Bedroom count

Property type

Last updated on March 18, 2026

Average rent in
South Loop, Chicago, IL

Last updated on March 18, 2026

Last updated on March 18, 2026

Bedroom count

Property type

As of March 2026, the median rent for all bedroom counts and property types in South Loop, Chicago, IL is $2,700. This is +42%, or $799, higher than the national average.

$3.24

average price per square foot

Median rent

$2,700

increased by7%
over the previous yearvs previous year

Total rentals

219

for rent on Zumper.com

As of March 2026, the median rent for all bedroom counts and property types in South Loop, Chicago, IL is $2,700. This is +42%, or $799, higher than the national average.

$3.24

average price per square foot

Rent ranges

1%
63%
30%
3%
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 increased by 1% in the last month and have increased by 7% 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 $2,674. A 1-bedroom apartment in South Loop, Chicago, IL costs about $2,405 on average, while a 2-bedroom apartment is $3,195. Houses for rent in South Loop, Chicago, IL are more expensive, with an average monthly cost of $2,800.

Comparables

1 bedroom

$2,382

1%

7%

2 bedroom

$3,123

No Change

2%

3 bedroom

$4,500

2%

7%

4 bedroom

$2,400

1%

4%

Studio

$2,054

No Change

7%

Studio

Average rent

$2,054

Last 30 days

No Change

Last year

7%

1 bedroom

Average rent

$2,382

Last 30 days

1%

Last year

7%

2 bedroom

Average rent

$3,123

Last 30 days

No Change

Last year

2%

3 bedroom

Average rent

$4,500

Last 30 days

2%

Last year

7%

4 bedroom

Average rent

$2,400

Last 30 days

1%

Last year

4%

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$2,700
increased by42%

higher than the national median

Median rent price$2,000
increased by5%

higher than the national median

Takeaway

The median rent for all rentals in South Loop, Chicago, IL is 35% 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

$2,000

increased by9%

Last year

Austin

$1,300

decreased by16%

Last year

Bridgeport

$1,700

increased by36%

Last year

Douglas

$1,535

decreased by8%

Last year

Loop

$2,760

increased by6%

Last year

Lower West Side

$1,974

increased by12%

Last year

Apartments for rent in Addison

Discover rentals in South Loop, Chicago, IL

21st Street Lofts by 3L Living - Photo 1 of 1

2d ago

8.5

Very good

21st Street Lofts by 3L Living

61 E 21st St, Chicago, IL 60616

Studio–1 bed

1 bath

$1,399–$1,829

Apartment for rent

2101 Michigan - Photo 1 of 1
Rent special

16h ago

8.5

Very good

2101 Michigan

2101 S Michigan Ave, Chicago, IL 60616

Studio–3 beds

1 bath

$1,815–$3,037

Apartment for rent

1312 S Wabash Ave Apt 6 #Apt 6 - Photo 1 of 1
No deposit

5d+ ago

South Loop apartment for rent in Chicago

APARTMENT - Chicago, IL

1312 S Wabash Ave Apt 6 #Apt 6, Chicago, IL 60605

1 bed

1 bath

$1,850

Apartment for rent

212 E Cullerton St ##1010 - Photo 1 of 1

5d+ ago

South Loop apartment for rent in Chicago

Apartment for rent

Woodland Park - Photo 1 of 1
No deposit
3D tour

5d+ ago

9.1

Excellent

Woodland Park

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

2 beds

2 baths

$2,195–$2,335

Price drop

Apartment for rent

Carriage House Lofts - Photo 1 of 1
Rent special

2h ago

8.2

Very good

Carriage House Lofts

1545 S State St, Chicago, IL 60605

1–3 beds

1–2 baths

$2,204–$3,571

Price drop

Apartment for rent

Call

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 1118 - Photo 1 of 1

5d+ ago

South Loop house for rent in Chicago

1720 S Michigan Ave Apt 1118, Chicago, IL 60616

2 beds

2 baths

$2,700

House for rent