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Apartments for Rent in the Chicago Loop Neighborhood of Chicago, IL Under $1,200 (7 Rentals)
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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from $999Studio to 3 Bedroom Apartments Contact Us For Availability
Student | The Flats East West
829 S Wabash AveChicago, IL 60605
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
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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 | $2,742 | $1,209 | $7,263 |
| Chicago Loop 1 Bedroom Apartments | $3,460 | $1,672 | $10,000+ |
| Chicago Loop 2 Bedroom Apartments | $5,337 | $1,895 | $10,000+ |
| Chicago Loop 3 Bedroom Apartments | $8,206 | $1,899 | $10,000+ |
| Chicago Loop 4 Bedroom Apartments | $5,476 | $1,699 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 1 mile radius of the Chicago Loop Neighborhood of Chicago, IL.
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Chicago Loop, Chicago, IL Local Guide
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Getting Around the Chicago Loop Neighborhood in Chicago, IL
Walk Score®
100 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
81 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
100 / 100
Rider’s Paradise
World-class public transportation
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Chicago Loop
How much are Studio apartments in Chicago Loop?
There are currently 164 Studio Apartments in Chicago Loop with rent ranges from $1,209 to $7,263 with an average price of $2,742.
What is the current price range for One Bedroom Chicago Loop Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Chicago Loop ranges from $1,672 to $10,500 with an average monthly rent of $3,460.
What does renting a Two Bedroom Apartment in Chicago Loop cost?
The monthly rent prices of Two Bedroom Apartments currently available in Chicago Loop range from $1,895 to $16,366. Today's average rental price for Two Bedrooms here is $5,337.
How expensive are Chicago Loop Three Bedroom Apartments?
There are currently 119 Three Bedroom Apartments listings available in Chicago Loop on ApartmentHomeLiving.com. The pricing ranges from $1,899 to $38,481 - averaging $8,206 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
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Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.