Loop Rent Trends
Chicago, IL · October 2026 · median asking rents from leased listings
Data through October 2026 · Last updated November 7, 2026 · Next release: early December 2026
- Median asking rent
- $2,680
- Effective rent
- $2,662
- Vs. Chicago median
- +9%
- Avg days to lease
- 18
- Active rentals now
- 352
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
Studio
$2,342
— YoY · as of October 2026
1 bedroom
$2,786
— YoY · as of October 2026
2 bedroom
$4,082
— YoY · as of October 2026
3+ bedroom
$6,598
— YoY · as of October 2026
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology
Data through October 2026 · Last updated November 7, 2026 · Next release: early December 2026
Loop renting, answered
- What is the average rent in Loop?
- As of October 2026, the median asking rent in Loop is $2,680 per month, based on 313 leased listings. By size, the median is $2,786 for a 1 bedroom and $4,082 for a 2 bedroom.
- Is Loop more expensive than Chicago overall?
- Loop's median asking rent is 9% above the Chicago citywide median of $2,450.
- How quickly do rentals lease in Loop?
- Over the last 90 days, rentals in Loop leased in an average of 18 days, with 352 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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