
Cheap Studio Apartments for Rent in the The Loop Neighborhood of Chicago, IL from $1,500 (39 Rentals)


Pittsfield Apartments

Fisher Building Apartments

330 S. Wells St

188 N Wells St

Lake and Wells

Millennium Park Plaza
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.

400 E Randolph St, Unit 2521

300 N State St, Unit 3826

300 N State St, Unit 3826

216 N Wells St, Unit 1402

130 N Garland Ct, Unit 2901
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

210 N Wells St, Unit FL19-ID272

210 N Wells St

Shoreham and Tides

Linea Apartments

347 E Wacker Dr, Unit 2009

431 S Dearborn St
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

300 N State St

180 W Randolph St

40 E Adams St

400 E Randolph St

834 N La Salle St

352 N LaSalle St

231 N Columbus Dr

499 E Waterside Dr
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 | $2,683 | $1,500 | $7,120 |
The Loop 1 Bedroom Apartments | $3,379 | $1,715 | $8,996 |
The Loop 2 Bedroom Apartments | $4,680 | $2,195 | $10,000+ |
The Loop 3 Bedroom Apartments | $6,750 | $2,500 | $10,000+ |
The Loop 4 Bedroom Apartments | $11,925 | $10,000 | $10,000+ |
Explore Chicago
The Loop, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
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 MDA Apartments listed at $1,750.
How much is rent for a Cheap One Bedroom The Loop Apartment?
The lowest price for a Cheap One Bedroom The Loop Apartment is $1,750 at MDA Apartments.
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 $1,750 at MDA 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 MDA Apartments and starts from $1,750.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.