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The average monthly rent in South Loop, Chicago is down 1.06% compared to last month but up 8.79% year-over-year.
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2h ago
Verified
2 beds
2 baths
$3,127
Apartment for rent
2h ago
Verified
1 bed
1 bath
$2,140
Apartment for rent
2h ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,480
$2,330
Price drop
Apartment for rent
2h ago
Verified
On-site laundry | Balcony | Hardwood floor
1 bed
1 bath
$2,050
Apartment for rent
15h ago
Verified
In-unit laundry | Furnished | On-site laundry
1 bed
1 bath
$2,629
Apartment for rent
15h ago
Verified
In-unit laundry | On-site laundry | Balcony
2 beds
1 bath
$2,815
Apartment for rent
Garage Parking
Dishwasher
Hardwood Floor
In-Unit Laundry
2d ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,145
$1,995
Price drop
Apartment for rent
2d ago
Verified
2 beds
2 baths
$3,494
$3,334
Price drop
Apartment for rent
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3d ago
Verified
4 beds
4 baths
$11,450
$11,000
Price drop
Apartment for rent
3d ago
Verified
3 beds
3 baths
$6,819
$6,660
Price drop
Apartment for rent
These rentals are 10%-30% cheaper than the local average price for similar rentals.
3d ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,263
$1,990
Price drop
Apartment for rent
3d ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,330
Apartment for rent
3d ago
Verified
In-unit laundry | On-site laundry | Balcony
2 beds
2 baths
$3,445
$3,275
Price drop
Apartment for rent
4d ago
Verified
In-unit laundry | On-site laundry | Balcony
2 beds
2 baths
$2,810
Apartment for rent
4d ago
Verified
In-unit laundry | On-site laundry | Balcony
2 beds
2 baths
$3,185
Apartment for rent
4d ago
Verified
2 beds
2 baths
$2,695
Condo for rent
Available Dec 1
5d+ ago
Verified
1 bed
2 baths
$2,716
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,788
$2,650
Price drop
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,575
$2,425
Price drop
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
2 beds
2 baths
$2,745
$2,610
Price drop
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,361
Apartment for rent
5d+ ago
Verified
1 bed
1 bath
$2,750
$2,188
Price drop
Apartment for rent
5d+ ago
Verified
1212 S Michigan Ave #707, Chicago, IL 60605
In-unit laundry | Air conditioning | Elevator
Studio
1 bath
$2,060
Apartment for rent
5d+ ago
Verified
1212 S Michigan Ave #1210, Chicago, IL 60605
In-unit laundry | Air conditioning | Hardwood floor
1 bed
1 bath
$2,347
Apartment for rent
5d+ ago
Verified
1212 S Michigan Ave #1804, Chicago, IL 60605
In-unit laundry | Air conditioning | Elevator
Studio
1 bath
$2,143
Apartment for rent
5d+ ago
Verified
1212 S Michigan Ave #510, Chicago, IL 60605
In-unit laundry | Air conditioning | Elevator
1 bed
1 bath
$2,144
Apartment for rent
5d+ ago
Verified
1212 S Michigan Ave #2006, Chicago, IL 60605
In-unit laundry | Air conditioning | Hardwood floor
1 bed
1 bath
$2,409
Apartment for rent
Available Nov 9
5d+ ago
Verified
1212 S Michigan Ave #1212, Chicago, IL 60605
In-unit laundry | Air conditioning | Elevator
1 bed
1 bath
$2,291
Apartment for rent
5d+ ago
Verified
1212 S Michigan Ave #2209, Chicago, IL 60605
In-unit laundry | Air conditioning | Hardwood floor
Studio
1 bath
$2,506
Apartment for rent
Available Nov 9
5d+ ago
Verified
3 beds
2 baths
$4,716
Apartment for rent
5d+ ago
Verified
In-unit laundry | Air conditioning | On-site laundry
3 beds
2 baths
$3,289
Apartment for rent
Available Oct 1
5d+ ago
Verified
In-unit laundry | Air conditioning | On-site laundry
3 beds
2 baths
$3,101
Apartment for rent
Available Oct 15
5d+ ago
Verified
In-unit laundry | Garage parking | Assigned parking
2 beds
2 baths
$2,595
Condo for rent
Available Aug 20
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
2 beds
1 bath
$3,250
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,360
Apartment for rent
5d+ ago
Verified
1 bed
1 bath
$2,421
$2,321
Price drop
Apartment for rent
5d+ ago
Verified
1 bed
1 bath
$2,420
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,262
Apartment for rent
5d+ ago
Verified
On-site laundry | Balcony | Hardwood floor
2 beds
2 baths
$3,173
$2,999
Price drop
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
2 beds
2 baths
$3,295
$3,195
Price drop
Apartment for rent
5d+ ago
Verified
Studio
1 bath
$2,000
$1,900
Price drop
Apartment for rent
5d+ ago
Verified
3 beds
3 baths
$7,250
Apartment for rent
5d+ ago
Verified
In-unit laundry | Furnished | On-site laundry
2 beds
2 baths
$3,134
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,700
$2,380
Price drop
Apartment for rent
5d+ ago
Verified
In-unit laundry | Air conditioning | On-site laundry
3 beds
2 baths
$3,478
Apartment for rent
Available Sep 1
5d+ ago
Verified
2 beds
2 baths
$3,943
$3,832
Price drop
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
2 beds
2 baths
$4,595
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,250
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
3 beds
2 baths
$4,495
Apartment for rent
5d+ ago
Verified
On-site laundry | Balcony | Hardwood floor
1 bed
1 bath
$1,876
Apartment for rent
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South Loop, Chicago rent data for:
As of today, you'll find 214 apartments for rent in Chicago, with a median rent price of $2,750 per month. Chicago has seen a 9%—or $248—increase in median rent price compared to the previous year.Average Rent
$2,750Year Over Year Change
9%
$248
Rentals available, last 30 days
214
The average rent in South Loop, Chicago, IL, for rentals of all sizes and types, is $2,750, which is a 8.79% increase year-over-year.
The monthly rent for 1-bedroom apartments in South Loop, Chicago, IL is about $2,320. The average rent for 2-bedroom apartments in South Loop, Chicago, IL is $3,100, and studios are about $2,060 per month.
See more South Loop, Chicago, IL rent data on our rent research page.
$1,950
30% higher than city median
$1,325
11% lower than city median
1212 s plymouth ct
chicago, IL, 60605
55 w cermak rd
chicago, IL, 60616
247 w 23rd pl
chicago, IL, 60616
2710 s dearborn st
chicago, IL, 60616
2701 s shields ave
chicago, IL, 60616
Showing 1 - 5 of 464 results
South Loop, Chicago has a walk score of 10/10, so when you need to run errands or leave the neighborhood, consider heading out on foot. With a public transportation score of 10/10, you’ll have many opportunities to commute via metro bus or train.
Scores for Chicago are calculated based on the proximity to and amount of infrastructure supporting each method of transportation.
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 rent for 1 bedroom apartments for rent in South Loop is $2310 per month. There are 73 1 bedroom apartments for rent in South Loop, IL.
The average rent for 2 bedroom apartments for rent in South Loop is $3100 per month. Currently, there are 86 2 bedroom apartments for rent in South Loop, IL.
The average rent for 3 bedroom apartments for rent in South Loop is $4706 per month. As of today, there are 31 3 bedroom apartments for rent in South Loop, IL.
The average rent price in South Loop, IL for a 2 bedroom apartment is $3100 per month. South Loop average rent price is above the average national apartment rent price which is $1750 per month for a 2 bedroom apartment. Aside from rent price, the cost of living in South Loop is also important to know. Cost of living includes but is not limited to: groceries, gas, utilities, water, and electric.
The average size of a 1 bedroom apartment rental in South Loop is 653 square feet. The average size of a 2 bedroom apartment rental in South Loop is 1058 square feet. The average size of a 3 bedroom apartment rental in South Loop is 1780 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.
2 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 | 223 |
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💰Best rent deal | 1212 S Michigan Ave |
✨Popular amenities | , , |
🧦In-unit laundry | |
🍽With dishwasher | |
🏠With photos |