Monthly Rent Report
West Loop Rent Report — January 2021
Asking rents in ZIP 60661, Chicago, from 11 listings.
Median 1BR rent in West Loop was $2,267 in January 2021, flat versus December 2020 and up 7.2% year-over-year. The middle half of 1BR listings asked between $2,045 and $2,418. That puts West Loop $1,172 above the Chicago citywide 1BR median of $1,095. The month's figures are based on 11 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2020 | Vs. January 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,779 | $0 (0.0%) | +$139 (+8.5%) | $1,779 – $1,779 | 1 |
| 1BR | $2,267 | $0 (0.0%) | +$152 (+7.2%) | $2,045 – $2,418 | 4 |
| 2BR | $2,575 | −$225 (-8.0%) | −$686 (-21.0%) | $2,450 – $2,700 | 4 |
| 3BR | $4,556 | $0 (0.0%) | −$579 (-11.3%) | $4,403 – $4,708 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2021. Changes compare against the nearest prior month with data.
West Loop vs. Chicago — January 2021
| Bedrooms | West Loop Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,779 | $1,010 | +$769 (+76.1%) |
| 1BR | $2,267 | $1,095 | +$1,172 (+107.0%) |
| 2BR | $2,575 | $1,400 | +$1,175 (+83.9%) |
| 3BR | $4,556 | $1,798 | +$2,758 (+153.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in January 2021.