Bedroom count
Property type
Last updated on August 1, 2026
Average rent in
South Loop, Chicago, IL
Average rent in
Last updated on August 1, 2026
Bedroom count
Property type
Median rent
Median rent in South Loop
$2,595/mo
9%vs previous year
The average rent in South Loop is $2,595 per month as of July 2026. This is 34% above the national average rent, or $665 more per month.
average price per square foot
Total rentals
Available rentals in South Loop
195
for rent on Zumper.com as of July 2026
Rent price distribution
Share of South Loop rentals at each price point
Rent trends in South Loop, Chicago, IL
Average rent prices in South Loop have increased by 1% over the last month and have decreased by 9% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
South Loop, Chicago, IL
Rent prices in South Loop vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in South Loop is $2,557, whereas a house costs $3,342. 1-bedroom apartments in South Loop run $2,430 on average, while 2-bedroom apartments are $3,359.
Listings | ||||
|---|---|---|---|---|
Studio | $2,151 | 5% | 3% | |
1 bedroom | $2,410 | 9% | 5% | |
2 bedroom | $3,313 | 5% | 4% | |
3 bedroom | $3,695 | 12% | 27% | |
4 bedroom | $4,500 | 9% | 29% |
Listings | ||
|---|---|---|
Armour Square | $1,774 | |
Austin | $1,395 | |
Bridgeport | $1,750 | |
Douglas | $1,528 | |
Loop | $2,768 | |
Lower West Side | $1,925 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,557 | 10% | No Change | |
Condos | $2,654 |  1% | No Change | |
Houses | $3,342 | 13% | No Change |
Studio
Average rent
$2,151
Last 30 days
5%
Last year
3%
1 bedroom
Average rent
$2,410
Last 30 days
9%
Last year
5%
2 bedroom
Average rent
$3,313
Last 30 days
5%
Last year
4%
3 bedroom
Average rent
$3,695
Last 30 days
12%
Last year
27%
4 bedroom
Average rent
$4,500
Last 30 days
9%
Last year
29%
Armour Square
Average rent
$1,774
Austin
Average rent
$1,395
Bridgeport
Average rent
$1,750
Douglas
Average rent
$1,528
Loop
Average rent
$2,768
Lower West Side
Average rent
$1,925
Apartments
Average rent
$2,557
Last 30 days
10%
Condos
Average rent
$2,654
Last 30 days
1%
Houses
Average rent
$3,342
Last 30 days
13%
The table above reflects average rent prices in South 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.
How does rent in South Loop, Chicago, IL compare to other neighborhoods?
Compare median rent prices in South Loop and Armour Square by all bedroom counts and property types.
South Loop
34%higher than the national median
8%lower than the national median
Takeaway
The median rent for all rentals in South Loop, Chicago, IL is 46% higher than the median rent in Armour Square, Chicago, IL.
Average rent in nearby neighborhoods
Explore rent trends in neighboring markets
Discover rentals in South Loop, Chicago, IL
5d+ ago
South Loop condo for rent in Chicago
1 bed
1 bath
$1,600
Condo for rent
13h ago
606 606 - 637 E Woodland Park Ave, Chicago, IL 60616
2 beds
2 baths
$2,295–$2,455
Apartment for rent
19h ago
1545 S State St, Chicago, IL 60605
1–2 beds
1–2 baths
$2,381–$3,214
Apartment for rent
5d+ ago
South Loop condo for rent in Chicago
1845 S Michigan Ave #2004, Chicago, IL 60616
2 beds
1 bath
$2,450
Condo for rent
20h ago
Verified
3 beds
2 baths
$8,841
Condo for rent
1d ago
Verified
3 beds
2 baths
$8,000
Apartment for rent
5d+ ago
Verified
3 beds
3 baths
$7,623
Apartment for rent
5d+ ago
Verified
3 beds
2 baths
$7,500
Apartment for rent
11m ago
Verified
2 beds
2 baths
$3,839
$3,700
Price drop
Apartment for rent
11m ago
Verified
2 beds
1.5 baths
$2,889
Apartment for rent
11m ago
Verified
2 beds
2 baths
$3,161
$2,950
Price drop
Apartment for rent
11m ago
Verified
2 beds
1 bath
$3,199
$2,800
Price drop
Apartment for rent
11m ago
Verified
2 beds
2 baths
$3,462
$3,273
Price drop
Apartment for rent
11m ago
Verified
2 beds
1 bath
$3,095
$2,695
Price drop
Apartment for rent
12m ago
Verified
1 bed
1 bath
$2,590
$2,392
Price drop
Apartment for rent
12m ago
Verified
Studio
1 bath
$1,866
Apartment for rent
11m ago
Verified
2 beds
2 baths
$3,839
$3,700
Price drop
Apartment for rent
11m ago
Verified
2 beds
1.5 baths
$2,889
Apartment for rent
11m ago
Verified
2 beds
2 baths
$3,161
$2,950
Price drop
Apartment for rent
11m ago
Verified
2 beds
1 bath
$3,199
$2,800
Price drop
Apartment for rent
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Frequently asked questions for South Loop, Chicago, IL
Quick answers to common questions about the South Loop rental market.
How much is rent in South Loop?
The average rent in South Loop is $2,595 per month as of July 25, 2026.
Is rent up or down in South Loop?
Average rent prices in South Loop have increased by 1% over the last month and have decreased by 9% since last year.
How does South Loop rent compare to the national average?
Rent in South Loop is 34% above the national average, which means renters are paying approximately $665 more per month.
What salary do I need to afford rent in South Loop?
To comfortably afford rent in South Loop, you'd need to earn approximately $104,000/year, based on spending no more than 30% of your income on rent.
Methodology
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).