Cheap Apartments for Rent in the Chicago Loop Neighborhood of Chicago, IL from $900 (63 Rentals)

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

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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65 E Lake St
$1,7991 Bedroom, 1 Bath Home for RentAvailable Now

65 E Lake St

Chicago, IL 60601
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730 N Dearborn St
$1,8991 Bedroom, 1 Bath Home for RentAvailable Now

730 N Dearborn St

Chicago, IL 60654
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172 W Randolph St
$1,9101 Bedroom, 1 Bath Home for RentAvailable Now

172 W Randolph St

Chicago, IL 60601
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100 W Erie St
$1,9301 Bedroom, 1 Bath Home for RentAvailable Now

100 W Erie St

Chicago, IL 60654
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860 S Clark St
$1,9991 Bedroom, 1 Bath Home for RentAvailable Now

860 S Clark St

Chicago, IL 60605
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25 W Hubbard St
1 Bedroom Apartments

25 W Hubbard St

25 W Hubbard StChicago, IL 60654
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525 S. Dearborn St.
Studio to 2 Bedroom Apartments

525 S. Dearborn St.

525-537 S Dearborn StChicago, IL 60605
Showing Results 1-50, Page 1 of 2

Chicago Loop, 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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Pet Friendly Lifestyle
Chicago Loop, Chicago, IL

Ranked #7

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 Gramercy Row Apartments listed at $1,222.

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

The lowest price for a Cheap One Bedroom Chicago Loop Apartment is $1,669 at Gramercy Row 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 $1,935 at Straits Row.

What is the most affordable Chicago Loop Three Bedroom Apartment?

The best deal on a cheap Chicago Loop Three Bedroom Apartment rental is at Straits Row and starts from $1,899.

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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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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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.

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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.