Cheap Apartments for Rent in Chicago Loop
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STUDIO$2,622+1 BED$2,699+2 BEDS$1,359+3 BEDS$999+ -
STUDIO$1,595+2 BEDS$2,295+3 BEDS$2,995+Pittsfield Apartments
55 E Washington St, Chicago, IL 60602 -
STUDIO, 1 BATH$1,670188 N Wells St Unit SI FL3-ID1236
188 N Wells St, Chicago, IL 60606 -
Exceptional Value|STUDIO$1,715+1 BED$2,110+2 BEDS$2,565+
MDA Apartments
63 E Lake St, Chicago, IL 60601 -
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Total Monthly Price Total Monthly Price New1 BED, 1 BATH$1,900Base Rent$1,900Required Monthly FeesNoneTotal Monthly Price$1,9008 W Monroe St Unit 810
8 W Monroe St, Chicago, IL 60603 -
1 BED, 1 BATH$1,910188 N Wells St Unit SI FL2-ID1232
188 N Wells St, Chicago, IL 60606 -
STUDIO$1,933+1 BED$2,714+3 BEDS$6,127+The Grand Central
221 W Harrison St, Chicago, IL 60607 -
STUDIO$1,940+1 BED$2,305+2 BEDS$3,225+The Alfred
30 E Adams St, Chicago, IL 60603 -
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Total Monthly Price Total Monthly Price NewSTUDIO, 1 BATH$1,950Base Rent$1,950Required Monthly FeesNoneTotal Monthly Price$1,950300 N State St Unit # 02504
300 N State St, Chicago, IL 60654 -
Exceptional Value|STUDIO$2,005+1 BED$1,980+2 BEDS$2,460+3 BEDS$3,350+
Fisher Building Apartments
343 S Dearborn St, Chicago, IL 60604 -
1 BED, 1 BATH$2,000188 N Wells St Unit SI FL2-ID1235
188 N Wells St, Chicago, IL 60606 -
Total Monthly Price Total Monthly Price NewSTUDIO, 1 BATH$2,000Base Rent$2,000 - $2,200Required Monthly FeesNoneTotal Monthly Price$2,000 - $2,200130 N Garland Ct
130 N Garland Ct, Chicago, IL 60602 -
1 BED, 1 BATH$2,000431 S Dearborn St
431 S Dearborn St, Chicago, IL 60605 -
STUDIO$2,065+1 BED$2,045+320 N. Michigan
320 N Michigan Ave, Chicago, IL 60601 -
STUDIO$2,050+1 BED$2,195+330 S. Wells St
330 S Wells St, Chicago, IL 60606 -
1 BED, 1 BATH$2,06028 E Adams St
28 E Adams St, Chicago, IL 60603 -
1 BED$2,062+3 BEDS$5,175+215 W Washington
212-220 W Washington St, Chicago, IL 60606 -
STUDIO$2,078+2 BEDS$4,036+Millennium on LaSalle
29 S La Salle St, Chicago, IL 60603 -
1 BED, 1 BATH$2,090188 N Wells St Unit SI FL3-ID1238
188 N Wells St, Chicago, IL 60606 -
1 BED, 1 BATH$2,100208 W Washington St Unit 1503
208 W Washington St, Chicago, IL 60606 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$2,100Base Rent$2,100Required Monthly FeesNoneTotal Monthly Price$2,100208 W Washington St Unit 1503
208 W Washington St, Chicago, IL 60606 -
Total Monthly Price Total Monthly Price NewSTUDIO, 1 BATH$2,100Base Rent$2,100Required Monthly FeesNoneTotal Monthly Price$2,100216 N Wells St Unit 1402
216 N Wells St, Chicago, IL 60606 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$2,100Base Rent$2,100Required Monthly FeesNoneTotal Monthly Price$2,100200 N Dearborn St Unit 04503
200 N Dearborn St, Chicago, IL 60601 -
1 BED, 1 BATH$2,110343 S Dearborn St Unit SI FL12-ID710
343 S Dearborn St, Chicago, IL 60604 -
Rent Special|Total Monthly Price Total Monthly Price NewSTUDIO$2,310+1 BED$2,796+2 BEDS$4,324+Base Rent$2,140 - $4,154Required Monthly Fees$170 - $195Utilities & EssentialsVariesTotal Monthly Price$2,310 - $4,349
Lake and Wells
210 N Wells St, Chicago, IL 60606 -
STUDIO, 1 BATH$2,140343 S Dearborn St Unit SI FL18-ID300
343 S Dearborn St, Chicago, IL 60604 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$2,150Base Rent$2,150Required Monthly FeesNoneTotal Monthly Price$2,15020 N State St Unit 1139
20 N State St, Chicago, IL 60602 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$2,150+2 BEDS, 1 BATH$2,600+Base Rent$2,150 - $2,600Required Monthly FeesNoneTotal Monthly Price$2,150 - $2,600235 W Van Buren St
235 W Van Buren St, Chicago, IL 60607 -
STUDIO$2,161+1 BED$2,518+2 BEDS$3,631+3 BEDS$5,850+215 West Apartments
215 W Washington St, Chicago, IL 60606 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$2,200Base Rent$2,200Required Monthly FeesNoneTotal Monthly Price$2,200300 N State St Unit 04330
300 N State St, Chicago, IL 60654 -
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|STUDIO$2,269+1 BED$2,718+2 BEDS$3,939+3 BEDS$6,370+
Marquee at Block 37
25 W Randolph St, Chicago, IL 60601 -
Total Monthly Price Total Monthly Price NewSTUDIO$2,425+1 BED$2,465+2 BEDS$4,185+Base Rent$2,280 - $7,333Required Monthly Fees$145 - $195Utilities & EssentialsVariesTotal Monthly Price$2,425 - $7,528MILA
201 N Garland Ct, Chicago, IL 60601 -
Total Monthly Price Total Monthly Price NewSTUDIO, 1 BATH$2,285+1 BED, 1 BATH$2,310+2 BEDS, 1 BATH$3,770+Base Rent$2,285 - $3,770Required Monthly FeesNoneTotal Monthly Price$2,285 - $3,770222 W Randolph St
222 W Randolph St, Chicago, IL 60606 -
1 BED, 1 BATH$2,295235 W Van Buren St
235 W Van Buren St, Chicago, IL 60607 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$2,300Base Rent$2,300Required Monthly FeesNoneTotal Monthly Price$2,300300 N State St Unit 3909
300 N State St, Chicago, IL 60654 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$2,300Base Rent$2,300Required Monthly FeesNoneTotal Monthly Price$2,30022 N State St Unit 43c
22 N State St, Chicago, IL 60602 -
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1 BED, 1 BATH$2,360215 W Lake St Unit SI FL7-ID1331
215 W Lake St, Chicago, IL 60606 -
1 BED, 1 BATH$2,400188 N Wells St Unit SI FL3-ID1240
188 N Wells St, Chicago, IL 60606
Chicago at a Glance
Cheap Apartments in Chicago Loop Neighborhood in Chicago, IL
When looking for cheap apartments in Chicago Loop, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Chicago Loop.
Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.
Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 163 cheap apartments available in Chicago Loop, Apartment Finder is the place to find your next rental.
Top Budget-Friendly Neighborhoods in Chicago
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Marynook 590 Sq Ft $959/mo
- Calumet Heights 597 Sq Ft $969/mo
- Burnside 650 Sq Ft $985/mo
- Avalon Park 600 Sq Ft $998/mo
- East Chatham 611 Sq Ft $1,001/mo
- Grand Crossing 581 Sq Ft $1,002/mo
- Far South Chicago 607 Sq Ft $1,006/mo
- Dauphin Park 681 Sq Ft $1,009/mo
- Auburn Highlands 607 Sq Ft $1,014/mo
- Chatham 628 Sq Ft $1,018/mo
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Apartment Finder utilizes the industry's largest and most complete database of real-time rents and availabilities to help you find an amazing deal on your next rental.
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"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
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Note: Based on community-supplied data and independent market research. Subject to change without notice.