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Studio Apartments for Rent in South Loop, Chicago, IL - 26 Rentals available

  • Apartment in South Loop
    8 East 9Th Street, Chicago, IL 60605
    $1,563 - $3,030
    • Studio-2 Beds
    • 1-2 Baths
    CH Management Services LLC
    Available Today!
    (833) 225-4920
  • Apartment in South Loop
    2101 S. Michigan Ave, Chicago, IL 60616
    $1,175 - $2,538
    • Studio-3 Beds
    • 1 Bath
    Available Today!
    (312) 326-2701
  • Apartment in South Loop
    1001 South State Street, Chicago, IL 60605
    $1,828 - $4,708
    • Studio-3 Beds
    • 1-3 Baths
    Available Today!
    (833) 862-3211
  • Apartment in South Loop
    801 South Financial Place, Chicago, IL 60605
    $1,799 - $3,931
    • Studio-3 Beds
    • 1-2 Baths
    Available Today!
    (312) 971-9412
  • Apartment in South Loop
    619 S. Lasalle St., Chicago, IL 60605
    $1,735 - $2,525
    • Studio-2 Beds
    • 1-2 Baths
    Available Today!
    (844) 401-7920
  • Apartment in South Loop
    2010 S Wabash Ave, Chicago, IL 60616
    $2,800
    • Studio-4 Beds
    • 1-2 Baths
    Available Today!
    (847) 324-8976
  • Apartment in South Loop
    2036 Michigan, Chicago, IL 60616
    • Studio-3 Beds
    • 1-2 Baths
  • Apartment in South Loop
    2010 S Wabash, Chicago, IL 60616
    • Studio-4 Beds
    • 1-2 Baths
  • Apartment in South Loop
    2036 S Michigan Ave, Chicago, IL 60616
    $1,150 - $2,500
    • Studio-3 Beds
    • 1-2 Baths
    (847) 324-8976
  • Apartment in South Loop
    2 East 8Th St., Chicago, IL 60605
    See current rent specials
    Contact for Pricing
    • Studio-3 Beds
  • Apartment in South Loop
    2101 S Wabash Ave, Chicago, IL 60616
    • Studio-2 Beds

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South Loop, Chicago, IL Demographics

  • Total Population22,425
  • Female 10,870
    Male 11,555
  • Median Age33.6

Average Rent in South Loop, Chicago, IL

  • South Loop, Chicago, IL Average Rental Price, February 2019$2,048/mo

South Loop, Chicago, IL Apartment Rent Ranges

  • $701-$1,0004%
  • $1,001-$1,50022%
  • $1,501-$2,00029%
  • > $2,00045%

South Loop, Chicago, IL Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Feb / 2019
South Loop, Chicago, IL $1,832 $1,894 $1,906 $1,897 $1,954 $1,964 $1,959 $1,960 $2,048
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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South Loop, Chicago, IL Households

  • Total Number of Households10,183
  • Family 4,111
    Non-family 6,072
  • Children 1,624
    No Children 8,559
  • Average People Per Household2.03
  • Median Household Income$92,240
  • Median Housing Costs Per Month$1,913

South Loop, Chicago, IL Education Statistics

  • No High School5%
  • Some High School20%
  • Some College14%
  • Associate Degree4%
  • Bachelor Degree30%
  • Graduate Degree26%

Renting a studio apartment in South Loop, Chicago, IL

Looking to find an efficiency apartment in South Loop, Chicago, IL? You’re not the only one. Studio apartments are one of the most searched types of rental housing in South Loop, Chicago, IL. They give you the advantage of living in a trendy neighborhood close to work, shopping, dining, entertainment and public transportation while keeping your rent expense at a minimum. In South Loop, Chicago, IL you have no less than 11 properties to choose from, offering a total of 26 small apartments. The average rent in South Loop, Chicago, IL is currently $2,434, but if you want to spend as little as possible, affordable single bedroom apartments go for as low as $1,150 per month.

Efficiency apartment vs bachelor flat: which one is right for you?

Cheap studios and efficiency apartments normally have the kitchen in the main room, which is a major discouraging factor for renters… But don’t let this scare you away: there are always some exceptions that prove the rule, and it’s worth locating them in South Loop, Chicago, IL too. Some newer apartment buildings have very spacious floor-plans with layouts that allow you to divide the sleeping and living space for more privacy and comfort. A few design tricks, like a well-placed mirror, a bookshelf divider and functional space-saving furniture can make all the difference. As a benchmark, keep in mind that, in this neighborhood, apartments offer about 1,071 Sqft of living space, on average. Be prepared that bachelor flats with a separate kitchen tend to be a bit more expensive than your average one room apartment. If you plan on cooking and eating in a lot, it may be worth spending the extra dollars per month to have your kitchen separate from your bedroom/living area. It all comes down to finding a studio apartment that fits your lifestyle and your personal preferences.