Average Rent in The Loop, Chicago, IL

There are a total of 5 cities nearby The Loop. The average rent in The Loop is currently $2,435 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Chicago, IL, with an average rent of $2,150, is the most affordable city nearby. In contrast, the most expensive city near The Loop, Chicago, IL is Naperville, IL. Monthly rents here are on average $2,925 per month.

Let's compare The Loop, Chicago, IL's rent against other top cities nearby by bedroom size. One bedrooms are about 26.00% more expensive. Two bedrooms in The Loop, Chicago, IL are about 35.04% more expensive. Finally, rent for three bedrooms are about 62.88% more expensive. Want more information? Check out the top 5 cities near The Loop, Chicago, IL in the following chart.

There are a total of 15 neighborhoods in or near The Loop. Some of these neighborhoods include South Shore, Uptown, and Rogers Park. We've included all of these top 15 neighborhoods in or near The Loop, Chicago, IL in the following chart.

The average rent for these 15 neighborhoods in or near The Loop, Chicago, IL is currently around $2,245 per month. A total of 15 neighborhoods have a lower average rent. Out of all the neighborhoods in or near The Loop, South Shore has the most affordable average rent at $1,463 per month. Whereas, at $3,198 average rent per month, Near West Side is the most expensive neighborhood in or near The Loop. View the following chart for more information.

There are a total of 15 counties located by The Loop, Chicago, IL. Some of these counties include Chicago, IL, Downers Grove, IL, and Schaumburg, IL. The average rent for rentals in these counties is $2,375. That's roughly around $2 per sqft. A total of 8 counties have a lower average rent. The county that is the most affordable is Chicago, IL. It's average rent per month is $2,150. Vice versa, with an average rent of $2,760, Evanston, IL is the most expensive county by The Loop, Chicago, IL.

In comparison, rent for one bedroom listings in The Loop, Chicago, IL is 26.02% more expensive than other counties nearby. Finally, rent for two bedrooms in The Loop, Chicago, IL is 33.94% more expensive than other counties nearby. We've listed the top 8 counties in the chart below.

There are a total of 2 zipcodes in or near The Loop, Chicago, IL. The average rent for all of these zipcodes is $2,200. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 60615, Chicago, IL at $2,000 per month. In comparison, the zipcode with the most expensive average rent of $2,400 per month is 60618, Chicago, IL.

Studios in these zipcodes have an average rent of $1,486. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near The Loop, Chicago, IL is $1,898 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,969 per month. Which comes out to $2 per sqft. The following chart includes the top 2 zipcodes in The Loop, Chicago, IL. You can view the average rent breakdown for each zipcode by bedroom size.