What is the average apartment size in West Loop, Chicago, IL?

The average size for a West Loop, Chicago, IL apartment is 687 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in West Loop?

As of Apr / 2026, the average rent in West Loop is $2,457 per month, a 5.64% increase from last years average of $2,326.

How much does rent cost by apartment size in West Loop?

In West Loop, studios rent for $2,035 per month, one-bedroom units average $2,568 per month, two-bedrooms cost around $3,563 per month.

What is the average apartment size in West Loop?

The typical apartment in West Loop offers about 687 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in West Loop?

Studio apartments in West Loop average 547 sq. ft., one-bedrooms offer 710 sq. ft., two-bedrooms are about 1,103 sq. ft.

West Loop, Chicago, IL Rental Market Trends

Q: What's the typical rent budget in West Loop?

The typical rent budget in West Loop ranges from $2,001 to $2,500 per month, with 39% of rentals in this range.

Q: Do most people rent or own in West Loop?

In West Loop, 72% of households rent while 28% own their homes, based on the latest U.S. Census data.

Last updated: May 13, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in West Loop is $2,457, a 5.64% increase compared to the previous year, when the average rent was $2,326.

Studio Apartments at $2,035 offer the most budget-friendly option with 547 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 710 square feet for $2,568, balancing privacy and affordability.

Two-beedroom units at $3,563 offer 1,103 square feet, perfect for roommates or small families.

Average rent in West Loop, Chicago, IL

Last updated: May 13, 2026

	Average Rent	Average Apartment Size
All Rentals	$2,457	687 sq. ft.
Studio	$2,035	547 sq. ft.
1 Bed	$2,568	710 sq. ft.
2 Beds	$3,563	1,103 sq. ft.
3 Beds	n/a	n/a

West Loop, Chicago, IL rent trends

Rental prices in West Loop, Chicago, IL have increased by 5.64% over the past year. The average rent moved from $2,326 to $2,457.

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

The largest share of rentals in West Loop, Chicago, IL (39%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in West Loop, Chicago, IL?

3,813 or 72% of the households in West Loop, Chicago, IL are renter-occupied while 1,469 or 28% are owner-occupied.

Most affordable neighborhoods in West Loop?

Jackson Park Highlands $1,087/month

Austin $1,107/month

Washington Park $1,212/month

All of these neighborhoods fall below the city wide average of $2,471/month.

Most expensive neighborhoods in West Loop?

Greektown $3,370/month

Wrightwood $3,738/month

Sheffield $3,837/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Chicago, IL By Neighborhood

Neighborhood	Average Rent
Sheffield	$3,837
Wrightwood	$3,738
Greektown	$3,370
River North	$3,368
Fulton Market	$3,331
Streeterville	$3,254
Near East Side Chicago	$3,121
Old Town Chicago	$3,114
Goose Island	$3,085
Downtown Chicago	$3,066
Bucktown	$3,040
Old Town Triangle	$3,027
Near West Side	$2,999
River West	$2,994
Chicago Loop	$2,981
Wicker Park	$2,955
Fulton River District	$2,935
Near North Side Chicago	$2,928
Humboldt Park	$2,791
East Village	$2,760
South Loop	$2,727
Gold Coast	$2,602
Printer's Row	$2,465
Cabrini - Green	$2,461
Lincoln Park	$2,375
West Loop	$2,362
Little Italy	$2,236
Logan Square	$2,223
Lakeview	$2,199
Ravenswood	$2,111
East Hyde Park	$2,034
Andersonville	$2,015
Palmer Square	$2,009
Clarendon Park	$1,955
Kenwood	$1,926
Stateway Gardens	$1,887
Park West	$1,887
Hyde Park	$1,800
Uptown Chicago	$1,746
Buena Park	$1,706
Bronzeville	$1,603
Margate Park	$1,592
Budlong Woods	$1,577
Bryn Mawr Historic District	$1,570
North Kenwood	$1,512
Rogers Park	$1,506
West Rogers Park	$1,500
Woodlawn	$1,478
East Garfield Park	$1,443
Edgewater Beach	$1,418
South Shore	$1,355
Jefferson Park	$1,345
Edgewater	$1,326
Sheridan Park	$1,323
Douglas Park	$1,309
Englewood	$1,307
Washington Park	$1,212
Austin	$1,107
Jackson Park Highlands	$1,087

Chicago | Rent Comparison by Neighborhood

Rent in West Loop is 17% higher than in Andersonville

$2,362

West Loop rent is 4% lower than Chicago average

Average Rent $2,362

$2,015

Andersonville rent is 18% lower than Chicago average

Average Rent $2,015

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all West Loop apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.