Cheap Loft Style Apartments for Rent in Chicago, IL from $400 (29 Rentals)

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Apartments in Chicago with high ceilings and cool urban vibes.

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2010 S Loomis St
$7504 Bedroom, 1 Bath Home for RentAvailable Now

2010 S Loomis St

Chicago, IL 60608
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2527 W Division St
$7753 Bedroom, 1 Bath Home for RentAvailable Now

2527 W Division St

Chicago, IL 60622
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4938 N Bell Ave
$8253 Bedroom, 1 Bath Home for RentAvailable Now

4938 N Bell Ave

Chicago, IL 60625
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1639 W Superior St
$8503 Bedroom, 1 Bath Home for RentAvailable Now

1639 W Superior St

Chicago, IL 60622
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2139 W Chicago Ave
$9003 Bedroom, 1 Bath Home for RentAvailable Mar 8

2139 W Chicago Ave

Chicago, IL 60622
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1841 N Mozart St
$9003 Bedroom, 1 Bath Home for RentAvailable Now

1841 N Mozart St

Chicago, IL 60647
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1446 N Campbell Ave
$9503 Bedroom, 2 Bath Home for RentAvailable Now

1446 N Campbell Ave

Chicago, IL 60622
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1847 W Armitage Ave
$9755 Bedroom, 2 Bath Home for RentAvailable Mar 31

1847 W Armitage Ave

Chicago, IL 60622
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1536 N Claremont Ave
$9753 Bedroom, 2 Bath Home for RentAvailable Jan 31

1536 N Claremont Ave

Chicago, IL 60622
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1001 N Damen Ave
$1,0253 Bedroom, 1 Bath Home for RentAvailable Mar 3

1001 N Damen Ave

Chicago, IL 60622
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Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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3308 W Armitage Ave
$1,0754 Bedroom, 2 Bath Home for RentAvailable Jan 31

3308 W Armitage Ave

Chicago, IL 60647
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1455 N Paulina St
$1,1505 Bedroom, 3 Bath Home for RentAvailable Feb 1

1455 N Paulina St

Chicago, IL 60622
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6942 S Crandon Ave
$1,1751 Bedroom, 1 Bath Home for RentAvailable Now

6942 S Crandon Ave

Chicago, IL 60649
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1904 E 79th St
$1,2001 Bedroom, 1 Bath Home for RentAvailable Now

1904 E 79th St

Chicago, IL 60649
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2828 N Cambridge Ave
$1,275Studio, 1 Bath Home for RentAvailable Now

2828 N Cambridge Ave

Chicago, IL 60657
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1726 E 70th St
$1,3502 Bedroom, 1 Bath Home for RentAvailable Feb 15

1726 E 70th St

Chicago, IL 60649
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8001 S Coles Ave
$1,4003 Bedroom, 1 Bath Home for RentAvailable Now

8001 S Coles Ave

Chicago, IL 60617
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1515 W Morse Ave
$1,4501 Bedroom, 1 Bath Home for RentAvailable Now

1515 W Morse Ave

Chicago, IL 60626
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1807 N Lawndale Ave
$1,5502 Bedroom, 1 Bath Home for RentAvailable Now

1807 N Lawndale Ave

Chicago, IL 60647
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1850 S Fairfield Ave
$1,6002 Bedroom, 1 Bath Home for RentAvailable Now

1850 S Fairfield Ave

Chicago, IL 60608
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Chicago, IL Local Guide

Quick 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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Getting Around Chicago, IL

Walk Score®

83 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

77 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

66 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Chicago Apartments

What is the Cheapest Studio apartment in Chicago?

Currently the most affordable Cheap Studio Apartment in Chicago is at 5445 Ingleside By 3L Living listed at $600.

How much is rent for a Cheap One Bedroom Chicago Apartment?

The lowest price for a Cheap One Bedroom Chicago Apartment is $750 at Chatham Park Village-Cooperative (Membership).

What is the lowest price for a Cheap Two Bedroom Chicago Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Chicago is starting from $890 at 7419 S Phillips.

What is the most affordable Chicago Three Bedroom Apartment?

The best deal on a cheap Chicago Three Bedroom Apartment rental is at Southland Village and starts from $1,100.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

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.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.