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Loop vs South Loop Apartments — Rents, Averages & Specials Compared

Verified rents, averages and specials · IQ Realtors

Marquee at Block 37 — Loop, Chicago

Quick answer

For one-bedrooms, South Loop starts lower — from $2,025 across 25 buildings, versus $2,065 in Loop. Average one-bedroom rent: $2,794 in Loop, $2,680 in South Loop. Studios start at $2,015 in Loop and $1,795 in South Loop. Loop lists 213 homes in 10 buildings on IQ Realtors; South Loop lists 404 in 29.

How we get these numbers

Gathered: every figure on this page comes from IQ Realtors's own rental database of real, currently listed homes in professionally managed Chicago buildings — the same verified data behind our search.

Verified: rents, availability and move-in specials are checked against each building's official leasing sources. Fees are published only where a verified fee sheet is on file — and where one is not, the page says so instead of guessing.

Fresh: this page was generated November 13, 2026 from that data, and pages are rebuilt as the underlying rents and specials change — the generation date is the freshness stamp.

Loop and South Loop sit side by side in Chicago, and renters cross-shop them constantly. This page compares the two areas on the same verified data — every figure below is aggregated from real listed homes on IQ Realtors, not teaser ranges.

Rents by home type — Loop vs South Loop

Home typeBuildingsHomesFromRent rangeAverage rent
Loop
Studios851$2,015$2,015–$2,720$2,361
Convertibles214$2,377$2,377–$2,689$2,541
One-bedrooms1093$2,065$2,065–$3,474$2,794
Two-bedrooms843$2,868$2,868–$5,205$4,076
Three-bedrooms11$4,125$4,125$4,125
South Loop
Studios1774$1,795$1,795–$2,949$2,278
Convertibles47$1,990$1,990–$2,583$2,288
One-bedrooms25188$2,025$2,025–$3,674$2,680
Two-bedrooms27106$2,080$2,080–$5,997$3,781
Three-bedrooms1018$2,020$2,020–$8,243$5,573
Penthouses33$4,063$4,063–$10,824$6,362

Selection & specials

LoopSouth Loop
Buildings with listed homes1029
Homes listed213404
Available now155292
Buildings running a current special311

Most-listed buildings in Loop: Marquee at Block 37 73 East Lake Lake & Wells

Most-listed buildings in South Loop: 1130 South Michigan NEMA Chicago Sentral Michigan Avenue

Frequently asked questions

Is Loop or South Loop cheaper for a one-bedroom?

One-bedrooms start at $2,065 in Loop (average $2,794 across 93 homes) and $2,025 in South Loop (average $2,680 across 188 homes), so South Loop has the lower entry price; the averages say South Loop runs lower overall.

Is Loop or South Loop cheaper for a studio?

Studios start at $2,015 in Loop (average $2,361) and $1,795 in South Loop (average $2,278); South Loop starts lower.

Is Loop or South Loop cheaper for a two-bedroom?

Two-bedrooms start at $2,868 in Loop (average $4,076) and $2,080 in South Loop (average $3,781); South Loop starts lower.

Which has more apartments, Loop or South Loop?

Loop lists 213 homes across 10 buildings on IQ Realtors, with 155 available now. South Loop lists 404 homes across 29 buildings, with 292 available now.

Which neighborhood has more move-in specials, Loop or South Loop?

3 buildings in Loop and 11 in South Loop are running a current special on IQ Realtors. The live roundup is on the Chicago apartment specials page.

Should I rent in Loop or South Loop?

On the verified numbers: one-bedrooms average $2,794 in Loop versus $2,680 in South Loop; Loop lists 213 homes and South Loop lists 404. Renters cross-shop the two because they are neighboring areas — the deciding factors are usually the specific buildings, so compare the most-listed buildings in each above and check current specials before touring.

Search homes in Loop and South Loop side by side — and ask Mica, our AI concierge, which fits your budget and move date.

Search all homes on IQ Realtors → More answers

Figures on this page come from IQ Realtors's verified rental data, checked against buildings' official leasing sources. Page generated November 13, 2026. Rents, specials and availability change — confirm current pricing on IQ Realtors before you apply.