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Cheap Apartments for Rent in South Loop, Chicago, IL

Cheap Apartments for Rent in South Loop, Chicago, IL. 86 Rentals Available
86 Rentals Available
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Apartments Under $100 Apartments Under $1,200 Apartments Under $1,500 Apartments Under $1,600 Apartments Under $1,700 Apartments Under $1,800

Apartments Under $100

  • an apartment building on the corner of a street
    Only 2 units left
    Studio $75
    1 bd $1,000
    2 bd $1,200
    Base rent
    Verified Listing

    3.0 (2)
    1306-1310 W 78Th St, Chciago, IL 60620
    Apply online

Apartments Under $1,200

  • A modern living room with a long table and chairs.
    Rent specials 23 units available
    Studio $1,154+
    1 bd $1,649+
    2 bd $1,585+
    Base rent
    Verified Listing

    2937 S. King Drive, Chicago, IL 60616
    Apply online • Pet friendly

Apartments Under $1,500

  • A kitchen with wooden cabinets and a black stove top oven.
    2 bd $1,400
    Base rent
    Verified Listing

    2131 West 24Th Street, Chicago, IL 60608
  • a living room with a mirror and a wood floor
    Rent specials Only 2 units left
    Studio $1,440+
    1 bd $1,749+
    Base rent
    Verified Listing

    3.5 (12)
    660 - 678 N. Dearborn St., Chicago, IL 60654
    Apply online • Cat friendly

Apartments Under $1,600

  • a kitchen with white cabinets and a stainless steel refrigerator
    1 bd $1,500
    Base rent
    Verified Listing

    4.5 (5)
    529-35 Michigan, Evanston, IL 606202
    Apply online • Cat friendly
  • a living room with a couch and a table
    Ask for pricing
    Verified Listing

    3.0 (3)
    30 E. Roosevelt Rd, Chicago, IL 60605
    Apply online • Pet friendly
  • a living room with a couch and a table and chairs
    7 units available
    Studio $1,595
    1 bd $2,195
    2 bd $2,495
    Base rent
    Verified Listing

    4.0 (95)
    55 East Washington St, Chicago, IL 60602
    Apply online • Pet friendly

Apartments Under $1,700

  • A logo for Green Street Property Management.
    Only 1 unit left
    2 bd $1,600
    3 bd $2,095
    4 bd $2,700
    Base rent
    Verified Listing

    1630 W Cermak Rd, CHICAGO, IL 60608
    Apply online • Pet friendly
  • the living room of an apartment with a couch and a table
    Rent specials New units available
    Studio $1,661+
    1 bd $1,963+
    2 bd $3,271+
    Total monthly cost
    Verified Listing

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

Apartments Under $1,800

  • a living room with a couch and a coffee table and large windows
    Rent specials
    Studio $1,735+
    2 bd $2,885
    Total monthly cost
    Verified Listing

    3.5 (10)
    63 E Lake Street, Chicago, IL 60601
    Apply online • Pet friendly
  • a living room with a gray couch and a mirror
    Studio $1,771
    1 bd $1,915
    Base rent
    Verified Listing

    1461 S Blue Island Ave, Chicago, IL 60608
    Pet friendly
  • A modern living room with a grey couch and a coffee table.
    Rent specials New units available
    Studio $1,823+
    1 bd $2,489+
    2 bd $3,310+
    Base rent
    Verified Listing

    4.0 (7)
    320 W Illinois St, Chicago, IL 60654
    Apply online • Pet friendly
  • A living room with a grey sofa, a round orange cushion, a round wooden table with a chair and a rug with a chevron pattern.
    Rent specials New units available
    Studio $1,836+
    1 bd $2,100+
    2 bd $3,062+
    Base rent
    Verified Listing

    4.0 (60)
    1212 S Michigan Ave, Chicago, IL 60605
    Apply online • Pet friendly
  • a living room with a blue couch and chairs and a table
    Rent specials New units available
    Studio $1,880
    1 bd $2,105+
    2 bd $2,730+
    Base rent
    Verified Listing

    4.0 (36)
    2 East 8Th St., Chicago, IL 60605
    Apply online • Pet friendly
  • a living room with a view of the city and a blue couch and chair
    New units available 6 units available
    Studio $1,959+
    1 bd $2,400+
    2 bd $3,578+
    Base rent
    Verified Listing

    4.5 (15)
    1140 S Wabash Ave, Chicago, IL 60605
    Apply online • Pet friendly
  • A living room with a white couch and a coffee table.
    Rent specials New units available
    Studio $1,995+
    1 bd $2,430+
    Base rent
    Verified Listing

    441 E. Erie St., Chicago, IL 60611
    Apply online • Pet friendly

  • More Rentals Near South Loop, Chicago, IL

  • a living room and kitchen with a couch and a table
    Rent specials New units available
    Studio $2,179+
    1 bd $2,512+
    2 bd $3,872+
    Total monthly cost
    Verified Listing

    4.0 (23)
    1130 South Michigan Avenue, CHICAGO, IL 60605
    Apply online • Pet friendly
  • a living room with blue walls and a couch and chairs
    Rent specials
    1 bd $2,200
    2 bd $3,000
    Base rent
    Verified Listing

    3.5 (5)
    2101 S Wabash Ave, Chicago, IL 60616
    Apply online • Pet friendly
  • a living room with a couch and a tv
    New units available
    Studio $2,209+
    1 bd $2,323+
    2 bd $3,236+
    Base rent
    Verified Listing

    4.5 (34)
    901 South Ashland Avenue, Chicago, IL 60607
    Apply online • Pet friendly
  • A living room with a large window, a white sofa, a white chair, a wooden coffee table, and a painting on the wall.
    Rent specials New units available
    Studio $2,559+
    1 bd $3,412+
    2 bd $5,078+
    Base rent
    Verified Listing

    868 N. Wells Street, Chicago, IL 60610
    Apply online • Pet friendly
  • a living room with a fireplace and a wooden floor
    Only 2 units left
    2 bd $3,495+
    Base rent
    Verified Listing

    4.0 (1)
    10 W Chestnut St, Chicago, IL 60610
    Apply online • Cat friendly
  • an open kitchen with a fireplace and wooden floors
    Ask for pricing
    Verified Listing

    2008 S Wabash Ave, Chicago, IL 60616
    Cat friendly
  • a car parked in front of a brick building
    Ask for pricing
    Verified Listing

    3.5 (31)
    3859 South Vincennes Avenue, Chicago, IL 60653
    Apply online • Pet friendly
  • a car parked in front of a brick building
    New units available
    Ask for pricing
    Verified Listing

    3.0 (34)
    3859 South Vincennes Avenue, Chicago, IL 60653
    Apply online • Pet friendly
  • a rendering of a new apartment building on a city street
    Ask for pricing
    Verified Listing

    3.5 (24)
    3859 South Vincennes Avenue, Chicago, IL 60653
    Apply online • Pet friendly
5-20-nhood

Frequently asked questions

What is the price of a cheap apartment in South Loop, Chicago, IL?

The price range of a cheap apartment is between $1,880 and $5,405.

How many cheap rentals are available in South Loop, Chicago, IL on RentCafe?

There are 12 cheap rentals available on RentCafe. Prices and availability in South Loop, Chicago, IL were last updated on 8 Jun 2026.

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

The average South Loop, Chicago, IL cheap apartment size is 580 sq. ft.

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

Cheap apartments in South 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 South Loop, Chicago, IL?

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