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Cheap 1 Bedroom Apartments for Rent in the West Loop Neighborhood of Chicago, IL from $1,628 (16 Rentals)
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from $1,6291 Bedroom Apartments Available Now
Larrabee Place at Parkside of Old Town
545 W Division StChicago, IL 60610
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from $1,3131 Bedroom Apartments Contact Us For Availability
Elm 551 at Parkside
551 W Elm StChicago, IL 60610
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Rent Specials
from $1,6851 Bedroom Apartments Available Now
Presidential Towers
555 W Madison StChicago, IL 60661
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from $2,0001 Bedroom Apartment Available Now
1119 W Grand Ave, Unit 2R
1119 W Grand AveChicago, IL 60642
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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from $2,2001 Bedroom Apartment Available Now
674 N Orleans St, Unit 2
674 N Orleans StChicago, IL 60654
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from $2,2001 Bedroom Apartment Available Now
674 N Orleans St, Unit M02H
674 N Orleans StChicago, IL 60654
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from $2,2001 Bedroom Apartment Available Now
674 N Orleans St, Unit J03P
674 N Orleans StChicago, IL 60654
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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.
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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
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Showing Results 1-16, Page 1 of 1
West Loop, Chicago, IL Local Guide
Overview by By Andrew Jameson (Own work) [CC BY-SA 3.0 (http:/ is licensed under Internal
How much does it cost to rent an apartment in West Loop?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| West Loop Studio Apartments | $2,932 | $1,295 | $7,764 |
West Loop 1 Bedroom Apartments | $3,649 | $1,628 | $10,000+ |
| West Loop 2 Bedroom Apartments | $5,401 | $1,100 | $10,000+ |
| West Loop 3 Bedroom Apartments | $8,818 | $3,295 | $10,000+ |
| West Loop 4 Bedroom Apartments | $15,343 | $3,300 | $10,000+ |
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West Loop, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
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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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Getting Around the West Loop Neighborhood in Chicago, IL
Walk Score®
95 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
91 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
85 / 100
Excellent Transit
Transit is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap West Loop Apartments
What is a cheap apartment in West Loop?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in West Loop is under $2,143.
What is the price of a cheap apartment in West Loop?
The cheapest apartment in West Loop is Larrabee Place at Parkside of Old Town which is listed at $1,629, while the average apartment in West Loop costs $6,982.
What types of apartments are the cheapest in West 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 15 regular apartments in West 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 West Loop?
Cheap apartments in West Loop have an average cost of $120 which is $6,862 cheaper than the average rent for all rentals in West Loop.
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.