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$1,429 - $1,459Studio Apartments Available Now
21st Street Lofts by 3L Living
61 E 21st StChicago, IL 60616
Cheap Studio Apartments for Rent in the South Loop Neighborhood of Chicago, IL from $1,429 (20 Rentals)
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$1,550Studio Apartments Available Aug 4
30 East Roosevelt
30 E Roosevelt RdChicago, IL 60605
899 S Plymouth Ct, Unit Dearborn Park - South Loo
899 S Plymouth Ct
ChicagoIL60605
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$1,719 - $1,849Studio Apartments Available Now
820 Michigan by 3L Living
820 S Michigan AveChicago, IL 60605
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Rent Specials
$1,836 - $2,748Studio Apartments Available Jun 16
Park Michigan - 1212 S Michigan Ave
1212 S Michigan AveChicago, IL 60605
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$1,880 - $1,965Studio Apartments Available Jul 25
777 South State
2 E 8th StChicago, IL 60605
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.
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$1,945 - $2,280
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$1,969 - $5,615
Total Monthly Price
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Coeval
51 E 14th StChicago, IL 60605
800 S Clark St, Unit 415
800 S Clark St
ChicagoIL60605
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$2,041 - $2,509Studio Apartments Available Jun 19
River City Apartments
800 S Wells StChicago, IL 60607
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$2,052 - $2,525
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
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$2,157 - $13,611
Total Monthly Price
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Imprint
717 S Clark StChicago, IL 60605
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$2,070
Total Monthly Price
Studio Apartments Available Nov 16Total Monthly Price
Base Rent
$2,070
Total Monthly Price
$2,070
1000 S Michigan Ave, Unit SI FL25-ID1349
1000 S Michigan AveChicago, IL 60605
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$2,079 - $2,099Studio Apartments Available Now
Astoria Tower
8 E 9th StChicago, IL 60605
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.
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$2,097 - $2,387Studio Apartments Available Now
The Grand Central
221 W Harrison StChicago, IL 60607
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$2,107 - $4,372Studio Apartments Available Now
The Elle Apartments
801 S Financial PlChicago, IL 60605
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$2,133 - $2,575
Total Monthly Price
Studio Apartments Available Sep 5Total Monthly Price
Base Rent
$2,133 - $7,568
Total Monthly Price
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1400 Wabash
1400 S Wabash AveChicago, IL 60605
1403 S Wabash Ave
ChicagoIL60605
1400 S Michigan Ave, Unit 27G
1400 S Michigan Ave
ChicagoIL60605
630 S Clark St, Unit 3711
630 S Clark St
ChicagoIL60605
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1171 S Michigan Ave
ChicagoIL60605
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Studio Apartments
1251 S Michigan - Senior Living
1251 S Michigan AveChicago, IL 60605
Showing Results 1-20, Page 1 of 1
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 | $2,442 | $1,429 | $9,700 |
| South Loop 1 Bedroom Apartments | $2,850 | $1,350 | $9,635 |
| South Loop 2 Bedroom Apartments | $3,820 | $970 | $10,000+ |
| South Loop 3 Bedroom Apartments | $6,460 | $1,590 | $10,000+ |
| South Loop 4 Bedroom Apartments | $2,924 | $970 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 $2,075.
What is the price of a cheap apartment in South Loop?
The cheapest apartment in South Loop is 21st Street Lofts by 3L Living which is listed at $1,429, while the average apartment in South Loop costs $6,945.
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 31 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 $696 which is $6,249 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.
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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.