Loop Rent Trends
Chicago, IL · September 2026 · median asking rents from leased listings
Data through September 2026 · Last updated October 7, 2026 · Next release: early November 2026
- Median asking rent
- $2,901
- Effective rent
- $2,880
- Vs. Chicago median
- +16%
- Avg days to lease
- 18
- Active rentals now
- 137
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
Studio
$2,480
— YoY · as of September 2026
1 bedroom
$2,704
— YoY · as of September 2026
2 bedroom
$4,124
— YoY · as of September 2026
3+ bedroom
$5,938
— YoY · as of August 2026
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology
Data through September 2026 · Last updated October 7, 2026 · Next release: early November 2026
Loop renting, answered
- What is the average rent in Loop?
- As of September 2026, the median asking rent in Loop is $2,901 per month, based on 244 leased listings. By size, the median is $2,704 for a 1 bedroom and $4,124 for a 2 bedroom.
- Is Loop more expensive than Chicago overall?
- Loop's median asking rent is 16% above the Chicago citywide median of $2,505.
- How quickly do rentals lease in Loop?
- Over the last 90 days, rentals in Loop leased in an average of 18 days, with 137 active listings on the market right now.
Beyond the numbers
Get to know Loop
Restaurants, parks, transit, and what living here actually feels like — in our full neighborhood guide.
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