Monthly Rent Report
West Loop Rent Report — January 2025
Asking rents in ZIP 60661, Chicago, from 1,985 listings.
Median 1BR rent in West Loop was $2,218 in January 2025, down 14.7% (−$382) from December 2024 and down 9.8% year-over-year. The middle half of 1BR listings asked between $2,218 and $2,218. That puts West Loop $722 above the Chicago citywide 1BR median of $1,496. The month's figures are based on 1,985 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2024 | Vs. January 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,922 | +$95 (+5.2%) | +$17 (+0.9%) | $1,650 – $2,249 | 290 |
| Studio | $1,925 | +$98 (+5.4%) | +$20 (+1.0%) | $1,650 – $2,252 | 287 |
| 1BR | $2,218 | −$382 (-14.7%) | −$242 (-9.8%) | $2,218 – $2,218 | 1 |
| 1BR | $2,550 | −$50 (-1.9%) | +$90 (+3.7%) | $2,040 – $2,793 | 763 |
| 2BR | $3,789 | +$589 (+18.4%) | +$215 (+6.0%) | $3,377 – $4,325 | 275 |
| 2BR | $3,789 | +$589 (+18.4%) | +$215 (+6.0%) | $3,383 – $4,312 | 278 |
| 3BR | $5,224 | −$231 (-4.2%) | −$2,010 (-27.8%) | $5,224 – $6,425 | 45 |
| 3BR | $5,224 | −$231 (-4.2%) | −$2,010 (-27.8%) | $5,054 – $6,425 | 46 |
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 | $1,922 | $1,250 | +$672 (+53.7%) |
| Studio | $1,925 | $1,250 | +$675 (+54.0%) |
| 1BR | $2,218 | $1,496 | +$722 (+48.2%) |
| 1BR | $2,550 | $1,496 | +$1,054 (+70.4%) |
| 2BR | $3,789 | $1,800 | +$1,989 (+110.5%) |
| 2BR | $3,789 | $1,800 | +$1,989 (+110.5%) |
| 3BR | $5,224 | $2,400 | +$2,824 (+117.7%) |
| 3BR | $5,224 | $2,400 | +$2,824 (+117.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2025.