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$1,411Studio Apartments Available Now
Gramercy Row Apartments
660 N Dearborn StChicago, IL 60654
Cheap Studio Apartments for Rent in the Chicago Loop Neighborhood of Chicago, IL from $1,411 (146 Rentals)
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$1,434
Total Monthly Price
Studio Apartment Available NowTotal Monthly Price
Base Rent
$1,434 - $1,978
Total Monthly Price
$1,434 - $1,978
1136 N La Salle Dr
1136 N La Salle DrChicago, IL 60610
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$1,595 - $1,695Studio Apartments Available May 31
Pittsfield Apartments
55 E Washington StChicago, IL 60602
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$1,675Studio Apartments Available Now
440 N. Wabash Ave.
440 N Wabash AveChicago, IL 60611
780 S Federal St, Unit 603
780 S Federal St
ChicagoIL60605
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$1,719 - $1,889Studio Apartments Available Now
820 Michigan by 3L Living
820 S Michigan AveChicago, IL 60605
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$1,725 - $2,000Studio Apartments Available May 5
Marina City
300 N State StChicago, IL 60654
233 E Erie St, Unit 1908, Unit 1908
233 E Erie St
ChicagoIL60611
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$1,770Studio Apartments Available Aug 1
188 N Wells St, Unit SI FL3-ID1236
188 N Wells StChicago, IL 60606
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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.
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$1,862 - $2,403
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,967 - $6,375
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Imprint
717 S Clark StChicago, IL 60605
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$1,865 - $2,270Studio Apartments Available Now
330 S. Wells St
330 S Wells StChicago, IL 60606
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$1,870 - $1,885Studio Apartments Available Aug 3
777 South State
2 E 8th StChicago, IL 60605
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$1,880 - $2,265Studio Apartments Available Now
Axis Apartments and Lofts
441 E Erie StChicago, IL 60611
1120 S Michigan Ave, Unit 1404
1120 S Michigan Ave
ChicagoIL60605
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$1,919 - $3,029Studio Apartments Available Now
Arrive Streeterville
333 E Ontario StChicago, IL 60611
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$1,925 - $2,195Studio Apartments Available Now
MDA Apartments
63 E Lake StChicago, IL 60601
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$1,945 - $2,040Studio Apartments Available Now
Century Tower
182 W Lake StChicago, IL 60601
300 N State St, Unit 2504, Unit 2504
300 N State St
ChicagoIL60654
211 E Ohio St, Unit 317
211 E Ohio St
ChicagoIL60611
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,965 - $2,045Studio Apartments Available Now
Millennium Park Plaza
151-155 N Michigan AveChicago, IL 60601
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$1,970Studio Apartments Contact Us For Availability
Columbus Plaza
233 E Wacker DrChicago, IL 60601
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$1,995 - $2,125Studio Apartments Available Now
320 N. Michigan
320 N Michigan AveChicago, IL 60601
130 N Garland Ct
ChicagoIL60602
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$2,001
Total Monthly Price
Studio Apartment Available Jun 28Total Monthly Price
Base Rent
$2,001 - $2,525
Total Monthly Price
$2,001 - $2,525
102 W Chicago Ave
102 W Chicago AveChicago, IL 60654
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$2,001 - $2,853Studio Apartments Available Jun 10
The Bush Temple
800 N Clark StChicago, IL 60610
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$2,005Studio Apartments Available May 7
Fisher Building Apartments
343 S Dearborn StChicago, IL 60604
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$2,010Studio Apartments Available Nov 16
1000 S Michigan Ave, Unit SI FL25-ID1349
1000 S Michigan AveChicago, IL 60605
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$2,039 - $2,099Studio Apartments Available Now
Astoria Tower
8 E 9th StChicago, IL 60605
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$2,041 - $2,509Studio Apartments Available May 19
River City Apartments
800 S Wells StChicago, IL 60607
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$2,051 - $2,724Studio Apartments Available Now
215 West Apartments
215 W Washington StChicago, IL 60606
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$2,070 - $2,360Studio Apartments Available May 22
Millennium on LaSalle
29 S La Salle StChicago, IL 60603
400 N La Salle Dr
ChicagoIL60654
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$2,095 - $4,496
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$2,175 - $6,198
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1001 South State
1001 S State StChicago, IL 60605
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$2,095 - $2,300Studio Apartments Available May 29
Hugo River North
751 N Hudson AveChicago, IL 60654
201 N Westshore Dr
ChicagoIL60601
152 W Superior St, Unit 4R, Unit 4R
152 W Superior St
ChicagoIL60654
333 W Hubbard St
ChicagoIL60654
216 N Wells St, Unit 1402, Unit 1402
216 N Wells St
ChicagoIL60606
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$2,108 - $2,672Studio Apartments Available May 29
111 Point
111 W Illinois StChicago, IL 60654
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.
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$2,109 - $2,230Studio Apartments Available Now
The Elle Apartments
801 S Financial PlChicago, IL 60605
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$2,111 - $3,185Studio Apartments Available Now
The Gallery on Wells
637-643 N Wells StChicago, IL 60654
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$2,118 - $2,663Studio Apartments Available Jun 22
Shoreham and Tides
400 E South Water StChicago, IL 60601
420 N Franklin St
ChicagoIL60654
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$2,121 - $3,719Studio Apartments Available Now
North Harbor Tower
175 N Harbor DrChicago, IL 60601
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$2,125 - $2,475Studio Apartments Available May 14
The Ardus
676 N La Salle DrChicago, IL 60654
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$2,130 - $2,325Studio Apartments Available May 7
Asbury Plaza
750 N Dearborn StChicago, IL 60654
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$2,132 - $4,313Studio Apartments Available Now
The Grand Central
221 W Harrison StChicago, IL 60607
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$2,140 - $3,085
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$2,310 - $4,349
Total Monthly Price
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Lake and Wells
210 N Wells StChicago, IL 60606
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$2,149Studio Apartments Available Jun 1
The Station Lofts
118 S Clinton StChicago, IL 60661
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.
Chicago Loop, Chicago, IL Local Guide
Overview by bz3rk is licensed under CC BY 2.0
How much does it cost to rent an apartment in Chicago Loop?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
Chicago Loop Studio Apartments | $2,462 | $1,411 | $4,912 |
| Chicago Loop 1 Bedroom Apartments | $3,122 | $1,925 | $10,000+ |
| Chicago Loop 2 Bedroom Apartments | $4,275 | $849 | $10,000+ |
| Chicago Loop 3 Bedroom Apartments | $6,273 | $999 | $10,000+ |
| Chicago Loop 4 Bedroom Apartments | $2,487 | $879 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 $1,945.
What is the price of a cheap apartment in Chicago Loop?
The cheapest apartment in Chicago Loop is Gramercy Row Apartments which is listed at $1,411, while the average apartment in Chicago Loop costs $5,387.
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 42 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 $767 which is $4,620 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
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.
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.
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.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.