
Cheap Condos for Rent in the South Loop Neighborhood of Chicago, IL from $1,100 (54 Rentals)
Search the lowest-cost Condos available for rent right now in the South Loop area of Chicago.


Room in Shared 4 bed/2.5 bath home in Chinatown, Unit A

345 E Eastgate Pl

40 E 9th St

1212 S Michigan Ave, Unit 307

1212 S Michigan Ave, Unit 607

1212 S Michigan Ave, Unit 611

1212 S Michigan Ave, Unit 604

1212 S Michigan Ave, Unit 1509

1255 S State St, Unit 15B
Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

1212 S Michigan Ave, Unit 1107

1212 S Michigan Ave, Unit 2205

630 S Clark St, Unit 3711

1845 S Michigan Ave, Unit 01204

1212 S Michigan Ave, Unit 908

1171 S Michigan Ave

2113 S Wabash Ave

1212 S Michigan Ave, Unit 911

1212 S Michigan Ave, Unit 606

1400 S Michigan Ave, Unit 27G
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1212 S Michigan Ave, Unit 3005

1212 S Michigan Ave, Unit 2804

1212 S Michigan Ave, Unit 2304

1212 S Michigan Ave, Unit 1011

2322 S Canal St, Unit 409

888 S Michigan Ave, Unit 502

1322 S Wabash Ave

1212 S Michigan Ave, Unit 1108

1212 S Michigan Ave, Unit 1708

1212 S Michigan Ave, Unit 810
Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

1212 S Michigan Ave, Unit 1812

1464 S Michigan Ave, Unit 2306

1464 S Michigan Ave, Unit 2306

1464 S Michigan Ave

1910 S Indiana Ave

1212 S Michigan Ave, Unit 2308

1140 S Michigan Ave

712 S Wells St

1210 S Michigan Ave

871 S Clark St
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!

911 S Clark St

1345 S Wabash Ave, Unit 908

431 S Dearborn St

1345 S Wabash Ave

1212 S Michigan Ave, Unit 2410

2121 S Wabash Ave

1307 Michigan Ave

2109 S Wabash Ave

711 S Dearborn St

1212 S Michigan Ave, Unit 2810
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
South Loop, Chicago, IL Local Guide

How much does it cost to rent a home in South Loop?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Loop 2 Bedroom Condos for Rent | $3,392 | $2,000 | $5,123 |
| South Loop 3 Bedroom Condos for Rent | $4,819 | $3,275 | $6,900 |
| South Loop 4 Bedroom Condos for Rent | $1,185 | $1,160 | $1,210 |
Explore Chicago
Frequently Asked Questions about South Loop
What type of rentals are currently available in South Loop?
There are currently 276 Apartments for Rent in South Loop, IL with pricing that ranges from $970 to $17,487. There are also 242 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Loop ranging from $1,160 to $6,900.
What is the current price range for Rental Homes in South Loop?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Loop ranges from $1,160 to $6,900 with an average monthly rent of $2,779.
How much are larger Three and Four Bedroom Rentals in South Loop?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South Loop range from $2,395 to $9,722, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,275 to $6,900. Four Bedroom Single-Family rentals are also available starting from $1,160 and Four Bedroom Apartments start at $970.
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

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Written by: Nicole Harms
I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Written by: Nicole Harms
Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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.

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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.