
Cheap Apartments for Rent in the Chicago Loop Neighborhood of Chicago, IL from $900 (232 Rentals) Page 4 of 5
Search the lowest-cost Apartments available for rent right now in the Chicago Loop area of Chicago.


740 N Dearborn St

Millennium on LaSalle

Total Monthly Price
607 N Wells St

30 E Huron St, Unit #2106

10 E Ontario St, Unit 10 E Ontario

200 N Dearborn St, Unit 3904

211 E Wacker Dr

30 E Huron St, Unit 3105

800 S Clark St, Unit 415

111 W Polk St

25 E Superior St, Unit 15T

330 W Grand Ave, Unit Studio with garage parking

611 S Wells St, Unit 1609

25 W Hubbard St

525 S. Dearborn St.

211 E. Ohio St.

55 E Erie St

600 N Lake Shore Dr

Luxury condo unit

40 E 9th St

The Tides at Lakeshore East

535 N Michigan Ave

211 E Ohio St

ELEVEN THIRTY

180 W. Adams

200 N. Dearborn St.

Paper Box Lofts

777 N Michigan Ave

300 N State St

162 W Huron St

AMLI 900

1147 S Michigan Ave

400 E Randolph St

215 W Washington

700 N La Salle Dr

176 N Wells St

200 N Dearborn St, Unit 2405

103 W Chicago Ave

450 N Franklin St

Terminals Building

711 S Dearborn St

730 N Dearborn St

431 S Dearborn St

70 W Huron St

233 E Erie St

216 W Chicago Ave

28 E Adams St

653 N Kingsbury St

310 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 | $2,626 | $1,440 | $5,116 |
| Chicago Loop 1 Bedroom Apartments | $3,155 | $1,500 | $6,926 |
| Chicago Loop 2 Bedroom Apartments | $4,581 | $1,025 | $10,000+ |
| Chicago Loop 3 Bedroom Apartments | $6,569 | $989 | $10,000+ |
| Chicago Loop 4 Bedroom Apartments | $3,262 | $924 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 232 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 $2,110.
What is the price of a cheap apartment in Chicago Loop?
The cheapest apartment in Chicago Loop is Astoria Tower which is listed at $1,945, while the average apartment in Chicago Loop costs $31,954.
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 41 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 $485 which is $31,469 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

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
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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.

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.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.