Bedroom count
Property type
Last updated on November 1, 2026
Last updated on November 1, 2026
Bedroom count
Property type
Median rent in Loop
$2,727/mo
vs previous year
The average rent in Loop is $2,727 per month as of October 2026. This is 44% above the national average rent, or $827 more per month.
average price per square foot
Available rentals in Loop
780
for rent on Zumper.com as of October 2026
Share of Loop rentals at each price point
Average rent prices in Loop have increased by 2% over the last month and have decreased by 1% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Loop vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Loop is $2,741, whereas a house costs $3,975. 1-bedroom apartments in Loop run $2,700 on average, while 2-bedroom apartments are $3,854.
Listings | ||||
|---|---|---|---|---|
Studio | $2,262 | 1% | 9% | |
1 bedroom | $2,657 | 3% | 4% | |
2 bedroom | $3,825 | 2% | 9% | |
3 bedroom | $5,709 | 4% | 3% | |
4 bedroom | $6,730 | 8% | 1% |
Listings | ||
|---|---|---|
Austin | $1,350 | |
Hyde Park | $1,900 | |
Near North Side | $2,914 | |
Near West Side | $2,909 | |
Rogers Park | $1,642 | |
South Loop | $2,800 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,741 | 1% | 1% | |
Condos | $2,608 | 2% | 4% | |
Houses | $3,975 | 39% | 33% | |
Rooms | $1,933 | No Change | - |
Studio
Average rent
$2,262
Last 30 days
1%
Last year
9%
1 bedroom
Average rent
$2,657
Last 30 days
3%
Last year
4%
2 bedroom
Average rent
$3,825
Last 30 days
2%
Last year
9%
3 bedroom
Average rent
$5,709
Last 30 days
4%
Last year
3%
4 bedroom
Average rent
$6,730
Last 30 days
8%
Last year
1%
Austin
Average rent
$1,350
Hyde Park
Average rent
$1,900
Near North Side
Average rent
$2,914
Near West Side
Average rent
$2,909
Rogers Park
Average rent
$1,642
South Loop
Average rent
$2,800
Apartments
Average rent
$2,741
Last 30 days
1%
Last year
1%
Condos
Average rent
$2,608
Last 30 days
2%
Last year
4%
Houses
Average rent
$3,975
Last 30 days
39%
Last year
33%
Rooms
Average rent
$1,933
Last 30 days
No Change
The table above reflects average rent prices in Loop, Chicago, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
Compare median rent prices in Loop and Austin by all bedroom counts and property types.
Loop
higher than the national median
lower than the national median
Takeaway
The median rent for all rentals in Loop, Chicago, IL is 102% higher than the median rent in Austin, Chicago, IL.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Loop rental market.
The average rent in Loop is $2,727 per month as of October 31, 2026.
Average rent prices in Loop have increased by 2% over the last month and have decreased by 1% since last year.
Rent in Loop is 44% above the national average, which means renters are paying approximately $827 more per month.
To comfortably afford rent in Loop, you'd need to earn approximately $109,000/year, based on spending no more than 30% of your income on rent.
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).