Monthly Rent Report
Loop Rent Report — November 2021
Asking rents in ZIP 60603, Chicago, from 8 listings.
Median 1BR rent in Loop was $2,300 in November 2021, up 3.4% (+$75) from October 2021 and up 29.6% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,400. That puts Loop $1,138 above the Chicago citywide 1BR median of $1,163. The month's figures are based on 8 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2021 | Vs. November 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,734 | $0 (0.0%) | −$156 (-8.3%) | $1,719 – $1,734 | 5 |
| 1BR | $2,300 | +$75 (+3.4%) | +$525 (+29.6%) | $2,200 – $2,400 | 2 |
| 2BR | $1,901 | −$1,013 (-34.8%) | −$224 (-10.5%) | $1,901 – $1,901 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2021. Changes compare against the nearest prior month with data.
Loop vs. Chicago — November 2021
| Bedrooms | Loop Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,734 | $921 | +$813 (+88.3%) |
| 1BR | $2,300 | $1,163 | +$1,138 (+97.8%) |
| 2BR | $1,901 | $1,535 | +$366 (+23.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2021.