Bedroom count

Property type

Last updated on January 31, 2026

Average rent in
South Loop, Chicago, IL

Last updated on January 31, 2026

Last updated on January 31, 2026

Bedroom count

Property type

As of January 2026, the median rent for all bedroom counts and property types in South Loop, Chicago, IL is $2,695. This is +42%, or $795, higher than the national average.

$3.05

average price per square foot

Median rent

$2,695

increased by6%
over the previous yearvs previous year

Total rentals

287

for rent on Zumper.com

As of January 2026, the median rent for all bedroom counts and property types in South Loop, Chicago, IL is $2,695. This is +42%, or $795, higher than the national average.

$3.05

average price per square foot

Rent ranges

2%
64%
26%
4%
4%
$0-$1,500$0 - $1,500
$1,501-$3,000$1,501 - $3,000
$3,001-$4,500$3,001 - $4,500
$4,501-$6,000$4,501 - $6,000
$6,001-$50,000$6,001 - $50,000

Households

At this time, we don't have information to generate a distribution. Please check back soon.

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
South Loop, Chicago, IL

Rent price trends

Rent prices for all bedroom counts and property types in South Loop, Chicago, IL have remained the same in the last month and have increased by 6% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
South Loop, Chicago, IL

The monthly rent for an apartment in South Loop, Chicago, IL is $2,666. A 1-bedroom apartment in South Loop, Chicago, IL costs about $2,346 on average, while a 2-bedroom apartment is $3,100. Houses for rent in South Loop, Chicago, IL are more expensive, with an average monthly cost of $3,000.

Comparables

1 bedroom

$2,300

2%

3%

2 bedroom

$3,046

2%

3%

3 bedroom

$4,385

4%

8%

4 bedroom

$2,650

2%

9%

Studio

$2,126

1%

5%

Studio

Average rent

$2,126

Last 30 days

1%

Last year

5%

1 bedroom

Average rent

$2,300

Last 30 days

2%

Last year

3%

2 bedroom

Average rent

$3,046

Last 30 days

2%

Last year

3%

3 bedroom

Average rent

$4,385

Last 30 days

4%

Last year

8%

4 bedroom

Average rent

$2,650

Last 30 days

2%

Last year

9%

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.

Compare rent prices in South Loop, Chicago, IL to other neighborhoods

Median rent prices in South Loop, Chicago, IL for all bedroom counts and property types compared to Armour Square, Chicago, IL.

South Loop

Median rent price$2,695
increased by42%

higher than the national median

Median rent price$2,037
increased by7%

higher than the national median

Takeaway

The median rent for all rentals in South Loop, Chicago, IL is 32% higher than the median rent in Armour Square, Chicago, IL.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby neighborhoods

Explore rent trends in other markets

Armour Square

$2,037

increased by21%

Last year

Austin

$1,295

decreased by8%

Last year

Bridgeport

$1,650

increased by29%

Last year

Douglas

$1,520

decreased by3%

Last year

Loop

$2,721

increased by6%

Last year

Lower West Side

$1,999

increased by4%

Last year

Apartments for rent in Addison

Discover rentals in South Loop, Chicago, IL

1515 S Prairie Ave #704 - Photo 1 of 1

5d+ ago

South Loop condo for rent in Chicago

1515 S Prairie Ave #704, Chicago, IL 60605

1 bed

1 bath

$1,630

Condo for rent

1727 S Indiana Ave #116 - Photo 1 of 1

5d+ ago

South Loop condo for rent in Chicago

Condo for rent

1212 South Michigan Avenue - Photo 1 of 1
3D tour

3d ago

8.7

Very good

Our team has verified this company

Verified

1212 South Michigan Avenue

1212 S Michigan Ave #1080, Chicago, IL 60605

1–2 beds

1–2 baths

$1,810–$1,880

Price drop

Apartment for rent

1808 S Michigan Ave #29 - Photo 1 of 1

5d+ ago

South Loop townhouse for rent in Chicago

1808 S Michigan Ave #29, Chicago, IL 60616

2 beds

2 baths

$1,940

House for rent

Carriage House Lofts - Photo 1 of 1
Rent special

3d ago

8.8

Very good

Carriage House Lofts

1545 S State St, Chicago, IL 60605

1–3 beds

1–2 baths

$2,174–$3,562

Apartment for rent

Call

Woodland Park - Photo 1 of 1
3D tour

1d ago

9.1

Excellent

Woodland Park

606 606 - 637 E Woodland Park Ave, Chicago, IL 60616

2 beds

2 baths

$2,285–$2,365

Apartment for rent

1620 S Michigan Ave #525 - Photo 1 of 1

5d+ ago

South Loop condo for rent in Chicago

Condo for rent

Available Nov 3

1720 S Michigan Ave Apt 3109 #3109 - Photo 1 of 1

5d+ ago

South Loop condo for rent in Chicago

1720 S Michigan Ave Apt 3109 #3109, Chicago, IL 60616

2 beds

1 bath

$2,400

Condo for rent