Monthly Rent Report

Chinatown Rent Report — April 2025

Asking rents in ZIP 60616, Chicago, from 2,405 listings.

Median 1BR rent in Chinatown was $2,230 in April 2025, up 2.7% (+$59) from March 2025 and up 5.6% year-over-year. The middle half of 1BR listings asked between $1,440 and $2,391. That puts Chinatown $643 above the Chicago citywide 1BR median of $1,588. The month's figures are based on 2,405 listings across 11 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. March 2025Vs. April 2024P25–P75 RangeListings
Studio$1,230+$33 (+2.8%)+$95 (+8.4%)$1,125 – $1,41261
Studio$1,240+$43 (+3.6%)+$105 (+9.3%)$1,130 – $1,499185
1BR$2,230+$59 (+2.7%)+$118 (+5.6%)$1,440 – $2,3911,059
1BR$2,415+$244 (+11.2%)+$303 (+14.3%)$2,415 – $2,4151
2BR$2,410+$550 (+29.6%)−$140 (-5.5%)$1,777 – $3,288834
2BR$2,885+$1,025 (+55.1%)+$335 (+13.1%)$2,885 – $2,8851
3BR$1,400−$1,010 (-41.9%)−$1,400 (-50.0%)$1,400 – $1,4001
3BR$2,295−$115 (-4.8%)−$505 (-18.0%)$1,845 – $2,505240
4BR$6,000+$3,837 (+177.4%)+$2,000 (+50.0%)$3,100 – $8,49519
4BR$2,149−$14 (-0.6%)−$1,851 (-46.3%)$2,132 – $2,1953

Median, P25, and P75 are asking rents from listings posted in April 2025. Changes compare against the nearest prior month with data.

Chinatown vs. ChicagoApril 2025

BedroomsChinatown MedianChicago Citywide MedianDifference
Studio$1,230$1,295−$65 (-5.0%)
Studio$1,240$1,295−$55 (-4.2%)
1BR$2,230$1,588+$643 (+40.5%)
1BR$2,415$1,588+$828 (+52.1%)
2BR$2,410$1,928+$483 (+25.0%)
2BR$2,885$1,928+$958 (+49.7%)
3BR$1,400$2,473−$1,072 (-43.4%)
3BR$2,295$2,473−$177 (-7.2%)
4BR$6,000$3,075+$2,925 (+95.1%)
4BR$2,149$3,075−$926 (-30.1%)

Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2025.

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