Cheap Apartments for Rent in the Chicago Loop Neighborhood of Chicago, IL from $900 (76 Rentals)

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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.

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343 S Dearborn St
$1,630Studio, 1 Bath Home for RentAvailable Now

343 S Dearborn St

Chicago, IL 60604
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65 E Lake St
$1,6991 Bedroom, 1 Bath Home for RentAvailable Now

65 E Lake St

Chicago, IL 60601
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505 N State St
$1,8401 Bedroom, 1 Bath Home for RentAvailable Now

505 N State St

Chicago, IL 60654
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445 E Ohio St
$1,870Studio, 1 Bath Home for RentAvailable Jan 3, 2025

445 E Ohio St

Chicago, IL 60611
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Showing Results 1-50, Page 1 of 2

Chicago Loop, Chicago, IL Local Guide

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 ListingModel NameBed/BathPriced From
Marina CityStudioStudio,1BA$1,500
Pittsfield ApartmentsStudio - Style EStudio,1BA$1,550
Student | Infinite Chicago2x12BR,1BA$1,584
MDA ApartmentsS6NMStudio,1BA$1,595
ELEVEN THIRTYTier 6/12 (Studio)Studio,1BA$1,627
Axis Apartments and LoftsStudioStudio,1BA$1,635
The Regal Apartments1 Bedroom Loft Floor Plan A11BR,1BA$1,645
Arrive Streeterville12B StudioStudio,1BA$1,645
ImprintLoft Studio CStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Lake Shore PlazaTwo Bedroom2BR,2BA$2.19
1000 S Clark St, Unit FL17-ID9921000 S Clark St2BR,2BA$2.27
731 Plymouth by 3L Living2 Bedroom West2BR,1BA$1.98
10 E. Ontario St.1 Bedroom1BR,1BA$2.10
5039 N Broadway St, Unit 25039 N Broadway St1BR,1BA$2.49
60 W Superior St, Unit 130960 W Superior St1BR,1BA$2.43
50 W Randolph St, Unit 90550 W Randolph St1BR,1BA$2.47
737 N Dearborn St, Unit 2737 N Dearborn St1BR,1BA$2.16
676 N La Salle Dr, Unit FL4-ID898676 N La Salle Dr1BR,1BA$2.37
The Regal Apartments1 Bedroom Loft Floor Plan A11BR,1BA$2.47

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Pet Friendly Lifestyle
Chicago Loop, Chicago, IL

Ranked #6

Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

5.0
Pet Friendly

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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.

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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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