Monthly Rent Report
South Loop Rent Report — March 2025
Asking rents in ZIP 60601, Chicago, from 2,534 listings.
Median 1BR rent in South Loop was $2,665 in March 2025, down 30.8% (−$1,185) from February 2025 and up 33.3% year-over-year. The middle half of 1BR listings asked between $2,433 and $3,323. That puts South Loop $1,144 above the Chicago citywide 1BR median of $1,521. The month's figures are based on 2,534 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2025 | Vs. March 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,365 | +$370 (+18.5%) | +$165 (+7.5%) | $2,071 – $2,505 | 699 |
| Studio | $1,920 | −$75 (-3.8%) | −$280 (-12.7%) | $1,920 – $1,920 | 1 |
| 1BR | $2,665 | −$1,185 (-30.8%) | +$665 (+33.3%) | $2,433 – $3,323 | 3 |
| 1BR | $2,700 | −$1,150 (-29.9%) | +$700 (+35.0%) | $2,507 – $2,951 | 1,230 |
| 2BR | $3,962 | +$191 (+5.1%) | +$142 (+3.7%) | $3,638 – $4,489 | 515 |
| 2BR | $2,430 | −$1,341 (-35.6%) | −$1,390 (-36.4%) | $2,430 – $2,430 | 1 |
| 3BR | $9,500 | +$4,000 (+72.7%) | +$3,251 (+52.0%) | $9,500 – $9,500 | 1 |
| 3BR | $5,673 | +$173 (+3.1%) | −$576 (-9.2%) | $4,926 – $9,908 | 82 |
| 4BR | $11,750 | — | +$350 (+3.1%) | $11,750 – $11,750 | 1 |
| 4BR | $11,750 | — | +$350 (+3.1%) | $11,750 – $11,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2025. Changes compare against the nearest prior month with data.
South Loop vs. Chicago — March 2025
| Bedrooms | South Loop Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,365 | $1,275 | +$1,090 (+85.5%) |
| Studio | $1,920 | $1,275 | +$645 (+50.6%) |
| 1BR | $2,665 | $1,521 | +$1,144 (+75.2%) |
| 1BR | $2,700 | $1,521 | +$1,179 (+77.5%) |
| 2BR | $3,962 | $1,850 | +$2,112 (+114.2%) |
| 2BR | $2,430 | $1,850 | +$580 (+31.4%) |
| 3BR | $9,500 | $2,475 | +$7,025 (+283.8%) |
| 3BR | $5,673 | $2,475 | +$3,198 (+129.2%) |
| 4BR | $11,750 | $2,923 | +$8,828 (+302.1%) |
| 4BR | $11,750 | $2,923 | +$8,828 (+302.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in March 2025.