Monthly Rent Report
River North Rent Report — December 2024
Asking rents in ZIP 60654, Chicago, from 148 listings.
Median 1BR rent in River North was $2,713 in December 2024, down 9.3% (−$276) from November 2024 and down 18.0% year-over-year. The middle half of 1BR listings asked between $2,476 and $3,130. That puts River North $1,063 above the Chicago citywide 1BR median of $1,650. The month's figures are based on 148 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,025 | −$111 (-5.2%) | −$283 (-12.3%) | $1,850 – $2,110 | 21 |
| Studio | $2,402 | +$266 (+12.4%) | +$94 (+4.1%) | $2,197 – $2,567 | 6 |
| 1BR | $2,713 | −$276 (-9.3%) | −$593 (-18.0%) | $2,476 – $3,130 | 38 |
| 1BR | $2,630 | −$359 (-12.0%) | −$676 (-20.4%) | $2,377 – $3,202 | 9 |
| 2BR | $3,595 | −$390 (-9.8%) | +$20 (+0.5%) | $3,595 – $3,595 | 1 |
| 2BR | $3,750 | −$235 (-5.9%) | +$175 (+4.9%) | $3,487 – $4,017 | 60 |
| 3BR | $3,250 | −$2,141 (-39.7%) | −$1,250 (-27.8%) | $2,749 – $3,750 | 2 |
| 3BR | $5,272 | −$118 (-2.2%) | +$772 (+17.2%) | $5,221 – $5,709 | 9 |
| 4BR | $5,367 | −$4,128 (-43.5%) | −$1,235 (-18.7%) | $3,302 – $7,431 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
River North vs. Chicago — December 2024
| Bedrooms | River North Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,025 | $1,385 | +$640 (+46.2%) |
| Studio | $2,402 | $1,385 | +$1,017 (+73.4%) |
| 1BR | $2,713 | $1,650 | +$1,063 (+64.4%) |
| 1BR | $2,630 | $1,650 | +$980 (+59.4%) |
| 2BR | $3,595 | $1,953 | +$1,643 (+84.1%) |
| 2BR | $3,750 | $1,953 | +$1,798 (+92.1%) |
| 3BR | $3,250 | $2,395 | +$855 (+35.7%) |
| 3BR | $5,272 | $2,395 | +$2,877 (+120.1%) |
| 4BR | $5,367 | $2,850 | +$2,517 (+88.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2024.