Average rent in West Loop, Chicago
The median asking rent in West Loop is $2,813 a month and the average is $3,039, based on 651 apartments available in 30 buildings as of September 21, 2026. By size, the median is $2,360 for a studio, $2,889 for a 1 bedroom, $4,116 for a 2 bedroom, $5,860 for a 3 bedroom.
That is 2% above the Chicago median of $2,754, which covers 5,718 available apartments in 374 buildings.
West Loop rent by apartment size
| Size | Median | Average | Range | Avg sq ft | Available |
|---|---|---|---|---|---|
| Studio | $2,360 | $2,302 | $1,766–$2,962 | 527 | 153 |
| 1 bedroom | $2,889 | $2,897 | $2,050–$4,122 | 721 | 331 |
| 2 bedroom | $4,116 | $4,197 | $3,195–$9,250 | 1,127 | 122 |
| 3 bedroom | $5,860 | $6,126 | $4,582–$7,937 | 1,462 | 13 |
| All sizes | $2,813 | $3,039 | 651 |
Asking rent is the listed monthly price before any move-in special. Only apartments available right now are counted. See how we measure rent.
How West Loop compares
| Neighborhood | Median | Studio | 1 bedroom | 2 bedroom |
|---|---|---|---|---|
| West Loop | $2,813 | $2,360 | $2,889 | $4,116 |
| River North | $3,070 | $2,577 | $2,994 | $4,413 |
| South Loop | $2,856 | $2,378 | $2,755 | $3,495 |
| Streeterville | $3,206 | $2,654 | $3,079 | $4,502 |
| Gold Coast | $2,584 | $2,089 | $2,624 | $4,418 |
| Fulton Market | $3,271 | $2,476 | $3,177 | $4,407 |
| The Loop | $2,873 | $2,415 | $3,006 | $4,317 |
| Old Town | $3,129 | $2,605 | $3,084 | $4,354 |
| Uptown | $2,195 | $1,750 | $2,385 | $3,593 |
| Lakeshore East | $3,101 | $2,499 | $3,111 | $4,450 |
| Lincoln Park | $2,957 | $2,000 | $3,159 | $4,943 |
Frequently asked
What is the average rent in West Loop?
The median asking rent in West Loop is $2,813 a month and the average is $3,039, based on 651 apartments available in 30 buildings as of September 21, 2026. By size, the median is $2,360 for a studio, $2,889 for a 1 bedroom, $4,116 for a 2 bedroom, $5,860 for a 3 bedroom.
How much is a studio apartment in West Loop?
The median asking rent for a studio in West Loop is $2,360 a month, ranging from $1,766 to $2,962 across 153 available units, with an average size of 527 square feet.
How much is a 1 bedroom apartment in West Loop?
The median asking rent for a 1 bedroom in West Loop is $2,889 a month, ranging from $2,050 to $4,122 across 331 available units, with an average size of 721 square feet.
How much is a 2 bedroom apartment in West Loop?
The median asking rent for a 2 bedroom in West Loop is $4,116 a month, ranging from $3,195 to $9,250 across 122 available units, with an average size of 1,127 square feet.
How much is a 3 bedroom apartment in West Loop?
The median asking rent for a 3 bedroom in West Loop is $5,860 a month, ranging from $4,582 to $7,937 across 13 available units, with an average size of 1,462 square feet.
Is West Loop more expensive than the rest of Chicago?
The median asking rent in West Loop is $2,813. That is 2% above the Chicago median of $2,754, which covers 5,718 available apartments in 374 buildings.
Where do these numbers come from?
Precise Rent reads each building's own published pricing and availability every morning and afternoon. These figures count only apartments that are available right now, at the listed monthly price before any move-in special.