Monthly Rent Report
West Loop Rent Report — November 2021
Asking rents in ZIP 60606, Chicago, from 110 listings.
Median 1BR rent in West Loop was $2,355 in November 2021, up 2.4% (+$56) from October 2021 and up 12.1% year-over-year. The middle half of 1BR listings asked between $2,157 and $2,361. That puts West Loop $1,193 above the Chicago citywide 1BR median of $1,163. The month's figures are based on 110 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2021 | Vs. November 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,765 | −$38 (-2.1%) | +$110 (+6.6%) | $1,688 – $1,768 | 37 |
| 1BR | $2,355 | +$56 (+2.4%) | +$255 (+12.1%) | $2,157 – $2,361 | 45 |
| 2BR | $3,033 | −$86 (-2.8%) | +$286 (+10.4%) | $2,960 – $3,061 | 27 |
| 3BR | $4,392 | −$773 (-15.0%) | −$1,836 (-29.5%) | $4,392 – $4,392 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2021. Changes compare against the nearest prior month with data.
West Loop vs. Chicago — November 2021
| Bedrooms | West Loop Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,765 | $921 | +$844 (+91.6%) |
| 1BR | $2,355 | $1,163 | +$1,193 (+102.6%) |
| 2BR | $3,033 | $1,535 | +$1,498 (+97.6%) |
| 3BR | $4,392 | $1,868 | +$2,525 (+135.2%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2021.