Monthly Rent Report
West Loop Rent Report — November 2021
Asking rents in ZIP 60661, Chicago, from 45 listings.
Median 1BR rent in West Loop was $1,800 in November 2021, down 10.0% (−$200) from October 2021 and down 16.1% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,816. That puts West Loop $638 above the Chicago citywide 1BR median of $1,163. The month's figures are based on 45 listings across 4 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2021 | Vs. November 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,063 | +$43 (+2.1%) | +$599 (+40.9%) | $2,034 – $2,108 | 33 |
| 1BR | $1,800 | −$200 (-10.0%) | −$346 (-16.1%) | $1,800 – $1,816 | 3 |
| 2BR | $4,124 | +$884 (+27.3%) | +$1,424 (+52.7%) | $3,537 – $4,712 | 2 |
| 3BR | $5,217 | −$75 (-1.4%) | +$1,682 (+47.6%) | $5,217 – $5,217 | 7 |
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 | $2,063 | $921 | +$1,142 (+124.0%) |
| 1BR | $1,800 | $1,163 | +$638 (+54.8%) |
| 2BR | $4,124 | $1,535 | +$2,589 (+168.7%) |
| 3BR | $5,217 | $1,868 | +$3,350 (+179.4%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in November 2021.