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$1,500
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188 N Wells St, Unit SI FL3-ID1236
188 N Wells StChicago, IL 60606
Cheap Homes for Rent in the The Loop Neighborhood of Chicago, IL from $2,000 (78 Rentals)
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$1,550
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188 N Wells St, Unit SI FL2-ID1234
188 N Wells StChicago, IL 60606
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$1,970
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1 Bedroom Apartments Available Mar 1, 2027Total Monthly Price
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$1,970
188 N Wells St, Unit SI FL2-ID1232
188 N Wells StChicago, IL 60606
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$1,980
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Studio Apartments Available Jan 4, 2027Total Monthly Price
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$1,980
60 E Randolph St, Unit SI FL8-ID1346
60 E Randolph StChicago, IL 60601
130 N Garland Ct
ChicagoIL60602
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$2,0301 Bedroom Apartments Available Oct 6
35 E Adams St, Unit 905
35 E Adams StChicago, IL 60603
400 E Randolph St
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8 W Monroe St
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235 W Van Buren St
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38 E Adams St
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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.
200 N Dearborn St, Unit 04503
200 N Dearborn St
ChicagoIL60601
176 N Wells St
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208 W Washington St, Unit 1503
208 W Washington St
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216 N Wells St, Unit 1402
216 N Wells St
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20 N State St, Unit 1139
20 N State St
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201 N Westshore Dr
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22 N State St, Unit 43c
22 N State St
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300 N State St, Unit 04330
300 N State St
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235 W Van Buren St
ChicagoIL60607
400 E Randolph St, Unit 3504
400 E Randolph St
ChicagoIL60601
Rent According to Income: A Look at Income-Restricted Rentals
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200 N Dearborn St
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141 W Randolph St
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300 N State St
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177 W Randolph St
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834 N La Salle St
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75 N Dearborn St
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$2,310
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Studio Apartments Available Oct 19Total Monthly Price
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201 N Garland Ct, Unit SI FL22-ID1014
201 N Garland CtChicago, IL 60601
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$2,320
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1 Bedroom Apartments Available Dec 20Total Monthly Price
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60 E Randolph St, Unit SI FL10-ID1370
60 E Randolph StChicago, IL 60601
349 W Wolf Point Plaza
ChicagoIL60654
300 N State St, Unit 4708
300 N State St
ChicagoIL60654
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!
300 N State St, Unit 4708
300 N State St
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300 N State St, Unit 4708
300 N State St
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211 E Wacker Dr
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216 N Wells St
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400 E Randolph St, Unit 3721
400 E Randolph St
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112 W Wacker Dr
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300 N State St, Unit 5903
300 N State St
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300 N State St
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210 N Michigan Ave
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331 S Wells St
ChicagoIL60607
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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$2,420
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Studio Apartments Available Oct 19Total Monthly Price
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201 N Garland Ct, Unit SI FL34-ID239
201 N Garland CtChicago, IL 60601
347 E Wacker Dr
ChicagoIL60601
325 W Wolf Point Plaza
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340 E Wacker Dr
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300 N State St, Unit 5015
300 N State St
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348 W Wolf Point Plaza
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1313 W Randolph St, Unit SI FL3-ID1262
1313 W Randolph StChicago, IL 60607
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1 Bedroom Apartments Available Oct 11Total Monthly Price
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215 W Lake St, Unit SI FL7-ID1331
215 W Lake StChicago, IL 60606
212 W Washington St, Unit 1513
212 W Washington St
ChicagoIL60606
6 N Michigan Ave
ChicagoIL60602
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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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 | $4,404 | $2,699 | $10,000+ |
| The Loop 3 Bedroom Homes for Rent | $8,032 | $3,795 | $10,000+ |
| The Loop 4 Bedroom Homes for Rent | $32,000 | $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 78 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 63 E Lake priced from $1,884. 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 |
|---|---|---|---|
| 63 E Lake | S13 | Studio,1BA | $1,884 |
| Marina City | Furnished Studio | Studio,1BA | $2,000 |
| Bellwether Residences | S04 | Studio,1BA | $2,019 |
| North Harbor Tower | S | Studio,1BA | $2,094 |
| Century Tower | Studio 08 | Studio,1BA | $2,099 |
| 320 N. Michigan | Studio | Studio,1BA | $2,125 |
| Millennium Park Plaza | 1 Bedroom/ 1 Bathroom | 1BR,1BA | $2,175 |
| Shoreham and Tides | STUDIO 12 - THE SHOREHAM | Studio,1BA | $2,194 |
| Columbus Plaza | Convertible | 1BR,1BA | $2,220 |
| Randolph Tower City Apartments | V7 | 1BR,1BA | $2,240 |
Best Value Apartments for Rent in The Loop, IL
As of August 27, 2026 the best value apartment in the The Loop area is the $2.81 price per square foot 187 N Westshore Dr Model at 187 N Westshore Dr in the in the Magnificent Mile neighborhood starting from $4,350. The second greatest value The Loop apartment is the C5PH Model at Fisher Building Apartments starting at $3,635 with a $2.74 price per square foot in the Chicago Loop 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. |
|---|---|---|---|
| 187 N Westshore Dr | 187 N Westshore Dr | 2BR,2BA | $2.81 |
| Fisher Building Apartments | C5PH | 2BR,2.5BA | $2.74 |
| 63 E Lake | B14 Penthouse | 2BR,2BA | $3.00 |
| 333 E Wacker Dr, Unit 17 | 333 E Wacker Dr | 2BR,2BA | $2.83 |
| Linea Apartments | 2B | 2BR,2BA | $3.57 |
| Millennium Park Plaza | 1 Bedroom/ 1 Bathroom | 1BR,1BA | $2.90 |
| Millennium on LaSalle | a3 | 1BR,1BA | $3.62 |
| The Alfred | C7 | 1BR,1BA | $3.59 |
| 215 West Apartments | convertible / 1 bath (T09) | Studio ,1BA | $3.70 |
| Columbus Plaza | Convertible | 1BR,1BA | $3.77 |
Frequently Asked Questions about The Loop
What type of rentals are currently available in The Loop?
There are currently 82 Apartments for Rent in The Loop, IL with pricing that ranges from $1,390 to $32,006. There are also 161 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Loop ranging from $1,950 to $32,000.
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 $1,950 to $32,000 with an average monthly rent of $3,959.
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 $1,411 to $13,625, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,795 to $14,000. Four Bedroom Single-Family rentals are also available starting from $10,000 and Four Bedroom Apartments start at $1,390.
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
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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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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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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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.
First Apartment Regrets: Real Renters Share What They'd Do Differently
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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.