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Cheap Apartments for Rent in Chicago Loop, Chicago, IL

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  • Apartments Under $1,000 Apartments Under $1,100 Apartments Under $1,500 Apartments Under $1,600 Apartments Under $1,700 Apartments Under $1,800

  • Apartments Under $1,000

  • New Units Available 65 units available
    Studio $919
    1 bd $903+
    2 bd $1,374
    Base rent
    Verified Listing

    THREE Old Town Park

    4.5 (39)
    228 W Hill Street, Chicago, IL 60610
    Apply online • Pet friendly • Fitness center

  • More Rentals Near Chicago Loop, Chicago, IL

  • 1 bd $915+
    Base rent
    Verified Listing

    1168 N. LaSalle

    4.5 (8)
    1168 North Lasalle Drive, Chicago, IL 60610
    Pet friendly

  • Apartments Under $1,100

  • Only 1 unit left
    1 bd $1,000
    2 bd $1,175
    3 bd $1,300
    Base rent
    Verified Listing

    7636 South Peoria Street

    7636-38 South Peoria Street, Chicago, IL 60620
    Apply online

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  • Apartments Under $1,500

  • Studio $1,430+
    1 bd $1,705+
    2 bd $2,595+
    Base rent
    Verified Listing

    14 West Elm Apartments

    4.5 (40)
    14 West Elm Street, Chicago, IL 60610
    Apply online • Cat friendly • Fitness center

  • More Rentals Near Chicago Loop, Chicago, IL

  • Rent specials Only 1 unit left
    Studio $1,499+
    Base rent
    Verified Listing

    Gramercy Row Apartments

    3.5 (13)
    660 - 678 N. Dearborn St., Chicago, IL 60654
    Apply online • Pet friendly • Fitness center

  • Apartments Under $1,600

  • More Rentals Near Chicago Loop, Chicago, IL

  • Rent specials 13 units available
    Studio $1,555+
    1 bd $2,050+
    Total monthly cost
    Verified Listing

    The Oliver On LaSalle

    4.5 (5)
    1140 N Lasalle Dr, Chicago, IL 60610
    Apply online • Pet friendly • Fitness center

  • Apartments Under $1,700

  • Rent specials
    Studio $1,669+
    1 bd $2,281+
    2 bd $4,053+
    Base rent
    Verified Listing

    1350 North Lake Shore Drive

    4.5 (25)
    1350 North Lake Shore Drive, Chicago, IL 60610
    Apply online • Pet friendly • Parking

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  • Studio $1,672
    1 bd $2,005+
    Base rent
    Verified Listing

    The Rosie

    1461 S Blue Island Ave, Chicago, IL 60608
    Pet friendly • Fitness center

  • Apartments Under $1,800

  • New Units Available
    Studio $1,786+
    1 bd $2,006+
    2 bd $3,461+
    Total monthly cost
    Verified Listing

    Presidential Towers

    555 West Madison, Chicago, IL 60661
    Apply online • Pet friendly • Parking

  • More Rentals Near Chicago Loop, Chicago, IL

  • New Units Available
    Studio $1,875+
    1 bd $2,245+
    2 bd $3,299+
    Total monthly cost
    Verified Listing

    River North Park

    4.0 (8)
    320 W Illinois St, Chicago, IL 60654
    Apply online • Pet friendly • In unit laundry

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  • Rent specials
    Studio $1,900+
    1 bd $2,180+
    Base rent
    Verified Listing

    65 East Scott

    4.5 (66)
    65 East Scott, Chicago, IL 60610
    Apply online • Pet friendly • Parking
  • Rent specials New Units Available
    Studio $1,920+
    1 bd $2,029+
    2 bd $2,884+
    Base rent
    Verified Listing

    Park Michigan - 1212 S Michigan Ave

    4.0 (60)
    1212 S Michigan Ave, Chicago, IL 60605
    Apply online • Pet friendly • Parking
  • Rent specials New Units Available
    Studio $1,930+
    1 bd $2,345+
    2 bd $4,220
    Base rent
    Verified Listing

    Axis Apartments And Lofts

    441 E. Erie St., Chicago, IL 60611
    Apply online • Pet friendly • Fitness center
  • New Units Available
    Studio $1,990
    1 bd $2,110+
    2 bd $2,785+
    Base rent
    Verified Listing

    777 South State

    4.0 (43)
    2 East 8Th St., Chicago, IL 60605
    Apply online • Pet friendly • Parking
  • Rent specials 17 units available
    Studio $1,997+
    1 bd $2,399+
    2 bd $3,570+
    Base rent
    Verified Listing

    Eleven40

    4.5 (15)
    1140 S Wabash Ave, Chicago, IL 60605
    Apply online • Pet friendly • Parking
  • Rent specials
    1 bd $2,015
    2 bd $2,850
    Total monthly cost
    Verified Listing

    Uncommon

    3.5 (5)
    2101 S Wabash Ave, Chicago, IL 60616
    Apply online • Pet friendly • Fitness center
  • New Units Available
    Studio $2,058+
    1 bd $2,234+
    2 bd $3,064+
    Base rent
    Verified Listing

    Scio At The Medical District

    4.5 (40)
    901 South Ashland Avenue, Chicago, IL 60607
    Apply online • Pet friendly • Parking
  • Rent specials New Units Available
    Studio $2,534+
    1 bd $2,848+
    2 bd $4,993+
    Base rent
    Verified Listing

    868 N. Wells

    4.5 (7)
    868 N. Wells Street, Chicago, IL 60610
    Apply online • Pet friendly • Fitness center
  • Only 1 unit left
    2 bd $4,295
    Base rent
    Verified Listing

    10-12 W. Chestnut

    4.0 (1)
    10 W Chestnut St, Chicago, IL 60610
    Apply online • Cat friendly • In unit laundry
  • Ask for pricing
    Verified Listing

    Pittsfield Apartments

    4.0 (97)
    55 East Washington St, Chicago, IL 60602
    Pet friendly • In unit laundry • Hardwood Floors
  • Ask for pricing
    Verified Listing

    529 Michigan

    4.0 (6)
    529-35 Michigan, Evanston, IL 606202
    Cat friendly • In unit laundry • Dishwasher
  • Ask for pricing
    Verified Listing

    2008 S. Wabash Ave

    2008 S Wabash Ave, Chicago, IL 60616
    Cat friendly • Parking • Air conditioner
  • 1-24-nhood

Frequently asked questions

What is the average size of a cheap apartment in Chicago Loop, Chicago, IL?

The average Chicago Loop, Chicago, IL cheap apartment size is 729 sq. ft.

What are the advantages of renting a cheap apartment in Chicago Loop, Chicago, IL?

Cheap apartments in Chicago Loop, Chicago, IL are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Chicago Loop, Chicago, IL?

A cheap apartment in Chicago Loop, Chicago, IL offers little storage space and fewer amenities compared to other apartments.

Looking for a cheap apartment for rent in Chicago Loop, Chicago, IL? With RentCafe, finding an affordable apartment in Chicago Loop has never been easier. We feature 131 low-priced rentals directly from property managers, with rents lower than the Chicago Loop, Chicago, IL average, which is currently $2,998. On RentCafe, Chicago Loop rents go as low as $903/mo.