Average Rent in South Loop, Chicago, IL

There are a total of 11 cities nearby South Loop. The average rent in South Loop is currently $2,424 per month. A total of 9 cities nearby have an average rent lower than that. Our records show that Berwyn, IL, with an average rent of $1,325, is the most affordable city nearby. In contrast, the most expensive city near South Loop, Chicago, IL is River Grove, IL. Monthly rents here are on average $3,318 per month.

Let's compare South Loop, Chicago, IL's rent against other top cities nearby by bedroom size. Typically, rent for studios in South Loop, Chicago, IL is 22.61% more expensive than other cities nearby. One bedrooms are about 29.79% more expensive. Two bedrooms in South Loop, Chicago, IL are about 28.13% more expensive. Finally, rent for three bedrooms are about 30.24% more expensive. Want more information? Check out the top 10 cities out of 11 total cities near South Loop, Chicago, IL in the following table.

There are a total of 24 neighborhoods in or near South Loop. Some of these neighborhoods include South Shore, Edgewater, and Englewood. We've included all of these top 24 neighborhoods in or near South Loop, Chicago, IL in the following table.

The average rent for these 24 neighborhoods in or near South Loop, Chicago, IL is currently around $2,346 per month. A total of 19 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $2,346. Interestingly, the neighborhoods' average rent is less than South Loop's average rent, which is actually $2,845. Out of all the neighborhoods in or near South Loop, South Shore has the most affordable average rent at $1,450 per month. Whereas, at $3,400 average rent per month, Near West Side is the most expensive neighborhood in or near South Loop. View the following table for more information.

There are a total of 24 counties located by South Loop, Chicago, IL. Some of these counties include Berwyn, IL, Worth, IL, and Oak Park, IL. The average rent for rentals in these counties is $2,473. That's roughly around $24 per sqft. A total of 21 counties have a lower average rent. The county that is the most affordable is Berwyn, IL. Its average rent per month is $1,325. Vice versa, with an average rent of $3,100, Wheatland, Naperville, IL is the most expensive county by South Loop, Chicago, IL.

Typically, rent for studios in South Loop, Chicago, IL is 24.79% more expensive than other counties nearby. In comparison, rent for one bedroom listings in South Loop, Chicago, IL is 30.59% more expensive than other counties nearby. Finally, rent for two bedrooms in South Loop, Chicago, IL is 29.69% more expensive than other counties nearby. We've listed the top 10 counties in the table below.

There are a total of 34 zipcodes in or near South Loop, Chicago, IL. The average rent for all of these zipcodes is $2,393. A total of 26 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60402, Berwyn, IL at $1,325 per month. In comparison, the zipcode with the most expensive average rent of $3,400 per month is 60607, Chicago, IL.

Studios in these zipcodes have an average rent of $1,480. That's at least $39 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near South Loop, Chicago, IL is $1,786 per month. Or in other words, $31 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,400 per month. Which comes out to $29 per sqft. The following table includes the top 10 zipcodes in South Loop, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.