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$2,420 - $6,071Studio Apartments Available Now
Sentral Michigan Avenue
808 S Michigan AveChicago, IL 60605
Studio Apartments for Rent in the South Loop Neighborhood of Chicago, IL (137 Rentals)
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Rent Specials
$2,099 - $2,289Studio Apartments Available Now
Straits Row
633 S La Salle StChicago, IL 60605
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$2,300 - $4,600Studio Apartments Available Now
Arrive Michigan Avenue
1326 S Michigan AveChicago, IL 60605
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$2,299 - $2,580Studio Apartments Available Now
NEMA Chicago
1210 S Indiana AveChicago, IL 60605
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$2,278 - $2,570Studio Apartments Available Jan 4, 2026
1001 South State
1001 S State StChicago, IL 60605
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$1,597 - $2,751Studio Apartments Available Now
Park Michigan - 1212 S Michigan Ave
1212 S Michigan AveChicago, IL 60605
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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!
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$1,800Studio Apartments Contact Us For Availability
820 Michigan by 3L Living
820 S Michigan AveChicago, IL 60605
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$1,634 - $2,604Studio Apartments Available Now
Eleven40
1140 So Wabash AveChicago, IL 60605
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$2,092 - $2,317Studio Apartments Available Now
The Cooper
720 S Wells StChicago, IL 60607
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Contact Us For PricingStudio Apartments Contact Us For Availability
River City Apartments
800 S Wells StChicago, IL 60607
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$1,995 - $2,186Studio Apartments Available Now
The Elle Apartments
801 S Financial PlChicago, IL 60605
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Contact Us For PricingStudio Apartments Contact Us For Availability
1401 S. State
1401 S State StChicago, IL 60605
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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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Rent Specials
$2,318 - $2,348Studio Apartments Available Dec 28
The Reed
234 W Polk StChicago, IL 60607
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$2,380Studio Apartments Available Mar 13, 2026
1000 S Michigan Ave
1000 S Michigan AveChicago, IL 60605
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$1,735Studio Apartments Available Jan 17, 2026
1200 S Michigan Ave
1200 S Michigan AveChicago, IL 60605
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$2,030Studio Apartments Available Jun 15, 2026
1407 S Michigan Ave
1407 S Michigan AveChicago, IL 60605
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$1,940Studio Apartments Available Jul 2, 2026
1407 S Michigan Ave
1407 S Michigan AveChicago, IL 60605
780 S Federal St
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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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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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.
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 | $2,181 | $1,597 | $3,915 |
| South Loop 1 Bedroom Apartments | $2,635 | $1,350 | $7,532 |
| South Loop 2 Bedroom Apartments | $3,592 | $1,630 | $9,412 |
| South Loop 3 Bedroom Apartments | $6,479 | $1,780 | $10,000+ |
| South Loop 4 Bedroom Apartments | $13,396 | $9,149 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 137 rentals with your search options within a 2 mile radius of the South Loop Neighborhood of Chicago, IL.
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South Loop, Chicago, IL Local Guide
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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 AMLI Lofts and is listed at 695 square feet priced from $2,419. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| AMLI Lofts | E210 | 695 Sq Ft | $2,419 |
| AMLI 900 | Sporty | 636 Sq Ft | $2,169 |
| The Elle Apartments | 616 | 616 Sq Ft | $2,164 |
| 777 South State | Convertible Studio | 610 Sq Ft | $1,755 |
| The Grand Central | GraE.S34 | 602 Sq Ft | $2,248 |
| Straits Row | T2 | 594 Sq Ft | $2,289 |
| NEMA Chicago | S-C | 583 Sq Ft | $2,525 |
| Park Michigan - 1212 S Michigan Ave | Studio 1ba 03 | 575 Sq Ft | $1,597 |
| Sentral Michigan Avenue | S5 | 570 Sq Ft | $2,420 |
Cheapest Available South Loop Studio Apartments
Currently the lowest priced Studio apartment unit South Loop of Chicago, IL is the Studio 1ba 03 Model starting from $1,597 at Park Michigan - 1212 S Michigan Ave. The average price for all Studio apartments in South Loop is currently $2,181. Here is today’s list of the cheapest available Studio options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Park Michigan - 1212 S Michigan Ave | Studio 1ba 03 | $1,597 |
| 2101 Michigan | Studio | $1,744 |
| 777 South State | Convertible Studio | $1,755 |
| Eleven40 | S3 | $1,782 |
| ELEVEN THIRTY | Tier 6/12 (Studio) | $1,871 |
| AMLI 900 | Classic | $1,879 |
| 1407 on Michigan | S5 | $1,895 |
| The Grand Central | GraW.S1 | $1,950 |
| The Elle Apartments | 540 | $1,995 |
| Astoria Tower | Studio 07B | $1,999 |
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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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleThe 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.
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick 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 Park Michigan - 1212 S Michigan Ave listed at $1,597.
How much is the average rent for a Studio South Loop Apartment?
The average rent for a Studio Apartment in South Loop is $2,181.
What is the largest available Studio South Loop Apartment for rent?
Today's apartment with the most square footage in South Loop is a 695 square feet unit starting from $2,419 at AMLI Lofts.
What is the average size for South Loop Studio Apartments for rent?
The average size for a Studio rental in South Loop is currently 595 sq ft.
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.
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
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.