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West 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
$2,922
Effective rent
$2,868
Vs. Chicago median
+17%
Avg days to lease
16
Active rentals now
217

Median asking rent over time

$1.6k$2.0k$2.5k$3.1kAug ’23Feb ’24Aug ’24Feb ’25Aug ’25Feb ’26Sep ’26
Asking rentEffective rent (after concessions)Concession spread
Studio
$2,429
— YoY · as of September 2026
1 bedroom
$2,925
— YoY · as of September 2026
2 bedroom
$3,823
— YoY · as of September 2026
3+ bedroom
$6,446
— 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

West Loop renting, answered

What is the average rent in West Loop?
As of September 2026, the median asking rent in West Loop is $2,922 per month, based on 570 leased listings. By size, the median is $2,925 for a 1 bedroom and $3,823 for a 2 bedroom.
Is West Loop more expensive than Chicago overall?
West Loop's median asking rent is 17% above the Chicago citywide median of $2,505.
How quickly do rentals lease in West Loop?
Over the last 90 days, rentals in West Loop leased in an average of 16 days, with 217 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 →

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