Housing in Far South at a glance
- Population
- about 245,220
- Housing units
- about 109,752
- Median value, owner-occupied homes
- $210,000Chicago: $334,100 (-37%)
- Median gross rent
- $1,140 a monthChicago: $1,440 (-21%)
- Owner-occupied homes
- 62.7%Chicago: 46%
- Homes built before 1980
- 90.5%
- Median year built
- 1949
Far South holds the lowest median home value of Chicago's seven planning regions, $210,000, a long way under Chicago's own $334,100, and its housing is the oldest, with 90.5% of homes predating 1980 and 1949 as the middle year of construction. Owners are well ahead at 62.7%, second-highest of seven and 16.7 points above the citywide 46%. Southeast next door offers $227,000 and Southwest $268,000, while Central reaches $490,000. Rent of $1,140 ranks sixth, well under Central's $2,340. Far South is the region toward the city's south, and it combines low values with a strong owner base, unlike Southeast, where only 35% own. Its 245,220 residents live in one of the smaller regions by population.
Questions about Far South
What is the median home value in Far South, Chicago?
$210,000 for owner-occupied homes, against $334,100 for Chicago as a whole (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary). It is the owners' own estimate of their home's value, not a sale price.
What is the median rent in Far South?
$1,140 a month in gross rent (rent plus utilities paid by the renter), against $1,440 in Chicago (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary).
Do most people in Far South own or rent?
Most own: 62.7% of occupied homes are owner-occupied, against 46% in Chicago (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary).
Data and method
Data as of: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (retrieved 2026-11-02).
Estimate from the 78 census tracts whose internal point lies within the official boundary: counts are summed, and each median is recomputed from the summed value, rent and year-built brackets (grouped median, linear interpolation). The gap with the city is measured with the same method on the whole city. Boundaries used: City of Chicago Data Portal, Planning Regions (spyv-p8fk) (consulted 2026-11-02).
Sector boundaries: Planning regions (7), Boundaries - Planning Regions, City of Chicago Data Portal.
Sources: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates, tables B01003, B25001, B25003, B25034, B25063, B25064, B25075, B25077; U.S. Census Bureau, 2024 Gazetteer files (census tract internal points). City figures: the same survey, published for Chicago as a whole. Home values are owners' estimates, not sale prices.
Near Far South
The closest sectors of Chicago, by distance between population centres.
Other sectors of Chicago
Five trades, one spot each
Payotte lists one professional per trade in Far South. No one is listed yet: every spot is open.
- Real estate agentOpen spot
- Mortgage loan officerOpen spot
- Home inspectorOpen spot
- Real estate attorneyOpen spot
- AppraiserOpen spot
Work in one of these trades in Far South? Ask for your spot.