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1320 S Michigan Ave1320 S Michigan Ave, Chicago, IL 60605, USA
Pet friendly
| Monthly rent | $2,893–$4,364 The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost. |
|---|---|
| Beds | 1–2 |
| Baths | 1–2 |
| Sqft | 1,200 |
1320 S Michigan Ave1320 S Michigan Ave, Chicago, IL 60605, USA
Pet friendly
| Monthly rent | $2,893–$4,364 The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost. |
|---|---|
| Beds | 1–2 |
| Baths | 1–2 |
| Sqft | 1,200 |
Updated 1 Day Ago
2 Bed 2 bath unit
Address details
| Units | 6 |
|---|---|
| Units available | 2 |
| Neighborhood | |
| City | |
| Zip code | 60605 |
Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Middle school nearby
- Car charging
Great for
Wellness
Social life
Pet owners
Highlights
Pet Friendly
Units
1320 S Michigan Ave, Chicago, IL
1320 S Michigan Ave Chicago, IL
New Listing
1806
1 Bed
1 Bath
$2,893
In-Unit Laundry • Fitness Center • Balcony • EV Charging • Hardwood Floor • Microwave
New Listing
3412
2 Beds
2 Baths
$4,364
In-Unit Laundry • Fitness Center • Balcony • EV Charging • Hardwood Floor • Microwave
Amenities for 1320 S Michigan Ave
Some units at this address have these amenities. View unit details for more information.
Building
- Dogs Ok
- Cats Ok
- Fitness Center
- EV Charging
- Swimming Pool
- Package Service
- Garage Parking
- On-Site Laundry
- Outdoor Space
- Residents Lounge
Unit Amenities
- In-Unit Laundry
- Fitness Center
- Balcony
- EV Charging
- Hardwood Floor
- Microwave
- Dishwasher
- Air Conditioning
- High Ceilings
- On-Site Laundry
Policies at 1320 S Michigan Ave
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Garage Parking
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 1320 S Michigan Ave
Interested in leasing 1320 S Michigan Ave, Chicago, IL 60605, USA? Currently, 1320 S Michigan Ave, Chicago, IL 60605, USA is available to rent or lease. It is a 2-bedroom apartment with 2 bathrooms. Below, you can compare the rent price at 1320 S Michigan Ave, Chicago, IL 60605, USA vs overall rent prices in South Loop, IL. We have compiled nearby businesses and things to do close to 1320 S Michigan Ave, Chicago, IL 60605, USA.
Address details
| Units | 6 |
|---|---|
| Units available | 2 |
| Neighborhood | |
| City | |
| Zip code | 60605 |
1320 S Michigan Ave #3412 is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1320 S Michigan Ave, Chicago, IL 60605, USA compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 77 sqft larger than other listings nearby
- Middle school nearby
- There is a middle school 0.6 miles away
- Car charging
- Dedicated charging spot
- Images available
- There are at least 10 photos of this address
- In-house dry cleaning
- Laundry services available
- Outdoor space
- One or more rentals here have easy access to the outdoors
- Package service
- More secure storage for delivery
Considerations
- Greater distance from high schools
- The nearest high school is farther than 0.6 miles away
- Distance from grocery stores
- The nearest grocery store is 4.8 miles away
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Chicago
1-bedroom apartments here are priced 21% higher than 1-bedrooms in South Loop.
If you decide to upgrade your space, you can expect 2-bedrooms at 1320 S Michigan Ave #3412 to be 33% more than the average for similarly sized apartments in South Loop.
Median rents as of Oct 3 2026.
South Loop
Chicago
| Month | Median Rent |
|---|---|
| October 2024 | $1,605 |
| November 2024 | $1,568 |
| December 2024 | $1,501 |
| January 2025 | $1,483 |
| February 2025 | $1,495 |
| March 2025 | $1,520 |
| April 2025 | $1,512 |
| May 2025 | $1,502 |
| June 2025 | $1,531 |
| July 2025 | $1,580 |
| August 2025 | $1,516 |
| September 2025 | $1,473 |
| October 2025 | $1,495 |
| November 2025 | $1,520 |
| December 2025 | $1,495 |
| January 2026 | $1,496 |
| February 2026 | $1,516 |
| March 2026 | $1,657 |
| April 2026 | $1,637 |
| May 2026 | $1,684 |
| June 2026 | $1,691 |
| July 2026 | $1,658 |
| August 2026 | $1,650 |
| September 2026 | $1,650 |
| October 2026 | $1,650 |
| Month | Median Rent |
|---|---|
| October 2024 | $2,060 |
| November 2024 | $2,017 |
| December 2024 | $1,937 |
| January 2025 | $1,892 |
| February 2025 | $1,930 |
| March 2025 | $1,935 |
| April 2025 | $1,951 |
| May 2025 | $2,032 |
| June 2025 | $2,075 |
| July 2025 | $2,136 |
| August 2025 | $2,086 |
| September 2025 | $2,092 |
| October 2025 | $2,053 |
| November 2025 | $1,929 |
| December 2025 | $2,027 |
| January 2026 | $2,070 |
| February 2026 | $2,105 |
| March 2026 | $2,094 |
| April 2026 | $2,128 |
| May 2026 | $2,131 |
| June 2026 | $2,145 |
| July 2026 | $2,164 |
| August 2026 | $2,148 |
| September 2026 | $2,133 |
| October 2026 | $2,094 |
Affordability calculator
Can I afford to live at 1320 S Michigan Ave?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$115,720/yr
With your selected rent-to-income ratio, you'd ideally want to make $115,720 annually to afford this 1-bedroom monthly rent price of $2,893.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 3 years ago | $2,425 | 1 bed | 1 bath | ||
| 3 years ago | $5,665 | 3 bed | 3 bath | ||
| 4 years ago | $2,536 | 1 bed | 1 bath | ||
| 5 years ago | $2,153 | Studio | 1 bath |
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Neighborhood
South Loop | Chicago, IL
Getting around Chicago near 1320 S Michigan Ave
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
4/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 1320 S Michigan Ave, Chicago
Groceries
10/10
Exceptional variety of groceries within a few minutes' walk
Shopping
9/10
Exceptional variety of shops within a few minutes’ walk
Cafes
10/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
10/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
10/10
Exceptional variety of bars right within a few minutes’ walk
Explore the area around 1320 S Michigan Ave
Sky Grocer
1259 S Michigan Ave
Alfa Foods
1300 S Wabash Ave
Jewel-Osco
1224 S Wabash Ave
Trader Joe's
1147 S Wabash Ave
Lakeview Market Inc
1118 S Michigan Ave
A'neie's Accents & Accessories
1237 S Michigan Ave
Advance Uniform Inc
33 E 13th St
The Dapper Club
1132 S Wabash Ave
H&M
150 W Roosevelt Rd
Target
1154 S Clark St
Overflow Coffee Bar
1312 S Wabash Ave
Dunkin'
1231 S Wabash Ave
Overflow Coffee
1449 S Michigan Ave
Dunkin'
22 E Roosevelt Rd
Stan's Donuts
26 E Roosevelt Rd
AO Hawaiian Hideout
1315 S Wabash Ave
Victory Tap
1416 S Michigan Ave
Weather Mark Tavern
1503 S Michigan Ave
M Lounge
1520 S Wabash Ave
16th Street Bar
75 E 16th St
Sweet Bean
1152 S Wabash Ave
Molly's Cupcake
1150 S Wabash Ave
Tea Pot Brew Bakery
1802 S Wabash Ave
Mr Poppa Gourmet Popcorn
800 S Wells St
GNC
1228 S Canal St
Daniel Webster Park
Park
Garden
Coliseum Park
Garden
Giordano's
1340 S Michigan Ave
South Loop Pizza
1340 S Michigan Ave
Nepal House
1301 S Michigan Ave
Decadent Chicago
1355 S Michigan Ave
Jimmy John's
1250 S Michigan Ave
Michigan / 14th Street
Roosevelt, Cottage Grove, Bronzeville / Union Station, King Drive
Michigan / 13th Street
King Drive, Bronzeville / Union Station, Cottage Grove
Michigan / 13th Street
Roosevelt, Cottage Grove, King Drive, Bronzeville / Union Station
Michigan / 14th Street
Cottage Grove, Bronzeville / Union Station, King Drive
Indiana / 13th Street
Roosevelt
Museum Campus / 11th St.
South Shore Line, South Shore Line
Museum Campus/11th St.
Metra Electric
18th St.
Metra Electric
Van Buren St.
South Shore Line, South Shore Line, Metra Electric
LaSalle Street
Rock Island
Roosevelt
Green Line, Orange Line, Orange Line, Green Line
Roosevelt
Red Line, Red Line
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Red Line, Red Line
Cermak-McCormick Place
Green Line, Green Line
Lasalle
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