The average monthly rent for an apartment in West Loop, Chicago, IL is around $1,920.
Studio Apartments for Rent in West Loop, Chicago, IL
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More Rentals Near West Loop, Chicago, IL
Rental prices in West Loop, Chicago, IL have increased by 2.25% over the past year. The average rent moved from $1,878 to $1,920.
Check out the average rent in Chicago.
The national average price of rental apartments is $1,741, while the average monthly rent in West Loop, Chicago, IL is $1,920.
The average monthly rent for an apartment in West Loop, Chicago, IL is around $1,920.
A share of 83% of apartments in West Loop, Chicago, IL have the cheapest rents between $1,501-$2,000. Around 13% of West Loop's apartments have monthly rents between $2,001-$2,500. There are 4% of apartments with rents between $2,501-$3,000.
The largest share of rentals in West Loop, Chicago, IL (83%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
There are 6 studio rentals available on RentCafe. Prices and availability in West Loop, Chicago, IL were last updated on 22 Feb 2026.
The average West Loop, Chicago, IL studio apartment size is 1,027 sq. ft.
Studio apartments in West 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, West Loop, Chicago, IL has 7,672 residents, 3,589 women and 4,083 men, per U.S. Census recent estimates. Statistics show that the median age of West Loop’s population is 32.
There is a total of 5,012 households in West Loop, Chicago, IL. Of these, 321 have children and 4,692 are without children. Per Census Bureau’s most current estimates, 1,263 family households and 3,750 non-family households live in this area. The size of a household in West Loop is 1 people, on average. The median household annual income in West Loop equals $138,831, and the monthly housing costs equal $2,441.
According to data from the U.S. Census Bureau, of the population in West Loop, Chicago, IL have no high school education, 2% went to high-school, and 8% have partially completed college. Moreover, 4% of the population hold an Associate Degree, 43% hold a Bachelor Degree, and 44% hold a Graduate Degree.