Average Rent in West Loop, Chicago, IL

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Current Versus Historical West Loop, Chicago, IL Rents

West Loop rentals average $2,035 for a studio rental to $4,195 for a 4-bedroom rental. The median price of all currently available listings is $2,700, or roughly $40 per square feet.

For the apartment units and housing in June 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $417 (22.74%) year-over-year from $1,833 to $2,250. 1-bedroom rentals prices have increased by $120 (4.80%) year-over-year from $2,505 to $2,625. 2-bedroom rentals prices have increased by $680 (21.03%) year-over-year from $3,233 to $3,913. 3-bedroom rentals prices have increased by $1,399 (28.85%) year-over-year from $4,849 to $6,248. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $4,195 to $4,195. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 14.60% this month. 1-bedroom rents have gone up by 0.59% this month. 2-bedroom rents have gone up by 1.85% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 24.02% this month.

Beds	Price / Sqft	Jun 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$46.37	$2,250	$1,833 (22.74%)	$1,816 (23.90%)
1 BR	$41.17	$2,625	$2,505 (4.80%)	$2,420 (8.48%)
2 BR	$38.93	$3,913	$3,233 (21.03%)	$3,243 (20.65%)
4+ BR	N/A	$4,195	$4,195 (0.00%)	$4,195 (0.00%)

Historical Rents in West Loop, Chicago, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near West Loop

There are a total of 12 cities nearby West Loop. The average rent in West Loop is currently $2,348 per month. A total of 9 cities nearby have an average rent lower than that. Our records show that Cicero, IL, with an average rent of $1,150, is the most affordable city nearby. In contrast, the most expensive city near West Loop, Chicago, IL is River Grove, IL. Monthly rents here are on average $3,340 per month.

Let's compare West Loop, Chicago, IL's rent against other top cities nearby by bedroom size. Typically, rent for studios in West Loop, Chicago, IL is 44.16% more expensive than other cities nearby. One bedrooms are about 36.73% more expensive. Two bedrooms in West Loop, Chicago, IL are about 41.42% more expensive. Want more information? Check out the top 10 cities out of 12 total cities near West Loop, Chicago, IL in the following table.

City	Studio	1 Bed	2 Bed	All
Cicero, IL	$895	$1,050	$1,600	$1,150
Berwyn, IL	$1,085	$1,300	$1,800	$1,400
Oak Park, IL	$1,595	$1,575	$2,300	$1,800
Chicago, IL	$1,550	$2,045	$2,400	$2,205
Schaumburg, IL	N/A	$2,032	$2,300	$2,300
Naperville, IL	N/A	$1,799	$2,433	$2,550
Evanston, IL	$2,500	$2,273	$2,550	$2,650
Skokie, IL	N/A	$1,625	$2,300	$2,750
Vernon Hills, IL	N/A	$2,038	$2,300	$2,820
River Grove, IL	$1,335	$1,450	$3,340	$3,340

Top Neighborhoods Near West Loop

There are a total of 29 neighborhoods in or near West Loop. Some of these neighborhoods include Englewood, South Shore, and Edgewater. We've included all of these top 29 neighborhoods in or near West Loop, Chicago, IL in the following table.

The average rent for these 29 neighborhoods in or near West Loop, Chicago, IL is currently around $2,395 per month. A total of 21 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $2,395. Interestingly, the neighborhoods' average rent is less than West Loop's average rent, which is actually $2,700. Out of all the neighborhoods in or near West Loop, Englewood has the most affordable average rent at $1,450 per month. Whereas, at $3,483 average rent per month, Near West Side is the most expensive neighborhood in or near West Loop. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Englewood, Chicago, IL	$1,100	$1,250	$1,350	$1,450
South Shore, Chicago, IL	$1,000	$1,150	$1,500	$1,500
Edgewater, Chicago, IL	$1,300	$1,500	$2,400	$1,600
Rogers Park, Chicago, IL	$1,195	$1,450	$1,875	$1,700
Uptown, Chicago, IL	$1,350	$1,650	$2,375	$1,710
Austin, Chicago, IL	$1,200	$1,100	$1,698	$1,725
Albany Park, Chicago, IL	$1,295	$1,450	$1,825	$1,750
Lawndale, Chicago, IL	N/A	$1,425	$1,750	$1,850
Ravenswood, Chicago, IL	$1,463	$1,895	$2,425	$1,995
West Rogers Park, Chicago, IL	N/A	$1,595	$1,995	$2,000
Pilsen, Chicago, IL	N/A	$1,600	$1,800	$2,000
Jefferson Park, Chicago, IL	$1,300	$1,498	$2,100	$2,100
Logan Square, Chicago, IL	$1,650	$2,073	$2,450	$2,295
Woodlawn, Chicago, IL	$1,575	N/A	$1,700	$2,300
Lakeview, Chicago, IL	$1,625	$2,195	$3,000	$2,395
Bronzeville, Chicago, IL	$1,175	$1,600	$2,345	$2,400
Far East, Aurora, IL	N/A	$1,829	$2,199	$2,424
Humboldt Park, Chicago, IL	$1,500	$1,925	$2,200	$2,450
Lincoln Park, Chicago, IL	$1,635	$2,500	$3,750	$2,600
University Village - Little Italy, Chicago, IL	$1,488	$2,150	$2,600	$2,700
Near North Side, Chicago, IL	$1,850	$2,500	$3,900	$2,700
Roscoe Village, Chicago, IL	N/A	$1,975	$2,700	$2,750
South Loop, Chicago, IL	$1,750	$2,300	$3,200	$2,900
The Loop, Chicago, IL	$1,935	$2,400	$3,450	$2,925
West Town, Chicago, IL	$2,275	$2,374	$2,800	$3,200
DePaul, Chicago, IL	$1,903	$2,375	$3,400	$3,300
Wicker Park, Chicago, IL	N/A	$2,400	$2,900	$3,325
Bucktown, Chicago, IL	$2,195	$2,598	$3,150	$3,395
Near West Side, Chicago, IL	N/A	$2,845	$3,598	$3,483

Top Counties Near West Loop

There are a total of 27 counties located by West Loop, Chicago, IL. Some of these counties include Cicero, IL, Berwyn, IL, and Worth, IL. The average rent for rentals in these counties is $2,427. That's roughly around $24 per sqft. A total of 23 counties have a lower average rent. The county that is the most affordable is Cicero, IL. Its average rent per month is $1,150. Vice versa, with an average rent of $3,245, Northfield, IL is the most expensive county by West Loop, Chicago, IL.

Typically, rent for studios in West Loop, Chicago, IL is 44.78% more expensive than other counties nearby. In comparison, rent for one bedroom listings in West Loop, Chicago, IL is 38.18% more expensive than other counties nearby. Finally, rent for two bedrooms in West Loop, Chicago, IL is 42.69% more expensive than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Cicero, IL	$895	$1,050	$1,600	$1,150
Berwyn, IL	$1,085	$1,300	$1,800	$1,400
Worth, IL	$1,450	$1,385	$1,700	$1,700
Proviso, IL	$1,098	$1,425	$1,850	$1,775
Oak Park, IL	$1,595	$1,575	$2,300	$1,800
Chicago, IL	$1,550	$2,045	$2,400	$2,205
Maine, IL	$1,200	$1,500	$2,175	$2,550
Leyden, IL	$1,335	$1,450	$3,050	$2,585
Evanston, IL	$2,500	$2,273	$2,550	$2,650
Niles, IL	N/A	$1,600	$2,250	$2,925

Top Zipcodes Near West Loop

There are a total of 38 zipcodes in or near West Loop, Chicago, IL. The average rent for all of these zipcodes is $2,325. A total of 29 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60804, Cicero, IL at $1,150 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 $1,473. That's at least $34 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near West Loop, Chicago, IL is $1,842 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 West Loop, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
60661, Chicago, IL	$1,820	$2,650	$3,950	$3,000
60654, Chicago, IL	$2,352	$2,650	$4,100	$2,950
60607, Chicago, IL	$1,488	$2,800	$3,500	$3,400
60601, Chicago, IL	$1,935	$2,750	$4,200	$3,000
60605, Chicago, IL	$1,750	$2,250	$3,209	$2,952
60611, Chicago, IL	$2,010	$2,500	$4,000	$2,700
60610, Chicago, IL	$1,598	$2,350	$3,850	$2,300
60642, Chicago, IL	$3,000	$2,387	$2,985	$3,150
60612, Chicago, IL	$1,650	$2,250	$2,745	$2,650
60616, Chicago, IL	$1,450	$2,225	$2,850	$2,600

Frequently Asked Questions - West Loop Average Rents

What is the average rent price in West Loop, Chicago, IL?

The average monthly rental price for West Loop, Chicago, IL apartments for rent is approximately $2,700. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do West Loop, Chicago, IL rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in West Loop, Chicago, IL.

How much is a studio apartment in West Loop, Chicago, IL?

The average monthly rental price for studio apartments is $2,035 and an average price per square feet of $46.37. There are a total of 2 studio apartment listings currently available for rent in West Loop.

How much is a one bedroom apartment in West Loop, Chicago, IL?

The average monthly rental price for one bedroom apartments is $2,588 and an average price per square feet of $41.17. There are a total of 21 one bedroom apartment listings currently available for rent in West Loop.

How much is a two bedroom apartment in West Loop, Chicago, IL?

The average monthly rental price for two bedroom apartments is $3,926 and an average price per square feet of $38.93. There are a total of 11 two bedroom apartment listings currently available for rent in West Loop.

How have rent prices in West Loop, Chicago, IL changed this year?

Rent prices for rentals in West Loop, Chicago, IL can fluctuate yearly. Specifically, studio rental prices have changed by 0.23%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by 0.21%, three bedroom rental prices have changed by 0.29% year-over-year.

What is a reasonable rent price in West Loop, Chicago, IL?

A reasonable rent price in West Loop, Chicago, IL is around $2,160/month. You can search for these reasonably priced rental listings on RentHop.