South Loop Rent Trends
Chicago, IL · September 2026 · Abode managed-community data (includes concession-adjusted effective rents)
Data through September 2026 · Last updated October 7, 2026 · Next release: early November 2026
- Median asking rent
- $2,747
- Effective rent
- $2,708
- Vs. Chicago median
- +10%
- Avg days to lease
- —
- Active rentals now
- 328
Asking vs. effective rent over time
Asking rentEffective rent (after concessions)Concession spread
Studio
$2,249
— YoY · as of September 2026
1 bedroom
$2,690
— YoY · as of September 2026
2 bedroom
$3,408
— YoY · as of September 2026
3+ bedroom
$6,095
— YoY · as of September 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
South Loop renting, answered
- What is the average rent in South Loop?
- As of September 2026, the median asking rent in South Loop is $2,747 per month, based on 615 leased listings. By size, the median is $2,690 for a 1 bedroom and $3,408 for a 2 bedroom.
- Is South Loop more expensive than Chicago overall?
- South Loop's median asking rent is 10% above the Chicago citywide median of $2,505.
Beyond the numbers
Get to know South Loop
Restaurants, parks, transit, and what living here actually feels like — in our full neighborhood guide.
Read the South Loop guide →Thinking about South Loop?
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