Cheap Homes for Rent in Chicago Loop Neighborhood of Chicago, IL from $1,500 (168 Rentals) Page 2 of 4

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

property at 20 N State St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

20 N State St, Unit 1139

20 N State St
ChicagoIL60602
property at 333 W Hubbard St

$2,200 - $4,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,200 - $4,400

Total Monthly Price
$2,200 - $4,400

Studio To 2 Bedroom Condos for Rent

Available Now

333 W Hubbard St

ChicagoIL60654

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.

property at 152 W Superior St

$2,289

Total Monthly Price

Total Monthly Price

Base Rent
$2,289

Total Monthly Price
$2,289

Studio, 1 Bath Condo for Rent

Available Now

152 W Superior St, Unit 4R

152 W Superior St
ChicagoIL60654

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!

property at 10 E Ontario 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 Jul 1

10 E Ontario St, Unit # 02410

10 E Ontario St
ChicagoIL60611
property at 401 E Ontario St

$2,329

Total Monthly Price

Total Monthly Price

Base Rent
$2,329

Total Monthly Price
$2,329

1 Bedroom, 1 Bath Condo for Rent

Available Jun 20

401 E Ontario St, Unit 3308

401 E Ontario St
ChicagoIL60611
property at 222 W Randolph St

$2,335 - $3,870

Total Monthly Price

Total Monthly Price

Base Rent
$2,335 - $3,870

Total Monthly Price
$2,335 - $3,870

Studio To 2 Bedroom Condos for Rent

Available Now

222 W Randolph St

ChicagoIL60606

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 405 N WABASH

$2,350

Total Monthly Price

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350

1 Bedroom, 1 Bath Condo for Rent

Available Jun 1

405 N WABASH, Unit 4401

405 N WABASH
ChicagoIL60611
property at 70 W Huron St

$2,355 - $3,905

Total Monthly Price

Total Monthly Price

Base Rent
$2,355 - $3,905

Total Monthly Price
$2,355 - $3,905

Studio To 2 Bedroom Condos for Rent

Available Now

70 W Huron St

ChicagoIL60654

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.

property at 883 S Clark St

$2,389

1 Bedroom, 1 Bath Rentals

Available Now

883 S Clark St

ChicagoIL60605
property at 222 N Columbus Dr

$2,389

Total Monthly Price

Total Monthly Price

Base Rent
$2,389

Total Monthly Price
$2,389

1 Bedroom, 1 Bath Condo for Rent

Available Now

222 N Columbus Dr, Unit 2806

222 N Columbus Dr
ChicagoIL60601
property at 1111 S Wabash Ave

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

1111 S Wabash Ave, Unit 1605

1111 S Wabash Ave
ChicagoIL60605

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

Frequently Asked Questions about Chicago Loop

What type of rentals are currently available in Chicago Loop?

There are currently 330 Apartments for Rent in Chicago Loop, IL with pricing that ranges from $970 to $48,409. There are also 548 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chicago Loop ranging from $1,500 to $23,500.

What is the current price range for Rental Homes in Chicago Loop?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Chicago Loop ranges from $1,500 to $23,500 with an average monthly rent of $8,101.

How much are larger Three and Four Bedroom Rentals in Chicago Loop?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Chicago Loop range from $999 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,000 to $23,500. Four Bedroom Single-Family rentals are also available starting from $6,000 and Four Bedroom Apartments start at $970.

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 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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.