Note: Properties with the Total Monthly Price badge include all required fees. Tap the badge for more details.
-

Bedrooms

Bathrooms

Deals & Discount Filters
All Filters

Deals & Discounts

Price Range

–

Beds & Baths

Beds

Baths

Home Type

Pet Policy

Interior & Community Amenities

Speciality Housing

Keyword Search

Cheap Apartments for Rent in South Loop

1,782 Rentals
.
  5. Building Photo - Prairie Shores
    $671 Off
    Price Drop. $671 Off
    |
    STUDIO
    $1,167+
    1 BED
    $1,429+
    2 BEDS
    $1,741+
    3 BEDS
    $2,466+

    Prairie Shores

    2937 South King Dr, Chicago, IL 60616
    (708) 613-8721
  8. Building Photo - 2605 S Indiana Ave
    STUDIO, 1 BATH
    $1,300
    Total Monthly Price Total Monthly Price New
    Base Rent$1,300
    Required Monthly FeesNone
    Total Monthly Price$1,300

    2605 S Indiana Ave Unit 206

    2605 S Indiana Ave, Chicago, IL 60616
    Apply
  9. Building Photo - Eden Commons
    $259 Off
    Price Drop. $259 Off
    STUDIO
    $1,332+
    1 BED
    $1,604+
    2 BEDS
    $1,794+
    3 BEDS
    $1,912+

    Eden Commons

    2701 S Indiana Ave, Chicago, IL 60616
    (708) 797-6288
  11. Building Photo - Straits Row
    Discounts
    Discounts
    STUDIO
    $2,216+
    2 BEDS
    $1,867+
    3 BEDS
    $1,717+
    4 BEDS
    $1,499+

    Straits Row

    633 S La Salle St, Chicago, IL 60605
    (872) 266-7622
  19. Building Photo - Imprint
    Exceptional Value
    STUDIO
    $1,998+
    1 BED
    $2,937+
    2 BEDS
    $3,612+
    3 BEDS
    $6,944+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,851 - $12,944
    Required Monthly Fees$130 - $240
    Utilities & EssentialsVaries
    Total Monthly Price$1,998 - $9,157

    Imprint

    717 S Clark St, Chicago, IL 60605
    (708) 775-2205
  21. Building Photo - Coeval
    $430 Off
    Price Drop. $430 Off
    STUDIO
    $2,020+
    1 BED
    $2,239+
    2 BEDS
    $3,008+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,890 - $5,443
    Required Monthly Fees$130 - $185
    Utilities & EssentialsVaries
    Total Monthly Price$2,020 - $5,628

    Coeval

    51 E 14th St, Chicago, IL 60605
    (708) 775-2117
  22. Building Photo - 1400 Wabash
    Good Value
    STUDIO
    $2,038+
    1 BED
    $2,158+
    2 BEDS
    $2,841+
    3 BEDS
    $5,282+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,908 - $7,368
    Required Monthly Fees$130 - $200
    Utilities & EssentialsVaries
    Total Monthly Price$2,038 - $7,568

    1400 Wabash

    1400 S Wabash Ave, Chicago, IL 60605
    (708) 934-0377
  23. Building Photo - 330 S. Wells St
    Exceptional Value
    STUDIO
    $1,945+
    1 BED
    $2,200+

    330 S. Wells St

    330 S Wells St, Chicago, IL 60606
  27. Building Photo - 30 East
    Rent Special
    Rent Special
    2 BEDS
    $2,060+
    3 BEDS
    $2,020+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,020 - $2,080
    Utilities & EssentialsVaries
    Total Monthly Price$2,020 - $2,080

    30 East

    30 E Balbo Ave, Chicago, IL 60605
  28. Building Photo - 630 S Clark St
    STUDIO, 1 BATH
    $2,000
    Total Monthly Price Total Monthly Price New
    Base Rent$2,000
    Required Monthly FeesNone
    Total Monthly Price$2,000

    630 S Clark St Unit 3711

    630 S Clark St, Chicago, IL 60605
  29. Building Photo - 1845 S Michigan Ave
    2 BEDS, 1 BATH
    $2,000
    Total Monthly Price Total Monthly Price New
    Base Rent$2,000
    Required Monthly FeesNone
    Total Monthly Price$2,000

    1845 S Michigan Ave Unit 01204

    1845 S Michigan Ave, Chicago, IL 60616
  31. Building Photo - Neveseno
    1 BED
    $2,165+
    2 BEDS
    $3,160+
    3 BEDS
    $7,130+
    4 BEDS
    $8,655+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,010 - $8,500
    Required Monthly Fees$155 - $240
    Utilities & EssentialsVaries
    Total Monthly Price$2,165 - $8,740

    Neveseno

    1717 S Michigan Ave, Chicago, IL 60616
    (872) 268-6928
  34. Building Photo - 1400 S Michigan Ave
    STUDIO, 1 BATH
    $2,050
    Total Monthly Price Total Monthly Price New
    Base Rent$2,050
    Required Monthly FeesNone
    Total Monthly Price$2,050

    1400 S Michigan Ave Unit 27G

    1400 S Michigan Ave, Chicago, IL 60605
  37. Building Photo - 765 W 15th St
    1 BED, 1 BATH
    $2,100
    Total Monthly Price Total Monthly Price New
    Base Rent$2,100
    Required Monthly FeesNone
    Total Monthly Price$2,100

    765 W 15th St Unit 209

    765 W 15th St, Chicago, IL 60607
  38. Building Photo - 888 S Michigan Ave
    1 BED, 1 BATH
    $2,100
    Total Monthly Price Total Monthly Price New
    Base Rent$2,100
    Required Monthly FeesNone
    Total Monthly Price$2,100

    888 S Michigan Ave Unit 502

    888 S Michigan Ave, Chicago, IL 60605
  39. Building Photo - 1322 S Wabash Ave
    1 BED, 1 BATH
    $2,100+
    2 BEDS, 1 BATH
    $3,300+
    3 BEDS, 1 BATH
    $4,500+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,100 - $4,500
    Required Monthly FeesNone
    Total Monthly Price$2,100 - $4,500

    1322 S Wabash Ave

    1322 S Wabash Ave, Chicago, IL 60605
  41. Building Photo - ELEVEN THIRTY
    Rent Special
    Rent Special
    STUDIO
    $2,110+
    1 BED
    $2,383+
    2 BEDS
    $3,920+

    ELEVEN THIRTY

    1130 S Michigan Ave, Chicago, IL 60605
Showing 42 of 293 results, Page 1 of 7

Chicago at a Glance

Average Rent

N/A
(All bedrooms and property types)
0

School Rating

out of 10 Rating
Learn more about
Schools in Chicago

Cheap Apartments in South Loop Neighborhood in Chicago, IL

When looking for cheap apartments in South 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 South 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 293 cheap apartments available in South Loop, Apartment Finder is the place to find your next rental.

Top Budget-Friendly Neighborhoods in Chicago

(For 1 bedroom apartments)

Education

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

tooltips


I would like to...
0 out of 400 characters
By clicking above, you agree we may pass along your info so this property or the property’s affiliates can email, call, text, or autodial you to follow up and for any purpose. You also agree to... By clicking above, you agree we may pass along your info so this property or the property’s affiliates can email, call, text, or autodial you to follow up and for any purpose. You also agree to Apartmentfinder.com’s Privacy Statement and Terms of Service. Consent is not a condition for services. Message and data rates may apply. Read More Read Less

Submitting Request

Thank You

Your email has been sent.

Learn about our ratings.