Cheap Studio Apartments for Rent in the The Loop Neighborhood of Chicago, IL from $1,595 (43 Rentals)

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Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

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property at 130 N Garland Ct

$2,000 - $2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,000 - $2,200
Total Monthly Price
$2,000 - $2,200

Studio, 1 Bath Condo for Rent

Available Now

130 N Garland Ct

ChicagoIL60602
property at 201 N Westshore Dr

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100 - $4,000
Total Monthly Price
$2,100 - $4,000

Studio Condos for Rent

Available Now

201 N Westshore Dr

ChicagoIL60601

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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Lake and Wells
$2,187 - $3,085
Total Monthly Price

Total Monthly Price

Base Rent
$2,315 - $4,370
Total Monthly Price
Varies
Studio Apartments Available Now

Lake and Wells

210 N Wells StChicago, IL 60606
Corporate Housing
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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.

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property at 222 W Randolph St

$2,335

Total Monthly Price

Total Monthly Price

Base Rent
$2,335 - $3,870
Total Monthly Price
$2,335 - $3,870

Studio Condos for Rent

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222 W Randolph St

ChicagoIL60606
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Env Chicago
Rent Specials
$2,400 - $2,695
Total Monthly Price

Total Monthly Price

Base Rent
$2,443 - $7,556
Total Monthly Price
Varies
Studio Apartments Available Now

Env Chicago

161 W Kinzie StChicago, IL 60654
Luxury
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property at 347 E Wacker Dr

$2,430

Total Monthly Price

Total Monthly Price

Base Rent
$2,430 - $3,780
Total Monthly Price
$2,430 - $3,780

Studio Condos for Rent

Available Now

347 E Wacker Dr

ChicagoIL60601

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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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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property at 400 E Randolph St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200
Total Monthly Price
$2,200

Studio, 1 Bath Condo for Rent

Available Now

400 E Randolph St, Unit 2022

400 E Randolph St
ChicagoIL60601
Showing Results 1-43, Page 1 of 1

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 Pittsfield Apartments which is listed at $1,595, 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.

Helpful Local Expert Guides

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

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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.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

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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.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

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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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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

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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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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.