West 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
- $2,891
- Effective rent
- $2,825
- Vs. Chicago median
- +18%
- Avg days to lease
- 18
- Active rentals now
- 621
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
Studio
$2,341
— YoY · as of October 2026
1 bedroom
$2,760
— YoY · as of October 2026
2 bedroom
$4,149
— YoY · as of October 2026
3+ bedroom
$5,266
— 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
West Loop renting, answered
- What is the average rent in West Loop?
- As of October 2026, the median asking rent in West Loop is $2,891 per month, based on 706 leased listings. By size, the median is $2,760 for a 1 bedroom and $4,149 for a 2 bedroom.
- Is West Loop more expensive than Chicago overall?
- West Loop's median asking rent is 18% above the Chicago citywide median of $2,450.
- How quickly do rentals lease in West Loop?
- Over the last 90 days, rentals in West Loop leased in an average of 18 days, with 621 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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