Cheap 1 Bedroom Apartments for Rent in the South Loop Neighborhood of Chicago, IL from $1,150 (61 Rentals) Page 2 of 2

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Loop is under $2,178.

The cheapest apartment in South Loop is Prairie CoLiving which is listed at $1,150, while the average apartment in South Loop costs $5,434.

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 38 regular apartments in South Loop that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Cheap apartments in South Loop have an average cost of $446 which is $4,988 cheaper than the average rent for all rentals in South Loop.