.jpg?width=480&quality=90 "Resort Style Pool at The Elle Apartments in Chicago, IL 60605")
The Elle Apartments is the definition of urban luxury. At first glance, it’s all about our location right next to Grant Park and Soldier Field, where these South Loop apartments offer a living experience that’s second to none. Look closer at our vibrant community and you’ll discover a collection of top-tier amenities, from a modern coworking hub and a multi-screen theater to an expansive outdoor lawn. And the most exciting of it all? Sweeping skyline and Lake Michigan views are a given. Seeing Chicago’s finest spots from above is special – but imagine living in a walker’s paradise, with downtown, the Art Institute, and Roosevelt Collection Shops at your fingertips. Since our neighborhood has a perfect transit score, commutes are swift. The Chicago Trading Company and Sterling Trading Tech are on the same street, while UI Health and the University of Chicago are a short ride from the nearby LaSalle Station. Experience the best of South Loop, Chicago – join our apartments today!
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Rental prices in South Loop, Chicago, IL have increased by 0.96% over the past year. The average rent moved from $1,972 to $1,991.
Check out the average rent in Chicago.
The national average price of rental apartments is $1,743, while the average monthly rent in South Loop, Chicago, IL is $1,991.
The average monthly rent for an apartment in South Loop, Chicago, IL is around $1,991.
A share of 11% of apartments in South Loop, Chicago, IL have the cheapest rents between $1,001-$1,500. Around 8% of rentals are $2,501-$3,000. Around 51% of South Loop's apartments have monthly rents between $1,501-$2,000. There are 31% of apartments with rents between $2,001-$2,500.
The largest share of rentals in South Loop, Chicago, IL (51%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
The price range of a studio apartment is between $1,734 and $4,010.
There are 3 studio rentals available on RentCafe. Prices and availability in South Loop, Chicago, IL were last updated on 20 Nov 2025.
The average South Loop, Chicago, IL studio apartment size is 422 sq. ft.
Studio apartments in South 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, 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.
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.
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.
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.jpg?width=480&quality=90 "Open Concept Living Room at The Grand Central Apartments in Chicago, IL 60607")
2560.png "Plank-style flooring at Presidential Towers in Chicago IL")
.png?width=480&quality=90 "Park Michigan Model Living Room")
&cropxunits=300&cropyunits=169&width=480&quality=90 "Studio, One-, and Two-Bedroom Residences")
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&cropxunits=300&cropyunits=198&width=480&quality=90 "Living room layout with couch, dining set, and large windows")
&cropxunits=300&cropyunits=200&width=480&quality=90 "Pet friendly community")
