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Apartments in The Loop Chicago

1 - 30 of 743 Results
49
$2,014 - 5,650
25 W Randolph St
Chicago, IL
Studio - 3 BR | Ask for Availability
The Loop
15
$2,750
939 W Washington St
Chicago, IL
1 BR | Ask for Availability
The Loop
12
$2,000
939 W Washington St
Chicago, IL
Studio | Ask for Availability
The Loop
20
$6,168
939 W Washington St
Chicago, IL
3 BR | Ask for Availability
The Loop
16
$2,569
939 W Washington St
Chicago, IL
1 BR | Ask for Availability
The Loop
6
$3,600
8 E Randolph 3108
Chicago, IL
2 BR | May. 1, 2024
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Dog Friendly
Cat Friendly
House
Dishwasher
The Loop
11
$2,667
66 W Randolph St Unit 2902
Chicago, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
$995 - 2,600
55 E. Washington St.
Chicago, IL
Studio - 3 BR | Available Now
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Heat Included
Air Conditioning
In Unit Laundry
Dishwasher
The Loop
18
$1,495 - 2,495
Pittsfield Apartments
55 East Washington St Chicago, IL
Studio - 2 BR | Jun. 15, 2024
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Dog Friendly
Cat Friendly
The Loop
18
$3,000
200 N Dearborn St
Chicago, IL
2 BR | Available Now
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Heat Included
Air Conditioning
Storage
Dishwasher
Pool
12
$1,950
200 N Dearborn St Unit 2808
Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
0
$2,295 - 2,595
200 N. Dearborn St
Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
The Loop
19
$1,500
5 N Wabash Ave, Unit 1507
Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
The Loop
22
$1,700 - 2,175
5401 S Harper
Chicago, IL
Studio - 2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
63
$1,805 - 3,315
Mda City Club Apartments
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
81
$2,250 - 3,476
73 E Lake St
Chicago, IL
1 - 2 BR | Ask for Availability
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
17
$3,342
160 Michigan Ave Unit 2307
Chicago, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
9
$1,934
160 Michigan Ave Unit 2006
Chicago, IL
Studio | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
19
$2,299 - 3,399
58 E Lake St
Chicago, IL
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
100
$2,115 - 4,048
201 North Garland Ave.
Chicago, IL
Studio - 2 BR | Ask for Availability
The Loop
99
$1,798 - 3,285
188 W Randolph St
Chicago, IL
Studio - 2 BR | Ask for Availability
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
7
$1,175
151 N Michigan Ave Unit 17Floor
Chicago, IL
1 BR | Available Now
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The Loop
14
$3,350
60 E Monroe St
Chicago, IL
2 BR | Available Now
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Air Conditioning
Surface Parking
Fitness Center
Storage
Pool
23
$1,825
188 West Randolph
Chicago, IL
1 BR | Ask for Availability
Income Restricted
Section 8
The Loop
17
$ Ask - 2,530
Century Tower
182 Lake Street W Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
18
$1,699 - 2,899
190 N Wells St
Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
21
$3,023
20 E Adams St Unit 609
Chicago, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
13
$1,850
20 E Adams St Unit 215
Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
13
$1,845
20 E Adams St Unit 210
Chicago, IL
Studio | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
15
$1,790 - 3,055
The Alfred
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
1 - 30 of 743 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 716 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 $1,944 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 $2,416 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 $3,309 per month.

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

Rentable.co has over 196,085 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 $1,350 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 $1,850 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 $2,220 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 $2,220 per month, which is higher than the national average of $1,630 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 $54,000 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:
April Rent Report

Welcome to the April 2024 Chicago Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 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

$2,300
$1,730
$1,150
$580
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Chicago Rent Prices Increase From March to April

Chicago rent prices increased over the last month. From March to April, the city experienced a 1.45% increase for the price of a one-bedroom apartment. The rent price for a Chicago one-bedroom apartments currently stands at $1,893.0.

When we take a look at the two-bedroom comparison from March to April, Chicago experienced a 1.74% increase for the price of a two-bedroom apartment. The rent price for a Chicago two-bedroom apartments currently stands at $2,222.0.

April Prices: Chicago vs. Surrounding Areas

Chicago, IL
Evanston, IL
Des Plaines, IL
Schaumburg, IL
Lombard, IL
Naperville, IL
Arlington Heights, IL
Oak Park, IL
$1,866
$1,795
$1,790
$1,789
$1,590
$1,442
$1,406
$1,258
$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 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, Lombard, IL.

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

April 2024 Pricing Trends: Chicago vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
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 April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Chicago, IL $1,866.0 1.86% $2,184.0 1.72%
Naperville, IL $1,442.0 -0.35% $1,840.0 0.55%
Oak Park, IL $1,258.0 0.40% $1,770.0 1.49%
Evanston, IL $1,795.0 1.41% $1,931.0 0.63%
Arlington Heights, IL $1,406.0 -2.50% $1,873.0 0.11%
Lombard, IL $1,590.0 -0.31% $1,939.0 1.04%
Schaumburg, IL $1,789.0 2.11% $2,252.0 3.40%
Des Plaines, IL $1,790.0 5.67% $2,054.0 2.04%

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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