Studio Apartments for Rent in the The Loop Neighborhood of Chicago, IL (72 Rentals)

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The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

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Lake and Wells
Rent Specials
$2,203 - $3,085

Total Monthly Price

Base Rent$2,373 - $4,769
Total Monthly PriceVaries
Studio Apartments Available Now

Lake and Wells

210 N Wells StChicago, IL 60606
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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OneEleven
Rent Specials
$2,638 - $3,090

Total Monthly Price

Base Rent$2,653 - $18,095
Total Monthly PriceVaries
Studio Apartments Available Now

OneEleven

111 W Wacker DrChicago, IL 60601
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour

Exploring Rental Options: Apartments, Townhomes, and Lofts—Oh My!

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.

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property at 216 N Wells St
$2,100

Total Monthly Price

Base Rent$2,100
Total Monthly Price$2,100
Studio, 1 Bath Condo for Rent
Available Now
Affordability

216 N Wells St, Unit 1402

216 N Wells St
ChicagoIL60606
  • Smoke Free
property at 130 N Garland Ct
$2,000 - $2,100

Total Monthly Price

Base Rent$2,000 - $2,100
Total Monthly Price$2,000 - $2,100
Studio, 1 Bath Condo for Rent
Available Now
Affordability

130 N Garland Ct

ChicagoIL60602
property at 201 N Westshore Dr
$2,200

Total Monthly Price

Base Rent$2,200 - $4,000
Total Monthly Price$2,200 - $4,000
Studio Condos for Rent
Available Sep 9
Affordability

201 N Westshore Dr

ChicagoIL60601
property at 347 E Wacker Dr
$2,430

Total Monthly Price

Base Rent$2,430 - $3,780
Total Monthly Price$2,430 - $3,780
Studio Condos for Rent
Available Now
Affordability

347 E Wacker Dr

ChicagoIL60601
  • Smoke Free

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

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!

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property at 345 N La Salle Dr
$2,658

Total Monthly Price

Base Rent$2,658 - $4,508
Total Monthly Price$2,658 - $4,508
Studio Condos for Rent
Available Now
Affordability

345 N La Salle Dr

ChicagoIL60654
  • Smoke Free

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 401 N Wabash Ave
$3,150 - $10,000
Studio Rentals
Available Now
Furnished

401 N Wabash Ave

ChicagoIL60611
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Park Millennium
Studio Apartments

Park Millennium

222 N Columbus DrChicago, IL 60601
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Jewellers Building
Studio Apartments

Jewellers Building

1-5 N Wabash AveChicago, IL 60602
  • Utilities Included
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200 N. Dearborn St.
Studio Apartments

200 N. Dearborn St.

200 N Dearborn StChicago, IL 60601
  • Utilities Included

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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.

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The Loop, Chicago, IL Local Guide

Largest Available The Loop Studio Apartments

The largest available Studio apartment unit in the The Loop area of Chicago, IL is found at Lake and Wells and is listed at 793 square feet priced from $2,810. Here is today’s list of the largest available 2 Bedroom units in the area:

Apartment ListingModel NameSquare FootagePriced From
Lake and WellsC3793 Sq Ft$2,810
Wolf Point EastSC5697 Sq Ft$3,416
Aqua at Lakeshore Eastaqv104e681 Sq Ft$2,776
OneElevenStudio Alcove669 Sq Ft$2,865
Linea ApartmentsC1667 Sq Ft$2,700
215 West Apartmentsconvertible / 1 bath (T09)662 Sq Ft$2,449
330 S. Wells St09 Tier Studio Deluxe658 Sq Ft$2,250
Coast at Lakeshore EastCx1B652 Sq Ft$2,749
Env ChicagoStudio-S8603 Sq Ft$2,658
Millennium on LaSalles12603 Sq Ft$2,802

Cheapest Available The Loop Studio Apartments

Currently the lowest priced Studio apartment unit The Loop of Chicago, IL is the 02 Tier Studio Model starting from $1,950 at 330 S. Wells St. The average price for all Studio apartments in The Loop is currently $2,633. Here is today’s list of the cheapest available Studio options in the area:

Apartment ListingModel NamePriced From
330 S. Wells St02 Tier Studio$1,950
Marina CityFurnished Studio$2,000
Randolph Tower City ApartmentsS3$2,010
Bellwether ResidencesS05$2,155
North Harbor TowerS1 & S2$2,200
The AlfredB7$2,270
Lake and WellsS2$2,392
Wolf Point WestStu-07$2,435
215 West Apartmentsconvertible / 1 bath (T09)$2,449
Coast at Lakeshore EastSx1C$2,476

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

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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A 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

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Real 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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Quick 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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Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across Illinois, including Chicago. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Studio The Loop Apartments

What is the Cheapest apartment in The Loop with Studio?

Currently the most affordable Studio in The Loop is at 330 S. Wells St listed at $1,950.

How much is the average rent for a Studio The Loop Apartment?

The average rent for a Studio Apartment in The Loop is $2,633.

What is the largest available Studio The Loop Apartment for rent?

Today's apartment with the most square footage in The Loop is a 793 square feet unit starting from $2,810 at Lake and Wells.

What is the average size for The Loop Studio Apartments for rent?

The average size for a Studio rental in The Loop is currently 570 sq ft.

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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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.

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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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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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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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

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.