Monthly Rent Report
Loop Rent Report — January 2025
Asking rents in ZIP 60603, Chicago, from 157 listings.
Median 1BR rent in Loop was $1,889 in January 2025, down 49.0% (−$1,812) from December 2024 and down 13.7% year-over-year. The middle half of 1BR listings asked between $1,889 and $1,889. That puts Loop $393 above the Chicago citywide 1BR median of $1,496. The month's figures are based on 157 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,010 | +$90 (+4.7%) | +$176 (+9.6%) | $1,995 – $2,690 | 45 |
| Studio | $2,010 | +$90 (+4.7%) | +$176 (+9.6%) | $1,995 – $2,690 | 45 |
| 1BR | $1,889 | −$1,812 (-49.0%) | −$301 (-13.7%) | $1,889 – $1,889 | 1 |
| 1BR | $2,350 | −$1,351 (-36.5%) | +$160 (+7.3%) | $2,115 – $2,379 | 33 |
| 2BR | $1,200 | −$925 (-43.5%) | −$1,992 (-62.4%) | $1,200 – $1,200 | 2 |
| 2BR | $3,075 | +$950 (+44.7%) | −$117 (-3.7%) | $3,020 – $3,595 | 29 |
| 3BR | $3,980 | −$8,020 (-66.8%) | — | $3,980 – $3,980 | 1 |
| 3BR | $3,980 | −$8,020 (-66.8%) | — | $3,980 – $3,980 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.
Loop vs. Chicago — January 2025
| Bedrooms | Loop Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,010 | $1,250 | +$760 (+60.8%) |
| Studio | $2,010 | $1,250 | +$760 (+60.8%) |
| 1BR | $1,889 | $1,496 | +$393 (+26.2%) |
| 1BR | $2,350 | $1,496 | +$854 (+57.1%) |
| 2BR | $1,200 | $1,800 | −$600 (-33.3%) |
| 2BR | $3,075 | $1,800 | +$1,275 (+70.8%) |
| 3BR | $3,980 | $2,400 | +$1,580 (+65.8%) |
| 3BR | $3,980 | $2,400 | +$1,580 (+65.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2025.