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The average monthly rent in South Loop, Chicago is up 2.78% compared to last month and up 11.16% year-over-year.
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12h ago
Verified
In-unit laundry | Furnished | On-site laundry
1 bed
1 bath
$2,400
Apartment for rent
12h ago
Verified
In-unit laundry | Furnished | On-site laundry
1 bed
1 bath
$2,564
Apartment for rent
12h ago
Verified
In-unit laundry | Furnished | On-site laundry
1 bed
1 bath
$2,472
Apartment for rent
12h ago
Verified
In-unit laundry | Furnished | On-site laundry
2 beds
2 baths
$3,193
Apartment for rent
12h ago
Verified
In-unit laundry | On-site laundry | Balcony
2 beds
1 bath
$2,950
$2,721
Price drop
Apartment for rent
15h ago
2111 S Wabash Ave, Chicago, IL 60616
In-unit laundry | Air conditioning | On-site laundry
1–3 beds
1–2 baths
$2,150–$4,595
Apartment for rent
Hardwood Floor
Garage Parking
In-Unit Laundry
Dishwasher
1d ago
Verified
2 beds
2 baths
$3,295
Apartment for rent
1d ago
Verified
1 bed
1 bath
$2,345
Apartment for rent
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1d ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,224
Apartment for rent
2d ago
Verified
1 bed
1 bath
$2,193
Apartment for rent
These rentals are 10%-30% cheaper than the local average price for similar rentals.
2d ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,425
$2,044
Price drop
Apartment for rent
2d ago
Verified
On-site laundry | Balcony | Hardwood floor
1 bed
1 bath
$1,913
Apartment for rent
3d ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,344
Apartment for rent
4d ago
Verified
1212 South Michigan Avenue #2103, Chicago, IL 60605
In-unit laundry | Air conditioning | Elevator
Studio
1 bath
$2,043
Apartment for rent
Available Jan 14
4d ago
Verified
1212 South Michigan Avenue #808, Chicago, IL 60605
In-unit laundry | Air conditioning | Hardwood floor
1 bed
1 bath
$2,058
Apartment for rent
Available Jun 27
4d ago
Verified
1212 South Michigan Avenue #1211, Chicago, IL 60605
In-unit laundry | Air conditioning | Hardwood floor
1 bed
1 bath
$2,231
Apartment for rent
Available Jul 17
4d ago
Verified
1212 South Michigan Avenue #1702, Chicago, IL 60605
In-unit laundry | Air conditioning | Hardwood floor
2 beds
2 baths
$3,189
Apartment for rent
Available May 17
4d ago
Verified
1212 South Michigan Avenue #1304, Chicago, IL 60605
In-unit laundry | Air conditioning | Hardwood floor
Studio
1 bath
$1,994
Apartment for rent
Available Feb 14
4d ago
Verified
1212 South Michigan Avenue #1903, Chicago, IL 60605
In-unit laundry | Air conditioning | Hardwood floor
Studio
1 bath
$1,993
Apartment for rent
Available Feb 14
4d ago
Verified
1212 South Michigan Avenue #2209, Chicago, IL 60605
In-unit laundry | Air conditioning | Hardwood floor
Studio
1 bath
$2,423
Apartment for rent
Available Nov 9
4d ago
Verified
1212 South Michigan Avenue #2208, Chicago, IL 60605
In-unit laundry | Air conditioning | Elevator
1 bed
1 bath
$2,202
Apartment for rent
Available Apr 12
4d ago
Verified
Studio
1 bath
$2,135
Apartment for rent
4d ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,132
Apartment for rent
4d ago
Verified
1 bed
1 bath
$2,200
$1,825
Price drop
Apartment for rent
4d ago
Verified
On-site laundry | Balcony | Hardwood floor
Studio
1 bath
$1,750
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,430
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
2 beds
2 baths
$3,295
$2,900
Price drop
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
2 beds
1 bath
$2,940
$2,741
Price drop
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
2 beds
2 baths
$3,150
$2,941
Price drop
Apartment for rent
5d+ ago
Verified
1 bed
1 bath
$2,650
$2,164
Price drop
Apartment for rent
5d+ ago
Verified
2 beds
2 baths
$3,396
$3,212
Price drop
Apartment for rent
5d+ ago
Verified
1 bed
2 baths
$2,576
Apartment for rent
5d+ ago
Verified
1212 South Michigan Avenue #2211, Chicago, IL 60605
In-unit laundry | Air conditioning | Hardwood floor
1 bed
1 bath
$2,676
$2,571
Price drop
Apartment for rent
Available Apr 15
5d+ ago
Verified
1212 South Michigan Avenue #2711, Chicago, IL 60605
In-unit laundry | Air conditioning | Hardwood floor
1 bed
1 bath
$2,621
Apartment for rent
Available Jun 27
5d+ ago
Verified
1212 South Michigan Avenue #2009, Chicago, IL 60605
In-unit laundry | Air conditioning | Hardwood floor
Studio
1 bath
$2,375
Apartment for rent
Available Apr 15
5d+ ago
Verified
1212 South Michigan Avenue #2909, Chicago, IL 60605
In-unit laundry | Air conditioning | Elevator
Studio
1 bath
$2,200
Apartment for rent
Available Mar 8
5d+ ago
Verified
1212 South Michigan Avenue #2701, Chicago, IL 60605
In-unit laundry | Air conditioning | Hardwood floor
2 beds
2 baths
$3,208
Apartment for rent
Available Jun 8
5d+ ago
Verified
1212 South Michigan Avenue #2409, Chicago, IL 60605
In-unit laundry | Air conditioning | Hardwood floor
Studio
1 bath
$2,200
Apartment for rent
Available May 17
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,525
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
Studio
1 bath
$2,325
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,175
$1,998
Price drop
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,000
$1,887
Price drop
Apartment for rent
5d+ ago
Verified
3 beds
3 baths
$7,249
Apartment for rent
5d+ ago
Verified
3 beds
2 baths
$4,385
Apartment for rent
5d+ ago
Verified
On-site laundry | Balcony | Hardwood floor
1 bed
1 bath
$1,950
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
1 bed
1 bath
$2,567
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
2 beds
2 baths
$3,015
$2,860
Price drop
Apartment for rent
5d+ ago
Verified
On-site laundry | Balcony | Hardwood floor
2 beds
2 baths
$2,924
$2,792
Price drop
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
3 beds
2 baths
$3,995
Apartment for rent
5d+ ago
Verified
In-unit laundry | On-site laundry | Balcony
2 beds
1 bath
$2,960
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 584 square feet. The average size of a 2 bedroom apartment rental in South Loop is 1043 square feet. The average size of a 3 bedroom apartment rental in South Loop is 1675 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 | 316 |
|---|---|
| 💰Best rent deal | 1212 S Michigan Ave |
| ✨Popular amenities | , , |
| 🧦In-unit laundry | |
| 🍽With dishwasher | |
| 🏠With photos |