Monthly Rent Report
Loop Rent Report — May 2025
Asking rents in ZIP 60603, Chicago, from 108 listings.
Median 1BR rent in Loop was $2,532 in May 2025, up 2.5% (+$62) from April 2025 and up 21.1% year-over-year. The middle half of 1BR listings asked between $2,395 and $2,537. That puts Loop $957 above the Chicago citywide 1BR median of $1,575. The month's figures are based on 108 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,229 | +$143 (+6.9%) | +$274 (+14.0%) | $2,083 – $2,288 | 60 |
| 1BR | $2,532 | +$62 (+2.5%) | +$442 (+21.1%) | $2,395 – $2,537 | 33 |
| 2BR | $3,210 | +$48 (+1.5%) | +$10 (+0.3%) | $3,140 – $3,210 | 14 |
| 3BR | $1,500 | — | — | $1,500 – $1,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
Loop vs. Chicago — May 2025
| Bedrooms | Loop Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,229 | $1,398 | +$832 (+59.5%) |
| 1BR | $2,532 | $1,575 | +$957 (+60.8%) |
| 2BR | $3,210 | $1,900 | +$1,310 (+68.9%) |
| 3BR | $1,500 | $2,200 | −$700 (-31.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2025.