Cheap Apartments for Rent in the Chicago Loop Neighborhood of Chicago, IL from $900 (76 Rentals)
Explore the Best Cheap Apartments in Chicago Loop area of Chicago for Renters Looking for a Great Deal on Lower Cost Rent for the Area.
300 N State St
Pittsfield Apartments
203 N Wabash Ave, Unit 1905
63 E Lake St
60 E Benton Pl
343 S Dearborn St
Axis Apartments and Lofts
The Regal Apartments
Arrive Streeterville
751 N Hudson Ave, Unit FL4-ID1037
320 W Illinois St
737 N Dearborn St, Unit 2
63 E Lake St
343 S Dearborn St
820 Michigan by 3L Living
The Bush Temple
65 E Lake St
751 N Hudson Ave
676 N La Salle Dr, Unit FL4-ID898
676 N La Salle Dr
The Grand Central
330 S Wells St
North Harbor Tower
Astoria Tower
311 W Illinois St, Unit FL10-ID1130
505 N State St
800 N Wells St
The Alfred
445 E Ohio St
32 E Adams St, Unit 1C
110 W Chicago Ave, Unit S
Cityfront Place
730 N Dearborn St
225 N Columbus Dr
17 E Adams St, Unit 1
210 N Wells St
860 S Clark St
105 W Chicago Ave
The Elle Apartments
110 W Chicago Ave
River City Apartments
545 N Dearborn St, Unit 2201B
Chicago Loop, Chicago, IL Local Guide
How much does it cost to rent an apartment in Chicago Loop?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Chicago Loop Studio Apartments | $2,533 | $1,095 | $7,063 |
Chicago Loop 1 Bedroom Apartments | $3,217 | $200 | $10,000+ |
Chicago Loop 2 Bedroom Apartments | $4,681 | $949 | $10,000+ |
Chicago Loop 3 Bedroom Apartments | $6,059 | $949 | $10,000+ |
Chicago Loop 4 Bedroom Apartments | $4,456 | $949 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 76 rentals with your search options within a 1 mile radius of the Chicago Loop Neighborhood of Chicago, IL.
See all Apartments in ChicagoExplore Chicago
Chicago Loop, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Chicago Loop Apartments for Rent
 The cheapest available apartment rental in the Chicago Loop area of Chicago, IL is a Studio unit found at Marina City priced from $1,500. Pittsfield Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,550. Here are the most affordable Chicago Loop apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Marina City | Studio | Studio,1BA | $1,500 |
Pittsfield Apartments | Studio - Style E | Studio,1BA | $1,550 |
Student | Infinite Chicago | 2x1 | 2BR,1BA | $1,584 |
MDA Apartments | S6NM | Studio,1BA | $1,595 |
ELEVEN THIRTY | Tier 6/12 (Studio) | Studio,1BA | $1,627 |
Axis Apartments and Lofts | Studio | Studio,1BA | $1,635 |
The Regal Apartments | 1 Bedroom Loft Floor Plan A1 | 1BR,1BA | $1,645 |
Arrive Streeterville | 12B Studio | Studio,1BA | $1,645 |
Imprint | Loft Studio C | Studio,1BA | $1,665 |
Best Value Apartments for Rent in Chicago Loop, IL
As of January 01, 2025 the best value apartment in the Chicago Loop area is the $2.19 price per square foot Two Bedroom Model at Lake Shore Plaza in the in the Magnificent Mile neighborhood starting from $2,995. The second greatest value Chicago Loop apartment is the 1000 S Clark St Model at 1000 S Clark St, Unit FL17-ID992 starting at $2,460 with a $2.27 price per square foot in the Near South Side neighborhood. Here is today’s list of the best values for Chicago Loop apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Lake Shore Plaza | Two Bedroom | 2BR,2BA | $2.19 |
1000 S Clark St, Unit FL17-ID992 | 1000 S Clark St | 2BR,2BA | $2.27 |
731 Plymouth by 3L Living | 2 Bedroom West | 2BR,1BA | $1.98 |
10 E. Ontario St. | 1 Bedroom | 1BR,1BA | $2.10 |
5039 N Broadway St, Unit 2 | 5039 N Broadway St | 1BR,1BA | $2.49 |
60 W Superior St, Unit 1309 | 60 W Superior St | 1BR,1BA | $2.43 |
50 W Randolph St, Unit 905 | 50 W Randolph St | 1BR,1BA | $2.47 |
737 N Dearborn St, Unit 2 | 737 N Dearborn St | 1BR,1BA | $2.16 |
676 N La Salle Dr, Unit FL4-ID898 | 676 N La Salle Dr | 1BR,1BA | $2.37 |
The Regal Apartments | 1 Bedroom Loft Floor Plan A1 | 1BR,1BA | $2.47 |
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.
Pet Friendly LifestyleChicago Loop, Chicago, IL
Ranked #6
Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
5.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across Illinois, including Chicago. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, kid and pet-friendly communities, availability of transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Chicago Loop Neighborhood in Chicago, IL
Walk Score®
100 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
81 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
100 / 100
Rider’s Paradise
World-class public transportation
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Chicago Loop Apartments
What is the Cheapest Studio apartment in Chicago Loop?
Currently the most affordable Cheap Studio Apartment in Chicago Loop is at Marina City listed at $1,500.
How much is rent for a Cheap One Bedroom Chicago Loop Apartment?
The lowest price for a Cheap One Bedroom Chicago Loop Apartment is $1,645 at The Regal Apartments.
What is the lowest price for a Cheap Two Bedroom Chicago Loop Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Chicago Loop is starting from $1,584 at Student | Infinite Chicago.
What is the most affordable Chicago Loop Three Bedroom Apartment?
The best deal on a cheap Chicago Loop Three Bedroom Apartment rental is at Fisher Building Apartments and starts from $3,350.
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.
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.
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.
Navigating the World of Low-Income Housing: A Comprehensive Guide
Written by: Kevin Ready
Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.
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.