Chicago, IL	$1,210	$1,595	$2,775	$1,645
West Rogers Park, Chicago, IL	$1,200	$1,350	$1,800	$1,698
Albany Park, Chicago, IL	$1,048	$1,420	$1,925	$1,800
Lincoln Park, Chicago, IL	$1,390	$1,900	$2,795	$1,850
Logan Square, Chicago, IL	$1,250	$1,795	$2,045	$1,898
Lakeview, Chicago, IL	$1,343	$1,895	$2,590	$2,091
Hyde Park, Chicago, IL	$1,250	$1,695	$1,899	$2,325
DePaul, Chicago, IL	$1,665	$2,290	$2,400	$2,395
Near North Side, Chicago, IL	$1,855	$2,399	$3,500	$2,576
South Loop, Chicago, IL	$1,700	$2,200	$3,000	$2,786

Top Counties Near South Shore

There are a total of 13 counties located by South Shore, Chicago, IL. Some of these counties include Evanston, IL, Chicago, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,141. 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 Shore, Chicago, IL.

In comparison, rent for one bedroom listings in South Shore, Chicago, IL is 47.98% more affordable than other counties nearby. Finally, rent for two bedrooms in South Shore, Chicago, IL is 80.00% 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	$1,640	$2,150	$1,975
Chicago, IL	$1,350	$1,790	$2,300	$2,020
Schaumburg, IL	N/A	$1,995	$2,350	$2,093
Downers Grove, IL	N/A	$1,828	$2,200	$2,188
Milton, IL	N/A	$1,960	$2,320	$2,320
Naperville, IL	N/A	$1,663	$2,150	$2,700

Top Zipcodes Near South Shore

There are a total of 20 zipcodes in or near South Shore, Chicago, IL. The average rent for all of these zipcodes is $2,030.

The following chart includes the top 10 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	$1,275	$1,698	$1,912	$2,195
60608, Chicago, IL	N/A	$1,375	$1,850	$2,013
60611, Chicago, IL	$1,798	$2,305	$3,650	$2,800
60654, Chicago, IL	$1,945	$2,500	$3,550	$2,500
60610, Chicago, IL	$1,855	$2,300	$3,450	$2,653
60642, Chicago, IL	$1,929	$2,300	$2,850	$2,700
60622, Chicago, IL	$1,893	$2,100	$2,438	$2,438
60614, Chicago, IL	$1,660	$2,295	$2,873	$2,325
60647, Chicago, IL	$1,250	$1,848	$2,145	$2,000
60657, Chicago, IL	$1,345	$1,900	$2,600	$2,077

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 $1,425. 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 $1,275 and an average price per square feet of $1.38. There are a total of 2 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 $1,223 and an average price per square feet of $1.56. There are a total of 6 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 $1,250 and an average price per square feet of $1.26. There are a total of 6 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 0.42%, one bedroom rental prices have changed by 0.14%, two bedroom rental prices have changed by 0.01%, and three bedroom rental prices have changed by 0.07% 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 $1,140/month. You can search for these reasonably priced rental listings on RentHop.