Monthly Rent Report
Near West Side Rent Report — December 2024
Asking rents in ZIP 60612, Chicago, from 150 listings.
Median 1BR rent in Near West Side was $2,053 in December 2024, up 36.9% (+$553) from November 2024 and up 26.3% year-over-year. The middle half of 1BR listings asked between $2,053 and $2,053. That puts Near West Side $403 above the Chicago citywide 1BR median of $1,650. The month's figures are based on 150 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,191 | +$211 (+10.6%) | +$686 (+45.5%) | $2,123 – $2,293 | 54 |
| 1BR | $2,053 | +$553 (+36.9%) | +$428 (+26.3%) | $2,053 – $2,053 | 2 |
| 1BR | $1,977 | +$477 (+31.8%) | +$352 (+21.6%) | $1,369 – $2,053 | 8 |
| 2BR | $2,000 | −$447 (-18.3%) | +$425 (+27.0%) | $1,900 – $2,500 | 21 |
| 2BR | $1,860 | −$587 (-24.0%) | +$285 (+18.1%) | $1,860 – $1,860 | 1 |
| 3BR | $1,950 | +$250 (+14.7%) | −$645 (-24.9%) | $1,793 – $3,250 | 39 |
| 3BR | $1,773 | +$73 (+4.3%) | −$822 (-31.7%) | $1,730 – $1,817 | 2 |
| 4BR | $2,550 | −$950 (-27.1%) | +$100 (+4.1%) | $2,250 – $2,550 | 17 |
| 4BR | $2,550 | −$950 (-27.1%) | +$100 (+4.1%) | $2,550 – $2,550 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Near West Side vs. Chicago — December 2024
| Bedrooms | Near West Side Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,191 | $1,385 | +$806 (+58.2%) |
| 1BR | $2,053 | $1,650 | +$403 (+24.4%) |
| 1BR | $1,977 | $1,650 | +$327 (+19.8%) |
| 2BR | $2,000 | $1,953 | +$48 (+2.4%) |
| 2BR | $1,860 | $1,953 | −$92 (-4.7%) |
| 3BR | $1,950 | $2,395 | −$445 (-18.6%) |
| 3BR | $1,773 | $2,395 | −$622 (-26.0%) |
| 4BR | $2,550 | $2,850 | −$300 (-10.5%) |
| 4BR | $2,550 | $2,850 | −$300 (-10.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2024.