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 Sep / 2026, the average rent in West Loop is $2,472 per month, a 8.93% increase from last years average of $2,269.

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

In West Loop, studios rent for $2,078 per month, one-bedroom units average $2,475 per month, two-bedrooms cost around $3,888 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 52% 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: October 30, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in West Loop is $2,472, a 8.93% increase compared to the previous year, when the average rent was $2,269.

Studio Apartments at $2,078 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 $2,475, balancing privacy and affordability.

Two-bedroom units at $3,888 offer 1,103 square feet, perfect for roommates or small families.

Average rent in West Loop, Chicago, IL

Last updated: October 30, 2026

	Average Rent	Average Apartment Size
All Rentals	$2,472	687 sq. ft.
Studio	$2,078	547 sq. ft.
1 Bed	$2,475	710 sq. ft.
2 Beds	$3,888	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 8.93% over the past year. The average rent moved from $2,269 to $2,472.

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

The largest share of rentals in West Loop, Chicago, IL (52%) 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?

Austin $1,180/month

Washington Park $1,253/month

Englewood $1,270/month

All of these neighborhoods fall below the city wide average of $2,531/month.

Most expensive neighborhoods in West Loop?

River North $3,419/month

Wrightwood $3,783/month

Sheffield $4,051/month

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

Average Rent in Chicago, IL By Neighborhood

Neighborhood	Average Rent
Sheffield	$4,051
Wrightwood	$3,783
River North	$3,419
Fulton Market	$3,369
Greektown	$3,362
Bucktown	$3,361
Streeterville	$3,250
Old Town Chicago	$3,187
Downtown Chicago	$3,130
Goose Island	$3,101
Near East Side Chicago	$3,100
Near West Side	$3,091
West Town	$3,054
River West	$3,044
Old Town Triangle	$3,033
Wicker Park	$3,009
Fulton River District	$2,996
Chicago Loop	$2,991
Near North Side Chicago	$2,909
East Village	$2,860
Tri-Taylor	$2,850
South Loop	$2,802
Humboldt Park	$2,791
Gold Coast	$2,670
Cabrini - Green	$2,567
West Loop	$2,472
Printer's Row	$2,463
Lincoln Park	$2,428
Little Italy	$2,318
Lakeview	$2,302
Logan Square	$2,296
Ravenswood	$2,135
Palmer Square	$2,122
East Hyde Park	$2,114
Andersonville	$2,012
Park West	$1,987
Kenwood	$1,976
Clarendon Park	$1,964
Stateway Gardens	$1,948
Bronzeville	$1,828
Bryn Mawr Historic District	$1,782
Oakland	$1,781
Buena Park	$1,770
Margate Park	$1,764
Hyde Park	$1,714
Uptown Chicago	$1,676
Woodlawn	$1,631
West Rogers Park	$1,616
Rogers Park	$1,539
North Kenwood	$1,509
Edgewater Beach	$1,506
East Garfield Park	$1,502
Sheridan Park	$1,442
South Shore	$1,381
Jefferson Park	$1,345
Edgewater	$1,326
Douglas Park	$1,294
Englewood	$1,270
Washington Park	$1,253
Austin	$1,180

Chicago | Rent Comparison by Neighborhood

Rent in West Loop is 23% higher than in Andersonville

$2,472

West Loop rent is the same as Chicago average

Average Rent $2,472

$2,012

Andersonville rent is 19% lower than Chicago average

Average Rent $2,012

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.