
Cheap 2 Bedroom Apartments for Rent in the The Loop Neighborhood of Chicago, IL from $1,790 (4 Rentals)


Pittsfield Apartments
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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.

525 S. Dearborn St.

200 N. Dearborn St.
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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 | $2,501 | $1,595 | $3,536 |
| The Loop 1 Bedroom Apartments | $3,161 | $1,835 | $10,000+ |
The Loop 2 Bedroom Apartments | $4,682 | $1,790 | $10,000+ |
| The Loop 3 Bedroom Apartments | $3,865 | $999 | $10,000+ |
| The Loop 4 Bedroom Apartments | $2,504 | $999 | $10,000+ |
Explore Chicago
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 $2,372.
What is the price of a cheap apartment in The Loop?
The cheapest apartment in The Loop is Fisher Building Apartments which is listed at $2,460, while the average apartment in The Loop costs $4,336.
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 65 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 $845 which is $3,491 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.
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