Monthly Rent Report
South Loop Rent Report — January 2025
Asking rents in ZIP 60601, Chicago, from 1,789 listings.
Median 1BR rent in South Loop was $2,550 in January 2025, down 15.0% (−$450) from December 2024 and up 1.1% year-over-year. The middle half of 1BR listings asked between $2,440 and $3,165. That puts South Loop $1,054 above the Chicago citywide 1BR median of $1,496. The month's figures are based on 1,789 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,231 | +$116 (+5.5%) | +$186 (+9.1%) | $1,900 – $2,370 | 364 |
| Studio | $2,231 | +$116 (+5.5%) | +$186 (+9.1%) | $1,900 – $2,370 | 364 |
| 1BR | $2,550 | −$450 (-15.0%) | +$28 (+1.1%) | $2,440 – $3,165 | 3 |
| 1BR | $2,550 | −$450 (-15.0%) | +$28 (+1.1%) | $2,364 – $2,806 | 662 |
| 2BR | $3,349 | +$40 (+1.2%) | +$256 (+8.3%) | $3,349 – $3,349 | 1 |
| 2BR | $3,696 | +$387 (+11.7%) | +$603 (+19.5%) | $3,532 – $3,920 | 307 |
| 3BR | $5,125 | +$130 (+2.6%) | −$1,515 (-22.8%) | $4,868 – $9,600 | 43 |
| 3BR | $5,125 | +$130 (+2.6%) | −$1,515 (-22.8%) | $4,868 – $9,600 | 43 |
Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.
South Loop vs. Chicago — January 2025
| Bedrooms | South Loop Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,231 | $1,250 | +$981 (+78.4%) |
| Studio | $2,231 | $1,250 | +$981 (+78.4%) |
| 1BR | $2,550 | $1,496 | +$1,054 (+70.4%) |
| 1BR | $2,550 | $1,496 | +$1,054 (+70.4%) |
| 2BR | $3,349 | $1,800 | +$1,549 (+86.1%) |
| 2BR | $3,696 | $1,800 | +$1,896 (+105.3%) |
| 3BR | $5,125 | $2,400 | +$2,725 (+113.5%) |
| 3BR | $5,125 | $2,400 | +$2,725 (+113.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2025.