Monthly Rent Report
Chinatown Rent Report — March 2025
Asking rents in ZIP 60616, Chicago, from 2,904 listings.
Median 1BR rent in Chinatown was $2,171 in March 2025, down 0.2% (−$4) from February 2025 and up 4.1% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,182. That puts Chinatown $650 above the Chicago citywide 1BR median of $1,521. The month's figures are based on 2,904 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2025 | Vs. March 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,190 | −$249 (-17.3%) | −$41 (-3.3%) | $1,104 – $1,399 | 291 |
| Studio | $1,197 | −$242 (-16.8%) | −$34 (-2.8%) | $1,105 – $1,403 | 240 |
| 1BR | $2,171 | −$4 (-0.2%) | +$86 (+4.1%) | $2,100 – $2,182 | 4 |
| 1BR | $1,440 | −$735 (-33.8%) | −$645 (-30.9%) | $1,355 – $1,700 | 1,015 |
| 2BR | $1,860 | +$35 (+1.9%) | −$1,140 (-38.0%) | $1,720 – $2,255 | 979 |
| 2BR | $2,885 | +$1,060 (+58.1%) | −$115 (-3.8%) | $2,885 – $2,885 | 1 |
| 3BR | $1,894 | +$49 (+2.6%) | −$5 (-0.3%) | $1,819 – $1,909 | 10 |
| 3BR | $2,410 | +$565 (+30.6%) | +$511 (+26.9%) | $1,845 – $2,525 | 340 |
| 4BR | $2,071 | −$27 (-1.3%) | −$429 (-17.2%) | $2,052 – $2,095 | 4 |
| 4BR | $2,163 | +$65 (+3.1%) | −$337 (-13.5%) | $2,085 – $3,825 | 20 |
Median, P25, and P75 are asking rents from listings posted in March 2025. Changes compare against the nearest prior month with data.
Chinatown vs. Chicago — March 2025
| Bedrooms | Chinatown Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,190 | $1,275 | −$85 (-6.7%) |
| Studio | $1,197 | $1,275 | −$78 (-6.1%) |
| 1BR | $2,171 | $1,521 | +$650 (+42.7%) |
| 1BR | $1,440 | $1,521 | −$81 (-5.3%) |
| 2BR | $1,860 | $1,850 | +$10 (+0.5%) |
| 2BR | $2,885 | $1,850 | +$1,035 (+55.9%) |
| 3BR | $1,894 | $2,475 | −$581 (-23.5%) |
| 3BR | $2,410 | $2,475 | −$65 (-2.6%) |
| 4BR | $2,071 | $2,923 | −$851 (-29.1%) |
| 4BR | $2,163 | $2,923 | −$759 (-26.0%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2025.