Century Tower
182 W Lake St,
Chicago, IL 60601
$1,945 - $5,126
Studio - 3 Beds
The Loop serves as Chicago’s downtown district and is home to many of the city’s most famous landmarks: the Willis Tower (formerly the Sears Tower), Buckingham Fountain, and City Hall, to name just a few. The skyline is dominated by skyscrapers representing well over a century’s worth of architectural designs and styles, from the earliest Victorian-era high-rises to ultra-modern glass towers and everything in between.
What’s it like to live in the Loop? The neighborhood is loaded with everyday attractions like the lakefront, which gives the neighborhood stunning waterfront views. The dining scene is incredible, with world-class food of every description readily available anywhere you look. The nightlife incorporates everything from dives and corner taverns to swanky nightclubs and cocktail bars. Renters pay a premium to live here, but they get to enjoy all the benefits of having the very best of Chicago right at their doorstep.
Elevated train tracks above the streets in the Loop
A lovely summer day on the Chicago river
A busy street in the heart of the Chicago Loop
As of January 2026, the average apartment rent in Chicago Loop is $2,179 for a studio, $2,654 for one bedroom, $3,864 for two bedrooms, and $5,635 for three bedrooms. Apartment rent in Chicago Loop has increased by 1.6% in the past year.
Studio
585 sq ft
Average Sq Ft
$2,179/month
Average Rent
1 BR
763 sq ft
Average Sq Ft
$2,654/month
Average Rent
2 BR
1,145 sq ft
Average Sq Ft
$3,864/month
Average Rent
3 BR
1,656 sq ft
Average Sq Ft
$5,635/month
Average Rent
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Rider's Paradise
out of 100 TransitScore® Rating
Living in this area is considered a rider’s paradise, with world-class transportation.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.