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Apartments in The Loop Chicago

1 - 30 of 476 Results
21
3D Tour
Millennium Park Plaza Apartment for rent in Chicago, IL
$1,875 - 3,695
Millennium Park Plaza
151 N Michigan Ave Chicago, IL
Studio - 3 BR | Ask for Availability
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11
66 W Randolph St Unit 2902 Apartment for rent in Chicago, IL
$2,983
66 W Randolph St Unit 2902
Chicago, IL
2 BR | Available Now
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$995 - 2,600
55 E. Washington St.
Chicago, IL
Studio - 3 BR | Available Now
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The Loop
18
Pittsfield Apartments Apartment for rent in Chicago, IL
$1,550 - 2,595
Pittsfield Apartments
55 East Washington St Chicago, IL
Studio - 2 BR | Available Now
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The Loop
0
200 N. Dearborn St Apartment for rent in Chicago, IL
$2,295 - 2,595
200 N. Dearborn St
Chicago, IL
1 BR | Available Now
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The Loop
19
5 N Wabash Ave, Unit 1507 Apartment for rent in Chicago, IL
$1,500
5 N Wabash Ave, Unit 1507
Chicago, IL
1 BR | Available Now
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The Loop
63
Mda City Club Apartments Apartment for rent in Chicago, IL
$1,805 - 3,315
Mda City Club Apartments
63 East Lake St. Chicago, IL
Studio - 2 BR | Available Now
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19
50 N Ln Apartment for rent in Chicago, IL
$3,229
50 N Ln
Chicago, IL
1 BR | Jul. 9, 2025
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4
80 E Lake St Unit 2 Apartment for rent in Chicago, IL
$3,800
80 E Lake St Unit 2
Chicago, IL
2 BR | Available Now
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17
Century Tower Apartment for rent in Chicago, IL
$ Ask - 2,530
Century Tower
182 Lake Street W Chicago, IL
Studio - 2 BR | Available Now
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21
20 E Adams St Unit 609 Apartment for rent in Chicago, IL
$3,023
20 E Adams St Unit 609
Chicago, IL
2 BR | Available Now
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10
20 E Adams St Unit 215 Apartment for rent in Chicago, IL
$1,850
20 E Adams St Unit 215
Chicago, IL
1 BR | Available Now
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7
20 E Adams St Unit 210 Apartment for rent in Chicago, IL
$1,845
20 E Adams St Unit 210
Chicago, IL
Studio | Available Now
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15
The Alfred Apartment for rent in Chicago, IL
$1,790 - 3,055
The Alfred
30 East Adams St. Chicago, IL
Studio - 2 BR | Available Now
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9
201 W Lake St Unit 2406 Apartment for rent in Chicago, IL
$2,399
201 W Lake St Unit 2406
Chicago, IL
1 BR | Jul. 10, 2025
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The Loop
25
320 N. Michigan Apartment for rent in Chicago, IL
$1,895 - 1,945
320 N. Michigan
Chicago, IL
Studio - 1 BR | Available Now
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23
180 W. Adams Apartment for rent in Chicago, IL
$1,695 - 1,895
180 W. Adams
180 W. Adams St Chicago, IL
Studio - 1 BR | Available Now
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The Loop
15
55 W Hubbard St Unit 1705 Apartment for rent in Chicago, IL
$1,989
55 W Hubbard St Unit 1705
Chicago, IL
Studio | Available Now
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17
$2,469
55 W Hubbard St Unit 1601
Chicago, IL
1 BR | Available Now
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20
$3,487
55 W Hubbard St Unit 2512
Chicago, IL
2 BR | Available Now
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11
$4,000
150 W Kinzie St Unit 2
Chicago, IL
2 BR | Available Now
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12
$2,925
Amazing One Bedroom Downtown Chicago Skyrise Views
405 N Wabash Ave Chicago, IL
1 BR | Available Now
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Senior Community
8
$2,550
260 E South Water St Unit 910
Chicago, IL
1 BR | Jun. 16, 2025
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The Loop
40
$1,748 - 2,898
The Hayley
Deal
775 N 6th St Sacramento, CA
Studio - 3 BR | Available Now
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Luxury
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11
$2,075
440 N State St
Chicago, IL
2 BR | Available Now
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River North
$1,695 - 3,395
440 N. Wabash Ave
Chicago, IL
1 - 2 BR | Available Now
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River North
0
$1,200
10531 S Lasalle St
Chicago, IL
2 BR | Available Now
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The Loop
14
$2,589
448 N State St Unit 2004
Chicago, IL
1 BR | Available Now
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17
$2,750
400 W Randolph St Unit 2324
Chicago, IL
1 BR | Jul. 1, 2025
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West Loop
140
$2,463 - 12,746
Wolf Point East
313 W Wolf Point Plaza Dr Chicago, IL
Studio - 2 BR | Available Now
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River North
1 - 30 of 476 Results
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Frequently Asked Questions

How many apartments are available in The Loop on Rentable.co?

Rentable.co has over 463 apartments available near The Loop.

What is the average rent for a studio apartment in The Loop?

The average rent for a studio apartment near The Loop is around $1,956 per month.

What is the average rent for a one-bedroom apartment in The Loop?

The average rent for a one-bedroom apartment near The Loop is around $2,484 per month.

What is the average rent for a two-bedroom apartment in The Loop?

The average rent for a two-bedroom apartment near The Loop is around $3,405 per month.

How many apartments are available in Chicago, IL on Rentable.co?

Rentable.co has over 197,112 apartments available in Chicago.

What is the average rent for a studio apartment in Chicago, IL?

The average rent for a studio apartment in Chicago is around $1,370 per month.

What is the average rent for a one-bedroom apartment in Chicago, IL?

The average rent for a one-bedroom apartment in Chicago is around $1,820 per month.

What is the average rent for a two-bedroom apartment in Chicago, IL?

The average rent for a two-bedroom apartment in Chicago is around $2,100 per month.

How expensive is it to rent an apartment in Chicago, IL?

For a two-bedroom apartment in Chicago, the average rent price is $2,100 per month, which is higher than the national average of $1,640 per month.

Can I afford an apartment for rent in Chicago, IL?

Based on average rent prices in Chicago, to afford a studio apartment you would need an annual household income of $55,000 to live comfortably.

The Loop Neighborhood Summary

This is the area most people are talking about when they say “downtown Chicago” — the second most important commercial district in the U.S. The Loop, Chicago’s central business district, houses brands like MillerCoors, Morningstar, Exelon Corporation, Morton Salt, and dozens more companies that add up to more than a quarter of Chicago’s job market. For the less business-minded, the North Loop also has two main widely renowned features: The Willis Tower and Millennium Park. Willis Tower, formerly known as the Sears Tower, is the U.S.’s second-tallest building — second to the One World Trade Center in NYC — at 108 stories. Millennium Park is where you’ll find Anish Kapoor’s “Cloud Gate” (aka “that iconic mirrored bean sculpture”) as well as the incredible Jay Pritzker Pavilion, which is actually classified as a work of art. Naturally, the neighborhood is also exploding with culture: the Chicago Cultural Center, Art Institute of Chicago, and the Theater District are all in The Loop.

Although it’s a predominantly business-driven area, there are several rental options in The Loop. However, living in one of the world’s centers for culture and commerce comes at a price, with some monthly rents topping $12,000. Fortunately, they mainly range from $2,000 to $3,000, and are readily available year-round.

Chicago:
May Rent Report

Welcome to the May 2025 Chicago Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2025 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
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
1 BR       2 BR

Chicago Rent Prices Decrease From April to May

Chicago rent prices decreased over the last month. From April to May, the city experienced a -0.37% decrease for the price of a one-bedroom apartment. The rent price for a Chicago one-bedroom apartments currently stands at $1,887.0.

When we take a look at the two-bedroom comparison from April to May, Chicago experienced a 0.0% decrease for the price of a two-bedroom apartment. The rent price for a Chicago two-bedroom apartments currently stands at $2,077.0.

May Prices: Chicago vs. Surrounding Areas

Schaumburg, IL
Chicago, IL
Evanston, IL
Lombard, IL
Downers Grove, IL
Arlington Heights, IL
Naperville, IL
Oak Park, IL
$2,023
$1,894
$1,741
$1,661
$1,551
$1,420
$1,399
$1,346
$0
$700
$1,400
$2,100
$2,800
Median 1 BR Rent

Rent Prices in Chicago and Surrounding Areas

Rent prices have decreased 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 6 of the Chicago suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Oak Park, IL, Naperville, IL, Evanston, IL, Arlington Heights, IL, Schaumburg, IL, Lombard, IL .

  • Rent decreased in Downers Grove, IL.

  • 1 suburb is currently priced higher than the city of Chicago.

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

May 2025 Pricing Trends: Chicago vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,098
$3,173
$2,343
$2,342
$1,887
$1,310
$1,243
$1,230
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Chicago Rent Prices More Affordable Than Major Cities

Rent growth in Chicago over the past year has been declining. 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 May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Chicago, IL $1,894.0 -0.58% $2,077.0 -0.57%
Oak Park, IL $1,346.0 0.22% $2,309.0 2.30%
Naperville, IL $1,399.0 0.29% $1,853.0 0.00%
Evanston, IL $1,741.0 1.99% $2,044.0 4.29%
Arlington Heights, IL $1,420.0 5.19% $1,874.0 -0.53%
Schaumburg, IL $2,023.0 0.85% $2,357.0 0.21%
Lombard, IL $1,661.0 2.72% $1,977.0 4.38%
Downers Grove, IL $1,551.0 -0.64% $1,731.0 3.41%

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.

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