Monthly Rent Report
West Loop Rent Report — December 2021
Asking rents in ZIP 60607, Chicago, from 168 listings.
Median 1BR rent in West Loop was $2,340 in December 2021, down 0.2% (−$5) from November 2021. The middle half of 1BR listings asked between $2,203 and $2,409. That puts West Loop $1,140 above the Chicago citywide 1BR median of $1,200. The month's figures are based on 168 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,032 | −$29 (-1.4%) | — | $1,986 – $2,139 | 57 |
| 1BR | $2,340 | −$5 (-0.2%) | — | $2,203 – $2,409 | 39 |
| 2BR | $2,987 | −$31 (-1.0%) | — | $2,950 – $3,144 | 61 |
| 3BR | $3,729 | −$509 (-12.0%) | — | $2,767 – $4,548 | 4 |
| 4BR | $3,200 | −$3,693 (-53.6%) | — | $2,900 – $6,938 | 7 |
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 | $2,032 | $975 | +$1,057 (+108.4%) |
| 1BR | $2,340 | $1,200 | +$1,140 (+95.0%) |
| 2BR | $2,987 | $1,500 | +$1,487 (+99.1%) |
| 3BR | $3,729 | $1,800 | +$1,929 (+107.1%) |
| 4BR | $3,200 | $1,944 | +$1,257 (+64.7%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in December 2021.