Monthly Rent Report
South Loop Rent Report — February 2025
Asking rents in ZIP 60601, Chicago, from 919 listings.
Median 1BR rent in South Loop was $2,558 in February 2025, up 0.3% (+$8) from January 2025 and up 34.3% year-over-year. The middle half of 1BR listings asked between $2,398 and $2,898. That puts South Loop $1,013 above the Chicago citywide 1BR median of $1,545. The month's figures are based on 919 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2025 | Vs. February 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,228 | −$2 (-0.1%) | +$489 (+28.1%) | $2,066 – $2,365 | 229 |
| Studio | $1,995 | −$235 (-10.6%) | +$256 (+14.7%) | $1,888 – $2,050 | 7 |
| 1BR | $2,558 | +$8 (+0.3%) | +$653 (+34.3%) | $2,398 – $2,898 | 438 |
| 1BR | $3,850 | +$1,300 (+51.0%) | +$1,945 (+102.1%) | $3,850 – $3,850 | 1 |
| 2BR | $3,300 | −$49 (-1.5%) | +$361 (+12.3%) | $3,300 – $3,300 | 1 |
| 2BR | $3,771 | +$422 (+12.6%) | +$832 (+28.3%) | $3,552 – $4,235 | 210 |
| 3BR | $3,998 | −$1,127 (-22.0%) | −$2,202 (-35.5%) | $3,846 – $4,149 | 2 |
| 3BR | $5,500 | +$375 (+7.3%) | −$700 (-11.3%) | $4,984 – $9,509 | 30 |
Median, P25, and P75 are asking rents from listings posted in February 2025. Changes compare against the nearest prior month with data.
South Loop vs. Chicago — February 2025
| Bedrooms | South Loop Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,228 | $1,289 | +$939 (+72.9%) |
| Studio | $1,995 | $1,289 | +$706 (+54.8%) |
| 1BR | $2,558 | $1,545 | +$1,013 (+65.6%) |
| 1BR | $3,850 | $1,545 | +$2,305 (+149.2%) |
| 2BR | $3,300 | $1,850 | +$1,450 (+78.4%) |
| 2BR | $3,771 | $1,850 | +$1,921 (+103.8%) |
| 3BR | $3,998 | $2,395 | +$1,603 (+66.9%) |
| 3BR | $5,500 | $2,395 | +$3,105 (+129.6%) |
Citywide figure is the median of zip-level medians across 54 Chicago zip codes with listings in February 2025.