Monthly Rent Report
West Loop Rent Report — November 2021
Asking rents in ZIP 60607, Chicago, from 156 listings.
Median 1BR rent in West Loop was $2,345 in November 2021, up 2.9% (+$67) from October 2021. The middle half of 1BR listings asked between $2,200 and $2,374. That puts West Loop $1,183 above the Chicago citywide 1BR median of $1,163. The month's figures are based on 156 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,062 | +$250 (+13.8%) | — | $2,018 – $2,151 | 58 |
| 1BR | $2,345 | +$67 (+2.9%) | — | $2,200 – $2,374 | 19 |
| 2BR | $3,018 | −$246 (-7.5%) | — | $2,996 – $3,220 | 65 |
| 3BR | $4,238 | −$1,352 (-24.2%) | — | $3,379 – $4,736 | 11 |
| 4BR | $6,893 | +$4,493 (+187.2%) | — | $4,644 – $6,911 | 3 |
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 | $2,062 | $921 | +$1,141 (+123.8%) |
| 1BR | $2,345 | $1,163 | +$1,183 (+101.7%) |
| 2BR | $3,018 | $1,535 | +$1,483 (+96.6%) |
| 3BR | $4,238 | $1,868 | +$2,371 (+126.9%) |
| 4BR | $6,893 | $2,325 | +$4,568 (+196.5%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2021.