The average monthly rent for an apartment in Chicago Loop, Chicago, IL is around $2,237.
Studio Apartments for Rent in Chicago Loop, Chicago, IL
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More Rentals Near Chicago Loop, Chicago, IL
Rental prices in Chicago Loop, Chicago, IL have increased by 6.63% over the past year. The average rent moved from $2,098 to $2,237.
Check out the average rent in Chicago.
The national average price of rental apartments is $1,741, while the average monthly rent in Chicago Loop, Chicago, IL is $2,237.
The average monthly rent for an apartment in Chicago Loop, Chicago, IL is around $2,237.
A share of 37% of apartments in Chicago Loop, Chicago, IL have the cheapest rents between $1,501-$2,000. Around 2% of rentals are > $3,000. Around 41% of Chicago Loop's apartments have monthly rents between $2,001-$2,500. There are 20% of apartments with rents between $2,501-$3,000.
The largest share of rentals in Chicago Loop, Chicago, IL (41%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
There are 32 studio rentals available on RentCafe. Prices and availability in Chicago Loop, Chicago, IL were last updated on 22 Feb 2026.
The average Chicago Loop, Chicago, IL studio apartment size is 392 sq. ft.
Studio apartments in Chicago Loop, Chicago, IL tend to be more affordable than other apartments and they have lower utility costs.
One of the downsides of living in a studio apartment is the limited storage space.
In total, Chicago Loop, Chicago, IL has 11,076 residents, 6,009 women and 5,067 men, per U.S. Census recent estimates. Statistics show that the median age of Chicago Loop’s population is 33.
There is a total of 6,791 households in Chicago Loop, Chicago, IL. Of these, 596 have children and 6,195 are without children. Per Census Bureau’s most current estimates, 2,360 family households and 4,432 non-family households live in this area. The size of a household in Chicago Loop is 1.04 people, on average. The median household annual income in Chicago Loop equals $127,323, and the monthly housing costs equal $2,492.
According to data from the U.S. Census Bureau, 2% of the population in Chicago Loop, Chicago, IL have no high school education, 6% went to high-school, and 7% have partially completed college. Moreover, 4% of the population hold an Associate Degree, 39% hold a Bachelor Degree, and 42% hold a Graduate Degree.