
Cheap Apartments for Rent in the Chicago Loop Neighborhood of Chicago, IL from $949 (286 Rentals) Page 2 of 6
Search the lowest-cost Apartments available for rent right now in the Chicago Loop area of Chicago.


The Ardus

Total Monthly Price
152 W Huron St

555 N Kingsbury St

The Grand Central

Millennium on LaSalle

340 E Ontario St

624 N Wells St

Arrive Streeterville

30 W Huron St, Unit 02606
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!

211 E Ohio St, Unit 2513

235 W Van Buren St

22 N State St, Unit 43c

20 N State St, Unit 1139

201 N Westshore Dr

300 N State St, Unit 04330

Total Monthly Price
1000 S Michigan Ave, Unit SI FL25-ID1349

701 S Wells St, Unit 803

Total Monthly Price
201 N Garland Ct, Unit SI FL22-ID1014

360 W Illinois St
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

The Elle Apartments

Bellwether Residences

Total Monthly Price
750 N Rush St, Unit SI FL11-ID165

35 E Adams St, Unit 211

Hugo River North

River City Apartments

North Harbor Tower

215 West Apartments

300 N State St

527 N Kingsbury St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

237 E Wacker Dr

Kingsbury Plaza

369 Grand by Onni

The Gallery on Wells

693 N Wells St

880 S Clark St

Total Monthly Price
60 E Randolph St, Unit SI FL10-ID1370

1000 South Clark

Wacker Place

Total Monthly Price
420 E Ohio St, Unit SI FL11-ID583
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

128 W Chicago Ave

Total Monthly Price
61 W Erie St, Unit SI FL2-ID1397

Total Monthly Price
AMLI 808

222 N Columbus Dr, Unit 3504

Total Monthly Price
AMLI Lofts

1111 S Wabash Ave, Unit 23D

Total Monthly Price
West77 Apartments

663 N State St, Unit 911

700 S Clark St, Unit 13D

535 N michigan Ave, Unit 2507
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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 | $2,593 | $1,224 | $7,072 |
| Chicago Loop 1 Bedroom Apartments | $3,046 | $1,294 | $9,999 |
| Chicago Loop 2 Bedroom Apartments | $4,534 | $1,819 | $10,000+ |
| Chicago Loop 3 Bedroom Apartments | $7,844 | $1,024 | $10,000+ |
| Chicago Loop 4 Bedroom Apartments | $5,009 | $1,025 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 286 rentals with your search options within a 1 mile radius of the Chicago Loop Neighborhood of Chicago, IL.
See all Apartments in ChicagoExplore Chicago
Frequently Asked Questions about Cheap Chicago Loop Apartments
What is the Cheapest Studio apartment in Chicago Loop?
Currently the most affordable Cheap Studio Apartment in Chicago Loop is at Gramercy Row Apartments listed at $1,499.
How much is rent for a Cheap One Bedroom Chicago Loop Apartment?
The lowest price for a Cheap One Bedroom Chicago Loop Apartment is $1,929 at 731 Plymouth by 3L Living.
What is the lowest price for a Cheap Two Bedroom Chicago Loop Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Chicago Loop is starting from $2,379 at 731 Plymouth by 3L Living.
What is the most affordable Chicago Loop Three Bedroom Apartment?
The best deal on a cheap Chicago Loop Three Bedroom Apartment rental is at Century Tower and starts from $4,274.
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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Written by: Nicole Harms
When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Written by: Nicole Harms
I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Written by: Nicole Harms
Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
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.