Monthly Rent Report
Chinatown Rent Report — May 2025
Asking rents in ZIP 60616, Chicago, from 1,176 listings.
Median 1BR rent in Chinatown was $2,225 in May 2025, down 0.2% (−$5) from April 2025 and up 43.6% year-over-year. The middle half of 1BR listings asked between $2,203 and $2,263. That puts Chinatown $650 above the Chicago citywide 1BR median of $1,575. The month's figures are based on 1,176 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | +$560 (+45.2%) | +$501 (+38.6%) | $1,800 – $1,800 | 1 |
| 1BR | $2,225 | −$5 (-0.2%) | +$676 (+43.6%) | $2,203 – $2,263 | 3 |
| 1BR | $2,548 | +$318 (+14.2%) | +$999 (+64.5%) | $2,471 – $2,632 | 674 |
| 2BR | $3,292 | +$407 (+14.1%) | +$795 (+31.8%) | $3,257 – $3,418 | 432 |
| 2BR | $2,838 | −$47 (-1.6%) | +$340 (+13.6%) | $2,719 – $2,956 | 2 |
| 3BR | $3,600 | +$2,200 (+157.1%) | −$500 (-12.2%) | $3,600 – $3,600 | 1 |
| 3BR | $1,845 | +$445 (+31.8%) | −$2,255 (-55.0%) | $1,845 – $7,231 | 50 |
| 4BR | $9,366 | +$3,366 (+56.1%) | +$6,566 (+234.5%) | $9,366 – $9,366 | 10 |
| 4BR | $2,600 | −$3,400 (-56.7%) | −$200 (-7.1%) | $2,600 – $2,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
Chinatown vs. Chicago — May 2025
| Bedrooms | Chinatown Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $1,398 | +$403 (+28.8%) |
| 1BR | $2,225 | $1,575 | +$650 (+41.3%) |
| 1BR | $2,548 | $1,575 | +$973 (+61.7%) |
| 2BR | $3,292 | $1,900 | +$1,392 (+73.3%) |
| 2BR | $2,838 | $1,900 | +$938 (+49.3%) |
| 3BR | $3,600 | $2,200 | +$1,400 (+63.6%) |
| 3BR | $1,845 | $2,200 | −$355 (-16.1%) |
| 4BR | $9,366 | $2,948 | +$6,419 (+217.8%) |
| 4BR | $2,600 | $2,948 | −$347 (-11.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2025.