Save This Search

Cheap Apartments for Rent in South Loop, Chicago, IL

120 Rentals Available
Apartments Under $1,000 Apartments Under $1,100 Apartments Under $1,300 Apartments Under $1,400 Apartments Under $1,500 Apartments Under $1,600

Apartments Under $1,000

  • A modern living room with a long table and chairs.
    622
    Today

    2937 S. King Drive, Chicago, IL 60616
    STUDIO $963+
    1 BED $1,213+
    2 BEDS $1,500+

Apartments Under $1,100

  • a small kitchen with a stove and cabinets
    62
    Today

    7636-38 South Peoria Street, Chicago, IL 60620
    1 BED $1,000
    2 BEDS $1,300
    3 BEDS $1,300

Apartments Under $1,300

  • a kitchen with white cabinets and a stainless steel refrigerator
    23
    Today

    529-35 Michigan, Evanston, IL 606202
    1 BED $1,250
    2 BEDS $1,600

Apartments Under $1,400

  • a living room with a mirror and a wood floor
    186
    Today

    660 - 678 N. Dearborn St., Chicago, IL 60654
    STUDIO $1,330+
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing

Apartments Under $1,500

  • a living room with a couch and a table and chairs
    154
    Today

    55 East Washington St, Chicago, IL 60602
    STUDIO $1,450
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing

Apartments Under $1,600

  • 1317 West 18Th Street Studio-2 Beds Apartment for Rent
    Today

    1317 West 18Th Street, Chicago, IL 60608
    STUDIO $3,250
    1 BED $1,500
    2 BEDS $1,600
  • a living room with a couch and a table
    45
    Today

    30 E. Roosevelt Rd, Chicago, IL 60605
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing

  • More Rentals Near South Loop, Chicago, IL

  • the living room of an apartment with a couch and a table
    374
    Today

    555 West Madison, Chicago, IL 60661
    STUDIO $1,580+
    1 BED $1,795+
    2 BEDS $2,775+
  • a living room with a gray couch and a mirror
    33
    Today

    1461 S Blue Island Ave, Chicago, IL 60608
    STUDIO $1,674
    1 BED $1,735
    2 BEDS $3,949
  • a living room and kitchen with a couch and a table
    136
    Today

    1130 South Michigan Avenue, CHICAGO, IL 60605
    STUDIO $1,731+
    1 BED $2,194+
    2 BEDS $3,593+

  • More Rentals Near South Loop, Chicago, IL

  • a living room with a couch and a table and a tv
    134
    Today

    441 E. Erie St., Chicago, IL 60611
    STUDIO $1,765+
    1 BED $2,360+
    2 BEDS $2,800+
  • A modern living room with a grey couch and a coffee table.
    9
    Today

    320 W Illinois St, Chicago, IL 60654
    STUDIO $1,766+
    1 BED $1,994+
    2 BEDS $3,395+
  • a living room filled with furniture and a chandelier
    26
    Today

    108 W Chicago Ave, Chicago, IL 60654
    STUDIO $1,785
    1 BED $2,055
  • Renting has its Rewards
    Start earning points to redeem on travel, experiences, gift cards, live events, and more!
    Earn points for:
    Internet and Entertainment
    Utilities
    Insurance
    Learn more
  • a living room with a couch and a coffee table and large windows
    33
    Today

    63 E Lake Street, Chicago, IL 60601
    STUDIO $1,790
    1 BED $2,220
    2 BEDS $2,905
  • an apartment building with a yard behind a wrought iron fence
    Today

    1234 W Race Ave, Chicago, IL 60642
    STUDIO $1,800
  • a living room with a couch and a table in front of a window
    23
    Today

    730 N Milwaukee, Chicago, IL 60642
    STUDIO $1,945
    1 BED $2,795
  • Kitchen
    7
    Today

    21 E Chestnut St., Chicago, IL 60611
    STUDIO $1,955+
    1 BED $2,400+
  • A living room with a green couch and a large mural on the wall.
    Today

    670 N May St, Chicago, IL 60642
    STUDIO $1,964
    1 BED $2,180
    2 BEDS $2,895
  • a living room with a couch and a table with chairs
    103
    Today

    717 S. Clark St., Chicago, IL 60605
    STUDIO $2,168+
    1 BED Ask for Pricing
    2 BEDS $3,115+
  • Interactive banner rent
    What is your max rent budget?
  • a living room with two chairs and a fireplace
    7
    Today

    221 W Hubbard Street, Chicago, IL 60654
    STUDIO $2,209+
    1 BED $2,855+
    2 BEDS $3,812+
  • an open kitchen with a fireplace and wooden floors
    21
    Today

    2008 S Wabash Ave, Chicago, IL 60616
    3 BEDS Ask for Pricing
  • A modern kitchen with a stainless steel refrigerator and grey cabinets.
    40
    Today

    710 W. 14Th St., Chicago, IL 60607
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • a rendering of a new apartment building on a city street
    376
    Today

    3859 South Vincennes Avenue, Chicago, IL 60653
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • a car parked in front of a brick building
    379
    Today

    3859 South Vincennes Avenue, Chicago, IL 60653
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • a car parked in front of a brick building
    350
    Today

    3859 South Vincennes Avenue, Chicago, IL 60653
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • Interactive banner bedroom
    How many bedrooms are you
    looking for?
2-23-nhood
Nice work, you've checked out every rental here! Expand your search to find your happy place.

Save Search

Getting around in South Loop, IL

88 /100
Very Walkable
82 /100
Excellent Transit
92 /100
Biker's Paradise
Walk Score®: 88, Transit Score®: 82, Bike Score®: 92

Frequently asked questions

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

There are 6 cheap rentals available on RentCafe. Prices and availability in South Loop, Chicago, IL were last updated on 20 Nov 2025.

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

The average South Loop, Chicago, IL cheap apartment size is 807 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.

Looking for a cheap apartment for rent in South Loop, Chicago, IL? With RentCafe, finding an affordable apartment in South Loop has never been easier. We feature 120 low-priced rentals directly from property managers, with rents lower than the South Loop, Chicago, IL average, which is currently $2,733. On RentCafe, South Loop rents go as low as $963/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!