Monthly Rent Report
West Loop Rent Report — September 2021
Asking rents in ZIP 60661, Chicago, from 1,920 listings.
Median 1BR rent in West Loop was $2,343 in September 2021, up 0.0% (+$1) from August 2021 and up 25.0% year-over-year. The middle half of 1BR listings asked between $2,133 and $2,523. That puts West Loop $1,136 above the Chicago citywide 1BR median of $1,207. The month's figures are based on 1,920 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2021 | Vs. September 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,952 | +$5 (+0.3%) | +$442 (+29.3%) | $1,784 – $2,116 | 477 |
| Studio | $1,950 | +$3 (+0.2%) | +$440 (+29.1%) | $1,941 – $1,976 | 13 |
| 1BR | $2,343 | +$1 (+0.0%) | +$469 (+25.0%) | $2,133 – $2,523 | 789 |
| 1BR | $2,200 | −$142 (-6.1%) | +$326 (+17.4%) | $2,182 – $2,250 | 3 |
| 2BR | $3,365 | −$75 (-2.2%) | +$375 (+12.5%) | $3,184 – $3,874 | 509 |
| 2BR | $3,240 | −$200 (-5.8%) | +$250 (+8.4%) | $3,240 – $3,240 | 1 |
| 3BR | $5,634 | −$458 (-7.5%) | +$195 (+3.6%) | $5,325 – $6,099 | 126 |
| 3BR | $5,346 | −$746 (-12.2%) | −$93 (-1.7%) | $5,336 – $5,357 | 2 |
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 | $1,952 | $998 | +$955 (+95.7%) |
| Studio | $1,950 | $998 | +$953 (+95.5%) |
| 1BR | $2,343 | $1,207 | +$1,136 (+94.1%) |
| 1BR | $2,200 | $1,207 | +$993 (+82.2%) |
| 2BR | $3,365 | $1,520 | +$1,845 (+121.4%) |
| 2BR | $3,240 | $1,520 | +$1,720 (+113.2%) |
| 3BR | $5,634 | $1,900 | +$3,734 (+196.5%) |
| 3BR | $5,346 | $1,900 | +$3,446 (+181.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in September 2021.