Cheap Homes for Rent in the Chicago Loop Neighborhood of Chicago, IL from $1,600 (210 Rentals) Page 2 of 5

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

property at 401 E Ontario St

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

401 E Ontario St

ChicagoIL60611
property at 300 N State St

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

300 N State St, Unit 3908

300 N State St
ChicagoIL60654
property at 600 N Wells St

$2,271

Total Monthly Price

Total Monthly Price

Base Rent
$2,271

Total Monthly Price
$2,271

Studio, 1 Bath Condo for Rent

Available Oct 3

600 N Wells St, Unit 610

600 N Wells St
ChicagoIL60654
property at 222 W Randolph St

$2,280

Total Monthly Price

Total Monthly Price

Base Rent
$2,280

Total Monthly Price
$2,280

Studio, 1 Bath Condo for Rent

Available Now

222 W Randolph St

ChicagoIL60606

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.

property at 400 E Randolph 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 Now

400 E Randolph St, Unit 2316

400 E Randolph St
ChicagoIL60601
property at 208 W Washington 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 Now

208 W Washington St, Unit 1404

208 W Washington St
ChicagoIL60606
property at 235 W Van Buren 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 Now

235 W Van Buren St

ChicagoIL60607

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!

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 Jul 19

401 E Ontario St, Unit 3308

401 E Ontario St
ChicagoIL60611
property at 474 N Lake Shore Dr

$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 Now

474 N Lake Shore Dr, Unit 5603

474 N Lake Shore Dr
ChicagoIL60611
property at 674 N Wells St

$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 Sep 5

674 N Wells St, Unit 1904

674 N Wells 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 42 E Superior St

$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

42 E Superior St, Unit 9F

42 E Superior St
ChicagoIL60611

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 663 N State St

$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

663 N State St, Unit 911

663 N State St
ChicagoIL60654
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
property at 300 N State St

$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

300 N State St, Unit 4210

300 N State St
ChicagoIL60654
property at 2 E Erie St

$2,400 - $2,650

Studio To 1 Bedroom Rentals

Available Now

2 E Erie St

ChicagoIL60611

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.

Frequently Asked Questions about Chicago Loop

What type of rentals are currently available in Chicago Loop?

There are currently 332 Apartments for Rent in Chicago Loop, IL with pricing that ranges from $924 to $48,409. There are also 519 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chicago Loop ranging from $1,650 to $22,000.

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 $1,650 to $22,000 with an average monthly rent of $4,726.

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 $989 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,400 to $22,000. Four Bedroom Single-Family rentals are also available starting from $5,200 and Four Bedroom Apartments start at $924.

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

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.