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$1,495Studio to 3 Bedroom Apartments Available Now
Pittsfield Apartments
55 E Washington StChicago, IL 60602
Cheap Apartments for Rent in the The Loop Neighborhood of Chicago, IL from $900 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Loop area of Chicago.
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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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$1,7001 Bedroom Apartment Available Now
150 N Dearborn St, Unit 107
150 N Dearborn StChicago, IL 60601
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$1,750 - $3,670Studio to 3 Bedroom Apartments Available Now
Fisher Building Apartments
343 S Dearborn StChicago, IL 60604
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Rent Specials
$1,790 - $2,835Studio to 2 Bedroom Apartments Available Now
MDA Apartments
63 E Lake StChicago, IL 60601
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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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Rent Specials
$1,810 - $2,386Studio to 1 Bedroom Apartments Available Now
330 S. Wells St
330 S Wells StChicago, IL 60606
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$1,815 - $5,238Studio to 3 Bedroom Apartments Available Now
Century Tower
182 W Lake StChicago, IL 60601
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$1,841 - $3,219Studio to 2 Bedroom Apartments Available Now
The Alfred
30 E Adams StChicago, IL 60603
188 W Randolph St
ChicagoIL60601
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1135 S Michigan Ave
ChicagoIL60605
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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!
20 N State St
ChicagoIL60602
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$1,900 - $3,200Studio to 2 Bedroom Apartments Available Now
Marina City
300 N State StChicago, IL 60654
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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400 Lasalle St
ChicagoIL60654
235 W Van Buren St
ChicagoIL60607
Showing Results 1-31, Page 1 of 1
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 | $2,530 | $1,495 | $5,363 |
| The Loop 1 Bedroom Apartments | $2,967 | $1,570 | $6,212 |
| The Loop 2 Bedroom Apartments | $4,145 | $2,360 | $10,000+ |
| The Loop 3 Bedroom Apartments | $8,698 | $3,350 | $10,000+ |
| The Loop 4 Bedroom Apartments | $17,186 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the The Loop Neighborhood of Chicago, IL.
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The Loop, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
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Cheapest Available The Loop Apartments for Rent
The cheapest available apartment rental in the The Loop area of Chicago, IL is a Studio unit found at Pittsfield Apartments priced from $1,495. MDA Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,790. Here are the most affordable The Loop apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pittsfield Apartments | Studio - Style H | Studio,1BA | $1,495 |
| MDA Apartments | S3N - Modern | Studio,1BA | $1,790 |
| Century Tower | Studio 06 | Studio,1BA | $1,815 |
| The Alfred | B4 | Studio,1BA | $1,841 |
| Marina City | Studio | Studio,1BA | $1,900 |
| Lake and Wells | S1 | Studio,1BA | $2,027 |
| Millennium Park Plaza | 1 Bedroom/ 1 Bathroom | 1BR,1BA | $2,045 |
Best Value Apartments for Rent in The Loop, IL
As of December 11, 2025 the best value apartment in the The Loop area is the $2.52 price per square foot 187 N Westshore Dr Model at 187 N Westshore Dr in the in the Magnificent Mile neighborhood starting from $4,500. The second greatest value The Loop apartment is the 201 N Clark St Model at 201 N Clark St, Unit 1915 starting at $5,690 with a $3.28 price per square foot in the Magnificent Mile neighborhood. Here is today’s list of the best values for The Loop apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 187 N Westshore Dr | 187 N Westshore Dr | 3BR,2.5BA | $2.52 |
| 201 N Clark St, Unit 1915 | 201 N Clark St | 3BR,3BA | $3.28 |
| Columbus Plaza | 2 Bedroom | 2BR,2BA | $2.58 |
| Env Chicago | 1 Bed/1 Bath-A7 | 1BR,1BA | $3.62 |
| 50 W Randolph St, Unit 905 | 50 W Randolph St | 1BR,1BA | $2.58 |
| Fisher Building Apartments | A6 | 1BR,1BA | $3.00 |
| Linea Apartments | 1D | 1BR,1BA | $3.61 |
| Millennium Park Plaza | 1 Bedroom/ 1 Bathroom | 1BR,1BA | $2.73 |
| 150 N Dearborn St, Unit 107 | 150 N Dearborn St | 1BR,1BA | $2.83 |
| The Alfred | B5 | Studio ,1BA | $3.44 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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If you’re an expert on all things The Loop, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleThe Loop, Chicago, IL
Ranked #34
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States including The Loop, Chicago, and the greater Chicago area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap The Loop Apartments
What is the Cheapest Studio apartment in The Loop?
Currently the most affordable Cheap Studio Apartment in The Loop is at Pittsfield Apartments listed at $1,495.
How much is rent for a Cheap One Bedroom The Loop Apartment?
The lowest price for a Cheap One Bedroom The Loop Apartment is $2,045 at Millennium Park Plaza.
What is the lowest price for a Cheap Two Bedroom The Loop Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in The Loop is starting from $2,360 at Fisher Building Apartments.
What is the most affordable The Loop Three Bedroom Apartment?
The best deal on a cheap The Loop Three Bedroom Apartment rental is at OneEleven and starts from $5,690.
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
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.