Cheap Homes for Rent in West Loop Neighborhood of Chicago, IL from $1,900 (114 Rentals)

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Search the lowest-cost Homes available for rent right now in the West Loop area of Chicago.

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
property at 565 W Quincy St

$2,150

Total Monthly Price

Total Monthly Price

Base Rent
$2,150

Total Monthly Price
$2,150

1 Bedroom, 1 Bath Condo for Rent

Available Now

565 W Quincy St, Unit 25A

565 W Quincy St
ChicagoIL60661

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 360 W Illinois St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

360 W Illinois St

ChicagoIL60654
property at 1201 W Adams St

$2,200 - $4,550

Total Monthly Price

Total Monthly Price

Base Rent
$2,200 - $4,550

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

Studio To 2 Bedroom Condos for Rent

Available Now

1201 W Adams St

ChicagoIL60607
property at 900 W Washington Blvd

$2,200 - $5,870

Total Monthly Price

Total Monthly Price

Base Rent
$2,200 - $5,870

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

Studio To 3 Bedroom Condos for Rent

Available Jul 6

900 W Washington Blvd

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 125 S Green St

$2,250 - $4,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,250 - $4,400

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

Studio To 2 Bedroom Condos for Rent

Available Now

125 S Green St

ChicagoIL60607
property at 659 W Randolph St

$2,250 - $3,900

Studio To 2 Bedroom Rentals

Available Jul 1

659 W Randolph St

ChicagoIL60661
property at 873 N Larrabee St

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

873 N Larrabee St, Unit #507

873 N Larrabee St
ChicagoIL60610

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.

property at 950 W Erie St

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

950 W Erie St, Unit 403

950 W Erie St
ChicagoIL60642
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
property at 210 S Desplaines St

$2,350

Total Monthly Price

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350

1 Bedroom, 1 Bath Condo for Rent

Available Now

210 S Desplaines St, Unit 1008

210 S Desplaines St
ChicagoIL60661
property at 1101 W Jackson Blvd

$2,350 - $3,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,350 - $3,100

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

Studio To 1 Bedroom Condos for Rent

Available Now

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.

property at 1224 W Van Buren St

$2,362 - $5,103

Total Monthly Price

Total Monthly Price

Base Rent
$2,362 - $5,103

Total Monthly Price
$2,362 - $5,103

Studio To 2 Bedroom Condos for Rent

Available Now

1224 W Van Buren St

ChicagoIL60607

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

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!

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 $1,425. Presidential Towers has the second lowest priced unit, which is a Studio apartment currently listed from $1,645. Here are the most affordable West Loop apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
768 W. JacksonStudioStudio,1BA$1,425
Presidential TowersSTUDIO SIXStudio,1BA$1,645
Nevele22 - 1122 W ChicagoStudio (ARO, 100%)Studio,1BA$1,967
Aberdeen CrossingTier 12 - ConvertibleStudio,1BA$2,210
Hugo River North1B/1B1BR,1BA$2,271
The Avra West LoopA7Studio,1BA$2,300
Reside on Green StreetSC3 - 504Studio,1BA$2,320
SpokeS2Studio,1BA$2,330
WesterlyStudio-e10aStudio,1BA$2,359
K2 ApartmentsUnit 12Studio,1BA$2,390

Best Value Apartments for Rent in West Loop, IL

As of June 08, 2026 the best value apartment in the West Loop area is the $1.70 price per square foot 1220 W Augusta Blvd Model at 1220 W Augusta Blvd, Unit 2 in the in the West Loop neighborhood starting from $4,250. The second greatest value West Loop apartment is the C1 - 120 Model at The Lofts at Gin Alley starting at $5,310 with a $3.01 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1220 W Augusta Blvd, Unit 21220 W Augusta Blvd2BR,2BA$1.70
The Lofts at Gin AlleyC1 - 1203BR,2BA$3.01
FultonHub2BR/2.0BA2BR,2BA$2.74
24 S Morgan ApartmentsB32BR,2BA$3.28
Verdant Apartments3BR/2.0BA3BR,2BA$2.96
The JaxJ6 1 Bed, 1 Bath1BR,1BA$3.70
Aberdeen East1 Bedroom (14)1BR,1BA$3.56
900 W Washington Blvd, Unit 32E900 W Washington Blvd1BR,1BA$3.57
Mondial River WestConvertible1BR,1BA$3.69
Presidential TowersSTUDIO SIXStudio ,1BA$3.49

Frequently Asked Questions about West Loop

What type of rentals are currently available in West Loop?

There are currently 348 Apartments for Rent in West Loop, IL with pricing that ranges from $1,220 to $48,409. There are also 347 Single Family Homes for rent, Condos, and Townhome rentals currently available in West Loop ranging from $1,960 to $8,000.

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 $1,960 to $8,000 with an average monthly rent of $4,443.

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 $2,850 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,695 to $8,000. Four Bedroom Single-Family rentals are also available starting from $7,300 and Four Bedroom Apartments start at $1,220.

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

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

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Articles, How-To's, and Tips

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

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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.