Cheap 1 Bedroom Apartments for Rent in the The Loop Neighborhood of Chicago, IL from $1,935 (61 Rentals)

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property at 8 W Monroe St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

1 Bedroom, 1 Bath Condo for Rent

Available Now

8 W Monroe St, Unit 810

8 W Monroe St
ChicagoIL60603

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 235 W Van Buren St

$2,150 - $2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,150 - $2,600
Total Monthly Price
$2,150 - $2,600

1 Bedroom Condos for Rent

Available Now

235 W Van Buren St

ChicagoIL60607

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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property at 22 N State St

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250
Total Monthly Price
$2,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

22 N State St, Unit 43c

22 N State St
ChicagoIL60602
property at 222 W Randolph St

$2,310

Total Monthly Price

Total Monthly Price

Base Rent
$2,285 - $3,770
Total Monthly Price
$2,285 - $3,770

1 Bedroom Condos for Rent

Available Now

222 W Randolph St

ChicagoIL60606
property at 189 N Michigan Ave

$2,350

Total Monthly Price

Total Monthly Price

Base Rent
$2,350
Total Monthly Price
$2,350

1 Bedroom, 1 Bath Condo for Rent

Available Now

189 N Michigan Ave, Unit 47c

189 N Michigan Ave
ChicagoIL60601
property at 155 N Harbor Dr

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400
Total Monthly Price
$2,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

155 N Harbor Dr, Unit 4606

155 N Harbor Dr
ChicagoIL60601
property at 8 E Randolph

$2,400

1 Bedroom Condos for Rent

Available Now

8 E Randolph

ChicagoIL60601

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.

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property at 65 E Monroe St

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500
Total Monthly Price
$2,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

65 E Monroe St, Unit 4716F

65 E Monroe St
ChicagoIL60603

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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North Harbor Tower
$2,553 - $3,081
Total Monthly Price

Total Monthly Price

Base Rent
$1,998 - $9,499
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 Bedroom Apartments Available Now

North Harbor Tower

175 N Harbor DrChicago, IL 60601
Affordability
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  • Customer Reviewed
  • Utilities Included
property at 201 N Westshore Dr

$2,600 - $3,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,100 - $4,200
Total Monthly Price
$2,100 - $4,200

1 Bedroom Condos for Rent

Available Now

201 N Westshore Dr

ChicagoIL60601
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180 W. Adams
1 Bedroom Apartments

180 W. Adams

180 W Adams StChicago, IL 60603
Corporate Housing
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200 N. Dearborn St.
1 Bedroom Apartments

200 N. Dearborn St.

200 N Dearborn StChicago, IL 60601
  • Utilities Included

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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Showing Results 1-50, Page 1 of 2

Frequently Asked Questions about Cheap The Loop Apartments

What is a cheap apartment in The Loop?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in The Loop is under $2,147.

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

The cheapest apartment in The Loop is 320 N. Michigan which is listed at $2,045, while the average apartment in The Loop costs $3,987.

What types of apartments are the cheapest in The 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 5 regular apartments in The 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 The Loop?

Cheap apartments in The Loop have an average cost of $850 which is $3,137 cheaper than the average rent for all rentals in The 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

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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.

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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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

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.

decorative image for Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago article

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.