Cheap Studio Apartments for Rent in the Chicago Loop Neighborhood of Chicago, IL from $1,224 (126 Rentals)

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102 W Chicago Ave
$1,870

Total Monthly Price

Base Rent$1,870 - $2,293
Total Monthly Price$1,870 - $2,293
Studio Apartment Available Now

102 W Chicago Ave

102 W Chicago AveChicago, IL 60654
Affordability
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The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

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Imprint
$1,914 - $2,375

Total Monthly Price

Base Rent$2,044 - $11,106
Total Monthly PriceVaries
Studio Apartments Available Now

Imprint

717 S Clark StChicago, IL 60605
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 777 N Michigan Ave
$2,000

Total Monthly Price

Base Rent$2,000
Total Monthly Price$2,000
Studio, 1 Bath Condo for Rent
Available Now
Affordability

777 N Michigan Ave, Unit 1706

777 N Michigan Ave
ChicagoIL60611
property at 130 N Garland Ct
$2,000 - $2,100

Total Monthly Price

Base Rent$2,000 - $2,100
Total Monthly Price$2,000 - $2,100
Studio, 1 Bath Condo for Rent
Available Now
Affordability

130 N Garland Ct

ChicagoIL60602
property at 200 W Superior St
$2,000

Total Monthly Price

Base Rent$2,000
Total Monthly Price$2,000
Studio, 1 Bath Condo for Rent
Available Now
Affordability

200 W Superior St, Unit 2706B

200 W Superior St
ChicagoIL60654
  • Smoke Free

Exploring Rental Options: Apartments, Townhomes, and Lofts—Oh My!

Looking for the perfect rental? From apartments and condos to lofts and single family rentals, explore the unique pros and cons of each rental type to help you land in your perfect new place.

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property at 630 S Clark St
$2,030

Total Monthly Price

Base Rent$2,030
Total Monthly Price$2,030
Studio, 1 Bath Condo for Rent
Available Now
Affordability

630 S Clark St, Unit 3711

630 S Clark St
ChicagoIL60605
  • Smoke Free
property at 622 N Wells St
$2,056
Studio, 1 Bath Rentals
Available Oct 5
Affordability

622 N Wells St

ChicagoIL60654

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 216 N Wells St
$2,100

Total Monthly Price

Base Rent$2,100
Total Monthly Price$2,100
Studio, 1 Bath Condo for Rent
Available Now
Affordability

216 N Wells St, Unit 1402

216 N Wells St
ChicagoIL60606
  • Smoke Free
property at 152 W Superior St
$2,100

Total Monthly Price

Base Rent$2,100
Total Monthly Price$2,100
Studio, 1 Bath Condo for Rent
Available Now
Affordability

152 W Superior St, Unit 4R

152 W Superior St
ChicagoIL60654
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152 W Huron St
$2,125

Total Monthly Price

Base Rent$2,125 - $2,325
Total Monthly Price$2,125 - $2,325
Studio Apartment Available Now

152 W Huron St

152 W Huron StChicago, IL 60654
Affordability
  • Smoke Free

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
$2,200

Total Monthly Price

Base Rent$2,200
Total Monthly Price$2,200
Studio, 1 Bath Home for Rent
Available Now
Affordability

211 E Ohio St, Unit 2513

211 E Ohio St
ChicagoIL60611
  • Smoke Free
property at 201 N Westshore Dr
$2,200

Total Monthly Price

Base Rent$2,200 - $4,000
Total Monthly Price$2,200 - $4,000
Studio Condos for Rent
Available Now
Affordability

201 N Westshore Dr

ChicagoIL60601
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Lake and Wells
Rent Specials
$2,203 - $3,085

Total Monthly Price

Base Rent$2,373 - $4,769
Total Monthly PriceVaries
Studio Apartments Available Now

Lake and Wells

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

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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Showing Results 1-50, Page 1 of 3

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 $1,499 at Gramercy Row Apartments.

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 $1,499 at Gramercy Row Apartments.

What is the most affordable Chicago Loop Three Bedroom Apartment?

The best deal on a cheap Chicago Loop Three Bedroom Apartment rental is at Gramercy Row Apartments and starts from $1,499.

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

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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.

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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.

decorative image for Chicago Relocation 101: Mastering Utilities, Registration, and the CTA article

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.

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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.

Articles, How-To's, and Tips

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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.

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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

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

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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.