Cheap Homes for Rent in Chicago Loop Neighborhood of Chicago, IL from $1,400 (227 Rentals)

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

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777 N Michigan Ave
$1,500Studio, 1 Bath RentalsAvailable Now

777 N Michigan Ave

Chicago, IL 60611
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40 E 9th St
$1,500Studio, 1 Bath RentalsAvailable Now

40 E 9th St

Chicago, IL 60605
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152 W Superior St
$1,590Studio, 1 Bath Condo for RentAvailable Now

152 W Superior St, Unit 4R

152 W Superior St
Chicago, IL 60654
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535 N Michigan Ave
$1,625Studio, 1 Bath RentalsAvailable Now

535 N Michigan Ave

Chicago, IL 60611
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474 N Lake Shore Dr
$1,650Studio, 1 Bath RentalsAvailable Now

474 N Lake Shore Dr

Chicago, IL 60611
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117 N Clark St
$1,695Studio, 1 Bath Condo for RentAvailable Now

117 N Clark St

Chicago, IL 60602
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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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630 S Clark St
$1,750Studio, 1 Bath Condo for RentAvailable Now

630 S Clark St, Unit 3711

630 S Clark St
Chicago, IL 60605
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680 S Federal St
$1,750Studio, 1 Bath RentalsAvailable Now

680 S Federal St

Chicago, IL 60605
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755 N Wells St
$1,7601 Bedroom, 1 Bath Condo for RentAvailable Now

755 N Wells St, Unit 2

755 N Wells St
Chicago, IL 60654
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401 E Ontario St
$1,8001 Bedroom, 1 Bath Condo for RentAvailable Now

401 E Ontario St, Unit 2501

401 E Ontario St
Chicago, IL 60611
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333 W Hubbard St
$1,800Studio, 1 Bath Condo for RentAvailable Now

333 W Hubbard St, Unit 510

333 W Hubbard St
Chicago, IL 60654
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512 N McClurg Ct
$1,800Studio, 1 Bath RentalsAvailable Now

512 N McClurg Ct

Chicago, IL 60611
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300 N State St
$1,850Studio, 1 Bath RentalsAvailable Now

300 N State St

Chicago, IL 60654
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899 S Plymouth Ct
$1,9001 Bedroom, 1 Bath Condo for RentAvailable Now

899 S Plymouth Ct, Unit 1806

899 S Plymouth Ct
Chicago, IL 60605
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1 E 8th St
$1,9001 Bedroom, 1 Bath RentalsAvailable Now

1 E 8th St

Chicago, IL 60605
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400 N La Salle Dr
$1,900Studio, 1 Bath RentalsAvailable Now

400 N La Salle Dr

Chicago, IL 60654
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42 E Superior St
$1,9351 Bedroom, 1 Bath Condo for RentAvailable Now

42 E Superior St, Unit 9F

42 E Superior St
Chicago, IL 60611
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7 W Superior St
$1,9401 Bedroom, 1 Bath Condo for RentAvailable Now

7 W Superior St

Chicago, IL 60654
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161 E Chicago Ave
$1,950Studio, 1 Bath RentalsAvailable Now

161 E Chicago Ave

Chicago, IL 60611
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400 E Randolph St
$1,950Studio, 1 Bath RentalsAvailable Now

400 E Randolph St

Chicago, IL 60601
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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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Frequently Asked Questions about Chicago Loop

What type of rentals are currently available in Chicago Loop?

There are currently 405 Apartments for Rent in Chicago Loop, IL with pricing that ranges from $1,234 to $77,776. There are also 579 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chicago Loop ranging from $1,425 to $35,000.

What is the current price range for Rental Homes in Chicago Loop?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Chicago Loop ranges from $1,425 to $35,000 with an average monthly rent of $8,020.

How much are larger Three and Four Bedroom Rentals in Chicago Loop?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Chicago Loop range from $1,899 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,900 to $20,000. Four Bedroom Single-Family rentals are also available starting from $5,000 and Four Bedroom Apartments start at $1,699.

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.

decorative image for What to Know About Fees and Fines When Renting article

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.