
Cheap 1 Bedroom Apartments for Rent in the Chicago Loop Neighborhood of Chicago, IL from $1,925 (184 Rentals) Page 3 of 4


405 N WABASH, Unit 4401, Unit 4401

The Bush Temple

445 E Ohio St, Unit SI FL17-ID788

1000 South Clark

212 W Washington St, Unit Unit 1403, Unit Unit 1403

210 N Wells St

750 N Rush St, Unit SI FL24-ID54

65 E Monroe St, Unit 4716F, Unit 4716F

535 N Michigan Ave, Unit 1924

222 N Columbus Dr, Unit 35th Floor, Unit 35th Floor

400 W Ontario St, Unit 608, Unit 608

Total Monthly Price
Lake and Wells

70 W Huron St

Total Monthly Price
102 W Chicago Ave

688 N La Salle Dr, Unit 688 N Lasalle Dr.

330 S Wells St, Unit SI FL15-ID194

10 E Ontario St, Unit 4901, Unit 4901

700 N La Salle Dr

755 S Clark St

611 S Wells St, Unit 2404

611 S Wells St, Unit #2404, Unit #2404

611 S Wells St, Unit 02404a, Unit 02404a

611 S Wells St, Unit # 02404, Unit # 02404

Total Monthly Price
316 W Illinois St

300 N Canal St, Unit SI FL4-ID1388

330 S Wells St, Unit SI FL13-ID200, Unit SI FL13-ID200

182 N Garland Ct

373 N Clinton St

159 W Superior St

330 E Wacker Dr

83 E Wacker Pl

420 E Waterside Dr

West77 Apartments

539 N State St, Unit 3402, Unit 3402

440 N Wabash Ave, Unit 1504, Unit 1504

2 E Erie St

201 N Westshore Dr

400 N Clinton St, Unit 307, Unit 307

30 E Huron St

25 W Hubbard St

211 E. Ohio St.

180 W. Adams

200 N. Dearborn St.

230 E Ontario St

Luxury condo unit

55 E Erie St

600 N Lake Shore Dr

10 E Ontario St
Chicago Loop, Chicago, IL Local Guide

How much does it cost to rent an apartment in Chicago Loop?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chicago Loop Studio Apartments | $2,462 | $1,411 | $4,912 |
Chicago Loop 1 Bedroom Apartments | $3,122 | $1,925 | $10,000+ |
| Chicago Loop 2 Bedroom Apartments | $4,275 | $849 | $10,000+ |
| Chicago Loop 3 Bedroom Apartments | $6,273 | $999 | $10,000+ |
| Chicago Loop 4 Bedroom Apartments | $2,487 | $879 | $10,000+ |
Explore Chicago
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 $1,945.
What is the price of a cheap apartment in Chicago Loop?
The cheapest apartment in Chicago Loop is 320 N. Michigan which is listed at $2,045, while the average apartment in Chicago Loop costs $5,372.
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 71 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 $803 which is $4,569 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

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
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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
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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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.
