Cheap Apartments for Rent in the West Loop Neighborhood of Chicago, IL from $1,300 (70 Rentals)

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

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188 N Aberdeen St
$1,777Studio, 1 Bath Home for RentAvailable Now

188 N Aberdeen St

Chicago, IL 60607
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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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195 N Desplaines St
$2,1001 Bedroom, 1 Bath Home for RentAvailable Now

195 N Desplaines St

Chicago, IL 60661
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939 W Washington Blvd
$2,120Studio, 1 Bath RentalsAvailable Now

939 W Washington Blvd

Chicago, IL 60607
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1035 W Van Buren St
$2,230Studio, 1 Bath RentalsAvailable Now

1035 W Van Buren St

Chicago, IL 60607
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West Loop, Chicago, IL Local Guide

Cheapest Available West Loop Apartments for Rent

 

The cheapest available apartment rental in the West Loop area of Chicago, IL is a Studio unit found at Elm 551 at Parkside priced from $1,313. 768 W. Jackson has the second lowest priced unit, which is a Studio apartment currently listed from $1,395. Here are the most affordable West Loop apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Elm 551 at ParksideStudioStudio,1BA$1,313
768 W. JacksonStudioStudio,1BA$1,395
Presidential TowersSTUDIO SIXStudio,1BA$1,575
Larrabee Place at Parkside of Old Town1 Bedroom1BR,1BA$1,653
Hugo River NorthStudioStudio,1BA$1,700
The Van BurenS1Studio,1BA$1,750
Verdant Apartments0BR/1.0BAStudio,1BA$1,796
Nevele22 - 1122 W ChicagoStudio (ARO, 100%)Studio,1BA$1,814
Sage West LoopX12Studio,1BA$1,971

Best Value Apartments for Rent in West Loop, IL

As of February 25, 2025 the best value apartment in the West Loop area is the $1.41 price per square foot 730 N Willard Ct Model at 730 N Willard Ct, Unit M04B in the in the West Town neighborhood starting from $3,100. The second greatest value West Loop apartment is the 229 S Racine Ave Model at 229 S Racine Ave, Unit 1 starting at $3,295 with a $2.06 price per square foot in the West Loop neighborhood. Here is today’s list of the best values for West Loop apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
730 N Willard Ct, Unit M04B730 N Willard Ct3BR,2.5BA$1.41
229 S Racine Ave, Unit 1229 S Racine Ave2BR,2BA$2.06
229 S Racine Ave, Unit 1229 S Racine Ave2BR,2BA$1.87
229 S Racine Ave, Unit 1229 S Racine Ave2BR,2BA$2.06
1240 W Monroe St, Unit 1240-11240 W Monroe St2BR,2BA$2.47
933 W Van Buren St, Unit 933933 W Van Buren St2BR,2BA$2.44
650 W Wayman St, Unit 106C650 W Wayman St1BR,1BA$2.17
724 N Willard Ct, Unit M01B724 N Willard Ct2BR,1BA$2.38
842 W Adams St, Unit 2842 W Adams St2BR,1.5BA$2.50
Larrabee Place at Parkside of Old Town1 Bedroom1BR,1BA$2.32

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Pet Friendly Lifestyle
West Loop, Chicago, IL

Ranked #16

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Illinois, including Chicago. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, pet-friendly features, family-friendly amenities, proximity to transit, and much more. These search options are in the site filters at the top of this page.

Getting Around the West Loop Neighborhood in Chicago, IL

Walk Score®

95 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

91 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

85 / 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 Cheap West Loop Apartments

What is the Cheapest Studio apartment in West Loop?

Currently the most affordable Cheap Studio Apartment in West Loop is at Elm 551 at Parkside listed at $1,313.

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

The lowest price for a Cheap One Bedroom West Loop Apartment is $1,653 at Larrabee Place at Parkside of Old Town.

What is the lowest price for a Cheap Two Bedroom West Loop Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in West Loop is starting from $1,808 at Larrabee Place at Parkside of Old Town.

What is the most affordable West Loop Three Bedroom Apartment?

The best deal on a cheap West Loop Three Bedroom Apartment rental is at Inspire West Town and starts from $4,200.

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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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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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.

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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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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.