Cheap Apartments for Rent in the South Loop Neighborhood of Chicago, IL from $830 (139 Rentals) Page 3 of 3

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

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1935 S Canalport Ave
3 Bedroom Apartments

1935 S Canalport Ave

1935 S Canalport AveChicago, IL 60616
  • Utilities Included
  • Smoke Free
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Terminals Building
Studio to 2 Bedroom Apartments

Terminals Building

537 S Dearborn StChicago, IL 60605

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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ELEVEN THIRTY
Studio to 2 Bedroom Apartments

ELEVEN THIRTY

1130 S Michigan AveChicago, IL 60605
property at 1409 S Wabash Ave
$2,250
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

1409 S Wabash Ave

ChicagoIL60605
property at 106 W Polk St
$2,257
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

106 W Polk St

ChicagoIL60605

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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ONE333
1 to 3 Bedroom Apartments

ONE333

1333 S Wabash AveChicago, IL 60605
Corporate Housing
property at 1302 S Wabash Ave
$2,337
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

1302 S Wabash 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.

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AMLI 900
Studio to 3 Bedroom Apartments

AMLI 900

900 S Clark StChicago, IL 60605
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SKY55
1 to 2 Bedroom Apartments

SKY55

1255 S Michigan AveChicago, IL 60605
property at 600 S Dearborn St
$2,400

Total Monthly Price

Base Rent$2,400

Total Monthly Price$2,400
1 Bedroom, 1 Bath Condo for Rent
Available Now
Furnished

600 S Dearborn St, Unit 1305

600 S Dearborn St
ChicagoIL60605
property at 1255 S State St
$2,400

Total Monthly Price

Base Rent$2,400

Total Monthly Price$2,400
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

1255 S State St, Unit 1614

1255 S State St
ChicagoIL60605

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.

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910 Michigan Ave #608
1 to 2 Bedroom Apartments

910 Michigan Ave #608

910 S Michigan AveChicago, IL 60605
  • Utilities Included
  • Smoke Free

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 $2,116.

What is the price of a cheap apartment in South Loop?

The cheapest apartment in South Loop is Prairie CoLiving which is listed at $1,150, while the average apartment in South Loop costs $2,780.

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 101 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 $688 which is $2,092 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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