
Cheap Apartments for Rent in the Chicago Loop Neighborhood of Chicago, IL from $949 (286 Rentals) Page 3 of 6
Search the lowest-cost Apartments available for rent right now in the Chicago Loop area of Chicago.


75 N Dearborn St

701 S Wells St, Unit 803

Total Monthly Price
201 N Garland Ct, Unit SI FL34-ID239

Cascade

The Regal Apartments

401 E Ontario St, Unit 3308

177 W Randolph St

642 S Clark St

Total Monthly Price
AMLI River North
Cash 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.

474 N Lake Shore Dr, Unit 5603

700 N La Salle Dr

405 N WABASH, Unit 1401

474 N Lake Shore Dr, Unit High floor 1 bed

474 N Lake Shore Dr, Unit 5109

Total Monthly Price
One Superior Place

Total Monthly Price
215 W Lake St, Unit SI FL7-ID1331

ReNew Waterside

Total Monthly Price
Lake and Wells

539 N State St, Unit 3002
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

471 W Erie St

Marquee at Block 37

Linea Apartments

300 N State St, Unit 4708

300 N State St, Unit 4708

211 E Ohio St, Unit 502

Total Monthly Price
545 N Dearborn St, Unit 2201B

10 E Ontario, Unit 1105

744 N Clark St

300 N State St
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.

42 E Superior St, Unit 9F

70 W Huron St

1111 S Wabash Ave, Unit 1605

Total Monthly Price
210 N Wells St, Unit SI FL16-ID248

338 E Ontario St

Total Monthly Price
215 W Lake St, Unit SI FL12-ID1343

Total Monthly Price
750 N. Rush

Flair Tower Apartments

439 E Ohio St

347 E Wacker Dr
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.

Shoreham and Tides

Total Monthly Price
445 E Ohio St, Unit SI FL31-ID1122

Total Monthly Price
Hubbard Place

611 S Wells St, Unit 1609

621 S Plymouth Ct, Unit 307

504 W Grand Ave

10 E Ontario St

Total Monthly Price
750 N Rush St, Unit SI FL26-ID85

Total Monthly Price
410 W Grand Ave, Unit 2

1126 S Michigan Ave
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.