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$1,590
Total Monthly Price
3 Bedroom Apartment Available NowTotal Monthly Price
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$1,590
Total Monthly Price
$1,590
240 W 24th St, Unit 1R
240 W 24th StChicago, IL 60616
Cheap 3 Bedroom Apartments for Rent in the South Loop Neighborhood of Chicago, IL from $1,590 (6 Rentals)
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$1,825 - $3,3003 Bedroom Apartments Contact Us For Availability
1935 S Canalport Ave
1935 S Canalport AveChicago, IL 60616
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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3 Bedroom Apartments
Hilliard Towers Family One
2031 S Clark StChicago, IL 60616
239 W 18th St
ChicagoIL60616
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3 Bedroom Apartments
2001 S State St
2001 S State StChicago, IL 60616
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.
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South Loop, Chicago, IL Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in South Loop?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Loop Studio Apartments | $2,442 | $1,429 | $9,700 |
| South Loop 1 Bedroom Apartments | $2,850 | $1,350 | $9,635 |
| South Loop 2 Bedroom Apartments | $3,820 | $970 | $10,000+ |
South Loop 3 Bedroom Apartments | $6,460 | $1,590 | $10,000+ |
| South Loop 4 Bedroom Apartments | $2,924 | $970 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 1935 S Canalport Ave which is listed at $1,825, 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.
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