Bedroom count
Property type
Last updated on June 17, 2026
Average rent in
South Loop, Chicago, IL
Average rent in
Last updated on June 17, 2026
Bedroom count
Property type
Median rent
Median rent in South Loop
$2,699/mo
3%vs previous year
The average rent in South Loop is $2,699 per month as of June 2026. This is 38% above the national average rent, or $749 more per month.
average price per square foot
Total rentals
Available rentals in South Loop
198
for rent on Zumper.com as of June 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 decreased by 3% over the last month and have increased by 3% 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 $2,589, whereas a house costs $3,342. 1-bedroom apartments in South Loop run $2,446 on average, while 2-bedroom apartments are $3,209.
Listings | ||||
|---|---|---|---|---|
Studio | $2,108 | 1% |  3% | |
1 bedroom | $2,430 | 1% | 4% | |
2 bedroom | $3,205 | 2% | 2% | |
3 bedroom | $4,200 | No Change | 2% | |
4 bedroom | $10,125 | 8% | 16% |
Listings | ||
|---|---|---|
Armour Square | $2,100 | |
Austin | $1,432 | |
Bridgeport | $1,799 | |
Douglas | $1,576 | |
Loop | $2,800 | |
Lower West Side | $2,000 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,589 | 2% | No Change | |
Condos | $2,825 | 1% | No Change | |
Houses | $3,342 | No Change | No Change |
Studio
Average rent
$2,108
Last 30 days
1%
Last year
3%
1 bedroom
Average rent
$2,430
Last 30 days
1%
Last year
4%
2 bedroom
Average rent
$3,205
Last 30 days
2%
Last year
2%
3 bedroom
Average rent
$4,200
Last 30 days
No Change
Last year
2%
4 bedroom
Average rent
$10,125
Last 30 days
8%
Last year
16%
Armour Square
Average rent
$2,100
Austin
Average rent
$1,432
Bridgeport
Average rent
$1,799
Douglas
Average rent
$1,576
Loop
Average rent
$2,800
Lower West Side
Average rent
$2,000
Apartments
Average rent
$2,589
Last 30 days
2%
Condos
Average rent
$2,825
Last 30 days
1%
Houses
Average rent
$3,342
Last 30 days
No Change
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
38%higher than the national median
8%higher than the national median
Takeaway
The median rent for all rentals in South Loop, Chicago, IL is 29% 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
1d ago
61 E 21st St, Chicago, IL 60616
Studio–1 bed
1 bath
$1,429–$1,829
Apartment for rent
5d+ ago
South Loop condo for rent in Chicago
1 bed
1 bath
$1,600
Condo for rent
5d+ ago
Verified
1 bed
1 bath
$2,070
$1,850
Price drop
Apartment for rent
1h ago
1545 S State St, Chicago, IL 60605
1–3 beds
1–2 baths
$2,273–$3,889
Price drop
Apartment for rent
1d ago
Verified
3 beds
2.5 baths
$43,904
Apartment for rent
1d ago
Verified
2 beds
2 baths
$37,253
Apartment for rent
1d ago
Verified
1 bed
1.5 baths
$34,953
Apartment for rent
1d ago
Verified
2 beds
2 baths
$33,783
Apartment for rent
5d+ ago
Verified
3 beds
2 baths
$3,695
Apartment for rent
4h ago
Verified
2 beds
2 baths
$30,703
Apartment for rent
4h ago
Verified
1 bed
1 bath
$23,902
Apartment for rent
4h ago
Verified
1 bed
1 bath
$30,393
Apartment for rent
4h ago
Verified
2 beds
2 baths
$30,703
Apartment for rent
4h ago
Verified
1 bed
1 bath
$19,951
Apartment for rent
1d ago
Verified
2 beds
2 baths
$33,783
Apartment for rent
1d ago
Verified
1 bed
1 bath
$22,952
Apartment for rent
5d+ ago
Verified
320 E 21st St #515, Chicago, IL 60616
2 beds
2 baths
$2,700
Condo for rent
Available Jul 6
5d+ ago
Verified
3 beds
2 baths
$3,695
Apartment for rent
1d ago
Verified
1 bed
1 bath
$2,150
Apartment for rent
Available Aug 1
1d ago
Verified
2 beds
1 bath
$2,700
Condo for rent
Available Aug 1
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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 $2,699 per month as of June 13, 2026.
Is rent up or down in South Loop?
Average rent prices in South Loop have decreased by 3% over the last month and have increased by 3% since last year.
How does South Loop rent compare to the national average?
Rent in South Loop is 38% above the national average, which means renters are paying approximately $749 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 $108,000/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).