Monthly Rent Report
West Loop Rent Report — September 2021
Asking rents in ZIP 60606, Chicago, from 449 listings.
Median 1BR rent in West Loop was $2,235 in September 2021, down 2.8% (−$64) from August 2021 and up 1.8% year-over-year. The middle half of 1BR listings asked between $2,176 and $2,371. That puts West Loop $1,028 above the Chicago citywide 1BR median of $1,207. The month's figures are based on 449 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2021 | Vs. September 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,892 | −$222 (-10.5%) | +$78 (+4.3%) | $1,820 – $1,967 | 46 |
| Studio | $1,925 | −$189 (-8.9%) | +$111 (+6.1%) | $1,826 – $2,155 | 116 |
| 1BR | $2,235 | −$64 (-2.8%) | +$40 (+1.8%) | $2,176 – $2,371 | 38 |
| 1BR | $2,288 | −$11 (-0.5%) | +$93 (+4.2%) | $2,232 – $2,461 | 195 |
| 2BR | $3,134 | −$276 (-8.1%) | +$1,139 (+57.1%) | $2,726 – $3,515 | 35 |
| 2BR | $3,129 | −$281 (-8.2%) | +$1,134 (+56.8%) | $2,725 – $3,129 | 13 |
| 3BR | $4,073 | −$2,278 (-35.9%) | −$2,159 (-34.6%) | $4,058 – $4,833 | 5 |
| 3BR | $5,574 | −$777 (-12.2%) | −$658 (-10.6%) | $5,574 – $5,574 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2021. Changes compare against the nearest prior month with data.
West Loop vs. Chicago — September 2021
| Bedrooms | West Loop Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,892 | $998 | +$894 (+89.6%) |
| Studio | $1,925 | $998 | +$928 (+93.0%) |
| 1BR | $2,235 | $1,207 | +$1,028 (+85.1%) |
| 1BR | $2,288 | $1,207 | +$1,081 (+89.5%) |
| 2BR | $3,134 | $1,520 | +$1,614 (+106.2%) |
| 2BR | $3,129 | $1,520 | +$1,609 (+105.9%) |
| 3BR | $4,073 | $1,900 | +$2,173 (+114.4%) |
| 3BR | $5,574 | $1,900 | +$3,674 (+193.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2021.