Monthly Rent Report
Chinatown Rent Report — January 2025
Asking rents in ZIP 60616, Chicago, from 1,209 listings.
Median 1BR rent in Chinatown was $1,454 in January 2025, down 34.7% (−$773) from December 2024 and down 33.5% year-over-year. The middle half of 1BR listings asked between $1,350 and $1,925. That puts Chinatown $42 below the Chicago citywide 1BR median of $1,496. The month's figures are based on 1,209 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,153 | −$347 (-23.1%) | −$137 (-10.7%) | $1,075 – $1,381 | 108 |
| Studio | $1,153 | −$347 (-23.1%) | −$137 (-10.7%) | $1,075 – $1,381 | 108 |
| 1BR | $1,454 | −$773 (-34.7%) | −$731 (-33.5%) | $1,350 – $1,925 | 393 |
| 1BR | $2,248 | +$21 (+0.9%) | +$63 (+2.9%) | $2,239 – $2,256 | 2 |
| 2BR | $3,150 | +$1,350 (+75.0%) | +$1,155 (+57.9%) | $3,150 – $3,150 | 1 |
| 2BR | $1,835 | +$35 (+1.9%) | −$160 (-8.0%) | $1,635 – $2,485 | 379 |
| 3BR | $2,195 | +$391 (+21.6%) | −$1,105 (-33.5%) | $1,845 – $2,828 | 180 |
| 3BR | $1,803 | −$1 (-0.1%) | −$1,497 (-45.4%) | $1,801 – $2,044 | 3 |
| 4BR | $3,750 | +$1,450 (+63.0%) | +$1,250 (+50.0%) | $2,944 – $6,875 | 26 |
| 4BR | $2,077 | −$223 (-9.7%) | −$423 (-16.9%) | $2,046 – $2,098 | 8 |
Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.
Chinatown vs. Chicago — January 2025
| Bedrooms | Chinatown Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,153 | $1,250 | −$97 (-7.8%) |
| Studio | $1,153 | $1,250 | −$97 (-7.8%) |
| 1BR | $1,454 | $1,496 | −$42 (-2.8%) |
| 1BR | $2,248 | $1,496 | +$751 (+50.2%) |
| 2BR | $3,150 | $1,800 | +$1,350 (+75.0%) |
| 2BR | $1,835 | $1,800 | +$35 (+1.9%) |
| 3BR | $2,195 | $2,400 | −$205 (-8.5%) |
| 3BR | $1,803 | $2,400 | −$597 (-24.9%) |
| 4BR | $3,750 | $2,838 | +$913 (+32.2%) |
| 4BR | $2,077 | $2,838 | −$761 (-26.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2025.