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Apartments in The Loop Chicago

31 - 60 of 706 Results
25
$1,925 - 2,095
320 N. Michigan
Chicago, IL
Studio - 1 BR | Available Now
Contact
Cat Friendly
Virtual Tour
In Unit Laundry
Fitness Center
Dishwasher
15
$1,695 - 1,795
180 W. Adams
180 W. Adams St Chicago, IL
Studio - 1 BR | Available Now
Contact
Cat Friendly
Virtual Tour
In Unit Laundry
Fitness Center
Dishwasher
11
$1,776 - 2,455
330 S. Wells St
Deal
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
42
$2,112 - 4,112
851 W Grand St
Chicago, IL
1 - 2 BR | Ask for Availability
The Loop
21
$939 - 2,624
PER
ROOM
Student | Infinite Chicago
28 E Jackson Blvd Chicago, IL
Studio - 4 BR | Available Now
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Student
The Loop
20
$3,490
City Flats Chicago
1326 Meadow Ln Unit Chfs Chicago, IL
5 BR | Available Now
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Dog Friendly
Cat Friendly
House
Surface Parking
Balcony/Deck/Patio
20
$3,995
City Flats Chicago
806 Harvard, Unit C608 Chicago, IL
3 BR | Available Now
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House
Surface Parking
Storage
Dishwasher
The Loop
11
$3,800
25 W Hubbard St Unit 403
Chicago, IL
2 BR | Jul. 1, 2024
Contact
Dog Friendly
Cat Friendly
River North
15
$1,989
55 W Hubbard St Unit 1705
Chicago, IL
Studio | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
17
$2,469
55 W Hubbard St Unit 1601
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
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
17
$1,899 - 3,769
200 N Columbus Dr
Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
11
$3,433
150 W Kinzie St Unit 2
Chicago, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
5
$3,700
Kinzie and Lasalle
Chicago, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
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
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Balcony/Deck/Patio
Pool
River North
15
$2,199 - 6,269
436 N Clark St
Chicago, IL
Studio - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
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
9
$3,650
11 E Illinois St Unit 601
Chicago, IL
2 BR | Jul. 1, 2024
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Dog Friendly
Cat Friendly
River North
14
$2,489
448 N State St Unit 2004
Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
155
$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
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Dog Friendly
Luxury
Air Conditioning
Fitness Center
Storage
19
$2,762
505 N State St
Chicago, IL
1 BR | Ask for Availability
River North
9
$2,200 - 6,000
505 N State St
Chicago, IL
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
8
$2,700 - 3,800
Wells
Chicago, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
16
$2,800 - 4,500
Wolf Point Plz and Orleans
Chicago, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
71
$2,450 - 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
140
$1,650 - 3,986
1250 N Lasalle St
Chicago, IL
Studio - 2 BR | Ask for Availability
The Loop
31 - 60 of 706 Results
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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 $1,931 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 $2,403 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 $3,296 per month.

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

Rentable.co has over 181,303 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 $1,840 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 $2,260 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 $2,260 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 $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:
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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