Monthly Rent Report
West Loop Rent Report — May 2025
Asking rents in ZIP 60661, Chicago, from 550 listings.
Median 1BR rent in West Loop was $2,305 in May 2025, down 14.7% (−$397) from April 2025 and down 12.2% year-over-year. The middle half of 1BR listings asked between $2,305 and $2,305. That puts West Loop $730 above the Chicago citywide 1BR median of $1,575. The month's figures are based on 550 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,387 | +$139 (+6.2%) | +$187 (+8.5%) | $2,159 – $2,663 | 58 |
| Studio | $2,072 | −$176 (-7.8%) | −$128 (-5.8%) | $1,695 – $2,314 | 270 |
| 1BR | $2,305 | −$397 (-14.7%) | −$321 (-12.2%) | $2,305 – $2,305 | 1 |
| 1BR | $2,761 | +$59 (+2.2%) | +$135 (+5.1%) | $2,676 – $2,849 | 160 |
| 2BR | $3,950 | −$85 (-2.1%) | +$50 (+1.3%) | $3,950 – $3,950 | 1 |
| 2BR | $4,035 | $0 (0.0%) | +$135 (+3.5%) | $4,014 – $4,264 | 54 |
| 3BR | $6,303 | +$189 (+3.1%) | +$1,303 (+26.1%) | $6,271 – $6,334 | 2 |
| 3BR | $4,500 | −$1,614 (-26.4%) | −$500 (-10.0%) | $3,975 – $4,500 | 4 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
West Loop vs. Chicago — May 2025
| Bedrooms | West Loop Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,387 | $1,398 | +$989 (+70.8%) |
| Studio | $2,072 | $1,398 | +$675 (+48.3%) |
| 1BR | $2,305 | $1,575 | +$730 (+46.3%) |
| 1BR | $2,761 | $1,575 | +$1,186 (+75.3%) |
| 2BR | $3,950 | $1,900 | +$2,050 (+107.9%) |
| 2BR | $4,035 | $1,900 | +$2,135 (+112.4%) |
| 3BR | $6,303 | $2,200 | +$4,103 (+186.5%) |
| 3BR | $4,500 | $2,200 | +$2,300 (+104.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in May 2025.