Monthly Rent Report
West Loop Rent Report — September 2021
Asking rents in ZIP 60607, Chicago, from 893 listings.
Median 1BR rent in West Loop was $2,319 in September 2021, down 0.6% (−$13) from August 2021. The middle half of 1BR listings asked between $2,275 and $2,353. That puts West Loop $1,112 above the Chicago citywide 1BR median of $1,207. The month's figures are based on 893 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,989 | +$75 (+3.9%) | — | $1,914 – $2,023 | 92 |
| Studio | $1,902 | −$12 (-0.6%) | — | $1,729 – $2,076 | 83 |
| 1BR | $2,319 | −$13 (-0.6%) | — | $2,275 – $2,353 | 45 |
| 1BR | $2,350 | +$18 (+0.8%) | — | $1,916 – $2,624 | 334 |
| 2BR | $3,200 | +$108 (+3.5%) | — | $2,913 – $3,628 | 34 |
| 2BR | $3,400 | +$308 (+10.0%) | — | $2,712 – $3,745 | 239 |
| 3BR | $3,195 | −$55 (-1.7%) | — | $2,994 – $3,971 | 50 |
| 3BR | $5,999 | +$2,749 (+84.6%) | — | $4,399 – $5,999 | 7 |
| 4BR | $3,700 | +$400 (+12.1%) | — | $3,630 – $6,122 | 6 |
| 4BR | $2,000 | −$1,300 (-39.4%) | — | $2,000 – $2,000 | 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 | $1,989 | $998 | +$992 (+99.4%) |
| Studio | $1,902 | $998 | +$905 (+90.7%) |
| 1BR | $2,319 | $1,207 | +$1,112 (+92.1%) |
| 1BR | $2,350 | $1,207 | +$1,143 (+94.7%) |
| 2BR | $3,200 | $1,520 | +$1,680 (+110.5%) |
| 2BR | $3,400 | $1,520 | +$1,880 (+123.7%) |
| 3BR | $3,195 | $1,900 | +$1,295 (+68.2%) |
| 3BR | $5,999 | $1,900 | +$4,099 (+215.7%) |
| 4BR | $3,700 | $2,075 | +$1,625 (+78.3%) |
| 4BR | $2,000 | $2,075 | −$75 (-3.6%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2021.