Monthly Rent Report
Loop Rent Report — September 2021
Asking rents in ZIP 60603, Chicago, from 23 listings.
Median 1BR rent in Loop was $2,246 in September 2021, up 2.1% (+$46) from August 2021 and up 8.4% year-over-year. The middle half of 1BR listings asked between $2,101 and $2,500. That puts Loop $1,039 above the Chicago citywide 1BR median of $1,207. The month's figures are based on 23 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2021 | Vs. September 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,734 | −$271 (-13.5%) | −$156 (-8.3%) | $1,734 – $1,734 | 2 |
| Studio | $1,734 | −$271 (-13.5%) | −$156 (-8.3%) | $1,734 – $1,734 | 2 |
| 1BR | $2,246 | +$46 (+2.1%) | +$174 (+8.4%) | $2,101 – $2,500 | 9 |
| 1BR | $2,085 | −$115 (-5.2%) | +$13 (+0.6%) | $2,085 – $2,085 | 1 |
| 2BR | $2,613 | −$987 (-27.4%) | −$587 (-18.4%) | $2,475 – $2,818 | 4 |
| 2BR | $2,835 | −$765 (-21.3%) | −$365 (-11.4%) | $2,835 – $2,835 | 1 |
| 3BR | $1,498 | −$2 (-0.2%) | −$8,502 (-85.0%) | $1,496 – $1,499 | 2 |
| 3BR | $1,498 | −$2 (-0.2%) | −$8,502 (-85.0%) | $1,496 – $1,499 | 2 |
Median, P25, and P75 are asking rents from listings posted in September 2021. Changes compare against the nearest prior month with data.
Loop vs. Chicago — September 2021
| Bedrooms | Loop Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,734 | $998 | +$737 (+73.8%) |
| Studio | $1,734 | $998 | +$737 (+73.8%) |
| 1BR | $2,246 | $1,207 | +$1,039 (+86.0%) |
| 1BR | $2,085 | $1,207 | +$878 (+72.7%) |
| 2BR | $2,613 | $1,520 | +$1,093 (+71.9%) |
| 2BR | $2,835 | $1,520 | +$1,315 (+86.5%) |
| 3BR | $1,498 | $1,900 | −$402 (-21.2%) |
| 3BR | $1,498 | $1,900 | −$402 (-21.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2021.