Apartment Price Drops This Week in Near West Side - Chicago, IL
Biggest Rent Drops in Near West Side, Chicago
Data updated: August 24, 2025 at 09:22 PM PDT
Looking for an apartment deal in Near West Side? We’ve surfaced the biggest rent drops and current trends in this part of Chicago.
Which listings in Near West Side have had the biggest price drops in the past week?
Unit 3906 at 727 West Madison, featuring 3 bedrooms and 3 bathrooms, recently saw a price reduction of $440, bringing the monthly rent to $6,775. Meanwhile, Unit 1101 at The Mason, with 3 bedrooms and 2 bathrooms, experienced a $167 drop, making the new price $5,832. These deals are worth exploring for anyone seeking luxury accommodations at more accessible prices.
| Property Name | Unit Description | New Price (Drop) | Drop Date |
|---|---|---|---|
| 727 West Madison | 3 beds, 3 baths | $6775 (-$440) | 8/18 |
| The Mason | 3 beds, 2 baths | $5832 (-$167) | 8/22 |
| The Lofts at Gin Alley | 1 bed, 1 bath | $2842 (-$117) | 8/22 |
What’s the rent trend in Near West Side?
Rent trend data is not available for this neighborhood at the moment.
Top 5 Price Drops This Week

727 West Madison – 3906
3 beds, 3 baths, 1550 sq ft
Was: $7215 → Now: $6775
Price Drop: $440
Price Changed on: 8/18

The Mason – 1101
3 beds, 2 baths, 1300 sq ft
Was: $5832 → Now: $5832
Price Drop: $167
Price Changed on: 8/22

The Lofts at Gin Alley – 0211
1 bed, 1 bath, 715 sq ft
Was: $2842 → Now: $2842
Price Drop: $117
Price Changed on: 8/22
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Note: Pricing, availability, and specials are subject to change. Please check the individual listings for the most up-to-date information.