Apartments for Rent in the South Loop Neighborhood of Chicago, IL (287 Rentals)

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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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South 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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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Illinois including South Loop, Chicago, and the greater Chicago area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best outdoor access, pet-friendly features, places that make kids happy, proximity to transit, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Family-Friendly Rating

A family-friendly apartment community may be just the ticket if you have children when you rent. This neighborhood is a good residential neighborhood for families, with a score of 3.5 out of 4. Family Friendly ratings are based on community features and environments that help parents and children to thrive. These features include things like green spaces, pet amenities, playgrounds, and access to highly-rated learning and education resources.

Outdoors Rating

Do you like parks and greenspace? South Loop has established a name for itself as providing favorable access to parks and outdoor amenities, with a score of 3.5 out of 4.

Luxury Living Rating

This part of town has now become known as one of the finest luxury communities in town, with a score of 3.5 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like saunas, pools, sport courts, on-site concierge services, gardens, nearby parks, and kitchen details like granite and high-end fixtures. Luxury communities also often offer tile or hardwood floors, raquetball courts, and for some communities, even a doorman to greet residents.

Pet Friendly Rating

Does your family raise dogs and cats? this residential neighborhood ranks as one of our favorite neighborhoods for dog and cat owners, with a score of 3.5 out of 4.

Getting Around the South Loop Neighborhood in Chicago, IL

Walk Score®

93 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

88 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

86 / 100

Excellent Transit

Transit is convenient for most trips

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 South Loop

How much are Studio apartments in South Loop?

There are currently 84 Studio Apartments in South Loop with rent ranges from $1,147 to $4,567 with an average price of $2,473.

What is the current price range for One Bedroom South Loop Apartments for rent?

Today's rental pricing for One Bedroom Apartments in South Loop ranges from $1,500 to $7,162 with an average monthly rent of $2,963.

What does renting a Two Bedroom Apartment in South Loop cost?

The monthly rent prices of Two Bedroom Apartments currently available in South Loop range from $1,500 to $10,000. Today's average rental price for Two Bedrooms here is $4,340.

How expensive are South Loop Three Bedroom Apartments?

There are currently 118 Three Bedroom Apartments listings available in South Loop on ApartmentHomeLiving.com. The pricing ranges from $1,858 to $12,930 - averaging $6,716 for the location.

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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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.