
Cheap Homes for Rent in the Chicago Loop Neighborhood of Chicago, IL from $1,859 (235 Rentals) Page 2 of 5
Search the lowest-cost Homes available for rent right now in the Chicago Loop area of Chicago.


543 N Kingsbury St

555 N Kingsbury St

503 N Kingsbury St

441 E Ohio St

721 S Clark St

736 N Dearborn St

633 N Wells St

177 W Randolph St

911 S Clark St
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!

904 S Clark St

353 W Hubbard St

701 S Wells St, Unit 803

400 E Randolph St, Unit 3504

360 W Illinois St

701 S Wells St

701 S Wells St, Unit 803

800 N La Salle Dr

300 N State St, Unit 04330

211 E Ohio St, Unit 2513
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

30 W Huron St, Unit 02606

22 N State St, Unit 43c

235 W Van Buren St

20 N State St, Unit 1139

201 N Westshore Dr

Total Monthly Price
1000 S Michigan Ave, Unit SI FL25-ID1349

200 N Dearborn St

777 N Clark St

237 E Wacker Dr

45 W Chicago Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

338 E Ontario St

216 W Chicago Ave

141 W Randolph St

8 W Grand Ave

653 N Kingsbury St

474 N Lake Shore Dr

300 N State St

575 N State St

880 S Clark St

1005 S State St
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.

600 N Wells St, Unit 2705

744 N Dearborn St

405 N Wabash Ave

41 W Polk St

Total Monthly Price
420 E Ohio St, Unit SI FL11-ID583

933 S Clark St

306 N Canal St

128 W Chicago Ave

834 N La Salle St

Total Monthly Price
750 N Rush St, Unit SI FL13-ID269
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.
Chicago Loop, Chicago, IL Local Guide

How much does it cost to rent a home in Chicago Loop?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chicago Loop 2 Bedroom Homes for Rent | $4,133 | $2,000 | $10,000+ |
| Chicago Loop 3 Bedroom Homes for Rent | $8,225 | $3,795 | $10,000+ |
| Chicago Loop 4 Bedroom Homes for Rent | $32,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 235 rentals with your search options within a 1 mile radius of the Chicago Loop Neighborhood of Chicago, IL.
Explore Chicago
Frequently Asked Questions about Chicago Loop
What type of rentals are currently available in Chicago Loop?
There are currently 342 Apartments for Rent in Chicago Loop, IL with pricing that ranges from $1,025 to $43,181. There are also 600 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chicago Loop ranging from $1,859 to $32,500.
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 $1,859 to $32,500 with an average monthly rent of $3,522.
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 $1,411 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,795 to $32,500. Four Bedroom Single-Family rentals are also available starting from $10,000 and Four Bedroom Apartments start at $1,025.
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

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.

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.

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.

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

Rent According to Income: A Look at Income-Restricted Rentals
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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.