Monthly Rent Report
West Loop Rent Report — December 2021
Asking rents in ZIP 60606, Chicago, from 63 listings.
Median 1BR rent in West Loop was $2,401 in December 2021, up 2.0% (+$46) from November 2021 and up 6.2% year-over-year. The middle half of 1BR listings asked between $2,113 and $2,401. That puts West Loop $1,201 above the Chicago citywide 1BR median of $1,200. The month's figures are based on 63 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2021 | Vs. December 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,128 | +$363 (+20.6%) | +$512 (+31.7%) | $1,853 – $2,153 | 15 |
| 1BR | $2,401 | +$46 (+2.0%) | +$140 (+6.2%) | $2,113 – $2,401 | 30 |
| 2BR | $2,996 | −$37 (-1.2%) | +$1,421 (+90.2%) | $2,996 – $2,996 | 14 |
| 3BR | $4,617 | +$225 (+5.1%) | −$1,590 (-25.6%) | $4,413 – $4,817 | 4 |
Median, P25, and P75 are asking rents from listings posted in December 2021. Changes compare against the nearest prior month with data.
West Loop vs. Chicago — December 2021
| Bedrooms | West Loop Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,128 | $975 | +$1,153 (+118.3%) |
| 1BR | $2,401 | $1,200 | +$1,201 (+100.1%) |
| 2BR | $2,996 | $1,500 | +$1,496 (+99.7%) |
| 3BR | $4,617 | $1,800 | +$2,817 (+156.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2021.