Monthly Rent Report
West Loop Rent Report — January 2025
Asking rents in ZIP 60606, Chicago, from 1,000 listings.
Median 1BR rent in West Loop was $2,671 in January 2025, down 12.6% (−$386) from December 2024 and up 5.1% year-over-year. The middle half of 1BR listings asked between $2,520 and $3,058. That puts West Loop $1,175 above the Chicago citywide 1BR median of $1,496. The month's figures are based on 1,000 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,210 | −$99 (-4.3%) | +$162 (+7.9%) | $2,020 – $2,371 | 219 |
| Studio | $2,210 | −$99 (-4.3%) | +$162 (+7.9%) | $2,018 – $2,372 | 229 |
| 1BR | $2,671 | −$386 (-12.6%) | +$129 (+5.1%) | $2,520 – $3,058 | 374 |
| 1BR | $2,340 | −$717 (-23.5%) | −$202 (-7.9%) | $2,340 – $2,340 | 1 |
| 2BR | $4,245 | −$3,140 (-42.5%) | +$45 (+1.1%) | $4,245 – $4,245 | 1 |
| 2BR | $3,483 | −$3,902 (-52.8%) | −$717 (-17.1%) | $3,444 – $5,041 | 140 |
| 3BR | $5,264 | −$221 (-4.0%) | −$878 (-14.3%) | $5,107 – $6,674 | 18 |
| 3BR | $5,264 | −$221 (-4.0%) | −$878 (-14.3%) | $5,107 – $6,674 | 18 |
Median, P25, and P75 are asking rents from listings posted in January 2025. Changes compare against the nearest prior month with data.
West Loop vs. Chicago — January 2025
| Bedrooms | West Loop Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,210 | $1,250 | +$960 (+76.8%) |
| Studio | $2,210 | $1,250 | +$960 (+76.8%) |
| 1BR | $2,671 | $1,496 | +$1,175 (+78.5%) |
| 1BR | $2,340 | $1,496 | +$844 (+56.4%) |
| 2BR | $4,245 | $1,800 | +$2,445 (+135.8%) |
| 2BR | $3,483 | $1,800 | +$1,683 (+93.5%) |
| 3BR | $5,264 | $2,400 | +$2,864 (+119.3%) |
| 3BR | $5,264 | $2,400 | +$2,864 (+119.3%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2025.