Bedroom count
Property type
Last updated on October 31, 2026
Average rent in
South Loop, Chicago, IL
Average rent in
Last updated on October 31, 2026
Bedroom count
Property type
Median rent
Median rent in South Loop
$2,800/mo
2%vs previous year
The average rent in South Loop is $2,800 per month as of October 2026. This is 47% above the national average rent, or $900 more per month.
average price per square foot
Total rentals
Available rentals in South Loop
392
for rent on Zumper.com as of October 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 10% over the last month and have increased by 2% 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 $2,775, whereas a house costs $3,195. 1-bedroom apartments in South Loop run $2,547 on average, while 2-bedroom apartments are $3,344.
Listings | ||||
|---|---|---|---|---|
Studio | $2,227 | 2% | 8% | |
1 bedroom | $2,496 | 6% | 9% | |
2 bedroom | $3,300 | 1% | 10% | |
3 bedroom | $4,800 |  1% | 7% | |
4 bedroom | $4,300 | No Change | 61% |
Listings | ||
|---|---|---|
Armour Square | $1,950 | |
Austin | $1,350 | |
Bridgeport | $1,825 | |
Douglas | $1,476 | |
Loop | $2,727 | |
Lower West Side | $2,195 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,775 | 13% | 3% | |
Condos | $2,800 | 4% | 5% | |
Houses | $3,195 | 1% | 10% |
Studio
Average rent
$2,227
Last 30 days
2%
Last year
8%
1 bedroom
Average rent
$2,496
Last 30 days
6%
Last year
9%
2 bedroom
Average rent
$3,300
Last 30 days
1%
Last year
10%
3 bedroom
Average rent
$4,800
Last 30 days
1%
Last year
7%
4 bedroom
Average rent
$4,300
Last year
61%
Armour Square
Average rent
$1,950
Austin
Average rent
$1,350
Bridgeport
Average rent
$1,825
Douglas
Average rent
$1,476
Loop
Average rent
$2,727
Lower West Side
Average rent
$2,195
Apartments
Average rent
$2,775
Last 30 days
13%
Last year
3%
Condos
Average rent
$2,800
Last 30 days
4%
Last year
5%
Houses
Average rent
$3,195
Last 30 days
1%
Last year
10%
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
47%higher than the national median
3%higher than the national median
Takeaway
The median rent for all rentals in South Loop, Chicago, IL is 44% 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
3d ago
61 E 21st St, Chicago, IL 60616
Studio–2 beds
1–2 baths
$1,479–$2,699
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
9h ago
South Loop condo for rent in Chicago
345 E Eastgate Pl #604, Chicago, IL 60616
1 bed
1 bath
$1,600
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Condo for rent
5d+ ago
South Loop condo for rent in Chicago
1 bed
1 bath
$1,600
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Condo for rent
19h ago
Verified
1 bed
1 bath
$1,782
Price dropped $140Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1d ago
Verified
3 beds
2 baths
$23,381
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Condo for rent
5d+ ago
Verified
3 beds
3 baths
$7,915
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
South Loop apartment for rent in Chicago
1223 S Michigan Ave, Chicago, IL 60605
3 beds
3.5 baths
$7,600
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Oct 17
5d+ ago
South Loop apartment for rent in Chicago
2545 S Dearborn St #520, Chicago, IL 60616
2 beds
2 baths
$7,500
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
Verified
1515 S Prairie Ave #814, Chicago, IL 60605
2 beds
2 baths
$3,300
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Condo for rent
Available Nov 1
19h ago
Verified
3 beds
2 baths
$7,427
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
19h ago
Verified
2 beds
2 baths
$4,687
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
19h ago
Verified
1 bed
1 bath
$2,300
Price dropped $319Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
Verified
1515 S Prairie Ave #814, Chicago, IL 60605
2 beds
2 baths
$3,300
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Condo for rent
Available Nov 1
1d ago
Verified
2 beds
2 baths
$3,163
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1d ago
Verified
1 bed
1 bath
$2,400
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1d ago
Verified
1 bed
1 bath
$2,300
Price dropped $343Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
19h ago
Verified
1 bed
1 bath
$2,300
Price dropped $319Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
19h ago
Verified
1 bed
1 bath
$1,782
Price dropped $140Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1d ago
Verified
2 beds
2 baths
$3,163
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1d ago
Verified
1 bed
1 bath
$2,300
Price dropped $343Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.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 $2,800 per month as of October 31, 2026.
Is rent up or down in South Loop?
Average rent prices in South Loop have increased by 10% over the last month and have increased by 2% since last year.
How does South Loop rent compare to the national average?
Rent in South Loop is 47% above the national average, which means renters are paying approximately $900 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 $112,000/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).