close
View Me
$1,535 - $9,445Studio to 2 Bedroom Apartments Available Now
Presidential Towers
555 W Madison StChicago, IL 60661
Cheap Apartments for Rent in the West Loop Neighborhood of Chicago, IL from $1,000 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the West Loop area of Chicago.
close
View Me
$1,8601 Bedroom Apartments Available Jan 11, 2027
910 W Huron St
910 W Huron StChicago, IL 60642
close
View Me
$1,8901 Bedroom Apartments Available Now
180 N Jefferson St
180 N Jefferson StChicago, IL 60661
close
View Me
$1,980Studio Apartments Available Now
745 W Division St
745 W Division StChicago, IL 60610
close
View Me
$1,988 - $5,892Studio to 3 Bedroom Apartments Available Now
Alta
555 W Kinzie StChicago, IL 60654
close
View Me
$1,999 - $3,599Studio to 2 Bedroom Apartments Available May 1
The Station Lofts
118 S Clinton StChicago, IL 60661
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.
close
View Me
$2,000
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,000
Total Monthly Price
$2,000
900 W Washington Blvd, Unit 32E
900 W Washington BlvdChicago, IL 60607
close
View Me
Studio to 3 Bedroom Apartments
Elm 551 at Parkside
551 W Elm StChicago, IL 60610
close
View Me
Studio Apartments
768 W. Jackson
766-768 W Jackson BlvdChicago, IL 60661
close
View Me
Studio to 3 Bedroom Apartments
Luxury condo unit
333 N CanalChicago, IL 60606
close
View Me
Studio to 3 Bedroom Apartments
Illume
111 S Peoria StChicago, IL 60607
close
View Me
Studio to 4 Bedroom Apartments
R+D659
645-659 W Randolph StChicago, IL 60661
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.
close
View Me
1 to 2 Bedroom Apartments
544 Oak at Parkside of Old Town
544 W Oak StChicago, IL 60610
close
View Me
1 to 2 Bedroom Apartments
Larrabee Place at Parkside of Old Town
545 W Division StChicago, IL 60610
close
View Me
Studio to 3 Bedroom Apartments
Verdant Apartments
830 N Milwaukee AveChicago, IL 60642
close
View Me
1 to 2 Bedroom Apartments
Lake Street Lofts
910 W Lake StChicago, IL 60607
close
View Me
3 Bedroom Apartments
1039 Grand Ave
1039 W Grand AveChicago, IL 60642
close
View Me
Studio to 3 Bedroom Apartments
Reside on Green Street
500 N Milwaukee AveChicago, IL 60642
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!
close
View Me
1 to 3 Bedroom Apartments
713 Milwaukee
713 N Milwaukee AveChicago, IL 60642
Showing Results 1-19, 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 | $2,356 | $1,535 | $3,664 |
| West Loop 1 Bedroom Apartments | $3,035 | $1,840 | $6,250 |
| West Loop 2 Bedroom Apartments | $4,299 | $1,470 | $10,000+ |
| West Loop 3 Bedroom Apartments | $7,400 | $1,065 | $10,000+ |
| West Loop 4 Bedroom Apartments | $2,595 | $1,040 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the West Loop Neighborhood of Chicago, IL.
See all Apartments in ChicagoExplore Chicago
West Loop, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available West Loop Apartments for Rent
The cheapest available apartment rental in the West Loop area of Chicago, IL is a Studio unit found at Presidential Towers priced from $1,535. Reside on Green Street has the second lowest priced unit, which is a Studio apartment currently listed from $1,930. Here are the most affordable West Loop apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Presidential Towers | STUDIO SIX | Studio,1BA | $1,535 |
| Reside on Green Street | S4 - 505 | Studio,1BA | $1,930 |
| Nevele22 - 1122 W Chicago | S03 | Studio,1BA | $2,045 |
| Hugo River North | Studio | Studio,1BA | $2,050 |
| The 808 Cleveland | Studio 1 Bath | Studio,1BA | $2,092 |
Best Value Apartments for Rent in West Loop, IL
As of February 20, 2026 the best value apartment in the West Loop area is the $3.14 price per square foot 1002 W Lake St Model at 1002 W Lake St, Unit 2 in the in the Parc Chesnut neighborhood starting from $6,900. The second greatest value West Loop apartment is the 1002 W Lake St Model at 1002 W Lake St, Unit 2 starting at $6,000 with a $2.86 price per square foot in the Parc Chesnut 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. |
|---|---|---|---|
| 1002 W Lake St, Unit 2 | 1002 W Lake St | 4BR,2BA | $3.14 |
| 1002 W Lake St, Unit 2 | 1002 W Lake St | 4BR,2BA | $2.86 |
| 1008 W Lake St, Unit 2 | 1008 W Lake St | 1BR,1.5BA | $2.67 |
| 613 N Racine Ave, Unit 1 | 613 N Racine Ave | 4BR,2BA | $1.95 |
| 229 S Racine Ave, Unit 1 | 229 S Racine Ave | 2BR,2BA | $2.06 |
| 161 N Jefferson St | 161 N Jefferson St | 2BR,2BA | $3.30 |
| 636 W Oak St, Unit A02C | 636 W Oak St | 2BR,1BA | $3.18 |
| 110 N Peoria St, Unit A01C | 110 N Peoria St | 1BR,1BA | $2.18 |
| TRIO Apartments | One Bedroom-A3 | 1BR,2BA | $3.25 |
| 900 W Washington Blvd, Unit 32E | 900 W Washington Blvd | 1BR,1BA | $2.86 |
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 Article
Best 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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 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.
Let everyone know!
Do you know the West Loop area?
If you’re an expert on all things West Loop, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 $2,195.
What is the price of a cheap apartment in West Loop?
The cheapest apartment in West Loop is Presidential Towers which is listed at $1,840, while the average apartment in West Loop costs $32,111.
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 160 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 $467 which is $31,644 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
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.