Cheap Studio Apartments for Rent in the Chicago Loop Neighborhood of Chicago, IL from $1,440 (124 Rentals)

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property at 777 N Michigan Ave

$1,850 - $2,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,850 - $2,150
Total Monthly Price
$1,850 - $2,150

Studio, 1 Bath Condo for Rent

Available Aug 1

777 N Michigan Ave

ChicagoIL60611

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!

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property at 630 S Clark St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000

Studio, 1 Bath Condo for Rent

Available Now

630 S Clark St, Unit 3711

630 S Clark St
ChicagoIL60605
property at 405 N WABASH

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000

Studio, 1 Bath Condo for Rent

Available Now

405 N WABASH, Unit 2212

405 N WABASH
ChicagoIL60611
property at 440 N Wabash Ave

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000

Studio, 1 Bath Condo for Rent

Available Now

440 N Wabash Ave, Unit 2903

440 N Wabash Ave
ChicagoIL60611

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 130 N Garland Ct

$2,000 - $2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,000 - $2,100
Total Monthly Price
$2,000 - $2,100

Studio, 1 Bath Condo for Rent

Available Aug 1

130 N Garland Ct

ChicagoIL60602
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Imprint
$2,018 - $2,585
Total Monthly Price

Total Monthly Price

Base Rent
$2,148 - $13,211
Total Monthly Price
Varies
Studio Apartments Available Now

Imprint

717 S Clark StChicago, IL 60605
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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property at 211 E Ohio St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100
Total Monthly Price
$2,100

Studio, 1 Bath Home for Rent

Available Now

211 E Ohio St, Unit 2513

211 E Ohio St
ChicagoIL60611
property at 535 N michigan Ave

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100
Total Monthly Price
$2,100

Studio, 1 Bath Condo for Rent

Available Now

535 N michigan Ave, Unit 2507

535 N michigan Ave
ChicagoIL60611
property at 216 N Wells St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100
Total Monthly Price
$2,100

Studio, 1 Bath Condo for Rent

Available Aug 1

216 N Wells St, Unit 1402

216 N Wells St
ChicagoIL60606
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AMLI 808
$2,143 - $4,834
Total Monthly Price

Total Monthly Price

Base Rent
$2,143 - $6,011
Total Monthly Price
Varies
Studio Apartments Available Aug 1

AMLI 808

808 N Wells StChicago, IL 60610
Luxury
  • Verified
  • Utilities Included
  • 3D Tour
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Lake and Wells
$2,147 - $3,085
Total Monthly Price

Total Monthly Price

Base Rent
$2,317 - $4,769
Total Monthly Price
Varies
Studio Apartments Available Now

Lake and Wells

210 N Wells StChicago, IL 60606
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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property at 712 S Wells St

$2,188

Studio, 1 Bath Rentals

Available Now

712 S Wells St

ChicagoIL60607
property at 871 S Clark St

$2,195

Studio, 1 Bath Rentals

Available Now

871 S Clark St

ChicagoIL60605

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 $1,722, 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.

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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.

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