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Apartments in The Loop Chicago

31 - 60 of 593 Results
15
3D Tour
$1,997
Lakeview East
637 Wcorenelia Ave Chicago, IL
1 BR | Available Now
Contact
Heat Included
Cat Friendly
Virtual Tour
In Unit Laundry
Storage
11
$1,776 - 2,455
330 S. Wells St
Deal
330 S Wells St Chicago, IL
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
14
$1,813 - 2,307
The Tides
5.0
360 East South Water Street Chicago, IL
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
22
$3,487
55 W Hubbard St Unit 2512
Chicago, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
11
$3,801
150 W Kinzie St Unit 2
Chicago, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
12
$2,925
Amazing One Bedroom Downtown Chicago Skyrise Views
405 N Wabash Ave Chicago, IL
1 BR | Available Now
Contact
Heat Included
Furnished
Student
Virtual Tour
Senior Community
$1,695 - 3,395
440 N. Wabash Ave
Chicago, IL
1 - 2 BR | Available Now
Contact
Balcony/Deck/Patio
Pool
River North
39
$1,676 - 2,436
PER
ROOM
Student | Arc
37 W. Van Buren Chicago, IL
Studio - 4 BR | May. 25, 2024
Contact
Student
The Loop
10
$3,650
11 E Illinois St Unit 601
Chicago, IL
2 BR | Jul. 1, 2024
Contact
Dog Friendly
Cat Friendly
River North
14
$2,489
448 N State St Unit 2004
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
170
$2,129 - 9,889
1201 N Lasalle
Chicago, IL
Studio - 4 BR | Ask for Availability
The Loop
25
$2,304 - 6,725
Aqua At Lakeshore East
225 N. Columbus Drive Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Luxury
Air Conditioning
Fitness Center
Storage
11
$2,513
500 N State St Unit 1102
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
River North
19
$2,472
505 N State St
Chicago, IL
1 BR | Ask for Availability
River North
81
$2,200 - 10,079
313 W Wolf Point Plz
Chicago, IL
Studio - 3 BR | Ask for Availability
River North
$3,250
360 E Randolph St
Chicago, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Fitness Center
$4,000 - 4,726
Grand Plaza Apartments
540 N. State Street Chicago, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
57
$1,400
7116
Chicago, IL
2 BR | Available Now
Contact
The Loop
140
$1,650 - 3,986
1250 N Lasalle St
Chicago, IL
Studio - 2 BR | Ask for Availability
The Loop
62
$1,866 - 3,629
Grand Plaza
4.5
540 N. State St. Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
17
$2,900
111 W Wacker
Chicago, IL
1 BR | Ask for Availability
The Loop
2
$1,550 - 2,495
Old Franklin Building
525 S. Dearborn Chicago, IL
Studio - 2 BR | Available Now
Contact
Cat Friendly
Air Conditioning
Storage
Disability Access
The Loop
34
$ Ask - 5,934
Coast At Lakeshore East
345 E Wacker Dr Chicago, IL
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
5
$820 - 875
7800-06 S Essex
Chicago, IL
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
The Loop
42
3D Tour
Call for Pricing
University Center
3.3
525 South State Street Chicago, IL
Studio - 4 BR | Ask for Availability
Contact
Heat Included
Furnished
Student
Virtual Tour
Air Conditioning
1
$1,675 - 2,495
537 S Dearborn Terminals Building
537 S. Dearborn Chicago, IL
1 - 2 BR | Aug. 1, 2024
Contact
Cat Friendly
Storage
Disability Access
The Loop
1
$7,900
333 N Canal St Unit 2001
Chicago, IL
3 BR | Available Now
Contact
Storage
Dishwasher
West Loop
27
$4,390
200 E Illinois St
Chicago, IL
2 BR | Ask for Availability
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
29
$3,126
213 W Grand Ave Unit 3601
Chicago, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
216
$2,750 - 9,049
220 W Illinois
Chicago, IL
1 - 3 BR | Ask for Availability
Streeterville
31 - 60 of 593 Results
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  2. Chicago
  3. The Loop
Frequently Asked Questions

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

Rentable.co has over 706 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 $1,927 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 $2,399 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 $3,306 per month.

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

Rentable.co has over 182,045 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 $1,330 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 $1,800 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 $2,210 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 $2,210 per month, which is higher than the national average of $1,620 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 $53,000 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 2024 Chicago Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 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
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Chicago Rent Prices Increase From April to May

Chicago rent prices increased over the last month. From April to May, the city experienced a 1.06% increase for the price of a one-bedroom apartment. The rent price for a Chicago one-bedroom apartments currently stands at $1,913.0.

When we take a look at the two-bedroom comparison from April to May, Chicago experienced a 1.31% increase for the price of a two-bedroom apartment. The rent price for a Chicago two-bedroom apartments currently stands at $2,251.0.

May Prices: Chicago vs. Surrounding Areas

Des Plaines, IL
Chicago, IL
Schaumburg, IL
Evanston, IL
Lombard, IL
Naperville, IL
Arlington Heights, IL
Oak Park, IL
$1,901
$1,893
$1,868
$1,822
$1,621
$1,437
$1,437
$1,265
$0
$650
$1,300
$1,950
$2,600
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 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, Evanston, IL, Arlington Heights, IL, Lombard, IL, Schaumburg, IL, Des Plaines, IL .

  • Rent decreased in Naperville, IL.

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

May 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
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$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 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 May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Chicago, IL $1,893.0 1.45% $2,222.0 1.74%
Naperville, IL $1,437.0 -0.35% $1,842.0 0.11%
Oak Park, IL $1,265.0 0.56% $1,757.0 -0.73%
Evanston, IL $1,822.0 1.50% $1,968.0 1.92%
Arlington Heights, IL $1,437.0 2.21% $1,875.0 0.11%
Lombard, IL $1,621.0 1.95% $1,975.0 1.86%
Schaumburg, IL $1,868.0 4.42% $2,407.0 6.88%
Des Plaines, IL $1,901.0 6.20% $2,166.0 5.45%

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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