Monthly Rent Report
River North Rent Report — May 2025
Asking rents in ZIP 60654, Chicago, from 376 listings.
Median 1BR rent in River North was $3,137 in May 2025, down 2.3% (−$75) from April 2025 and up 2.8% year-over-year. The middle half of 1BR listings asked between $2,450 and $3,546. That puts River North $1,562 above the Chicago citywide 1BR median of $1,575. The month's figures are based on 376 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,877 | +$82 (+2.9%) | +$553 (+23.8%) | $2,771 – $2,907 | 4 |
| Studio | $2,374 | −$421 (-15.1%) | +$50 (+2.2%) | $2,356 – $2,389 | 3 |
| 1BR | $3,137 | −$75 (-2.3%) | +$85 (+2.8%) | $2,450 – $3,546 | 265 |
| 1BR | $3,134 | −$78 (-2.4%) | +$82 (+2.7%) | $2,879 – $3,550 | 4 |
| 2BR | $4,690 | +$1,165 (+33.0%) | +$701 (+17.6%) | $4,466 – $4,700 | 74 |
| 2BR | $4,372 | +$847 (+24.0%) | +$383 (+9.6%) | $4,211 – $4,533 | 2 |
| 3BR | $3,109 | −$2,186 (-41.3%) | −$491 (-13.7%) | $2,710 – $3,507 | 2 |
| 3BR | $7,000 | +$1,705 (+32.2%) | +$3,400 (+94.4%) | $7,000 – $7,000 | 18 |
| 4BR | $4,995 | +$786 (+18.7%) | $0 (0.0%) | $4,995 – $4,995 | 3 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
River North vs. Chicago — May 2025
| Bedrooms | River North Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,877 | $1,398 | +$1,480 (+105.9%) |
| Studio | $2,374 | $1,398 | +$977 (+69.9%) |
| 1BR | $3,137 | $1,575 | +$1,562 (+99.2%) |
| 1BR | $3,134 | $1,575 | +$1,559 (+99.0%) |
| 2BR | $4,690 | $1,900 | +$2,790 (+146.8%) |
| 2BR | $4,372 | $1,900 | +$2,472 (+130.1%) |
| 3BR | $3,109 | $2,200 | +$909 (+41.3%) |
| 3BR | $7,000 | $2,200 | +$4,800 (+218.2%) |
| 4BR | $4,995 | $2,948 | +$2,048 (+69.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2025.