Monthly Rent Report
Loop Rent Report — December 2021
Asking rents in ZIP 60603, Chicago, from 6 listings.
Median 1BR rent in Loop was $2,400 in December 2021, up 4.3% (+$100) from November 2021 and up 26.3% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,550. That puts Loop $1,200 above the Chicago citywide 1BR median of $1,200. The month's figures are based on 6 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2021 | Vs. December 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,898 | +$164 (+9.5%) | +$8 (+0.4%) | $1,898 – $2,041 | 3 |
| 1BR | $2,400 | +$100 (+4.3%) | +$500 (+26.3%) | $2,250 – $2,550 | 2 |
| 2BR | $1,637 | −$264 (-13.9%) | −$813 (-33.2%) | $1,637 – $1,637 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2021. Changes compare against the nearest prior month with data.
Loop vs. Chicago — December 2021
| Bedrooms | Loop Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,898 | $975 | +$923 (+94.7%) |
| 1BR | $2,400 | $1,200 | +$1,200 (+100.0%) |
| 2BR | $1,637 | $1,500 | +$137 (+9.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2021.