Monthly Rent Report
Loop Rent Report — April 2022
Asking rents in ZIP 60603, Chicago, from 6 listings.
Median 1BR rent in Loop was $2,188 in April 2022, up 1.7% (+$38) from March 2022 and up 15.1% year-over-year. The middle half of 1BR listings asked between $1,981 and $2,394. That puts Loop $954 above the Chicago citywide 1BR median of $1,234. The month's figures are based on 6 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2022 | Vs. April 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,595 | $0 (0.0%) | +$284 (+21.7%) | $1,595 – $1,595 | 1 |
| 1BR | $2,188 | +$38 (+1.7%) | +$288 (+15.1%) | $1,981 – $2,394 | 2 |
| 2BR | $3,570 | +$1,638 (+84.8%) | +$1,670 (+87.9%) | $3,317 – $3,570 | 3 |
Median, P25, and P75 are asking rents from listings posted in April 2022. Changes compare against the nearest prior month with data.
Loop vs. Chicago — April 2022
| Bedrooms | Loop Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,595 | $1,085 | +$510 (+47.0%) |
| 1BR | $2,188 | $1,234 | +$954 (+77.3%) |
| 2BR | $3,570 | $1,495 | +$2,075 (+138.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in April 2022.