Monthly Rent Report
West Loop Rent Report — June 2021
Asking rents in ZIP 60606, Chicago, from 564 listings.
Median 1BR rent in West Loop was $2,235 in June 2021, down 2.7% (−$62) from May 2021 and down 7.0% year-over-year. The middle half of 1BR listings asked between $2,105 and $2,359. That puts West Loop $995 above the Chicago citywide 1BR median of $1,240. The month's figures are based on 564 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2021 | Vs. June 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,921 | +$136 (+7.6%) | +$46 (+2.5%) | $1,775 – $2,165 | 173 |
| Studio | $2,046 | +$261 (+14.6%) | +$171 (+9.1%) | $1,930 – $2,104 | 15 |
| 1BR | $2,235 | −$62 (-2.7%) | −$169 (-7.0%) | $2,105 – $2,359 | 249 |
| 1BR | $2,252 | −$45 (-2.0%) | −$152 (-6.3%) | $2,175 – $2,323 | 83 |
| 2BR | $3,135 | +$28 (+0.9%) | −$80 (-2.5%) | $2,829 – $3,239 | 38 |
| 2BR | $2,867 | −$240 (-7.7%) | −$348 (-10.8%) | $2,822 – $2,941 | 4 |
| 3BR | $3,995 | +$1,595 (+66.5%) | −$1,005 (-20.1%) | $3,995 – $3,995 | 1 |
| 3BR | $3,995 | +$1,595 (+66.5%) | −$1,005 (-20.1%) | $3,995 – $3,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2021. Changes compare against the nearest prior month with data.
West Loop vs. Chicago — June 2021
| Bedrooms | West Loop Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,921 | $1,085 | +$836 (+77.1%) |
| Studio | $2,046 | $1,085 | +$961 (+88.6%) |
| 1BR | $2,235 | $1,240 | +$995 (+80.2%) |
| 1BR | $2,252 | $1,240 | +$1,012 (+81.6%) |
| 2BR | $3,135 | $1,579 | +$1,556 (+98.6%) |
| 2BR | $2,867 | $1,579 | +$1,288 (+81.6%) |
| 3BR | $3,995 | $1,813 | +$2,183 (+120.4%) |
| 3BR | $3,995 | $1,813 | +$2,183 (+120.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in June 2021.