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$1,670Studio Apartments Available Aug 1
188 N Wells St
188 N Wells StChicago, IL 60606
Cheap Homes for Rent in The Loop Neighborhood of Chicago, IL from $1,800 (54 Rentals)
Search the lowest-cost Homes available for rent right now in the The Loop area of Chicago.
200 N Dearborn St
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8 W Monroe St, Unit 810
8 W Monroe St
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400 E Randolph St, Unit 1616
400 E Randolph St
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345 N La Salle Dr
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345 N La Salle Dr
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130 N Garland Ct
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431 S Dearborn St
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400 E Randolph St
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400 E Randolph St, Unit 3321
400 E Randolph St
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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$2,0501 Bedroom Apartments Available Dec 29, 2029
343 S Dearborn St
343 S Dearborn StChicago, IL 60604
28 E Adams St
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$2,0901 Bedroom Apartments Available Jul 5
188 N Wells St
188 N Wells StChicago, IL 60606
208 W Washington St
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208 W Washington St, Unit 1503
208 W Washington St
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200 N Dearborn St, Unit 04503
200 N Dearborn St
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201 N Westshore Dr
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216 N Wells St, Unit 1402
216 N Wells St
ChicagoIL60606
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$2,1101 Bedroom Apartments Available Oct 13, 2029
343 S Dearborn St
343 S Dearborn StChicago, IL 60604
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$2,140Studio Apartments Available May 12, 2028
343 S Dearborn St
343 S Dearborn StChicago, IL 60604
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.
20 N State St, Unit 1139
20 N State St
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235 W Van Buren St
ChicagoIL60607
300 N State St, Unit 04330
300 N State St
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235 W Van Buren St
ChicagoIL60607
333 E Wacker Dr
ChicagoIL60601
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$2,2401 Bedroom Apartments Available Jun 15
188 N Wells St
188 N Wells StChicago, IL 60606
7 N State St
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22 N State St, Unit 43c
22 N State St
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222 W Randolph St
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216 N Wells St
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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.
347 E Wacker Dr
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341 W Kinzie St
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198 N Wells St
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189 N Michigan Ave, Unit 47c
189 N Michigan Ave
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$2,3601 Bedroom Apartments Available Oct 11
215 W Lake St
215 W Lake StChicago, IL 60606
360 E Randolph St
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8 E Randolph
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155 N Harbor Dr, Unit 4606
155 N Harbor Dr
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151 E Randolph St
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203 N Garland Ct
ChicagoIL60601
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!
333 E Wacker Dr
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210 N Wells St
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360 E Randolph St
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130 N Garland Ct
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222 N Columbus Dr, Unit 35th Floor
222 N Columbus Dr
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65 E Monroe St, Unit 4716F
65 E Monroe St
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180 W Lake St
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201 N West Shore Dr, Unit 806A
201 N West Shore Dr
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212 W Washington St
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65 E Monroe St
ChicagoIL60603
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
The Loop, Chicago, IL Local Guide
How much does it cost to rent a home in The Loop?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Loop 2 Bedroom Homes for Rent | $4,099 | $2,600 | $7,000 |
| The Loop 3 Bedroom Homes for Rent | $8,757 | $4,900 | $10,000+ |
| The Loop 4 Bedroom Homes for Rent | $11,000 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 54 rentals with your search options within a 2 mile radius of the The Loop Neighborhood of Chicago, IL.
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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 MDA Apartments priced from $1,875. The Alfred has the second lowest priced unit, which is a Studio apartment currently listed from $1,940. Here are the most affordable The Loop apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| MDA Apartments | S2N - Modern | Studio,1BA | $1,875 |
| The Alfred | B3 | Studio,1BA | $1,940 |
| Millennium Park Plaza | Studio | Studio,1BA | $1,965 |
| 320 N. Michigan | 1 Bedroom | 1BR,1BA | $2,045 |
| 215 West Apartments | studio / 1 bath (T08) | Studio,1BA | $2,071 |
| North Harbor Tower | S | Studio,1BA | $2,095 |
| Marina City | One Bedroom | 1BR,1BA | $2,100 |
| Fisher Building Apartments | A3 | 1BR,1BA | $2,100 |
| 330 S. Wells St | 07 Tier Junior One Bedroom | 1BR,1BA | $2,120 |
| Shoreham and Tides | STUDIO 16 - THE SHOREHAM | Studio,1BA | $2,147 |
Best Value Apartments for Rent in The Loop, IL
As of April 01, 2026 the best value apartment in the The Loop area is the $2.83 price per square foot 333 E Wacker Dr Model at 333 E Wacker Dr, Unit 17 in the in the Magnificent Mile neighborhood starting from $3,400. The second greatest value The Loop apartment is the 2B Model at Linea Apartments starting at $3,736 with a $3.37 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. |
|---|---|---|---|
| 333 E Wacker Dr, Unit 17 | 333 E Wacker Dr | 2BR,2BA | $2.83 |
| Linea Apartments | 2B | 2BR,2BA | $3.37 |
| 149 W Kinzie St | 149 W Kinzie St | 1BR,1BA | $3.41 |
| Columbus Plaza | 1 Bedroom Elite | 1BR,1BA | $2.92 |
| Marina City | Furnished One Bedroom | 1BR,1BA | $3.66 |
| Marquee at Block 37 | 1 Bedroom x 22 | 1BR,1BA | $3.88 |
| Fisher Building Apartments | A3 | 1BR,1BA | $3.00 |
| Shoreham and Tides | CONVERTIBLE 03 - THE SHOREHAM | 1BR,1BA | $3.98 |
| 215 West Apartments | studio / 1 bath (T08) | Studio ,1BA | $3.93 |
| The Alfred | B7 | Studio ,1BA | $3.80 |
Frequently Asked Questions about The Loop
What type of rentals are currently available in The Loop?
There are currently 76 Apartments for Rent in The Loop, IL with pricing that ranges from $1,200 to $20,786. There are also 158 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Loop ranging from $1,895 to $23,000.
What is the current price range for Rental Homes in The Loop?
Today's rental pricing for Homes for Rent, Condos and Townhomes in The Loop ranges from $1,895 to $23,000 with an average monthly rent of $5,759.
How much are larger Three and Four Bedroom Rentals in The Loop?
For those who are looking for larger living arrangements, Three Bedroom Apartments in The Loop range from $1,200 to $20,786, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,900 to $23,000. Four Bedroom Single-Family rentals are also available starting from $10,000 and Four Bedroom Apartments start at $1,200.
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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.