Cheap 1 Bedroom Apartments for Rent in the Chicago Loop Neighborhood of Chicago, IL from $1,233 (190 Rentals)

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property at 440 N Wabash Ave
$2,050

Total Monthly Price

Base Rent$2,050

Total Monthly Price$2,050
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

440 N Wabash Ave, Unit 01707

440 N Wabash Ave
ChicagoIL60611
  • Smoke Free
property at 106 W Chicago Ave
$2,065

Total Monthly Price

Base Rent$2,065

Total Monthly Price$2,065
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

106 W Chicago Ave, Unit 304

106 W Chicago Ave
ChicagoIL60654
  • Smoke Free

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

property at 200 N Dearborn St
$2,100

Total Monthly Price

Base Rent$2,100

Total Monthly Price$2,100
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

200 N Dearborn St, Unit 04503

200 N Dearborn St
ChicagoIL60601
  • Smoke Free
property at 30 W Huron St
$2,200

Total Monthly Price

Base Rent$2,200

Total Monthly Price$2,200
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

30 W Huron St, Unit 02606

30 W Huron St
ChicagoIL60654
  • Smoke Free

Exploring Rental Options: Apartments, Townhomes, and Lofts—Oh My!

Looking for the perfect rental? From apartments and condos to lofts and single family rentals, explore the unique pros and cons of each rental type to help you land in your perfect new place.

property at 300 N State St
$2,200

Total Monthly Price

Base Rent$2,200

Total Monthly Price$2,200
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

300 N State St, Unit 04330

300 N State St
ChicagoIL60654
  • Smoke Free
property at 22 N State St
$2,200

Total Monthly Price

Base Rent$2,200

Total Monthly Price$2,200
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

22 N State St, Unit 43c

22 N State St
ChicagoIL60602
  • Smoke Free
property at 235 W Van Buren St
$2,200 - $2,300

Total Monthly Price

Base Rent$2,200 - $3,100

Total Monthly Price$2,200 - $3,100
1 Bedroom Condos for Rent
Available Now
Affordability

235 W Van Buren St

ChicagoIL60607
property at 20 N State St
$2,200

Total Monthly Price

Base Rent$2,200

Total Monthly Price$2,200
1 Bedroom, 1 Bath Condo for Rent
Available Oct 1
Affordability

20 N State St, Unit 1139

20 N State St
ChicagoIL60602
property at 700 S Clark St
$2,200

Total Monthly Price

Base Rent$2,200

Total Monthly Price$2,200
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

700 S Clark St, Unit 13D

700 S Clark St
ChicagoIL60605
  • Smoke Free
property at 701 S Wells St
$2,200

Total Monthly Price

Base Rent$2,200

Total Monthly Price$2,200
1 Bedroom, 1 Bath Condo for Rent
Available Oct 1
Affordability

701 S Wells St, Unit 803

701 S Wells St
ChicagoIL60607
property at 360 W Illinois St
$2,200

Total Monthly Price

Base Rent$2,200

Total Monthly Price$2,200
1 Bedroom, 1 Bath Condo for Rent
Available Now
Furnished

360 W Illinois St

ChicagoIL60654
  • Smoke Free
property at 474 N Lake Shore Dr
$2,200

Total Monthly Price

Base Rent$2,200

Total Monthly Price$2,200
1 Bedroom, 1 Bath Condo for Rent
Available Sep 30
Affordability

474 N Lake Shore Dr, Unit 2412

474 N Lake Shore Dr
ChicagoIL60611

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

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102 W Chicago Ave
$2,231

Total Monthly Price

Base Rent$1,967 - $2,231

Total Monthly Price$1,967 - $2,231
1 Bedroom Apartment Available Oct 31

102 W Chicago Ave

102 W Chicago AveChicago, IL 60654
Affordability
  • Smoke Free
property at 621 S Plymouth Ct
$2,250

Total Monthly Price

Base Rent$2,250

Total Monthly Price$2,250
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

621 S Plymouth Ct, Unit 307

621 S Plymouth Ct
ChicagoIL60605
  • Smoke Free
property at 222 N Columbus Dr
$2,295

Total Monthly Price

Base Rent$2,295

Total Monthly Price$2,295
1 Bedroom, 1 Bath Condo for Rent
Available Oct 1
Affordability

222 N Columbus Dr, Unit 3504

222 N Columbus Dr
ChicagoIL60601
  • Smoke Free

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

property at 701 S Wells St
$2,300

Total Monthly Price

Base Rent$2,300

Total Monthly Price$2,300
1 Bedroom, 1 Bath Condo for Rent
Available Oct 1
Affordability

701 S Wells St, Unit 803

701 S Wells St
ChicagoIL60607
property at 663 N State St
$2,300

Total Monthly Price

Base Rent$2,300

Total Monthly Price$2,300
1 Bedroom, 1 Bath Condo for Rent
Available Now
Furnished

663 N State St, Unit 911

663 N State St
ChicagoIL60654
  • Smoke Free
property at 1111 S Wabash Ave
$2,300

Total Monthly Price

Base Rent$2,300

Total Monthly Price$2,300
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

1111 S Wabash Ave, Unit 23D

1111 S Wabash Ave
ChicagoIL60605
  • Smoke Free
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700 N La Salle Dr, Unit 1
$2,325

Total Monthly Price

Base Rent$2,325

Total Monthly Price$2,325
1 Bedroom Apartment Available Now

700 N La Salle Dr, Unit 1

700 N La Salle DrChicago, IL 60654
Affordability
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152 W Huron St
$2,325

Total Monthly Price

Base Rent$2,125 - $2,325

Total Monthly Price$2,125 - $2,325
1 Bedroom Apartment Available Now

152 W Huron St

152 W Huron StChicago, IL 60654
Affordability
  • Smoke Free

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

Frequently Asked Questions about Cheap Chicago Loop Apartments

What is a cheap apartment in Chicago Loop?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chicago Loop is under $2,000.

What is the price of a cheap apartment in Chicago Loop?

The cheapest apartment in Chicago Loop is 731 Plymouth by 3L Living which is listed at $1,929, while the average apartment in Chicago Loop costs $2,960.

What types of apartments are the cheapest in Chicago Loop?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 131 regular apartments in Chicago Loop that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Chicago Loop?

Cheap apartments in Chicago Loop have an average cost of $573 which is $2,387 cheaper than the average rent for all rentals in Chicago Loop.

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

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The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.