Zumper

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modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Quartz countertops
  • Fitness center
  • Resort-style pool
  • Clubroom
  • Pet spa
  • Usb outlets

Location

1342 S Michigan Ave, Chicago, IL 60605, USA|South Loop

Property Overview

Modern finishes like quartz countertops and in-home USB outlets pair with on-site amenities including a fitness center, resort-style pool, clubroom, and pet spa. The community supports an active, social lifestyle with shared gathering spaces, plentiful nearby restaurants, and wellness-focused features such as natural light and green areas. Strong pet-friendly infrastructure and proximity to a highly rated middle school, plus extensive photos for easy online viewing, round out the appeal.

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

  • Middle school nearby
  • Images Available

Great for

  • Pet owners
  • Wellness
  • Social life

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$2,906–$3,106

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Our team has verified this company

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1 Bed

$2,750

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1 Bed

$2,350–$3,550

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1 Bed

$2,900–$3,250

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1 Bed

$1,895–$2,635

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Our team has verified this company

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1 Bed

$2,714–$3,141

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$2,784–$3,865

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Rent trends in South Loop

1-bedroom apartments at 1342 S Michigan Ave cost about 16% more than the average rent price for 1-bedroom apartments in Chicago.

Median rents as of Jun 20 2026.
South Loop
Chicago
A table of 1-bedroom apartment rental data trends in Chicago
MonthMedian Rent
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$2,232
April 2026$2,219
May 2026$2,257
June 2026$2,200
A table of 1-bedroom apartment rental data trends in South Loop
MonthMedian Rent
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$2,393
April 2026$2,427
May 2026$2,430
June 2026$2,450

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 1342 S Michigan Ave, Chicago, IL.
Last month$2,859

Schools near 1342 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+
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Internet available near 1342 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 1342 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 1342 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

9/10
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

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

9/10
Wide variety of bars within a few minutes' walk

Explore the area around 1342 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

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