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 Dollop Coffee Co. in the lobby. 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!
The average monthly rent for an apartment in South Loop, Chicago, IL is around $2,000.
A share of 9% of apartments in South Loop, Chicago, IL have the cheapest rents between $1,001-$1,500. Around 3% of rentals are in the most expensive price range of $2,501-$3,000. Around 33% of South Loop's apartments have monthly rents between $1,501-$2,000. There are 55% of apartments with rents between $2,001-$2,500.
Check out the average rent in Chicago.
The national average price of rental apartments is $1,751, while the average monthly rent in South Loop, Chicago, IL is $2,000.
The price range of a studio apartment is between $1,607 and $3,963.
There are 16 studio rentals available on RentCafe. Prices and availability in South Loop, Chicago, IL were last updated on 15 Mar 2025.
The average South Loop, Chicago, IL studio apartment size is 403 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 23,377 residents, 11,845 women and 11,532 men, per U.S. Census recent estimates. Statistics show that the median age of South Loop’s population is 32.9.
There is a total of 11,335 households in South Loop, Chicago, IL. Of these, 1,672 have children and 9,664 are without children. Per Census Bureau’s most current estimates, 4,460 family households and 6,875 non-family households live in this area. The size of a household in South Loop is 1.93 people, on average. The median household annual income in South Loop equals $116,462, and the monthly housing costs equal $2,411.
According to data from the U.S. Census Bureau, 5% of the population in South Loop, Chicago, IL have no high school education, 16% went to high-school, and 13% have partially completed college. Moreover, 4% of the population hold an Associate Degree, 32% hold a Bachelor Degree, and 30% hold a Graduate Degree.
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.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 "modern amenity area for residents")