Monthly Rent Report
Chinatown Rent Report — February 2025
Asking rents in ZIP 60616, Chicago, from 818 listings.
Median 1BR rent in Chinatown was $1,430 in February 2025, down 36.4% (−$817) from January 2025 and down 33.8% year-over-year. The middle half of 1BR listings asked between $1,355 and $1,698. That puts Chinatown $115 below the Chicago citywide 1BR median of $1,545. The month's figures are based on 818 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2025 | Vs. February 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,150 | −$3 (-0.3%) | +$63 (+5.7%) | $1,081 – $1,250 | 79 |
| Studio | $1,439 | +$286 (+24.8%) | +$352 (+32.3%) | $1,422 – $1,616 | 12 |
| 1BR | $1,430 | −$817 (-36.4%) | −$730 (-33.8%) | $1,355 – $1,698 | 271 |
| 1BR | $2,175 | −$72 (-3.2%) | +$15 (+0.7%) | $2,175 – $2,175 | 1 |
| 2BR | $2,660 | +$825 (+45.0%) | +$722 (+37.3%) | $2,660 – $2,660 | 1 |
| 2BR | $1,825 | −$10 (-0.5%) | −$113 (-5.8%) | $1,565 – $2,395 | 304 |
| 3BR | $1,845 | −$350 (-15.9%) | −$255 (-12.1%) | $1,798 – $2,460 | 125 |
| 3BR | $1,803 | −$392 (-17.9%) | −$297 (-14.1%) | $1,800 – $1,809 | 5 |
| 4BR | $2,600 | −$1,150 (-30.7%) | +$224 (+9.4%) | $2,094 – $4,500 | 11 |
| 4BR | $2,098 | −$1,652 (-44.1%) | −$278 (-11.7%) | $2,056 – $2,109 | 9 |
Median, P25, and P75 are asking rents from listings posted in February 2025. Changes compare against the nearest prior month with data.
Chinatown vs. Chicago — February 2025
| Bedrooms | Chinatown Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,150 | $1,289 | −$139 (-10.8%) |
| Studio | $1,439 | $1,289 | +$150 (+11.7%) |
| 1BR | $1,430 | $1,545 | −$115 (-7.4%) |
| 1BR | $2,175 | $1,545 | +$630 (+40.8%) |
| 2BR | $2,660 | $1,850 | +$810 (+43.8%) |
| 2BR | $1,825 | $1,850 | −$25 (-1.4%) |
| 3BR | $1,845 | $2,395 | −$550 (-23.0%) |
| 3BR | $1,803 | $2,395 | −$592 (-24.7%) |
| 4BR | $2,600 | $3,198 | −$598 (-18.7%) |
| 4BR | $2,098 | $3,198 | −$1,100 (-34.4%) |
Citywide figure is the median of zip-level medians across 54 Chicago zip codes with listings in February 2025.