West Loop Rent Trends
Chicago, IL · July 2026 · median asking rents from leased listings
Data through July 2026 · Last updated August 7, 2026 · Next release: early September 2026
- Median asking rent
- $3,000
- Effective rent
- $3,000
- Vs. Chicago median
- +20%
- Avg days to lease
- 14
- Active rentals now
- 712
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$2,700
-2.7% YoY · as of July 2026
2 bedroom
$3,850
+13.2% YoY · as of July 2026
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology
Data through July 2026 · Last updated August 7, 2026 · Next release: early September 2026
West Loop renting, answered
- What is the average rent in West Loop?
- As of July 2026, the median asking rent in West Loop is $3,000 per month, based on 31 leased listings. By size, the median is $2,700 for a 1 bedroom and $3,850 for a 2 bedroom.
- Are rents in West Loop going up or down?
- Median asking rent in West Loop is down 3.2% compared with a year ago.
- Is West Loop more expensive than Chicago overall?
- West Loop's median asking rent is 20% 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 14 days, with 712 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.
Read the West Loop guide →Thinking about West Loop?
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