Bedroom count

Property type

Last updated on May 3, 2026

Average rent in
South Loop, Chicago, IL

Last updated on May 3, 2026

Last updated on May 3, 2026

Bedroom count

Property type

As of May 2026, the median rent for all bedroom counts and property types in South Loop, Chicago, IL is $2,689. This is +38%, or $739, higher than the national average.

$3.14

average price per square foot

Median rent

$2,689

increased by5%
over the previous yearvs previous year

Total rentals

212

for rent on Zumper.com

As of May 2026, the median rent for all bedroom counts and property types in South Loop, Chicago, IL is $2,689. This is +38%, or $739, higher than the national average.

$3.14

average price per square foot

Rent ranges

1%
63%
31%
1%
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 decreased by 4% in the last month and have increased by 5% 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 $2,656. A 1-bedroom apartment in South Loop, Chicago, IL costs about $2,447 on average, while a 2-bedroom apartment is $3,199. Houses for rent in South Loop, Chicago, IL are more expensive, with an average monthly cost of $3,050.

Comparables

1 bedroom

$2,420

No Change

4%

2 bedroom

$3,149

No Change

2%

3 bedroom

$4,000

1%

1%

4 bedroom

$2,800

6%

20%

Studio

$2,129

No Change

4%

Studio

Average rent

$2,129

Last 30 days

No Change

Last year

4%

1 bedroom

Average rent

$2,420

Last 30 days

No Change

Last year

4%

2 bedroom

Average rent

$3,149

Last 30 days

No Change

Last year

2%

3 bedroom

Average rent

$4,000

Last 30 days

1%

Last year

1%

4 bedroom

Average rent

$2,800

Last 30 days

6%

Last year

20%

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$2,689
increased by38%

higher than the national median

Median rent price$1,800
decreased by8%

lower than the national median

Takeaway

The median rent for all rentals in South Loop, Chicago, IL is 49% 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

$1,800

decreased by6%

Last year

Austin

$1,375

Flat

Last year

Bridgeport

$1,695

increased by36%

Last year

Douglas

$1,528

Flat

Last year

Loop

$2,765

increased by10%

Last year

Lower West Side

$1,999

increased by14%

Last year

Apartments for rent in Aurora

Discover rentals in South Loop, Chicago, IL

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

14h 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

345 E Eastgate Pl #405 - Photo 1 of 1

2d ago

South Loop condo for rent in Chicago

1 bed

1 bath

$1,750

Condo for rent

Available Jun 1

Carriage House Lofts - Photo 1 of 1
Rent special

1d ago

8.8

Very good

Carriage House Lofts

1545 S State St, Chicago, IL 60605

1–3 beds

1–2 baths

$2,245–$3,630

Price drop

Apartment for rent

Call

Woodland Park - Photo 1 of 1

5d+ ago

9.1

Excellent

Woodland Park

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

2 beds

2 baths

$2,295–$2,395

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

1620 S Michigan Ave #825 - Photo 1 of 1

4d ago

South Loop condo for rent in Chicago

Condo for rent

Available Jul 1

1935 S Wabash Ave #2-2 - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

2 beds

2 baths

$2,879

$2,648

Price drop

Apartment for rent

1720 S Michigan Ave #1118 - Photo 1 of 1

5d+ ago

South Loop house for rent in Chicago

1720 S Michigan Ave #1118, Chicago, IL 60616

2 beds

2 baths

$2,700

House for rent