Monthly Rent Report

Loop Rent Report — March 2025

Asking rents in ZIP 60603, Chicago, from 340 listings.

Median 1BR rent in Loop was $2,462 in March 2025, up 10.7% (+$237) from February 2025 and up 12.2% year-over-year. The middle half of 1BR listings asked between $2,385 and $2,537. That puts Loop $941 above the Chicago citywide 1BR median of $1,521. The month's figures are based on 340 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. February 2025Vs. March 2024P25–P75 RangeListings
Studio$2,086+$191 (+10.1%)+$306 (+17.2%)$1,995 – $2,157185
Studio$1,995+$100 (+5.3%)+$215 (+12.1%)$1,995 – $1,9951
1BR$2,462+$237 (+10.7%)+$267 (+12.2%)$2,385 – $2,537113
1BR$2,250+$25 (+1.1%)+$55 (+2.5%)$2,250 – $2,2501
2BR$3,075−$45 (-1.4%)−$925 (-23.1%)$2,958 – $3,18317
2BR$3,108−$12 (-0.4%)−$892 (-22.3%)$2,958 – $3,25521
3BR$4,930$4,930 – $4,9301
3BR$4,930$4,930 – $4,9301

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

Loop vs. ChicagoMarch 2025

BedroomsLoop MedianChicago Citywide MedianDifference
Studio$2,086$1,275+$811 (+63.6%)
Studio$1,995$1,275+$720 (+56.5%)
1BR$2,462$1,521+$941 (+61.8%)
1BR$2,250$1,521+$729 (+47.9%)
2BR$3,075$1,850+$1,225 (+66.2%)
2BR$3,108$1,850+$1,258 (+68.0%)
3BR$4,930$2,475+$2,455 (+99.2%)
3BR$4,930$2,475+$2,455 (+99.2%)

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

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