
Cheap Apartments for Rent in the West Loop Neighborhood of Chicago, IL from $1,100 (185 Rentals)
Search the lowest-cost Apartments available for rent right now in the West Loop area of Chicago.


Presidential Towers

Xavier

Nevele22 - 1122 W Chicago

641 W Grand Ave, Unit S, Unit S

856 N May St

EMME

188 N Aberdeen St, Unit 188 N Aberdeen

330 N Clinton St

Hugo River North
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.

Alta

579 W Kinzie St

180 North Jefferson

K2 Apartments

River West Lofts

727 N Milwaukee Ave

565 W Quincy St, Unit 25A, Unit 25A

125 S Jefferson St

Inspire West Town

1050 W Van Buren St
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.

1106 W Van Buren St

360 W Illinois St

1201 W Adams St

Total Monthly Price
110 N Carpenter St, Unit W601, Unit W601

52 N Sangamon St

740 N Aberdeen St, Unit 307

The Dylan Chicago

The Station Lofts

The Jax

125 S Green St
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.

1224 W Van Buren St

369 Grand by Onni

Gateway West Loop

Aberdeen Crossing

1227 W Ohio St, Unit G

347 W Chestnut St, Unit 2506

365 W Hubbard St

360 W Illinois St

359 W Hubbard St

873 N Larrabee St, Unit 507
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.

Landmark West Loop

1043 W Madison St, Unit 27R, Unit 27R

950 W Erie St, Unit 403, Unit 403

873 N Larrabee St, Unit #507, Unit #507

The Parker Fulton Market

1200 W Gladys Ave

833 W Grand Ave

1201 W Van Buren St

Next Apartments

Total Monthly Price
460 W Chicago Ave, Unit SI FL15-ID1351
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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!
West Loop, Chicago, IL Local Guide

How much does it cost to rent an apartment in West Loop?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| West Loop Studio Apartments | $2,306 | $1,425 | $7,521 |
| West Loop 1 Bedroom Apartments | $2,984 | $2,000 | $10,000+ |
| West Loop 2 Bedroom Apartments | $4,769 | $1,720 | $10,000+ |
| West Loop 3 Bedroom Apartments | $9,113 | $3,070 | $10,000+ |
| West Loop 4 Bedroom Apartments | $2,583 | $1,179 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 185 rentals with your search options within a 2 mile radius of the West Loop Neighborhood of Chicago, IL.
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West Loop, Chicago, IL Local Guide
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Cheapest Available West Loop Apartments for Rent
 The cheapest available apartment rental in the West Loop area of Chicago, IL is a 4 Beds unit found at The 808 Cleveland priced from $1,299. 768 W. Jackson has the second lowest priced unit, which is a Studio apartment currently listed from $1,425. Here are the most affordable West Loop apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The 808 Cleveland | D5 | leasing per bedroom | 4BR,3BA | $1,299 |
| 768 W. Jackson | Studio | Studio,1BA | $1,425 |
| Presidential Towers | STUDIO SIX | Studio,1BA | $1,631 |
| Nevele22 - 1122 W Chicago | Studio (ARO, 100%) | Studio,1BA | $1,949 |
| Aberdeen Crossing | Tier 03 - Studio | Studio,1BA | $2,192 |
| Gateway West Loop | S1 | Studio,1BA | $2,198 |
| Hugo River North | 1B/1B | 1BR,1BA | $2,271 |
| Arthur on Aberdeen | S4 | Studio,1BA | $2,299 |
| 180 North Jefferson | Convertible: C4 - 07 | Studio,1BA | $2,320 |
| Westerly | Studio-e10a | Studio,1BA | $2,324 |
Best Value Apartments for Rent in West Loop, IL
As of May 22, 2026 the best value apartment in the West Loop area is the $1.76 price per square foot 1224 W Augusta Blvd Model at 1224 W Augusta Blvd, Unit 2 in the in the West Loop neighborhood starting from $4,495. The second greatest value West Loop apartment is the C2 Model at 945 W Fulton Market Apartments starting at $4,800 with a $2.12 price per square foot in the Printer's Row neighborhood. Here is today’s list of the best values for West Loop apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1224 W Augusta Blvd, Unit 2 | 1224 W Augusta Blvd | 2BR,2BA | $1.76 |
| 945 W Fulton Market Apartments | C2 | 3BR,2BA | $2.12 |
| Tailor Lofts | VanBuren | 4BR,4BA | $0.96 |
| Verdant Apartments | 3BR/2.0BA | 3BR,2BA | $2.96 |
| Hugo River North | 1B/1B | 1BR,1BA | $2.72 |
| Reside on Jackson | A3 | 1BR,1BA | $3.38 |
| Aberdeen East | 1 Bedroom (14) | 1BR,1BA | $3.56 |
| 900 W Washington Blvd, Unit 32E | 900 W Washington Blvd | 1BR,1BA | $3.57 |
| Letterman Chicago | Unit 308 | 1BR,1BA | $3.19 |
| Presidential Towers | STUDIO SIX | Studio ,1BA | $3.46 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Illinois, including Chicago. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, pet-friendly features, family-friendly amenities, proximity to transit, and much more. These search options are in the site filters at the top of this page.
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 $2,324.
What is the price of a cheap apartment in West Loop?
The cheapest apartment in West Loop is Presidential Towers which is listed at $2,037, while the average apartment in West Loop costs $6,605.
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 98 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 $607 which is $5,998 cheaper than the average rent for all rentals in West 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

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

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.

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.