Cheap Apartments for Rent in the Chicago Loop Neighborhood of Chicago, IL from $900 (227 Rentals) Page 5 of 5

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Search the lowest-cost Apartments available for rent right now in the Chicago Loop area of Chicago.

property at 400 E Randolph St

$2,100 - $3,200

Studio To 1 Bedroom Rentals

Available Now

400 E Randolph St

ChicagoIL60601
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Wolf Point West
Studio to 3 Bedroom Apartments

Wolf Point West

343 W Wolf Point PlzChicago, IL 60654
property at 400 E Randolph St

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

400 E Randolph St, Unit 2316

400 E Randolph St
ChicagoIL60601
property at 10 E Ontario St

$2,300 - $2,800

1 Bedroom Rentals

Available Now

10 E Ontario St

ChicagoIL60611
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GRAND PLAZA
Studio to 3 Bedroom Apartments

GRAND PLAZA

540 N State StChicago, IL 60654
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AMLI 900
Studio to 3 Bedroom Apartments

AMLI 900

900 S Clark StChicago, IL 60605
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Eight O Five
Studio to 2 Bedroom Apartments

Eight O Five

805 N LaSalle DrChicago, IL 60610
  • Utilities Included
property at 405 N Wabash Ave

$2,350 - $4,300

1 To 2 Bedroom Rentals

Available Now

405 N Wabash Ave

ChicagoIL60611
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640 North Wells
Studio to 3 Bedroom Apartments

640 North Wells

640 N Wells StChicago, IL 60654
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Moment
Studio to 3 Bedroom Apartments

Moment

545 N McClurg CtChicago, IL 60611
  • Utilities Included
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The Bernardin
Studio to 2 Bedroom Apartments

The Bernardin

747 N Wabash AveChicago, IL 60611
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910 Michigan Ave #608
1 to 2 Bedroom Apartments

910 Michigan Ave #608

910 S Michigan AveChicago, IL 60605
  • Utilities Included
  • Smoke Free
property at 401 E Ontario St

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

401 E Ontario St, Unit 1605

401 E Ontario St
ChicagoIL60611
property at 30 E Huron St

$2,475 - $3,800

1 To 2 Bedroom Rentals

Available Now

30 E Huron St

ChicagoIL60611

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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago article

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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

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.

decorative image for Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago article

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.