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The average monthly rent in South Loop, Chicago is up 3.28% compared to last month and up 6.82% year-over-year.
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5d+ ago
Verified
In-unit laundry | Garage parking | Assigned parking
2 beds
2 baths
$2,900
Apartment for rent
Available May 1
5d+ ago
Verified
In-unit laundry | Garage parking | Assigned parking
2 beds
2 baths
$3,050
Apartment for rent
Available May 1
5d+ ago
Verified
In-unit laundry | Assigned parking
3 beds
2 baths
$3,900
Apartment for rent
Available Feb 12
5d+ ago
Verified
In-unit laundry | Assigned parking | Elevator
2 beds
2 baths
$2,850
Apartment for rent
Available Sep 8
5d+ ago
Verified
In-unit laundry | Assigned parking | Elevator
2 beds
2 baths
$2,750
Apartment for rent
Available Sep 8
1d ago
Verified
On-site laundry | Balcony | Hardwood floor
1 bed
1 bath
$1,944
$1,787
Price drop
Apartment for rent
In-Unit Laundry
Dishwasher
Hardwood Floor
Garage Parking
1d ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,433
Apartment for rent
4d ago
Verified
In-unit laundry | On-site laundry | Balcony
2 beds
2 baths
$3,350
$3,130
Price drop
Apartment for rent
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5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,175
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,100
Apartment for rent
These rentals are 10%-30% cheaper than the local average price for similar rentals.
5d+ ago
Verified
1 bed
1 bath
$2,050
$1,950
Price drop
Apartment for rent
5d+ ago
Verified
On-site laundry | Balcony | Hardwood floor
1 bed
1 bath
$2,050
Apartment for rent
5d+ ago
Verified
In-unit laundry | Air conditioning | Hardwood floor
1 bed
1 bath
$2,065
Apartment for rent
Available Jun 28
5d+ ago
Verified
1 bed
1 bath
$1,990
Apartment for rent
4d ago
Verified
1212 S Michigan Ave #1080, Chicago, IL 60605
Furnished | Air conditioning | On-site laundry
1–2 beds
1–2 baths
$1,960–$2,800
Apartment for rent
5h ago
1212 S Michigan Ave, Chicago, IL 60605
Air conditioning | Garage parking | On-site laundry
Studio–2 beds
1–2 baths
$1,835–$3,686
Apartment for rent
6h ago
1545 S State St, Chicago, IL 60605
In-unit laundry | Air conditioning | Garage parking
1–2 beds
1–2 baths
$2,204–$3,369
Price drop
Apartment for rent
1d ago
61 E 21st St, Chicago, IL 60616
On-site laundry | Assigned parking | Fitness center
Studio–1 bed
1 bath
$1,399–$1,829
Apartment for rent
5d+ ago
South Loop apartment for rent in Chicago
1210 S Michigan Ave, Chicago, IL 60605
In-unit laundry | Garage parking | On-site laundry
1 bed
1 bath
$2,100
Apartment for rent
Available Apr 23
8h ago
Verified
In-unit laundry | Furnished | On-site laundry
1 bed
1 bath
$2,450
Apartment for rent
1d ago
Verified
On-site laundry | Balcony | Hardwood floor
2 beds
2 baths
$2,918
$2,747
Price drop
Apartment for rent
2d ago
Verified
Studio
1 bath
$2,281
Apartment for rent
4d ago
Verified
1 bed
1 bath
$2,436
Apartment for rent
5d+ ago
Verified
2 beds
2 baths
$3,296
$3,136
Price drop
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,435
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
2 beds
2 baths
$3,629
Apartment for rent
5d+ ago
Verified
Studio
1 bath
$2,228
$2,083
Price drop
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
2 beds
1 bath
$2,889
$2,682
Price drop
Apartment for rent
5d+ ago
Verified
2 beds
2 baths
$3,918
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
3 beds
2 baths
$4,250
$4,170
Price drop
Apartment for rent
5d+ ago
Verified
2 beds
2 baths
$3,315
$3,019
Price drop
Apartment for rent
5d+ ago
Verified
3 beds
2 baths
$4,500
Apartment for rent
1d ago
Verified
In-unit laundry | Furnished | On-site laundry
1 bed
1 bath
$2,892
Apartment for rent
1d ago
Verified
1 bed
1 bath
$2,600
$2,200
Price drop
Apartment for rent
2d ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,450
Apartment for rent
5d+ ago
Verified
1212 S Michigan Ave #1311, Chicago, IL 60605
In-unit laundry | Air conditioning | Elevator
1 bed
1 bath
$2,376
Apartment for rent
5d+ ago
Verified
In-unit laundry | Air conditioning | On-site laundry
4 beds
4 baths
$15,400
Apartment for rent
Available Jun 23
5d+ ago
Verified
In-unit laundry | Furnished | Air conditioning
1 bed
1 bath
$2,237
Apartment for rent
19h ago
Verified
1326 S Michigan Ave #431, Chicago, IL 60605
In-unit laundry | Furnished | Air conditioning
1 bed
1 bath
$3,050
Apartment for rent
2d ago
Verified
1210 S Indiana Ave #1043, Chicago, IL 60605
In-unit laundry | Furnished | Air conditioning
Studio–3 beds
1–2 baths
$2,640–$6,710
Apartment for rent
5d+ ago
Verified
2 beds
1 bath
$3,500
Apartment for rent
5d+ ago
Verified
1 bed
1 bath
$3,000
Apartment for rent
5d+ ago
Verified
In-unit laundry | Air conditioning | Garage parking
3 beds
2 baths
$3,895
Apartment for rent
8h ago
Verified
3 beds
2 baths
$6,370
$6,220
Price drop
Apartment for rent
8h ago
Verified
3 beds
3 baths
$6,800
$6,698
Price drop
Apartment for rent
1d ago
Verified
In-unit laundry | On-site laundry | Balcony
2 beds
1 bath
$3,025
Apartment for rent
1d ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$3,860
Apartment for rent
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South Loop's rental market offers a very strong selection of listings, with an average of over 1,200 rentals available each month. The majority of these listings are 1-bedroom and 2-bedroom apartments, with a smaller number of studios and 3-bedroom units. Many of these apartments offer popular amenities such as in-unit laundry, which is available in about 68% of listings. Additionally, pet owners will find South Loop to be a welcoming neighborhood, with about 63% of apartments allowing small pets. With its diverse range of listings and amenities, South Loop is a great option for renters looking for a convenient and comfortable place to call home.
The South Loop neighborhood in Chicago has experienced a relatively stable rental market, with a slight decrease of 0.25% in average monthly rent year-over-year, now averaging $2,508 per month across all bed counts and property types. Breaking it down by bed count, 1-bedrooms average $2,202 per month, a 0.65% increase from last year, while 2-bedrooms average $2,932, a 0.58% increase. Studios average $1,981, a 3.54% increase, and 3-bedrooms average $4,753, a 4.53% increase.
The rental market in South Loop tends to fluctuate throughout the year, with May typically seeing the highest rent prices, about 3.86% higher than the lowest month, March. If you're looking for a new apartment, March might be a good time to find a deal. In terms of competition, it's essential to be prepared during the peak season, as the most competitive months often see more demand than available inventory. Conversely, the winter months may offer a more relaxed apartment hunt, with fewer renters competing for available units.
South Loop is a neighborhood that seamlessly aligns with the lifestyles and interests of its residents. Our analysis of recent data reveals that this area is particularly well-suited for individuals prioritizing social life and fitness wellness.
For those focused on fitness and wellness, South Loop offers an array of amenities, including onsite gym equipment, abundant natural lighting, and access to health and wellness events. The presence of fitness centers, gyms, farmers' markets, and health food stores further supports a healthy lifestyle. Additionally, features like low VOC materials and soundproofing contribute to a wholesome living environment.
The neighborhood also caters to those with an active social life, thanks to its diverse range of restaurants, a balanced neighborhood age distribution, and convenient transit options. Furthermore, the area's well-maintained street infrastructure and emphasis on safety make it an ideal setting for socializing and community engagement.
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2024 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.
The average size of a 1 bedroom apartment rental in South Loop is 721 square feet. The average size of a 2 bedroom apartment rental in South Loop is 953 square feet. The average size of a 3 bedroom apartment rental in South Loop is 1719 square feet.
To help you better understand how much rent you can afford, check out Zumper's rent calculator. Our rent calculator can help you learn more about South Loop average rent prices.
1 bedroom apartments are the most common type of rentals in South Loop, Chicago, IL right now.
4+ bedroom apartments are the least common type of rentals in South Loop, Chicago, IL right now.
| 🔑Available apartment rentals | 282 |
|---|---|
| 💰Best rent deal | 61 E 21st St |
| ✨Popular amenities | , , |
| 🧦In-unit laundry | |
| 🍽With dishwasher | |
| 🏠With photos |