Apartments in The Loop Chicago

1 - 30 of 591 Results
29
3D Tour
$1,952 - 6,876
221 W Hubbard St Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Covered Parking
25
$1,925 - 2,095
Chicago, IL
Studio - 1 BR | Available Now
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Cat Friendly
Virtual Tour
In Unit Laundry
Fitness Center
Dishwasher
23
$1,795
180 W. Adams St Chicago, IL
1 BR | Available Now
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In Unit Laundry
Fitness Center
The Loop
42
$2,200 - 6,750
Chicago, IL
Studio - 3 BR | Ask for Availability
The Loop
12
$2,114
Chicago, IL
Studio | Ask for Availability
The Loop
15
$1,850
Chicago, IL
1 BR | Ask for Availability
The Loop
20
$5,900
Chicago, IL
3 BR | Ask for Availability
The Loop
16
$2,517
Chicago, IL
1 BR | Ask for Availability
The Loop
$995 - 2,600
Chicago, IL
Studio - 3 BR | Available Now
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Heat Included
Air Conditioning
In Unit Laundry
Dishwasher
The Loop
18
$1,495 - 1,595
55 East Washington St Chicago, IL
Studio | Sep. 1, 2024
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Dog Friendly
Cat Friendly
The Loop
0
$2,295 - 2,595
Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
The Loop
19
$1,500
Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
The Loop
9
$1,450
Chicago, IL
2 BR | Available Now
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Cat Friendly
Storage
Dishwasher
The Loop
9
$2,400
Chicago, IL
1 BR | Available Now
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Air Conditioning
Balcony/Deck/Patio
Dishwasher
The Loop
63
$1,805 - 3,315
63 East Lake St. Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
122
$1,629 - 2,870
Chicago, IL
Studio - 2 BR | Ask for Availability
Income Restricted
Section 8
The Loop
17
$ Ask - 2,530
182 Lake Street W Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
15
$1,790 - 3,055
30 East Adams St. Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
0
$2,750
Chicago, IL
1 BR | Aug. 2, 2024
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In Unit Laundry
Dishwasher
River North
47
$2,419 - 4,184
Chicago, IL
1 - 2 BR | Ask for Availability
The Loop
21
$949 - 2,524
PER
ROOM
28 E Jackson Blvd Chicago, IL
Studio - 4 BR | Available Now
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Student
The Loop
$2,695
Chicago, IL
3 BR | Available Now
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Dishwasher
The Loop
11
$3,800
Chicago, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
12
$2,925
405 N Wabash Ave Chicago, IL
1 BR | Available Now
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Heat Included
Furnished
Student
Virtual Tour
Senior Community
18
$2,150 - 2,850
Deal
775 N 6th St Sacramento, CA
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Balcony/Deck/Patio
Storage
$1,695 - 3,395
Chicago, IL
1 - 2 BR | Available Now
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Balcony/Deck/Patio
Pool
River North
39
$1,676 - 2,436
PER
ROOM
37 W. Van Buren Chicago, IL
Studio - 4 BR | Available Now
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Student
The Loop
25
$2,304 - 6,725
225 N. Columbus Drive Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Luxury
Air Conditioning
Fitness Center
Storage
19
$2,450
Chicago, IL
1 BR | Ask for Availability
River North
11
$1,768 - 2,361
330 S Wells St Chicago, IL
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
1 - 30 of 591 Results
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  3. The Loop
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:
July Rent Report

Welcome to the July 2024 Chicago Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 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
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
1 BR       2 BR

Chicago Rent Prices Decrease From June to July

Chicago rent prices decreased over the last month. From June to July, the city experienced a -0.89% decrease for the price of a one-bedroom apartment. The rent price for a Chicago one-bedroom apartments currently stands at $1,888.0.

When we take a look at the two-bedroom comparison from June to July, Chicago experienced a -1.86% decrease for the price of a two-bedroom apartment. The rent price for a Chicago two-bedroom apartments currently stands at $2,214.0.

July Prices: Chicago vs. Surrounding Areas

Schaumburg, IL
Des Plaines, IL
Chicago, IL
Evanston, IL
Lombard, IL
Arlington Heights, IL
Naperville, IL
Oak Park, IL
$2,005
$1,974
$1,905
$1,833
$1,706
$1,583
$1,453
$1,279
$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 5 of the Chicago suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

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

  • Rent decreased in Evanston, IL, Des Plaines, IL.

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

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

July 2024 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
$4,189
$3,023
$2,389
$2,340
$1,888
$1,394
$1,253
$1,200
$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 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 July 1 BR M/M % Change 2 BR July 2 BR M/M % Change
Chicago, IL $1,905.0 -0.42% $2,256.0 0.22%
Oak Park, IL $1,279.0 0.47% $1,801.0 5.14%
Evanston, IL $1,833.0 -0.70% $2,136.0 3.44%
Arlington Heights, IL $1,583.0 4.49% $1,909.0 1.22%
Naperville, IL $1,453.0 0.35% $1,825.0 -0.71%
Lombard, IL $1,706.0 3.46% $2,026.0 3.26%
Schaumburg, IL $2,005.0 2.19% $2,503.0 0.16%
Des Plaines, IL $1,974.0 -0.10% $2,282.0 2.38%

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.