Apartments in West Loop Chicago

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16
3D Tour
$3,680 - 8,158
120 N Green St Chicago, IL
2 BR | May. 1, 2024
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Virtual Tour
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Surface Parking
21
$2,000 - 2,150
630 W Lake St Chicago, IL
1 BR | Available Now
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In Unit Laundry
Dishwasher
West Loop
0
$2,400
Chicago, IL
1 BR | Available Now
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In Unit Laundry
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Pool
32
$2,916 - 4,400
123 North Des Plaines Street Chicago, IL
1 - 2 BR | Available Now
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Luxury
Air Conditioning
In Unit Laundry
13
$2,550 - 4,900
Chicago, IL
1 - 3 BR | Available Now
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Surface Parking
Balcony/Deck/Patio
$1,500 - 5,810
727 West Madison Street Chicago, IL
Studio - 3 BR | Available Now
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Luxury
Air Conditioning
Covered Parking
15
$4,000
Chicago, IL
2 BR | May. 1, 2024
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Dishwasher
West Loop
32
$2,550 - 5,100
Chicago, IL
1 - 3 BR | Ask for Availability
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Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
13
$2,800 - 5,800
Chicago, IL
1 - 3 BR | Available Now
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Surface Parking
Balcony/Deck/Patio
20
$2,120 - 11,267
730 W. Couch Place Chicago, IL
Studio - 3 BR | Available Now
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In Unit Laundry
29
$1,956 - 3,392
180 N. Jefferson St Chicago, IL
Studio - 2 BR | Available Now
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Fitness Center
West Loop
27
$1,894 - 2,893
180 N Jefferson St Chicago, IL
Studio - 2 BR | Available Now
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Luxury
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Covered Parking
15
$2,428 - 6,602
730 W Couch Place Chicago, IL
Studio - 2 BR | Available Now
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Section 8
Air Conditioning
In Unit Laundry
19
$2,170 - 6,108
730 Couch Place W Chicago, IL
Studio - 3 BR | Available Now
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Luxury
Air Conditioning
In Unit Laundry
13
$1,760 - 6,188
730 W Couch Pl Chicago, IL
Studio - 2 BR | Available Now
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Luxury
Air Conditioning
In Unit Laundry
8
$2,195 - 7,200
855 W Madison St Chicago, IL
Studio - 3 BR | Available Now
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Air Conditioning
In Unit Laundry
Fitness Center
$2,450
Chicago, IL
1 BR | Available Now
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House
West Loop
30
$1,515
120 N Green St Chicago, IL
Studio | Available Now
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Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
13
$2,900 - 4,800
Chicago, IL
1 - 3 BR | Available Now
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Air Conditioning
Surface Parking
Balcony/Deck/Patio
21
$3,350
Chicago, IL
1 BR | May. 1, 2024
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Greektown
20
$5,995
Chicago, IL
3 BR | May. 1, 2024
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Greektown
10
$2,360
Chicago, IL
Studio | May. 1, 2024
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Balcony/Deck/Patio
Storage
Dishwasher
20
$2,287
Chicago, IL
1 BR | May. 1, 2024
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Balcony/Deck/Patio
Greektown
10
$5,770
Chicago, IL
3 BR | May. 1, 2024
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Balcony/Deck/Patio
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Dishwasher
11
$2,653
Chicago, IL
1 BR | May. 1, 2024
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Balcony/Deck/Patio
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Dishwasher
10
$3,937
Chicago, IL
2 BR | May. 15, 2024
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Balcony/Deck/Patio
Dishwasher
Greektown
11
$3,995
Chicago, IL
2 BR | Available Now
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Surface Parking
Storage
West Loop
8
$1,725 - 2,608
765 W Adams St Chicago, IL
Studio | Available Now
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Air Conditioning
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Fitness Center
10
$2,246
Chicago, IL
Studio | Available Now
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Dishwasher
Greektown
10
$4,300
Chicago, IL
2 BR | Available Now
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West Loop Neighborhood Summary

Industrial Warehouses Turned Swanky Luxury in Chicago’s West Loop

The physical boundaries for West Loop are defined as south of Grand Avenue, north of I-290, east of Ashland and west of the Chicago River. There are many micro-neighborhoods that exist within this boundary like Greektown, which has many traditional Greek restaurants and the National Hellenic Museum. The Fulton Street Market is a landmarked district comprising world class restaurants and many manufacturing businesses. The Jackson Boulevard Historic District Is made up of preserved homes dating from the 1880s and 1890s.

Who Lives There

West Loop has undergone major shifts in land use over the years. Once a hub for industrial meat packing, during the 1960s and 1970s as many as 12,000 men lived along a section of Madison Street called Skid Row. Fast forward to present day West Loop and the demographics have changed drastically. Today the approximately 33,000 residents are a combination of young adults, families and empty nesters. The median income has risen to $110,000 per year with the influx of international corporations like Google and Boeing moving to West Loop.

Places of Interest

West Loop is home to many internationally known restaurants--including those with Michelin-starred ratings--and historic Italian delis. The Time Out Market Chicago is a destination for culture and food. Boasting 50,000 square feet, it hosts 18 kitchens, three bars and a beautiful rooftop terrace. For more fun visit the Punch Bowl Social’s Fulton Market where you can eat, drink and play in 30,000 square feet filled with bowling alleys, karaoke rooms, arcade games, casual food and drinks. With its kitschy design scheme, you’ll have plenty of opportunities to take pictures of you and your friends. West Loop is home to Union Park where the Pitchfork Music Festival is held each year. History and film fans will want to visit Union Station, which opened in 1925 after ten years of construction. Built by the union of four railroad companies to service passengers and freight, it is an architectural masterpiece.

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.