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3 Bedroom Apartments for Rent in South Loop, Chicago, IL

29 Rentals Available
3 Bedroom Apartments for Rent in South Loop, Chicago, IL. 29 Rentals Available
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South Loop, Chicago, IL rent trends

Rental prices in South Loop, Chicago, IL have increased by 2.79% over the past year. The average rent moved from $4,226 to $4,344.

Check out the average rent in Chicago.

The national average price of rental apartments is $1,741, while the average monthly rent in South Loop, Chicago, IL is $4,344.

Average rent in South Loop, Chicago, IL

$4,344/mo South Loop, Chicago, IL average rental price, January 2026
Image Average Rent

The average monthly rent for an apartment in South Loop, Chicago, IL is around $4,344.

    What's the typical rent budget in South Loop, Chicago, IL?

    A share of 14% of apartments in South Loop, Chicago, IL have the cheapest rents between $1,001-$1,500. Around 15% of South Loop's apartments have monthly rents between $2,501-$3,000. There are 72% of apartments with rents between > $3,000.

    The largest share of rentals in South Loop, Chicago, IL (72%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in South Loop, IL

    88 /100
    Very Walkable
    82 /100
    Excellent Transit
    92 /100
    Biker's Paradise
    Walk Score®: 88, Transit Score®: 82, Bike Score®: 92

    Frequently asked questions

    What is the price of a 3 bedroom apartment in South Loop, Chicago, IL?

    How many 3 bedroom apartments for rent are available in South Loop, Chicago, IL on RentCafe?

    There are 3 3 bedroom rentals available on RentCafe. Prices and availability in South Loop, Chicago, IL were last updated on 19 Feb 2026.

    What is the average size of a 3 bedroom apartment in South Loop, Chicago, IL?

    The average South Loop, Chicago, IL 3 bedroom apartment size is 1,050 sq. ft.

    What are the advantages of renting a 3 bedroom apartment in South Loop, Chicago, IL?

    Renting a 3 bedroom apartment offers extra space compared to a 2 bedroom apartment, suited for a family or for sharing it with someone else.

    What are the downsides of renting a 3 bedroom apartment in South Loop, Chicago, IL?

    A 3 bedroom apartment is more expensive than smaller units and it usually comes with higher utility costs.

    South Loop, Chicago, IL demographics

    • 24,104Total Population
    • 11,882 Female
      12,221 Male
    • 31Median Age

    In total, South Loop, Chicago, IL has 24,104 residents, 11,882 women and 12,221 men, per U.S. Census recent estimates. Statistics show that the median age of South Loop’s population is 31.

    South Loop, Chicago, IL households

    • 4,571 Family
      7,303 Non-family
    • 1,662 Children
      10,212 No Children
    • 11,874Total Number of Households
    • 1.52Average People Per Household
    • $118,403Median Household Income

    There is a total of 11,874 households in South Loop, Chicago, IL. Of these, 1,662 have children and 10,212 are without children. Per Census Bureau’s most current estimates, 4,571 family households and 7,303 non-family households live in this area. The size of a household in South Loop is 1.52 people, on average. The median household annual income in South Loop equals $118,403, and the monthly housing costs equal $2,426.

    South Loop, Chicago, IL education statistics

    According to data from the U.S. Census Bureau, 5% of the population in South Loop, Chicago, IL have no high school education, 15% went to high-school, and 15% have partially completed college. Moreover, 4% of the population hold an Associate Degree, 33% hold a Bachelor Degree, and 29% hold a Graduate Degree.