Monthly Rent Report
West Loop Rent Report — October 2021
Asking rents in ZIP 60607, Chicago, from 184 listings.
Median 1BR rent in West Loop was $2,278 in October 2021, down 1.8% (−$41) from September 2021. The middle half of 1BR listings asked between $2,119 and $2,445. That puts West Loop $1,083 above the Chicago citywide 1BR median of $1,195. The month's figures are based on 184 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,812 | −$177 (-8.9%) | — | $1,702 – $1,907 | 111 |
| 1BR | $2,278 | −$41 (-1.8%) | — | $2,119 – $2,445 | 21 |
| 2BR | $3,264 | +$65 (+2.0%) | — | $3,131 – $3,564 | 41 |
| 3BR | $5,590 | −$409 (-6.8%) | — | $4,362 – $5,909 | 8 |
| 4BR | $2,400 | +$400 (+20.0%) | — | $2,400 – $2,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2021. Changes compare against the nearest prior month with data.
West Loop vs. Chicago — October 2021
| Bedrooms | West Loop Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,812 | $950 | +$862 (+90.7%) |
| 1BR | $2,278 | $1,195 | +$1,083 (+90.6%) |
| 2BR | $3,264 | $1,371 | +$1,893 (+138.0%) |
| 3BR | $5,590 | $1,795 | +$3,795 (+211.4%) |
| 4BR | $2,400 | $2,200 | +$200 (+9.1%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in October 2021.