Monthly Rent Report

Near West Side Rent Report — February 2025

Asking rents in ZIP 60612, Chicago, from 339 listings.

Median 1BR rent in Near West Side was $1,600 in February 2025, up 6.7% (+$100) from January 2025 and up 6.7% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,600. That puts Near West Side $55 above the Chicago citywide 1BR median of $1,545. The month's figures are based on 339 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. January 2025Vs. February 2024P25–P75 RangeListings
Studio$925−$1,273 (-57.9%)−$25 (-2.6%)$925 – $9252
Studio$2,270+$72 (+3.3%)+$1,320 (+138.9%)$925 – $2,3117
1BR$1,600+$100 (+6.7%)+$100 (+6.7%)$1,600 – $1,6001
1BR$2,150+$650 (+43.3%)+$650 (+43.3%)$1,797 – $2,85555
2BR$2,400+$251 (+11.7%)+$168 (+7.5%)$2,400 – $2,4001
2BR$2,200+$51 (+2.4%)−$32 (-1.5%)$1,793 – $2,498151
3BR$2,000−$445 (-18.2%)+$200 (+11.1%)$2,000 – $2,0001
3BR$2,300−$145 (-5.9%)+$500 (+27.8%)$1,950 – $2,50089
4BR$3,050+$450 (+17.3%)+$55 (+1.8%)$2,775 – $3,85018
4BR$3,050+$450 (+17.3%)+$55 (+1.8%)$3,000 – $3,83810

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

Near West Side vs. ChicagoFebruary 2025

BedroomsNear West Side MedianChicago Citywide MedianDifference
Studio$925$1,289−$364 (-28.2%)
Studio$2,270$1,289+$981 (+76.1%)
1BR$1,600$1,545+$55 (+3.6%)
1BR$2,150$1,545+$605 (+39.2%)
2BR$2,400$1,850+$550 (+29.7%)
2BR$2,200$1,850+$350 (+18.9%)
3BR$2,000$2,395−$395 (-16.5%)
3BR$2,300$2,395−$95 (-4.0%)
4BR$3,050$3,198−$148 (-4.6%)
4BR$3,050$3,198−$148 (-4.6%)

Citywide figure is the median of zip-level medians across 54 Chicago zip codes with listings in February 2025.

Advertisement