Average Rent in South Loop, Chicago, IL

There are a total of 5 cities nearby South Loop. The average rent in South Loop is currently $2,500 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Chicago, IL, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near South Loop, Chicago, IL is Evanston, IL. Monthly rents here are on average $2,795 per month.

Let's compare South Loop, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 13.95% more expensive. Two bedrooms in South Loop, Chicago, IL are about 20.72% more expensive. Finally, rent for three bedrooms are about 42.55% more expensive. Want more information? Check out the top 5 cities near South Loop, Chicago, IL in the following chart.

There are a total of 12 neighborhoods in or near South Loop. Some of these neighborhoods include South Shore, Uptown, and Edgewater. We've included all of these top 12 neighborhoods in or near South Loop, Chicago, IL in the following chart.

The average rent for these 12 neighborhoods in or near South Loop, Chicago, IL is currently around $2,146 per month. A total of 10 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $2,146. Out of all the neighborhoods in or near South Loop, South Shore has the most affordable average rent at $1,450 per month. Whereas, at $3,050 average rent per month, The Loop is the most expensive neighborhood in or near South Loop. View the following chart for more information.

There are a total of 12 counties located by South Loop, Chicago, IL. Some of these counties include Milton, IL, Chicago, IL, and Downers Grove, IL. The average rent for rentals in these counties is $2,200. That's roughly around $2 per sqft. A total of 6 counties have a lower average rent. The county that is the most affordable is Milton, IL. It's average rent per month is $1,975. Vice versa, with an average rent of $2,795, Evanston, IL is the most expensive county by South Loop, Chicago, IL.

In comparison, rent for one bedroom listings in South Loop, Chicago, IL is 13.95% more expensive than other counties nearby. Finally, rent for two bedrooms in South Loop, Chicago, IL is 22.41% more expensive than other counties nearby. We've listed the top 7 counties in the chart below.

There are a total of 4 zipcodes in or near South Loop, Chicago, IL. The average rent for all of these zipcodes is $2,044. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60641, Chicago, IL at $1,643 per month. In comparison, the zipcode with the most expensive average rent of $2,263 per month is 60618, Chicago, IL.

Studios in these zipcodes have an average rent of $1,270. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near South Loop, Chicago, IL is $1,637 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,094 per month. Which comes out to $2 per sqft. The following chart includes the top 4 zipcodes in South Loop, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.