Monthly Rent Report
Near West Side Rent Report — May 2025
Asking rents in ZIP 60612, Chicago, from 83 listings.
Median 1BR rent in Near West Side was $1,545 in May 2025, down 38.3% (−$958) from April 2025 and down 20.7% year-over-year. The middle half of 1BR listings asked between $1,520 and $1,570. That puts Near West Side $30 below the Chicago citywide 1BR median of $1,575. The month's figures are based on 83 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,326 | −$154 (-6.2%) | +$1,376 (+144.8%) | $2,257 – $2,409 | 28 |
| 1BR | $1,545 | −$958 (-38.3%) | −$402 (-20.7%) | $1,520 – $1,570 | 2 |
| 1BR | $3,000 | +$497 (+19.9%) | +$1,053 (+54.0%) | $2,800 – $3,000 | 4 |
| 2BR | $2,115 | −$150 (-6.6%) | −$85 (-3.9%) | $1,848 – $2,383 | 2 |
| 2BR | $2,265 | $0 (0.0%) | +$65 (+3.0%) | $1,786 – $2,274 | 32 |
| 3BR | $1,999 | −$1,101 (-35.5%) | −$501 (-20.0%) | $1,999 – $1,999 | 1 |
| 3BR | $2,350 | −$750 (-24.2%) | −$150 (-6.0%) | $2,100 – $2,400 | 9 |
| 4BR | $3,100 | +$505 (+19.5%) | +$300 (+10.7%) | $3,100 – $3,100 | 1 |
| 4BR | $3,100 | +$505 (+19.5%) | +$300 (+10.7%) | $3,100 – $3,100 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
Near West Side vs. Chicago — May 2025
| Bedrooms | Near West Side Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,326 | $1,398 | +$929 (+66.4%) |
| 1BR | $1,545 | $1,575 | −$30 (-1.9%) |
| 1BR | $3,000 | $1,575 | +$1,425 (+90.5%) |
| 2BR | $2,115 | $1,900 | +$215 (+11.3%) |
| 2BR | $2,265 | $1,900 | +$365 (+19.2%) |
| 3BR | $1,999 | $2,200 | −$201 (-9.1%) |
| 3BR | $2,350 | $2,200 | +$150 (+6.8%) |
| 4BR | $3,100 | $2,948 | +$153 (+5.2%) |
| 4BR | $3,100 | $2,948 | +$153 (+5.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2025.