
Loft Style Apartments for Rent in Chicago, IL Under $5,500 (68 Rentals)
Apartments in Chicago with high ceilings and cool urban vibes.


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1418 N Mohawk St, Unit 1S

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934 W Diversey Pky, Unit #1

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4638 N Hamilton Ave, Unit 1F

441 E Ohio St, Unit 2

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1212 N La Salle Dr, Unit 5

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1939 N Honore St, Unit 1F

2850 N. Clark Street Apartments

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201 N Clark St, Unit 1812

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1415 W Randolph St
What Exactly Is a Loft Style Apartment?
Apartments come in many varieties. Among these, the so-called ‘Loft Apartment’ usually features higher ceilings, and larger windows, and frequently includes industrial design elements.

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1244 N Dearborn St

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443 W Huron St

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942 W Huron St

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158 W Division St

Roosevelt Collection Lofts

1819 Lofts

911 W Dakin St, Unit 1

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203 N La Salle St

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215 N Clinton St

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7131 W Altgeld St
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

Aberdeen East

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2201 W Cortez St, Unit Top Floor

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The Eagle Building - 3833 N Broadway

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934 W Grace St, Unit 1

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745 W Gordon Ter, Unit 312

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936 W Grace St, Unit #G102

465 North Park

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3763 N Sheffield Ave, Unit 954G102

936 W Grace St

River West Lofts
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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1023 W Addison St, Unit JR1BED

1929 W Montrose Ave, Unit 1S

Lofts At River East

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939 W Grace St, Unit 101

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1223 N La Salle Dr

731 Plymouth by 3L Living

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1533 N Western Ave

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1533 N Western Ave, Unit 1

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1533 N Western Ave, Unit 1

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1900 S Throop St, Unit 6
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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1401 S. State

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152 W Huron St

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2121 N California Ave, Unit #1

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3804 N Broadway St

429 W Roscoe St, Unit 1

Axis Apartments and Lofts

Bishop Street Lofts

Hollywood Beach

Covington - 4600 N Clarendon Ave

4700 S Wolcott Ave, Unit 2
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Chicago, IL Local Guide

How much does it cost to rent an apartment in Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chicago Studio Apartments | $1,923 | $550 | $6,511 |
| Chicago 1 Bedroom Apartments | $2,424 | $650 | $10,000+ |
| Chicago 2 Bedroom Apartments | $2,977 | $650 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,684 | $755 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,248 | $1,040 | $10,000+ |
| Chicago 5 Bedroom Apartments | $10,214 | $2,400 | $10,000+ |
| Chicago 6 Bedroom Apartments | $15,679 | $850 | $10,000+ |
Explore Chicago

Chicago, IL Local Guide
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Chicago, IL Rentals by Map
See the most popular apartments and homes in Chicago, IL
Frequently Asked Questions about Loft Chicago Apartments
What is the Cheapest Loft apartment in Chicago?
Currently the most affordable Loft Apartment in Chicago is at Tailor Lofts listed at $1,179.
How much is the average rent for a Loft Chicago Apartment?
The average rent for a Loft Apartment in Chicago is $3,195.
What is the largest Loft Chicago Apartment for rent?
Today's Loft apartment with the most square footage in Chicago is a 2,500 square feet unit starting from $2,500 at 1259 N Milwaukee Ave, Unit 3.
What is the average size for Chicago Loft Apartments for rent?
The average size for a Loft rental in Chicago is currently at 954 sq ft.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.