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$1,710
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Studio Apartments Available Sep 4Total Monthly Price
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$1,710
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$1,710
188 N Wells St, Unit SI FL3-ID1236
188 N Wells StChicago, IL 60606
Cheap Apartments for Rent in the The Loop Neighborhood of Chicago, IL from $900 (99 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Loop area of Chicago.
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$1,795 - $2,195Studio to 3 Bedroom Apartments Available Sep 1
Pittsfield Apartments
55 E Washington StChicago, IL 60602
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$1,830
Total Monthly Price
1 Bedroom Apartments Available Sep 15Total Monthly Price
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$1,830
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$1,830
188 N Wells St, Unit SI FL2-ID1234
188 N Wells StChicago, IL 60606
188 N Wells St
ChicagoIL60606
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$1,875 - $3,300Studio to 1 Bedroom Apartments Available Now
Marina City
300 N State StChicago, IL 60654
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$1,935 - $3,670Studio to 3 Bedroom Apartments Available Now
Fisher Building Apartments
343 S Dearborn StChicago, IL 60604
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$1,945 - $2,415Studio to 1 Bedroom Apartments Available Now
330 S. Wells St
330 S Wells StChicago, IL 60606
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$1,995 - $6,015Studio to 2 Bedroom Apartments Available Now
Randolph Tower City Apartments
188 W Randolph StChicago, IL 60601
200 N Dearborn St, Unit Condo
200 N Dearborn St
ChicagoIL60601
200 N Dearborn St, Unit 1503
200 N Dearborn St
ChicagoIL60601
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130 N Garland Ct
ChicagoIL60602
400 E Randolph St
ChicagoIL60601
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$2,076 - $4,650Studio to 2 Bedroom Apartments Available Aug 7
Columbus Plaza
233 E Wacker DrChicago, IL 60601
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$2,084 - $9,078Studio to 3 Bedroom Apartments Available Now
North Harbor Tower
175 N Harbor DrChicago, IL 60601
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$2,089 - $5,394Studio to 2 Bedroom Apartments Available Now
Century Tower
182 W Lake StChicago, IL 60601
201 N Westshore Dr
ChicagoIL60601
180 W Lake St, Unit 1606
180 W Lake St
ChicagoIL60601
200 N Dearborn St, Unit 04503
200 N Dearborn St
ChicagoIL60601
216 N Wells St, Unit 1402
216 N Wells St
ChicagoIL60606
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$2,125 - $2,445Studio to 1 Bedroom Apartments Available Now
320 N. Michigan
320 N Michigan AveChicago, IL 60601
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.
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$2,145 - $2,1951 Bedroom Apartments Available Now
Millennium Park Plaza
151-155 N Michigan AveChicago, IL 60601
300 N State St, Unit 04330
300 N State St
ChicagoIL60654
235 W Van Buren St
ChicagoIL60607
20 N State St, Unit 1139
20 N State St
ChicagoIL60602
5 N Wabash Ave
ChicagoIL60602
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$2,226 - $4,113Studio to 3 Bedroom Apartments Available Now
215 West Apartments
215 W Washington StChicago, IL 60606
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$2,254 - $8,342Studio to 2 Bedroom Apartments Available Now
Shoreham and Tides
400 E South Water StChicago, IL 60601
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$2,280 - $4,105Studio to 2 Bedroom Apartments Available Sep 1
Wacker Place
65 E Wacker PlChicago, IL 60601
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$2,299 - $10,000Studio to 3 Bedroom Apartments Available Aug 3
Linea Apartments
215 W Lake StChicago, IL 60606
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$2,317 - $4,769
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$2,317 - $4,769
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Lake and Wells
210 N Wells StChicago, IL 60606
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$2,325 - $2,5151 Bedroom Apartments Available Aug 15
The Alfred
30 E Adams StChicago, IL 60603
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$2,330 - $3,980Studio to 2 Bedroom Apartments Available Now
MDA Apartments
63 E Lake StChicago, IL 60601
834 N La Salle St
ChicagoIL60601
7 N State St
ChicagoIL60602
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$2,352 - $5,364Studio to 3 Bedroom Apartments Available Now
Marquee at Block 37
25 W Randolph StChicago, IL 60601
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$2,360
Total Monthly Price
1 Bedroom Apartments Available Oct 11Total Monthly Price
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$2,360
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$2,360
215 W Lake St, Unit SI FL7-ID1331
215 W Lake StChicago, IL 60606
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$2,380
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1 Bedroom Apartments Available Oct 11Total Monthly Price
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$2,380
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$2,380
215 W Lake St, Unit SI FL12-ID1343
215 W Lake StChicago, IL 60606
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$2,399 - $6,721Studio to 3 Bedroom Apartments Available Now
Coast at Lakeshore East
345 E Wacker DrChicago, IL 60601
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$2,420
Total Monthly Price
1 Bedroom Apartment Available Aug 26Total Monthly Price
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$2,420
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$2,420
330 S Wells St, Unit SI FL14-ID193
330 S Wells StChicago, IL 60606
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$2,430
Total Monthly Price
Studio Apartments Available Aug 20Total Monthly Price
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$2,430
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$2,430
60 E Randolph St, Unit SI FL8-ID1346
60 E Randolph StChicago, IL 60601
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!
347 E Wacker Dr
ChicagoIL60601
22 N State St, Unit 43c
22 N State St
ChicagoIL60602
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$2,4651 Bedroom Apartments Available Aug 25
25 E Adams St, Unit 412
25 E Adams StChicago, IL 60603
201 N Garland Ct
ChicagoIL60601
239 E Wacker Dr
ChicagoIL60601
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$2,480 - $4,635
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1 to 2 Bedroom Apartment Available NowTotal Monthly Price
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$2,480 - $4,635
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$2,480 - $4,635
123 N Wacker Dr
123 N Wacker DrChicago, IL 60606
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$2,489 - $4,174Studio to 2 Bedroom Apartments Available Jul 31
Millennium on LaSalle
29 S La Salle StChicago, IL 60603
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$2,493 - $7,314
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$2,493 - $7,314
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Env Chicago
161 W Kinzie StChicago, IL 60654
200 N Dearborn St, Unit 3904
200 N Dearborn St
ChicagoIL60601
211 E Wacker Dr
ChicagoIL60601
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.
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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 | $2,644 | $1,710 | $5,184 |
| The Loop 1 Bedroom Apartments | $3,024 | $1,830 | $4,965 |
| The Loop 2 Bedroom Apartments | $4,368 | $1,790 | $7,342 |
| The Loop 3 Bedroom Apartments | $3,711 | $989 | $10,000+ |
| The Loop 4 Bedroom Apartments | $2,126 | $924 | $7,804 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 99 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
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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 330 S. Wells St priced from $1,950. Marina City has the second lowest priced unit, which is a Studio apartment currently listed from $2,000. Here are the most affordable The Loop apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 330 S. Wells St | 02 Tier Studio | Studio,1BA | $1,950 |
| Marina City | Furnished Studio | Studio,1BA | $2,000 |
| North Harbor Tower | S1 & S2 | Studio,1BA | $2,084 |
| 320 N. Michigan | Studio | Studio,1BA | $2,125 |
| Millennium Park Plaza | 1 Bed / 1 Bath | 1BR,1BA | $2,145 |
| 215 West Apartments | studio / 1 bath (T08) | Studio,1BA | $2,226 |
| Shoreham and Tides | ONE BEDROOM 05 - THE SHOREHAM | 1BR,1BA | $2,378 |
| Lake and Wells | S2 | Studio,1BA | $2,392 |
| Randolph Tower City Apartments | A1 | 1BR,1BA | $2,430 |
| Coast at Lakeshore East | Sx1B | Studio,1BA | $2,480 |
Best Value Apartments for Rent in The Loop, IL
As of July 23, 2026 the best value apartment in the The Loop area is the $2.74 price per square foot C5PH Model at Fisher Building Apartments in the in the Chicago Loop neighborhood starting from $3,635. The second greatest value The Loop apartment is the A-10 Model at Wolf Point West starting at $3,149 with a $4.31 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. |
|---|---|---|---|
| Fisher Building Apartments | C5PH | 2BR,2.5BA | $2.74 |
| Wolf Point West | A-10 | 1BR,1BA | $4.31 |
| 180 N Michigan Ave | 180 N Michigan Ave | 1BR,1BA | $4.05 |
| Randolph Tower City Apartments | A1 | 1BR,1BA | $3.59 |
| 123 N Wacker Dr | 123 N Wacker Dr | 1BR,1BA | $3.66 |
| Shoreham and Tides | ONE BEDROOM 06 - THE SHOREHAM | 1BR,1BA | $4.23 |
| Lake and Wells | S2 | Studio ,1BA | $3.80 |
| Marquee at Block 37 | Studio x 03 | Studio ,1BA | $4.10 |
| 215 West Apartments | studio / 1 bath (T07) | Studio ,1BA | $4.39 |
| Marina City | Furnished Studio | Studio ,1BA | $4.00 |
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 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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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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 330 S. Wells St listed at $1,950.
How much is rent for a Cheap One Bedroom The Loop Apartment?
The lowest price for a Cheap One Bedroom The Loop Apartment is $2,145 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 $3,635 at Fisher Building Apartments.
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.
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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
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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.
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Rent According to Income: A Look at Income-Restricted Rentals
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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
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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.