Apartments in West Loop Chicago

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$2,900
Chicago, IL
2 BR | Available Now
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West Loop
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$3,995
Chicago, IL
3 BR | Available Now
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8
$2,676
Chicago, IL
1 BR | Available Now
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West Loop
$1,199 - 5,229
555 West Kinzie Street Chicago, IL
Studio - 2 BR | Available Now
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17
$3,600 - 3,995
Chicago, IL
2 BR | Available Now
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14
$2,422
Chicago, IL
Studio | Available Now
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West Loop
23
$3,900
Chicago, IL
2 BR | Available Now
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West Loop
22
$2,084 - 13,885
343 W Wolf Point Plaza Dr Chicago, IL
Studio - 3 BR | Available Now
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81
$2,312 - 10,297
Chicago, IL
Studio - 3 BR | Ask for Availability
River North
$1,950 - 4,055
20 N Aberdeen Street Chicago, IL
1 - 3 BR | Available Now
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106
$2,432 - 15,312
313 W Wolf Point Plaza Dr Chicago, IL
Studio - 3 BR | Available Now
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43
$2,458 - 2,933
1002 W Van Buren St Chicago, IL
2 BR | Available Now
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14
$2,025
Chicago, IL
1 BR | Nov. 27, 2024
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The Loop
9
$2,140
Chicago, IL
1 BR | Dec. 21, 2024
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The Loop
31
3D Tour
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Deal
2.6
410 S Morgan St Chicago, IL
Studio - 4 BR | Ask for Availability
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Heat Included
Furnished
Student
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Air Conditioning
12
$2,762
Chicago, IL
1 BR | Dec. 8, 2024
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West Loop
125
$1,935 - 3,430
Chicago, IL
Studio - 2 BR | Ask for Availability
Income Restricted
Section 8
The Loop
23
$1,795
180 W. Adams St Chicago, IL
1 BR | Available Now
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The Loop
17
$ Ask - 2,530
182 Lake Street W Chicago, IL
Studio - 2 BR | Available Now
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120
$2,100 - 3,564
Chicago, IL
1 - 2 BR | Ask for Availability
The Loop
10
$2,000
Chicago, IL
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8
$2,400
Chicago, IL
1 BR | Available Now
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18
$2,258 - 7,346
1164 W. Madison Street Chicago, IL
Studio - 2 BR | Available Now
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Section 8
Covered Parking
6
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221 W Harrison Chicago, IL
Studio - 1 BR | Available Now
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9
$4,020
Chicago, IL
2 BR | Available Now
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River North
$5,000
Chicago, IL
3 BR | Available Now
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West Loop
77
$1,824 - 3,789
Chicago, IL
Studio - 1 BR | Ask for Availability
River North
5
$2,137
Chicago, IL
1 BR | Available Now
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River North
7
$1,964
Chicago, IL
Studio | Dec. 17, 2024
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River North
8
$2,245
Chicago, IL
1 BR | Dec. 21, 2024
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West Loop Neighborhood Summary

Industrial Warehouses Turned Swanky Luxury in Chicago’s West Loop

The physical boundaries for West Loop are defined as south of Grand Avenue, north of I-290, east of Ashland and west of the Chicago River. There are many micro-neighborhoods that exist within this boundary like Greektown, which has many traditional Greek restaurants and the National Hellenic Museum. The Fulton Street Market is a landmarked district comprising world class restaurants and many manufacturing businesses. The Jackson Boulevard Historic District Is made up of preserved homes dating from the 1880s and 1890s.

Who Lives There

West Loop has undergone major shifts in land use over the years. Once a hub for industrial meat packing, during the 1960s and 1970s as many as 12,000 men lived along a section of Madison Street called Skid Row. Fast forward to present day West Loop and the demographics have changed drastically. Today the approximately 33,000 residents are a combination of young adults, families and empty nesters. The median income has risen to $110,000 per year with the influx of international corporations like Google and Boeing moving to West Loop.

Places of Interest

West Loop is home to many internationally known restaurants--including those with Michelin-starred ratings--and historic Italian delis. The Time Out Market Chicago is a destination for culture and food. Boasting 50,000 square feet, it hosts 18 kitchens, three bars and a beautiful rooftop terrace. For more fun visit the Punch Bowl Social’s Fulton Market where you can eat, drink and play in 30,000 square feet filled with bowling alleys, karaoke rooms, arcade games, casual food and drinks. With its kitschy design scheme, you’ll have plenty of opportunities to take pictures of you and your friends. West Loop is home to Union Park where the Pitchfork Music Festival is held each year. History and film fans will want to visit Union Station, which opened in 1925 after ten years of construction. Built by the union of four railroad companies to service passengers and freight, it is an architectural masterpiece.

Chicago:
November Rent Report

Welcome to the November 2024 Chicago Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Chicago rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Chicago and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Chicago average rent prices in the chart below.

Monthly Rent Report

$2,350
$1,760
$1,180
$590
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Chicago Rent Prices Increase From October to November

Chicago rent prices increased over the last month. From October to November, the city experienced a 0.9% increase for the price of a one-bedroom apartment. The rent price for a Chicago one-bedroom apartments currently stands at $1,903.0.

When we take a look at the two-bedroom comparison from October to November, Chicago experienced a 0.19% increase for the price of a two-bedroom apartment. The rent price for a Chicago two-bedroom apartments currently stands at $2,139.0.

November Prices: Chicago vs. Surrounding Areas

Schaumburg, IL
Des Plaines, IL
Chicago, IL
Evanston, IL
Downers Grove, IL
Naperville, IL
Arlington Heights, IL
Oak Park, IL
$2,035
$1,935
$1,886
$1,785
$1,568
$1,420
$1,377
$1,341
$0
$700
$1,400
$2,100
$2,800
Median 1 BR Rent

Rent Prices in Chicago and Surrounding Areas

Rent prices have increased in Chicago over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 4 of the Chicago suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Oak Park, IL, Evanston, IL, Schaumburg, IL, Des Plaines, IL .

  • Rent decreased in Naperville, IL, Arlington Heights, IL, Downers Grove, IL.

  • 2 suburbs are currently priced higher than the city of Chicago.

  • 5 suburbs are currently priced lower than the city of Chicago.

November 2024 Pricing Trends: Chicago vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Chicago Rent Prices More Affordable Than Major Cities

Rent growth in Chicago over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Chicago average rent prices appear to be relatively affordable for local residents.

The price for a Chicago one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Chicago and surrounding area rent prices, take a look at the complete data set below.

Data set for Chicago and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Chicago, IL $1,886.0 1.29% $2,135.0 0.95%
Oak Park, IL $1,341.0 1.13% $2,010.0 7.83%
Evanston, IL $1,785.0 1.36% $2,270.0 3.70%
Naperville, IL $1,420.0 -1.11% $1,832.0 0.77%
Arlington Heights, IL $1,377.0 -1.08% $1,935.0 1.95%
Schaumburg, IL $2,035.0 0.94% $2,488.0 2.26%
Des Plaines, IL $1,935.0 0.62% $2,365.0 1.98%
Downers Grove, IL $1,568.0 -0.89% $1,790.0 0.85%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.