5+ Days Ago
Highlights
Pet Friendly
Location
1331 S Michigan Ave, Chicago, IL 60605, USA|South Loop
Tour 1331 S Michigan Ave
Contact
Molly Fortune
TurboTenant
Nearby rentals
Renter hub
Property management
Apartments for rent ChicagoApartments for rent Near North SideApartments for rent LakeviewApartments for rent Near West SideApartments for rent LoopApartments for rent UptownApartments for rent Rogers ParkApartments for rent EdgewaterApartments for rent South LoopApartments for rent Lincoln SquareApartments for rent West TownApartments for rent Logan SquareApartments for rent Lincoln ParkApartments for rent EvanstonApartments for rent Hyde ParkApartments Near Me
Houses for rent ChicagoHouses for rent Near West SideHouses for rent Near North SideHouses for rent LakeviewHouses for rent Rogers ParkHouses for rent Lincoln ParkHouses for rent EdgewaterHouses for rent West RidgeHouses for rent DeerfieldHouses for rent UptownHouses for rent Logan SquareHouses for rent WoodlawnHouses for rent DouglasHouses for rent EvanstonHouses for rent KenwoodHouses for rent near me
Property Overview
Situated in a prime location, this property offers easy access to city amenities and transportation options. Noteworthy features include the added convenience of parking, enhancing the overall appeal. Ideal for those looking for a vibrant urban lifestyle, it presents opportunities for both living and investment.
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
Less expensive- Fireplace
- Images available
Great for
Pet owners
Wellness
Amenities for 1331 S Michigan Ave, South Loop
Features
| Air Conditioning | Dryer |
| Fireplace | Freezer |
| Hardwood Floor |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Range/Oven | Refrigerator |
Tech
| Alarm System | Wired For Internet |
Community
| Cats OK | Controlled Building |
| Dogs OK | Fitness Center |
| Security Cameras | Wall |
Grounds
| Garage Parking | Hot Tub/Spa |
| Swimming Pool |
Neighborhood
| Near Parks |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
Advertisement
About 1331 S Michigan Ave
Property Id: 1644065 *Price is net effective of current promotion* To Apply: $50 application fee and $300 administration fee for background and credit checks. To qualify all applicants must have: -Ability to provide proof of income with past 2 paystubs or 3 months of bank statements that are (minimum&total)3x amount of market rent. -Minimum credit score of 650 with no delinquencies (Co-signers are allowed for assistance in approval). For me to better assist you, please have the answers to the following questions: When is your move date?(is it flexible, if so how far in either direction) Any pets? Need parking? Budget(just rent)? What neighborhoods are you primarily interested in? When are you available for a showing? My service is FREE to you! If this option does not work for you, I would be happy to find one that does. For fastest response, please call or text Molly at 312-805-6567!:)
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 1331 South Michigan Avenue, Chicago, IL 60605, USA compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Fireplace
- Upgraded in-unit features available
- Images available
- There are at least 10 photos of this address
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Neighborhood | South Loop |
|---|---|
| Zip code | 60605 |
| Type | Condo for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in South Loop
1-bedroom apartments at 1331 S Michigan Ave cost about 9% less than the average rent price for 1-bedroom apartments in Chicago.
Median rents as of Mar 14 2026.
South Loop
Chicago
| Month | Median Rent |
|---|---|
| March 2024 | $2,350 |
| April 2024 | $2,180 |
| May 2024 | $2,248 |
| June 2024 | $2,337 |
| July 2024 | $2,354 |
| August 2024 | $2,210 |
| September 2024 | $2,235 |
| October 2024 | $2,200 |
| November 2024 | $2,118 |
| December 2024 | $1,961 |
| January 2025 | $1,932 |
| February 2025 | $1,991 |
| March 2025 | $2,036 |
| April 2025 | $2,050 |
| May 2025 | $2,040 |
| June 2025 | $2,012 |
| July 2025 | $2,172 |
| August 2025 | $2,064 |
| September 2025 | $1,986 |
| October 2025 | $1,940 |
| November 2025 | $1,952 |
| December 2025 | $1,950 |
| January 2026 | $1,997 |
| February 2026 | $2,041 |
| March 2026 | $2,225 |
| Month | Median Rent |
|---|---|
| March 2024 | $2,205 |
| April 2024 | $2,271 |
| May 2024 | $2,359 |
| June 2024 | $2,326 |
| July 2024 | $2,294 |
| August 2024 | $2,297 |
| September 2024 | $2,252 |
| October 2024 | $2,272 |
| November 2024 | $2,280 |
| December 2024 | $2,207 |
| January 2025 | $2,194 |
| February 2025 | $2,212 |
| March 2025 | $2,236 |
| April 2025 | $2,288 |
| May 2025 | $2,380 |
| June 2025 | $2,364 |
| July 2025 | $2,507 |
| August 2025 | $2,429 |
| September 2025 | $2,383 |
| October 2025 | $2,321 |
| November 2025 | $2,200 |
| December 2025 | $2,232 |
| January 2026 | $2,273 |
| February 2026 | $2,324 |
| March 2026 | $2,385 |
Affordability calculator
Can I afford to live at 1331 S Michigan Ave?
Bedrooms
1 bedroomRent-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
$87,560/yr
With your selected rent-to-income ratio, you'd ideally want to make $87,560 annually to afford this 1-bedroom monthly rent price of $2,189.
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 | |||||
|---|---|---|---|---|---|
| 4 months ago | $2,285 | 1 bed | 1 bath | ||
| 1 year ago | $1,869 | 1 bed | 1 bath | ||
| 10 years ago | $1,906 | 1 bed | 1 bath | ||
| 10 years ago | $1,936 | 1 bed | 1 bath | ||
| 10 years ago | $2,428 | 2 bed | 2 bath | ||
| 10 years ago | $2,412 | 2 bed | 2 bath | ||
| 10 years ago | $1,946 | 1 bed | 1 bath | ||
| 10 years ago | $2,426 | 2 bed | 2 bath | ||
| 10 years ago | $2,419 | 2 bed | 2 bath |
Schools near 1331 S Michigan Ave
South Loop Elementary School
1212 s plymouth ct
chicago, IL, 60605
PK, K-8Public
B+
Bridgeport Child Development Center
3053 s normal ave
chicago, IL, 60616
PKPublic
Chicago Commons Guadalupano Family Center
1814 s paulina ave
chicago, IL, 60608
PKPublic
Ruben Salazar Bilingual Center
160 w wendell st
chicago, IL, 60610
PK, K-8Public
C+
Rudolph Elementary Learning Center
1628 w washington blvd
chicago, IL, 60612
PK, K-7Public
C+
Advertisement
Internet available near 1331 S Michigan Ave
Neighborhood
South Loop | Chicago, IL
NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.
Getting around Chicago near 1331 S Michigan Ave
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
7/10
This area is close to freeways and has adequate 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 1331 S Michigan Ave, Chicago
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
9/10
Exceptional variety of shops within a few minutes’ walk
Cafes
8/10
Wide variety of cafés within a few minutes’ walk
Restaurants
9/10
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
6/10
At least one high school within a 20-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 1331 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
Executees Inc
61 W 15th St
H&M
150 W Roosevelt Rd
Overflow Coffee
1449 S Michigan Ave
Overflow Coffee Bar
1312 S Wabash Ave
Dunkin'
1231 S Wabash Ave
Dunkin'
1575 S Michigan Ave
Stan's Donuts
26 E Roosevelt Rd
Square One
1400 S Michigan Ave
Victory Tap
1416 S Michigan Ave
AO Hawaiian Hideout
1315 S Wabash Ave
Weather Mark Tavern
1503 S Michigan Ave
M Lounge
1520 S Wabash Ave
Sweet Bean
1152 S Wabash Ave
Molly's Cupcake
1150 S Wabash Ave
Tea Pot Brew Bakery
1802 S Wabash Ave
Murray's Cheese
1615 S Clark St
Mr Poppa Gourmet Popcorn
800 S Wells St
Daniel Webster Park
Coliseum Park
Cotton Tail Park
Mary Richardson Jones Park
Margaret Hie Ding Lin Park
Decadent Chicago
1355 S Michigan Ave
The Chicago Firehouse Restaurant
1401 S Michigan Ave
Chicago Waffles
1400 S Michigan Ave
Victory Pizza Chicago Ilc
1416 S Michigan Ave
Victory Tap
1416 S Michigan Ave
Indiana / 14th Street
Roosevelt
Michigan / 14th Street
Roosevelt, Cottage Grove, Bronzeville / Union Station, King Drive
Michigan / 14th Street
Cottage Grove, Bronzeville / Union Station, King Drive
1440 S Indiana
Roosevelt
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
McCormick Place
South Shore Line, Metra Electric, South Shore Line
Roosevelt
Green Line, Orange Line, Orange Line, Green Line
Roosevelt
Red Line, Red Line
Harrison
Red Line, Red Line
Cermak-McCormick Place
Green Line, Green Line
Cermak-Chinatown
Red Line, Red Line
Other units at this address
1331 South Michigan Avenue, Chicago, IL
1331 South Michigan Avenue Chicago, IL
Occupied
1896
1 Bed
1 Bath
$1,905
Hardwood Floor • High Ceilings • Air Conditioning • Dishwasher • In-Unit Laundry
Occupied
1904
1 Bed
1 Bath
$1,906
Hardwood Floor • High Ceilings • Air Conditioning • Dishwasher • In-Unit Laundry
Occupied
1500
1 Bed
1 Bath
$1,923
Hardwood Floor • High Ceilings • Air Conditioning • Dishwasher • In-Unit Laundry
Occupied
1808
1 Bed
1 Bath
$1,928
Hardwood Floor • High Ceilings • Air Conditioning • Dishwasher • In-Unit Laundry
Occupied
1069
1 Bed
1 Bath
$1,929
Hardwood Floor • High Ceilings • Air Conditioning • Dishwasher • In-Unit Laundry
Occupied
1920
1 Bed
1 Bath
$1,936
Hardwood Floor • High Ceilings • Air Conditioning • Dishwasher • In-Unit Laundry
Occupied
659
2 Beds
2 Baths
$2,407
Hardwood Floor • High Ceilings • Air Conditioning • Dishwasher • In-Unit Laundry
Occupied
725
2 Beds
2 Baths
$2,412
Hardwood Floor • High Ceilings • Air Conditioning • Dishwasher • In-Unit Laundry
Occupied
1512
2 Beds
2 Baths
$2,425
Hardwood Floor • High Ceilings • Air Conditioning • Dishwasher • In-Unit Laundry
Occupied
2070
2 Beds
2 Baths
$2,428
Hardwood Floor • High Ceilings • Air Conditioning • Dishwasher • In-Unit Laundry
Occupied
686
2 Beds
2 Baths
$2,444
Hardwood Floor • High Ceilings • Air Conditioning • Dishwasher • In-Unit Laundry
Occupied
611
2 Beds
2 Baths
$2,447
Hardwood Floor • High Ceilings • Air Conditioning • Dishwasher • In-Unit Laundry
Compare similar properties nearby
- dogs and cats ok
- fitness center
- in-unit laundry
The Blackwood
Our team has verified this companyHyde Park • 5200 S Blackstone Ave
1–2 Beds
$1,730–$2,814
- dogs and cats ok
- fitness center
- in-unit laundry
Woodlawn Terrace
Our team has verified this companyKenwood • 4726 S Woodlawn Ave
Studio–2 Beds
$1,499–$2,423
- dogs and cats ok
- fitness center
- in-unit laundry
- dogs and cats ok
- fitness center
- in-unit laundry
Eugenie Terrace on the Park
Our team has verified this companyLincoln Park • 1730 N Clark St
Studio
$2,354–$3,381
- dogs and cats ok
- fitness center
- in-unit laundry
- dogs and cats ok
- fitness center
- in-unit laundry
Millennium on LaSalle
Our team has verified this companyLoop • 29 S La Salle St
Studio–1 Bed
$2,128–$3,371
- dogs and cats ok
- fitness center
- in-unit laundry
13thirteen Randolph Street Lofts
Our team has verified this companyNear West Side • 1313 W Randolph St
1 Bed
$2,221–$2,870
- dogs and cats ok
- fitness center
- in-unit laundry
- dogs and cats ok
- fitness center
- in-unit laundry
The Blackwood
Our team has verified this companyHyde Park • 5200 S Blackstone Ave
1–2 Beds
$1,730–$2,814
- dogs and cats ok
- fitness center
- in-unit laundry
Woodlawn Terrace
Our team has verified this companyKenwood • 4726 S Woodlawn Ave
Studio–2 Beds
$1,499–$2,423
- dogs and cats ok
- fitness center
- in-unit laundry
- dogs and cats ok
- fitness center
- in-unit laundry
Eugenie Terrace on the Park
Our team has verified this companyLincoln Park • 1730 N Clark St
Studio
$2,354–$3,381
- dogs and cats ok
- fitness center
- in-unit laundry
- dogs and cats ok
- fitness center
- in-unit laundry
Millennium on LaSalle
Our team has verified this companyLoop • 29 S La Salle St
Studio–1 Bed
$2,128–$3,371
- dogs and cats ok
- fitness center
- in-unit laundry
13thirteen Randolph Street Lofts
Our team has verified this companyNear West Side • 1313 W Randolph St
1 Bed
$2,221–$2,870
- dogs and cats ok
- fitness center
- in-unit laundry
Check availability
Studio apartment rentals in South Loop1483 listings
1483 listings
Studio apartment rentals in Chicago1483 listings
1483 listings
1 Bedroom apartment rentals in Chicago3010 listings
3010 listings
2 Bedroom apartment rentals in Chicago3113 listings
3113 listings
3 Bedroom apartment rentals in Chicago1357 listings
1357 listings
2 Bedroom house rentals in Chicago140 listings
140 listings
3 Bedroom house rentals in Chicago146 listings
146 listings
Advertisement