Monthly Rent Report
Near West Side Rent Report — January 2025
Asking rents in ZIP 60612, Chicago, from 491 listings.
Median 1BR rent in Near West Side was $1,500 in January 2025, down 24.1% (−$476) from December 2024 and down 14.9% year-over-year. The middle half of 1BR listings asked between $1,500 and $1,500. That puts Near West Side in line with the Chicago citywide 1BR median of $1,496. The month's figures are based on 491 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,198 | +$8 (+0.3%) | +$103 (+4.9%) | $1,986 – $2,214 | 26 |
| Studio | $2,198 | +$8 (+0.3%) | +$103 (+4.9%) | $1,986 – $2,214 | 26 |
| 1BR | $1,500 | −$476 (-24.1%) | −$262 (-14.9%) | $1,500 – $1,500 | 1 |
| 1BR | $2,594 | +$618 (+31.2%) | +$832 (+47.2%) | $2,032 – $2,877 | 75 |
| 2BR | $2,149 | +$149 (+7.4%) | +$474 (+28.3%) | $1,786 – $2,800 | 197 |
| 2BR | $1,860 | −$140 (-7.0%) | +$185 (+11.0%) | $1,860 – $1,860 | 2 |
| 3BR | $2,400 | +$627 (+35.4%) | −$800 (-25.0%) | $2,400 – $2,400 | 1 |
| 3BR | $2,445 | +$672 (+37.9%) | −$755 (-23.6%) | $2,000 – $2,800 | 132 |
| 4BR | $2,600 | +$50 (+2.0%) | −$400 (-13.3%) | $2,500 – $3,100 | 22 |
| 4BR | $3,950 | +$1,400 (+54.9%) | +$950 (+31.7%) | $3,950 – $3,950 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.
Near West Side vs. Chicago — January 2025
| Bedrooms | Near West Side Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,198 | $1,250 | +$948 (+75.8%) |
| Studio | $2,198 | $1,250 | +$948 (+75.8%) |
| 1BR | $1,500 | $1,496 | +$4 (+0.3%) |
| 1BR | $2,594 | $1,496 | +$1,098 (+73.4%) |
| 2BR | $2,149 | $1,800 | +$349 (+19.4%) |
| 2BR | $1,860 | $1,800 | +$60 (+3.3%) |
| 3BR | $2,400 | $2,400 | $0 (0.0%) |
| 3BR | $2,445 | $2,400 | +$45 (+1.9%) |
| 4BR | $2,600 | $2,838 | −$237 (-8.4%) |
| 4BR | $3,950 | $2,838 | +$1,113 (+39.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2025.