West Loop Rent Trends
Chicago, IL · June 2026 · median asking rents from leased listings
Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026
- Median asking rent
- $3,450
- Effective rent
- $3,450
- Vs. Chicago median
- +38%
- Avg days to lease
- 12
- Active rentals now
- 687
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$2,700
+6.9% YoY · as of June 2026
2 bedroom
$3,741
+3.9% YoY · as of June 2026
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology
Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026
West Loop renting, answered
- What is the average rent in West Loop?
- As of June 2026, the median asking rent in West Loop is $3,450 per month, based on 48 leased listings. By size, the median is $2,700 for a 1 bedroom and $3,741 for a 2 bedroom.
- Are rents in West Loop going up or down?
- Median asking rent in West Loop is up 13.2% compared with a year ago.
- Is West Loop more expensive than Chicago overall?
- West Loop's median asking rent is 38% above the Chicago citywide median of $2,500.
- How quickly do rentals lease in West Loop?
- Over the last 90 days, rentals in West Loop leased in an average of 12 days, with 687 active listings on the market right now.
Beyond the numbers
Get to know West Loop
Restaurants, parks, transit, and what living here actually feels like — in our full neighborhood guide.
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