
Homes for Rent in South Loop Neighborhood of Chicago, IL Under $1,500 (3 Rentals)


640 S Federal St

345 E Eastgate Pl
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
South Loop, Chicago, IL Local Guide

How much does it cost to rent a home in South Loop?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Loop 2 Bedroom Homes for Rent | $3,089 | $1,975 | $5,089 |
South Loop 3 Bedroom Homes for Rent | $3,842 | $1,800 | $5,800 |
South Loop 4 Bedroom Homes for Rent | $11,750 | $8,500 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the South Loop Neighborhood of Chicago, IL.
Explore Chicago
Frequently Asked Questions about South Loop
What type of rentals are currently available in South Loop?
There are currently 289 Apartments for Rent in South Loop, IL with pricing that ranges from $875 to $15,980. There are also 285 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Loop ranging from $1,400 to $15,000.
What is the current price range for Rental Homes in South Loop?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Loop ranges from $1,400 to $15,000 with an average monthly rent of $4,570.
How much are larger Three and Four Bedroom Rentals in South Loop?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South Loop range from $1,899 to $12,930, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $5,800. Four Bedroom Single-Family rentals are also available starting from $8,500 and Four Bedroom Apartments start at $875.
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.

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.

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.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.