Cheap Apartments for Rent in the South Loop Neighborhood of Chicago, IL from $800 (81 Rentals) Page 2 of 2

Search the lowest-cost Apartments available for rent right now in the South Loop area of Chicago.

View Me

$2,3001 Bedroom Apartments Available Aug 9

30 E Roosevelt Rd, Unit SI FL8-ID804

30 E Roosevelt RdChicago, IL 60605

Furnished

$2,300

Total Monthly Price

1 Bedroom, 1 Bath Condo for Rent

Available May 1

221 E Cullerton St, Unit 410, Unit 410

221 E Cullerton St

ChicagoIL60616

$2,300

1 Bedroom, 1 Bath Rentals

Available Now

1307 Michigan Ave

ChicagoIL60605

$2,300

Total Monthly Price

1 Bedroom, 1 Bath Condo for Rent

Available Jun 1

1720 S Michigan Ave, Unit 2513, Unit 2513

1720 S Michigan Ave

ChicagoIL60616

$2,300 - $3,000

Total Monthly Price

1 To 2 Bedroom Condos for Rent

Available Now

1464 S Michigan Ave

ChicagoIL60605

View Me

$2,3002 Bedroom Apartments Available Now

2605 S Indiana Ave, Unit 301

2605 S Indiana AveChicago, IL 60616

Affordability

$2,300

Total Monthly Price

Studio, 1 Bath Condo for Rent

Available Now

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

1400 S Michigan Ave

ChicagoIL60605

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article

$2,300

Total Monthly Price

1 Bedroom, 1 Bath Condo for Rent

Available Now

161 W Harrison St, Unit 504, Unit 504

161 W Harrison St

ChicagoIL60605

$2,300

1 Bedroom, 1 Bath Home for Rent

Available Now

1845 S Michigan Ave

ChicagoIL60616

View Me

1 to 3 Bedroom Apartments

Hilliard Towers Family One

2031 S Clark StChicago, IL 60616

Utilities Included

View Me

1 to 3 Bedroom Apartments

Hilliard Towers Family II

2030 S State StChicago, IL 60616

Utilities Included

View Me

Studio to 2 Bedroom Apartments

525 S. Dearborn St.

525-537 S Dearborn StChicago, IL 60605

Utilities Included

View Me

1 to 4 Bedroom Apartments

McCormick CoLiving

2401 S State StChicago, IL 60616

Corporate Housing

View Me

1 to 3 Bedroom Apartments

Hilliard Towers Senior Apartments

30 W Cermak RdChicago, IL 60616

Senior Living

Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article

View Me

1 to 3 Bedroom Apartments

Hilliard Towers Senior Apartments One

2111 S Clark StChicago, IL 60616

Senior Living

Utilities Included

View Me

Studio to 1 Bedroom Apartments

1251 S Michigan - Senior Living

1251 S Michigan AveChicago, IL 60605

Senior Living

$1,375 - $1,400

2 Bedroom Rentals

Available Now

321 W 24th St

ChicagoIL60616

View Me

2 to 3 Bedroom Apartments

2001 S State St

2001 S State StChicago, IL 60616

Utilities Included

$1,500 - $2,275

Studio To 1 Bedroom Rentals

Available Now

431 S Dearborn St

ChicagoIL60605

View Me

Studio to 3 Bedroom Apartments

Vesta Lofts Apartments

125 E 21st StChicago, IL 60616

Utilities Included

$1,700 - $2,300

Studio To 1 Bedroom Rentals

Available Now

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

$1,850

1 Bedroom, 1 Bath Home for Rent

Available Now

30 E Roosevelt Rd

ChicagoIL60605

View Me

Studio to 3 Bedroom Apartments

AMLI 900

900 S Clark StChicago, IL 60605

View Me

Studio to 2 Bedroom Apartments

ELEVEN THIRTY

1130 S Michigan AveChicago, IL 60605

View Me

Studio to 3 Bedroom Apartments

2036 S Michigan Avenue

2036 S Michigan AveChicago, IL 60616

Utilities Included

$2,150 - $3,000

1 To 2 Bedroom Rentals

Available Now

1464 S Michigan Ave

ChicagoIL60605

View Me

Studio to 2 Bedroom Apartments

Terminals Building

537 S Dearborn StChicago, IL 60605

$1,800 - $3,000

Studio To 2 Bedroom Rentals

Available Now

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

Read Article

View Me

1 to 3 Bedroom Apartments

Carriage House Lofts

1545-1559 S State StChicago, IL 60605

$2,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

1160 S Michigan Ave

ChicagoIL60605

$2,300 - $2,900

1 To 2 Bedroom Rentals

Available Now

1600 S Indiana Ave

ChicagoIL60616

PREV 1 2

Showing Results 51-81, Page 2 of 2

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	$2,267	$1,399	$4,233
South Loop 1 Bedroom Apartments	$2,758	$1,350	$6,852
South Loop 2 Bedroom Apartments	$3,647	$849	$10,000+
South Loop 3 Bedroom Apartments	$7,478	$1,825	$10,000+
South Loop 4 Bedroom Apartments	$2,207	$879	$10,000+

Browse Apartments in this Neighborhood

There are currently 81 rentals with your search options within a 2 mile radius of the South Loop Neighborhood of Chicago, IL.

See all Apartments in Chicago

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 $2,008.

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 $6,220.

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 56 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 $999 which is $5,221 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.

Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.