
Cheap Homes for Rent in West Loop Neighborhood of Chicago, IL from $1,700 (114 Rentals)
Search the lowest-cost Homes available for rent right now in the West Loop area of Chicago.


1035 W Van Buren St

125 S Jefferson St

1016 W Fry St, Unit 1F

1016 W Fry St

1016 W Fry St, Unit # 01F

830 N Milwaukee Ave

910 W Huron St

925 W Randolph St, Unit 2F

1043 W Madison St, Unit 27R
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.

710 W Adams St

641 W Grand Ave, Unit S

351 N Jefferson St

579 W Kinzie St

468 W Chicago Ave

800 N Cleveland Ave

340 W Superior St, Unit 710

1111 W Tilden St

641 W Lake St

1059 W Van Buren St
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.

1103 W Van Buren St

580 W Kinzie St

1201 W Adams St

177 N Aberdeen St

1125 W Van Buren St

1200 W Gladys Ave

1215 W Grand Ave

34 N Sangamon St

360 W Illinois St

188 N Aberdeen St
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!

188 N Aberdeen St

159 N Aberdeen St

377 N Desplaines St

565 W Quincy St, Unit 25A

120 N Desplaines St

424 W Grand Ave

460 W Chicago Ave

1201 W Van Buren St

730 N Morgan St

312 N Canal St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

727 N Milwaukee Ave

1101 W Jackson Blvd

52 N Sangamon St

932 W Madison St

180 N Jefferson St

125 S Green St

779 W Adams St

1224 W Van Buren St

1142 W Jackson Blvd

500 N Kingsbury St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
West Loop, Chicago, IL Local Guide

How much does it cost to rent a home in West Loop?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| West Loop 2 Bedroom Homes for Rent | $3,866 | $2,300 | $10,000+ |
| West Loop 3 Bedroom Homes for Rent | $5,413 | $3,695 | $8,750 |
| West Loop 4 Bedroom Homes for Rent | $9,747 | $9,500 | $9,995 |
| West Loop 5 Bedroom Homes for Rent | $12,955 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 114 rentals with your search options within a 2 mile radius of the West Loop Neighborhood of Chicago, IL.
Explore Chicago
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 $1,325. Presidential Towers has the second lowest priced unit, which is a Studio apartment currently listed from $1,780. 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 | $1,325 |
| Presidential Towers | STUDIO SIX | Studio,1BA | $1,780 |
| Hugo River North | Studio | Studio,1BA | $2,050 |
| The 808 Cleveland | Studio 1 Bath | Studio,1BA | $2,092 |
| Next Apartments | S1 | Studio,1BA | $2,109 |
| Reside on Green Street | S6 - 504 | Studio,1BA | $2,131 |
| Arkadia West Loop | Studio-08 | Studio,1BA | $2,135 |
| JeffJack Apartments | Studio 05 | Studio,1BA | $2,189 |
| Hubbard Place | S1 | Studio,1BA | $2,190 |
Best Value Apartments for Rent in West Loop, IL
As of March 10, 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 1008 W Lake St Model at 1008 W Lake St, Unit 2 starting at $5,600 with a $2.67 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 |
| 1008 W Lake St, Unit 2 | 1008 W Lake St | 1BR,1.5BA | $2.67 |
| 229 S Racine Ave, Unit 1 | 229 S Racine Ave | 2BR,2BA | $2.06 |
| TRIO Apartments | Two Bedrooms - C3 | 2BR,2BA | $3.15 |
| Verdant Apartments | 3BR/2.0BA | 3BR,2BA | $3.09 |
| 636 W Oak St, Unit A02C | 636 W Oak St | 2BR,1BA | $3.18 |
| 1201 W Adams St, Unit 807 | 1201 W Adams St | 1BR,1BA | $3.00 |
| 821 W Van Buren St | 821 W Van Buren St | 1BR,1BA | $3.22 |
| 900 W Washington Blvd, Unit 32E | 900 W Washington Blvd | 1BR,1BA | $2.86 |
| Letterman Chicago | Unit 308 | 1BR,1BA | $3.19 |
Frequently Asked Questions about West Loop
What type of rentals are currently available in West Loop?
There are currently 362 Apartments for Rent in West Loop, IL with pricing that ranges from $1,040 to $77,776. There are also 403 Single Family Homes for rent, Condos, and Townhome rentals currently available in West Loop ranging from $1,799 to $20,000.
What is the current price range for Rental Homes in West Loop?
Today's rental pricing for Homes for Rent, Condos and Townhomes in West Loop ranges from $1,799 to $20,000 with an average monthly rent of $6,130.
How much are larger Three and Four Bedroom Rentals in West Loop?
For those who are looking for larger living arrangements, Three Bedroom Apartments in West Loop range from $1,065 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,695 to $8,750. Four Bedroom Single-Family rentals are also available starting from $9,500 and Four Bedroom Apartments start at $1,040.
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.