454 E Ohio St
ChicagoIL60611
Cheap Apartments for Rent in the Chicago Loop Neighborhood of Chicago, IL from $900 (227 Rentals) Page 2 of 5
Search the lowest-cost Apartments available for rent right now in the Chicago Loop area of Chicago.
216 N Wells St, Unit 1402
216 N Wells St
ChicagoIL60606
201 N Westshore Dr
ChicagoIL60601
200 N Dearborn St, Unit 04503
200 N Dearborn St
ChicagoIL60601
401 E Ontario St
ChicagoIL60611
630 N Franklin St, Unit 513
630 N Franklin St
ChicagoIL60654
180 W Lake St, Unit 1606
180 W Lake St
ChicagoIL60601
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$2,105 - $3,8951 to 2 Bedroom Apartments Available Now
Lake Shore Plaza
445 E Ohio StChicago, IL 60611
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$2,112 - $8,409Studio to 3 Bedroom Apartments Available Now
The Elle Apartments
801 S Financial PlChicago, IL 60605
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$2,125 - $2,825Studio to 1 Bedroom Apartments Available Now
The Ardus
676 N La Salle DrChicago, IL 60654
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!
688 N LaSalle St
ChicagoIL60654
558 N Kingsbury St
ChicagoIL60654
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$2,129 - $5,752Studio to 2 Bedroom Apartments Available Now
Kingsbury Plaza
520 N Kingsbury StChicago, IL 60654
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$2,129 - $5,449Studio to 2 Bedroom Apartments Available Now
Arrive Streeterville
333 E Ontario StChicago, IL 60611
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$2,145 - $2,1951 Bedroom Apartments Available Now
Millennium Park Plaza
151-155 N Michigan AveChicago, IL 60601
70 W Huron St
ChicagoIL60654
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$2,150 - $5,662Studio to 2 Bedroom Apartments Available Now
The Gallery on Wells
637-643 N Wells StChicago, IL 60654
535 N Michigan Ave, Unit 2507
535 N Michigan Ave
ChicagoIL60611
630 S Clark St, Unit 3711
630 S Clark St
ChicagoIL60605
235 W Van Buren St
ChicagoIL60607
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.
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$2,151 - $4,213Studio to 2 Bedroom Apartments Available Now
Asbury Plaza
750 N Dearborn StChicago, IL 60654
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$2,157 - $13,611
Total Monthly Price
Studio to 4 Bedroom Apartments Available NowTotal Monthly Price
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$2,157 - $13,611
Total Monthly Price
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Imprint
717 S Clark StChicago, IL 60605
65 W Erie St
ChicagoIL60654
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$2,184 - $2,803Studio to 3 Bedroom Apartments Available Now
215 West Apartments
215 W Washington StChicago, IL 60606
235 W Van Buren St
ChicagoIL60607
360 W Illinois St
ChicagoIL60654
30 W Huron St, Unit 02606
30 W Huron St
ChicagoIL60654
333 W Hubbard St
ChicagoIL60654
20 N State St, Unit 1139
20 N State St
ChicagoIL60602
300 N State St, Unit 04330
300 N State St
ChicagoIL60654
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!
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$2,204 - $3,723Studio to 1 Bedroom Apartments Available Now
The Bush Temple
800 N Clark StChicago, IL 60610
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$2,210 - $4,105Studio to 2 Bedroom Apartments Available Aug 7
Wacker Place
65 E Wacker PlChicago, IL 60601
501 N Kingsbury St
ChicagoIL60654
431 S Dearborn St, Unit 909
431 S Dearborn St
ChicagoIL60605
5 N Wabash Ave
ChicagoIL60602
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$2,230
Total Monthly Price
1 Bedroom Apartments Available Oct 6Total Monthly Price
Base Rent
$2,230
Total Monthly Price
$2,230
750 N Rush St, Unit SI FL13-ID269
750 N Rush StChicago, IL 60611
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$2,249 - $3,499Studio to 1 Bedroom Apartments Available Jun 15
The Station Lofts
118 S Clinton StChicago, IL 60661
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$2,250 - $3,6001 to 2 Bedroom Apartments Available Now
440 N. Wabash Ave.
440 N Wabash AveChicago, IL 60611
630 N Franklin St, Unit 717
630 N Franklin St
ChicagoIL60654
630 N Franklin St, Unit # 0717
630 N Franklin St
ChicagoIL60654
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.
45 W Chicago Ave
ChicagoIL60654
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$2,258 - $48,409Studio to 4 Bedroom Apartments Available Now
369 Grand by Onni
369 W Grand AveChicago, IL 60654
450 E Waterside Dr
ChicagoIL60601
79 W Huron St
ChicagoIL60654
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$2,282 - $11,034Studio to 3 Bedroom Apartments Available Now
North Harbor Tower
175 N Harbor DrChicago, IL 60601
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$2,289 - $6,716
Total Monthly Price
Studio to 2 Bedroom Apartments Available Jul 18Total Monthly Price
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$2,289 - $6,716
Total Monthly Price
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AMLI 808
808 N Wells StChicago, IL 60610
152 W Superior St, Unit 4R
152 W Superior St
ChicagoIL60654
360 N Canal St
ChicagoIL60661
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$2,295 - $5,050Studio to 2 Bedroom Apartments Available Now
The Leo
737-749 N Wells StChicago, IL 60654
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$2,300
Total Monthly Price
1 Bedroom Apartments Available Jun 21Total Monthly Price
Base Rent
$2,300
Total Monthly Price
$2,300
188 N Wells St, Unit SI FL3-ID1239
188 N Wells StChicago, IL 60606
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.
Chicago Loop, Chicago, IL Local Guide
Overview by bz3rk is licensed under CC BY 2.0
How much does it cost to rent an apartment in Chicago Loop?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chicago Loop Studio Apartments | $2,581 | $1,411 | $4,872 |
| Chicago Loop 1 Bedroom Apartments | $3,130 | $1,749 | $10,000+ |
| Chicago Loop 2 Bedroom Apartments | $4,601 | $970 | $10,000+ |
| Chicago Loop 3 Bedroom Apartments | $6,602 | $999 | $10,000+ |
| Chicago Loop 4 Bedroom Apartments | $2,981 | $970 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 227 rentals with your search options within a 1 mile radius of the Chicago Loop Neighborhood of Chicago, IL.
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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 $2,079.
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 $1,959, while the average apartment in Chicago Loop costs $5,999.
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 94 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 $609 which is $5,390 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
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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.