
Cheap Apartments for Rent in the South Loop Neighborhood of Chicago, IL from $800 with Parking (80 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the South Loop area of Chicago.


2605 S Indiana Ave, Unit 301

1720 S Michigan Ave, Unit 2513, Unit 2513

1464 S Michigan Ave

161 W Harrison St, Unit 504, Unit 504

1133 S State St

1400 S Michigan Ave, Unit 27G, Unit 27G
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1307 Michigan Ave

Hilliard Towers Family One

Hilliard Towers Family II

525 S. Dearborn St.

McCormick CoLiving

Hilliard Towers Senior Apartments

Hilliard Towers Senior Apartments One
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1251 S Michigan - Senior Living

321 W 24th St

2001 S State St

431 S Dearborn St

Vesta Lofts Apartments

899 S Plymouth Ct

30 E Roosevelt Rd
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ELEVEN THIRTY

AMLI 900

2036 S Michigan Avenue

801 S Plymouth Ct, Unit 805, Unit 805

Terminals Building

1255 S State St

Carriage House Lofts
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1160 S Michigan Ave

1600 S Indiana Ave
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 | $2,276 | $1,399 | $4,233 |
| South Loop 1 Bedroom Apartments | $2,769 | $1,350 | $6,583 |
| South Loop 2 Bedroom Apartments | $3,596 | $849 | $10,000+ |
| South Loop 3 Bedroom Apartments | $7,155 | $1,825 | $10,000+ |
| South Loop 4 Bedroom Apartments | $1,968 | $879 | $10,000+ |
Explore Chicago
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 $2,003.
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 $6,062.
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 59 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 $979 which is $5,083 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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