Cheap 1 Bedroom Apartments for Rent in the South Loop Neighborhood of Chicago, IL from $1,350 (46 Rentals)

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property at 262 W 26th St

$1,450

1 Bedroom Rentals

Available Aug 1

262 W 26th St

ChicagoIL60616
property at 1 E 8th St

$2,000 - $2,900

1 Bedroom Rentals

Available Jul 5

1 E 8th St

ChicagoIL60605

Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

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property at 1529 S State St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100
Total Monthly Price
$2,100

1 Bedroom, 1 Bath Condo for Rent

Available Jul 1

1529 S State St, Unit 13F

1529 S State St
ChicagoIL60605
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Neveseno
$2,175 - $3,275
Total Monthly Price

Total Monthly Price

Base Rent
$2,175 - $8,740
Total Monthly Price
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1 Bedroom Apartments Available Now

Neveseno

1717 S Michigan AveChicago, IL 60616
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Coeval
$2,204 - $3,547
Total Monthly Price

Total Monthly Price

Base Rent
$1,949 - $5,615
Total Monthly Price
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1 Bedroom Apartments Available Now

Coeval

51 E 14th StChicago, IL 60605
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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1401 S. State
$2,237 - $9,629
Total Monthly Price

Total Monthly Price

Base Rent
$2,242 - $9,700
Total Monthly Price
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1 Bedroom Apartments Available Jun 16

1401 S. State

1401 S State StChicago, IL 60605
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Eastgate Village
1 Bedroom Apartments

Eastgate Village

300 E 26th StChicago, IL 60616
Senior Living
  • Utilities Included
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McCormick CoLiving
1 Bedroom Apartments

McCormick CoLiving

2401 S State StChicago, IL 60616
Corporate Housing

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Showing Results 1-46, Page 1 of 1

Frequently Asked Questions about Cheap South Loop Apartments

What is a cheap apartment in South Loop?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Loop is under $2,075.

What is the price of a cheap apartment in South Loop?

The cheapest apartment in South Loop is Prairie CoLiving which is listed at $1,350, while the average apartment in South Loop costs $6,945.

What types of apartments are the cheapest in South 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 31 regular apartments in South 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 South Loop?

Cheap apartments in South Loop have an average cost of $696 which is $6,249 cheaper than the average rent for all rentals in South 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.

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Articles, How-To's, and Tips

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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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.