
Cheap 3 Bedroom Apartments for Rent in the South Loop Neighborhood of Chicago, IL from $1,825 (3 Rentals)

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731 W 16th St
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South Loop, Chicago, IL Local Guide

How much does it cost to rent an apartment in South Loop?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Loop Studio Apartments | $2,236 | $1,729 | $3,899 |
| South Loop 1 Bedroom Apartments | $2,576 | $1,235 | $7,786 |
| South Loop 2 Bedroom Apartments | $3,766 | $1,700 | $10,000+ |
South Loop 3 Bedroom Apartments | $6,044 | $1,825 | $10,000+ |
| South Loop 4 Bedroom Apartments | $8,684 | $1,275 | $10,000+ |
Explore Chicago
Getting Around the South Loop Neighborhood in Chicago, IL
Walk Score®
93 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
88 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
86 / 100
Excellent Transit
Transit is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,873.
What is the price of a cheap apartment in South Loop?
The cheapest apartment in South Loop is 1935 S Canalport Ave which is listed at $1,825, while the average apartment in South Loop costs $34,436.
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 43 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 $417 which is $34,019 cheaper than the average rent for all rentals in South Loop.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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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