Cheap Studio Apartments for Rent in the West Loop Neighborhood of Chicago, IL from $1,395 (83 Rentals)

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property at 641 W Grand Ave

$1,960

Total Monthly Price

Total Monthly Price

Base Rent
$1,960

Total Monthly Price
$1,960

Studio, 1 Bath Condo for Rent

Available Now

641 W Grand Ave, Unit S

641 W Grand Ave
ChicagoIL60654

Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

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One Six Six
$2,190 - $2,775
Total Monthly Price

Total Monthly Price

Base Rent
$2,261 - $4,471

Total Monthly Price
Varies
Studio Apartments Available Now

One Six Six

166 N Aberdeen StChicago, IL 60607
Affordability
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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

property at 900 W Washington Blvd

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200 - $5,870

Total Monthly Price
$2,200 - $5,870

Studio Condos for Rent

Available Jul 14

900 W Washington Blvd

ChicagoIL60607
property at 1201 W Adams St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200 - $4,550

Total Monthly Price
$2,200 - $4,550

Studio Condos for Rent

Available Jun 16

1201 W Adams St

ChicagoIL60607

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.

property at 125 S Green St

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250 - $4,400

Total Monthly Price
$2,250 - $4,400

Studio Condos for Rent

Available Jun 15

125 S Green St

ChicagoIL60607

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.

property at 1043 W Madison St

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

Studio, 1 Bath Condo for Rent

Available Now

1043 W Madison St, Unit 27R

1043 W Madison St
ChicagoIL60607
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Westerly
Rent Specials
$2,314 - $2,375
Total Monthly Price

Total Monthly Price

Base Rent
$2,401 - $5,913

Total Monthly Price
Varies
Studio Apartments Available Jun 16

Westerly

740 N Aberdeen StChicago, IL 60642
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property at 1101 W Jackson Blvd

$2,350

Total Monthly Price

Total Monthly Price

Base Rent
$2,350 - $3,100

Total Monthly Price
$2,350 - $3,100

Studio Condos for Rent

Available Now

1101 W Jackson Blvd

ChicagoIL60607

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.

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 $2,355.

What is the price of a cheap apartment in West Loop?

The cheapest apartment in West Loop is 768 W. Jackson which is listed at $1,395, while the average apartment in West Loop costs $6,622.

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 56 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 $702 which is $5,920 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.

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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.

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.