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Rent Specials
$2,388 - $6,382Studio Apartments Available Now
Sentral Michigan Avenue
808 S Michigan AveChicago, IL 60605
Studio Apartments for Rent in the South Loop Neighborhood of Chicago, IL (133 Rentals)
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$2,150 - $3,310Studio Apartments Available Now
Arrive Michigan Avenue
1326 S Michigan AveChicago, IL 60605
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$2,437 - $2,659Studio Apartments Available Sep 23
NEMA Chicago
1210 S Indiana AveChicago, IL 60605
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$2,221 - $2,372Studio Apartments Available Now
1001 South State
1001 S State StChicago, IL 60605
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$1,966 - $2,337Studio Apartments Available Now
Park Michigan - 1212 S Michigan Ave
1212 S Michigan AveChicago, IL 60605
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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$1,819Studio Apartments Contact Us For Availability
820 Michigan by 3L Living
820 S Michigan AveChicago, IL 60605
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$1,348 - $1,442Studio Apartments Available Now
21st Street Lofts by 3L Living
61 E 21st StChicago, IL 60616
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$1,819 - $2,045Studio Apartments Available Oct 12
Eleven40
1140 So Wabash AveChicago, IL 60605
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$1,884 - $3,172Studio Apartments Available Sep 24
1407 on Michigan
1407 S Michigan AveChicago, IL 60605
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$2,086 - $2,358Studio Apartments Available Now
The Cooper
720 S Wells StChicago, IL 60607
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$1,960 - $3,309Studio Apartments Available Now
The Elle Apartments
801 S Financial PlChicago, IL 60605
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Contact Us For PricingStudio Apartments Contact Us For Availability
777 South State
2 E 8th StChicago, IL 60605
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Rent Specials
$2,325 - $2,360Studio Apartments Available Oct 15
The Reed
234 W Polk StChicago, IL 60607
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$2,050Studio Apartments Available Mar 15, 2026
1407 S Michigan Ave
1407 S Michigan AveChicago, IL 60605
1806 S Jefferson St
ChicagoIL60616
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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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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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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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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 | $2,250 | $1,348 | $8,711 |
| South Loop 1 Bedroom Apartments | $2,642 | $1,235 | $6,886 |
| South Loop 2 Bedroom Apartments | $3,853 | $1,600 | $10,000+ |
| South Loop 3 Bedroom Apartments | $6,478 | $1,825 | $10,000+ |
| South Loop 4 Bedroom Apartments | $10,369 | $5,099 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 133 rentals with your search options within a 2 mile radius of the South Loop Neighborhood of Chicago, IL.
See all Apartments in ChicagoExplore Chicago
South Loop, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
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Largest Available South Loop Studio Apartments
The largest available Studio apartment unit in the South Loop area of Chicago, IL is found at Arrive Michigan Avenue and is listed at 640 square feet priced from $2,335. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Arrive Michigan Avenue | S5 | 640 Sq Ft | $2,335 |
| AMLI 900 | Sporty | 636 Sq Ft | $2,210 |
| The Grand Central | GraE.S34 | 602 Sq Ft | $2,283 |
| Straits Row | T2 | 594 Sq Ft | $2,299 |
| 1001 South State | Studio 11 | 581 Sq Ft | $2,221 |
| Sentral Michigan Avenue | S5 | 570 Sq Ft | $2,525 |
| Park Michigan - 1212 S Michigan Ave | Studio 1ba 09 | 570 Sq Ft | $1,966 |
| Imprint | Convertible HC | 559 Sq Ft | $2,229 |
| Astoria Tower | Studio 08A | 546 Sq Ft | $1,899 |
| The Elle Apartments | 543 | 543 Sq Ft | $1,991 |
Cheapest Available South Loop Studio Apartments
Currently the lowest priced Studio apartment unit South Loop of Chicago, IL is the Studio - B Model starting from $1,348 at 21st Street Lofts by 3L Living. The average price for all Studio apartments in South Loop is currently $2,250. Here is today’s list of the cheapest available Studio options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| 21st Street Lofts by 3L Living | Studio - B | $1,348 |
| 2101 Michigan | Studio | $1,744 |
| Astoria Tower | Studio 08A | $1,899 |
| Imprint | Loft Studio G | $1,906 |
| AMLI 900 | Retro | $1,917 |
| Park Michigan - 1212 S Michigan Ave | Studio 1ba 09 | $1,966 |
| The Elle Apartments | 543 | $1,991 |
| The Cooper | Studio-1A-3 | $2,086 |
| Straits Row | T1 | $2,099 |
| Coeval | V2 | $2,209 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Lifestyle Ratings
Our team compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals in areas across the United States including South Loop, Chicago, and the greater Chicago area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, transit availability, pet-friendly communities, family-friendly amenities, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
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 Studio South Loop Apartments
What is the Cheapest apartment in South Loop with Studio?
Currently the most affordable Studio in South Loop is at 21st Street Lofts by 3L Living listed at $1,348.
How much is the average rent for a Studio South Loop Apartment?
The average rent for a Studio Apartment in South Loop is $2,250.
What is the largest available Studio South Loop Apartment for rent?
Today's apartment with the most square footage in South Loop is a 640 square feet unit starting from $2,335 at Arrive Michigan Avenue.
What is the average size for South Loop Studio Apartments for rent?
The average size for a Studio rental in South Loop is currently 555 sq ft.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.