Monthly Rent Report
Loop Rent Report — October 2021
Asking rents in ZIP 60603, Chicago, from 6 listings.
Median 1BR rent in Loop was $2,225 in October 2021, up 6.7% (+$140) from September 2021 and up 23.6% year-over-year. The middle half of 1BR listings asked between $2,088 and $2,363. That puts Loop $1,030 above the Chicago citywide 1BR median of $1,195. The month's figures are based on 6 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2021 | Vs. October 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,734 | $0 (0.0%) | −$156 (-8.3%) | $1,734 – $1,734 | 3 |
| 1BR | $2,225 | +$140 (+6.7%) | +$425 (+23.6%) | $2,088 – $2,363 | 2 |
| 2BR | $2,914 | +$302 (+11.5%) | +$114 (+4.1%) | $2,914 – $2,914 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2021. Changes compare against the nearest prior month with data.
Loop vs. Chicago — October 2021
| Bedrooms | Loop Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,734 | $950 | +$784 (+82.5%) |
| 1BR | $2,225 | $1,195 | +$1,030 (+86.2%) |
| 2BR | $2,914 | $1,371 | +$1,543 (+112.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2021.