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$1,455 - $1,495Studio Apartments Available Now
768 W. Jackson
766-768 W Jackson BlvdChicago, IL 60661
Cheap Apartments for Rent in the West Loop Neighborhood of Chicago, IL from $1,200 (171 Rentals)
Search the lowest-cost Apartments available for rent right now in the West Loop area of Chicago.
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$1,646 - $6,243Studio to 2 Bedroom Apartments Available Now
Presidential Towers
555 W Madison StChicago, IL 60661
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$1,800 - $1,825
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1 to 2 Bedroom Apartment Available Aug 1Total Monthly Price
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$1,800 - $1,825
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$1,800 - $1,825
1022 W Fry St
1022 W Fry StChicago, IL 60642
1022 W Fry St, Unit 1F
1022 W Fry St
ChicagoIL60642
827 N Milwaukee Ave
ChicagoIL60642
830 N Milwaukee Ave, Unit 508
830 N Milwaukee Ave
ChicagoIL60642
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$1,995
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1 Bedroom Apartment Available NowTotal Monthly Price
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$1,995
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$1,995
440 W Elm St, Unit 111
440 W Elm StChicago, IL 60610
745 N Carpenter St
ChicagoIL60642
1115 W Van Buren St
ChicagoIL60607
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$2,095 - $7,300Studio to 3 Bedroom Apartments Available Now
Hugo River North
751 N Hudson AveChicago, IL 60654
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.
1200 W Gladys Ave
ChicagoIL60607
1043 W Madison St, Unit 27R
1043 W Madison St
ChicagoIL60607
579 W Kinzie St
ChicagoIL60654
342 W Chestnut St
ChicagoIL60610
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$2,163 - $10,000Studio to 3 Bedroom Apartments Available Now
K2 Apartments
365 N Halsted StChicago, IL 60661
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$2,169 - $4,763Studio to 2 Bedroom Apartments Available Now
Echelon Chicago
353 N Desplaines StChicago, IL 60661
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$2,175 - $3,750Studio to 2 Bedroom Apartments Available Now
Inspire West Town
670 N May StChicago, IL 60642
1120 W Randolph St
ChicagoIL60607
100 S Aberdeen St
ChicagoIL60607
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$2,192 - $8,336Studio to 3 Bedroom Apartments Available Now
Next Apartments
347 W Chestnut StChicago, IL 60610
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.
1050 W Van Buren St
ChicagoIL60607
360 W Illinois St
ChicagoIL60654
913 W Van Buren St, Unit 5B
913 W Van Buren St
ChicagoIL60607
1201 W Adams St
ChicagoIL60607
330 W Grand Ave
ChicagoIL60654
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$2,203 - $6,206Studio to 2 Bedroom Apartments Available Now
Kingsbury Plaza
520 N Kingsbury StChicago, IL 60654
501 N Kingsbury St
ChicagoIL60654
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$2,225 - $6,625Studio to 3 Bedroom Apartments Available Now
Landmark West Loop
1035 W Van Buren StChicago, IL 60607
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$2,227Studio Apartments Available Nov 1
740 N Aberdeen St, Unit 307
740 N Aberdeen StChicago, IL 60642
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$2,237 - $4,988Studio to 3 Bedroom Apartments Available Now
The Avra West Loop
1125 W Van Buren StChicago, IL 60607
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.
337 W Chestnut St
ChicagoIL60610
424 W Grand Ave
ChicagoIL60654
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$2,245 - $5,165Studio to 3 Bedroom Apartments Available Now
The Dylan Chicago
160 N Morgan StChicago, IL 60607
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$2,245 - $2,875Studio to 1 Bedroom Apartments Available Now
The Jax
1220 W Jackson BlvdChicago, IL 60607
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$2,248 - $6,711Studio to 3 Bedroom Apartments Available Now
Alta
555 W Kinzie StChicago, IL 60654
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$2,249 - $18,444
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$2,249 - $18,444
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Flora
1114 W Carroll AveChicago, IL 60607
177 N Aberdeen St
ChicagoIL60607
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$2,250Studio Apartments Available Now
1091 W Van Buren St, Unit 14
1091 W Van Buren StChicago, IL 60607
125 S Green St
ChicagoIL60607
1101 W Jackson Blvd
ChicagoIL60607
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.
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$2,251 - $3,496
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Studio to 3 Bedroom Apartments Available Aug 10Total Monthly Price
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$2,251 - $3,496
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One Six Six
166 N Aberdeen StChicago, IL 60607
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$2,258 - $48,409Studio to 4 Bedroom Apartments Available Now
369 Grand by Onni
369 W Grand AveChicago, IL 60654
239 N Elizabeth St, Unit 1010
239 N Elizabeth St
ChicagoIL60607
315 N May St
ChicagoIL60607
509 N Racine Ave, Unit 6S
509 N Racine Ave
ChicagoIL60642
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$2,278Studio Apartments Available Dec 12
347 W Chestnut St, Unit 2506
347 W Chestnut StChicago, IL 60610
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$2,283 - $5,672Studio to 2 Bedroom Apartments Available Now
Arthur on Aberdeen
210-212 N Aberdeen StChicago, IL 60607
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$2,285 - $9,0001 to 4 Bedroom Apartments Available Now
Mondial River West
910 W Huron StChicago, IL 60642
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$2,295 - $4,395
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$2,295 - $4,395
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$2,295 - $4,395
130 S Halsted St
130 S Halsted StChicago, IL 60661
119 S Clinton St, Unit 603
119 S Clinton St
ChicagoIL60661
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Showing Results 1-50, Page 1 of 4
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 | $2,469 | $1,455 | $6,530 |
| West Loop 1 Bedroom Apartments | $2,926 | $1,798 | $9,987 |
| West Loop 2 Bedroom Apartments | $4,527 | $1,720 | $10,000+ |
| West Loop 3 Bedroom Apartments | $8,137 | $2,850 | $10,000+ |
| West Loop 4 Bedroom Apartments | $2,711 | $1,220 | $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 171 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
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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 Studio unit found at 768 W. Jackson priced from $1,455. Presidential Towers has the second lowest priced unit, which is a Studio apartment currently listed from $1,654. Here are the most affordable West Loop apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 768 W. Jackson | Studio | Studio,1BA | $1,455 |
| Presidential Towers | STUDIO SIX | Studio,1BA | $1,654 |
| Hugo River North | Studio | Studio,1BA | $2,095 |
| Alta | West 09 & 10 | Studio,1BA | $2,175 |
| Next Apartments | S2 | Studio,1BA | $2,192 |
| The Avra West Loop | A2 | Studio,1BA | $2,237 |
| Flora | Studio - E (ADA) | Studio,1BA | $2,270 |
| Mondial River West | Convertible | 1BR,1BA | $2,290 |
Best Value Apartments for Rent in West Loop, IL
As of July 07, 2026 the best value apartment in the West Loop area is the $1.95 price per square foot 613 N Racine Ave Model at 613 N Racine Ave, Unit 1 in the in the West Town neighborhood starting from $4,000. The second greatest value West Loop apartment is the 1127 W Madison St Model at 1127 W Madison St, Unit 3 starting at $3,950 with a $2.32 price per square foot in the West Loop 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. |
|---|---|---|---|
| 613 N Racine Ave, Unit 1 | 613 N Racine Ave | 4BR,2BA | $1.95 |
| 1127 W Madison St, Unit 3 | 1127 W Madison St | 2BR,2BA | $2.32 |
| 650 N Green St, Unit 04 | 650 N Green St | 3BR,2BA | $3.32 |
| Tailor Lofts Student Living | Jefferson | 4BR,4BA | $0.95 |
| Verdant Apartments | 3BR/2.0BA | 3BR,2BA | $2.96 |
| Aberdeen East | 1 Bedroom (14) | 1BR,1BA | $3.56 |
| TRIO Apartments | One Bedroom - A1 | 1BR,1BA | $3.61 |
| 440 W Elm St, Unit 111 | 440 W Elm St | 1BR,1BA | $2.85 |
| 900 W Washington Blvd, Unit 32E | 900 W Washington Blvd | 1BR,1BA | $3.57 |
| Presidential Towers | STUDIO SIX | Studio ,1BA | $3.52 |
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.
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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 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.
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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 $2,290.
What is the price of a cheap apartment in West Loop?
The cheapest apartment in West Loop is Presidential Towers which is listed at $1,801, while the average apartment in West Loop costs $6,554.
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 69 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 $563 which is $5,991 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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.