
Cheap 1 Bedroom Apartments for Rent in the The Loop Neighborhood of Chicago, IL from $1,550 (73 Rentals)


Total Monthly Price
188 N Wells St, Unit SI FL2-ID1232

8 W Monroe St, Unit 1206

Pittsfield Apartments

200 N Dearborn St, Unit 04503

208 W Washington St, Unit 1503

177 W Randolph St

63 E Lake

Fisher Building Apartments

20 N State St, Unit 1139
The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
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300 N State St, Unit 04330

235 W Van Buren St

22 N State St, Unit 43c

Columbus Plaza

237 E Wacker Dr

35 E Adams St, Unit 211

Randolph Tower City Apartments

Total Monthly Price
60 E Randolph St, Unit SI FL10-ID1370

Century Tower

330 S. Wells St
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Looking for the perfect rental? From apartments and condos to lofts and single family rentals, explore the unique pros and cons of each rental type to help you land in your perfect new place.

222 N Columbus Dr, Unit 3504

75 N Dearborn St

The Alfred

300 N State St, Unit 4708

300 N State St, Unit 4708

300 N State St

Shoreham and Tides

Marina City

Total Monthly Price
215 W Lake St, Unit SI FL7-ID1331

345 N La Salle Dr, Unit 2608
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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!

345 N La Salle Dr, Unit 2608

235 W Van Buren St, Unit #3310

201 N Westshore Dr

Wacker Place

Total Monthly Price
215 W Lake St, Unit SI FL12-ID1343

Total Monthly Price
1313 W Randolph St, Unit SI FL3-ID1262

Bellwether Residences

198 N Wells St

Total Monthly Price
123 N Wacker Dr

212 W Washington St, Unit 1413
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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.

Linea Apartments

201 N Westshore Dr, Unit 2509

North Harbor Tower

Total Monthly Price
Lake and Wells

298 W Wolf Point Plaza

340 E Randolph, Unit 1818

300 N State St

65 E Monroe St, Unit 1118A

Coast at Lakeshore East

Millennium on LaSalle
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Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.
The Loop, Chicago, IL Local Guide

How much does it cost to rent an apartment in The Loop?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Loop Studio Apartments | $2,633 | $1,400 | $7,066 |
The Loop 1 Bedroom Apartments | $3,031 | $1,550 | $9,999 |
| The Loop 2 Bedroom Apartments | $4,465 | $1,819 | $8,521 |
| The Loop 3 Bedroom Apartments | $5,585 | $1,024 | $10,000+ |
| The Loop 4 Bedroom Apartments | $3,355 | $1,390 | $7,196 |
Browse Apartments in this Neighborhood
There are currently 73 rentals with your search options within a 2 mile radius of the The Loop Neighborhood of Chicago, IL.
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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 $2,393.
What is the price of a cheap apartment in The Loop?
The cheapest apartment in The Loop is Columbus Plaza which is listed at $1,806, while the average apartment in The Loop costs $2,982.
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 13 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 $446 which is $2,536 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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Written by: Nicole Harms
When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

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.

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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.
Articles, How-To's, and Tips

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.