Cheap Apartments for Rent in South Loop
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Exceptional Value
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Good ValueSTUDIO$2,622+1 BED$2,699+2 BEDS$1,359+3 BEDS$999+The Buckingham
59 E Van Buren St, Chicago, IL 60605 -
4 BEDS, 2.5 BATHS$1,0101928 S Young Pkwy Unit A
1928 S Young Pkwy, Chicago, IL 60616 -
Price Drop. $443 Off|STUDIO$1,260+1 BED$1,367+2 BEDS$1,864+
Prairie Shores
2937 South King Dr, Chicago, IL 60616 -
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Exceptional ValueSTUDIO$1,399+1 BED$1,569+
21st Street Lofts by 3L Living
61 E 21st St, Chicago, IL 60616 -
Exceptional Value1 BED$1,460+2 BEDS$1,783+3 BEDS$1,888+4 BEDS$2,251+Eden Commons
2701 S Indiana Ave, Chicago, IL 60616 -
STUDIO, 1 BATH$1,486640 S Federal St Unit 403
640 S Federal St, Chicago, IL 60605 -
Exceptional ValueSTUDIO$2,216+2 BEDS$1,827+3 BEDS$1,717+4 BEDS$1,497+
Straits Row
633 S La Salle St, Chicago, IL 60605 -
Total Monthly Price Total Monthly Price New3 BEDS, 1 BATH$1,590Base Rent$1,590Required Monthly FeesNoneTotal Monthly Price$1,590240 W 24th St Unit 1R
240 W 24th St, Chicago, IL 60616 -
DiscountsSTUDIO$2,299+1 BED$2,599+2 BEDS$3,498+3 BEDS$5,997+
626 on the Park
626 S Wabash Ave, Chicago, IL 60605 -
STUDIO$1,850+2 BEDS$1,645+3 BEDS$1,645+Student | The Flats East West
829 S Wabash Ave, Chicago, IL 60605 -
STUDIO$1,650+1 BED$1,750+2 BEDS$2,100+
30 East Roosevelt
30 E Roosevelt Rd, Chicago, IL 60605 -
Exceptional ValueSTUDIO$1,669+1 BED$2,058+2 BEDS$2,299+
820 Michigan by 3L Living
820 S Michigan Ave, Chicago, IL 60605 -
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Exceptional ValueSTUDIO$1,815+1 BED$2,116+2 BEDS$2,755+2101 Michigan
2101 S Michigan Ave, Chicago, IL 60616 -
Exceptional ValueTotal Monthly Price Total Monthly Price NewSTUDIO$1,971+1 BED$2,797+2 BEDS$3,824+3 BEDS$7,045+Base Rent$1,816 - $13,515Required Monthly Fees$130 - $240Utilities & EssentialsVariesTotal Monthly Price$1,971 - $9,553
Imprint
717 S Clark St, Chicago, IL 60605 -
1 BED, 1 BATH$1,85030 E Roosevelt Rd
30 E Roosevelt Rd, Chicago, IL 60605 -
Exceptional ValueSTUDIO$1,865+1 BED$2,275+330 S. Wells St
330 S Wells St, Chicago, IL 60606 -
Price Drop. $520 OffTotal Monthly Price Total Monthly Price NewSTUDIO$2,016+1 BED$2,091+2 BEDS$3,059+Base Rent$1,886 - $5,059Required Monthly Fees$130 - $185Utilities & EssentialsVariesTotal Monthly Price$2,016 - $5,244
Coeval
51 E 14th St, Chicago, IL 60605 -
1 BED, 1 BATH$1,900899 S Plymouth Ct Unit 1806
899 S Plymouth Ct, Chicago, IL 60605 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$1,900Base Rent$1,900Required Monthly FeesNoneTotal Monthly Price$1,900899 S Plymouth Ct Unit 1806
899 S Plymouth Ct, Chicago, IL 60605 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$1,900Base Rent$1,900 - $2,000Required Monthly FeesNoneTotal Monthly Price$1,900 - $2,000899 S Plymouth Ct
899 S Plymouth Ct, Chicago, IL 60605 -
1 BED, 1 BATH$1,900899 S Plymouth Ct Unit 1806
899 S Plymouth Ct, Chicago, IL 60605 -
Exceptional ValueSTUDIO$1,901+1 BED$2,149+2 BEDS$2,820+Park Michigan - 1212 S Michigan Ave
1212 S Michigan Ave, Chicago, IL 60605 -
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STUDIO$1,922+1 BED$2,339+2 BEDS$4,255+3 BEDS$5,681+1407 on Michigan
1407 S Michigan Ave, Chicago, IL 60605 -
Exceptional Value|STUDIO$2,005+1 BED$1,925+2 BEDS$2,460+3 BEDS$3,350+
Fisher Building Apartments
343 S Dearborn St, Chicago, IL 60604 -
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Good ValueTotal Monthly Price Total Monthly Price NewSTUDIO$2,078+1 BED$2,198+2 BEDS$2,791+3 BEDS$5,037+Base Rent$1,948 - $7,368Required Monthly Fees$130 - $200Utilities & EssentialsVariesTotal Monthly Price$2,078 - $7,568
1400 Wabash
1400 S Wabash Ave, Chicago, IL 60605 -
STUDIO, 1 BATH$1,950899 S Plymouth Ct Unit 2010
899 S Plymouth Ct, Chicago, IL 60605 -
Exceptional Value1 BED$1,959+2 BEDS$2,199+3 BEDS$3,199+
731 Plymouth by 3L Living
731 S Plymouth Ct, Chicago, IL 60605 -
Rent SpecialSTUDIO$1,959+1 BED$2,380+2 BEDS$3,852+ELEVEN THIRTY
1130 S Michigan Ave, Chicago, IL 60605 -
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1 BED, 1 BATH$2,0001338 S Michigan Ave Unit 04
1338 S Michigan Ave, Chicago, IL 60605 -
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Total Monthly Price Total Monthly Price NewSTUDIO, 1 BATH$2,010Base Rent$2,010Required Monthly FeesNoneTotal Monthly Price$2,0101000 S Michigan Ave Unit SI FL25-ID1349
1000 S Michigan Ave, Chicago, IL 60605 -
Total Monthly Price Total Monthly Price New2 BEDS$2,019+3 BEDS$2,020+Base Rent$2,019 - $2,060Utilities & EssentialsVariesTotal Monthly Price$2,019 - $2,06030 East
30 E Balbo Ave, Chicago, IL 60605 -
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Exceptional Value|STUDIO$2,039+1 BED$2,059+2 BEDS$2,799+
Astoria Tower
8 E 9th St, Chicago, IL 60605 -
Exceptional ValueSTUDIO$2,041+1 BED$2,258+2 BEDS$3,136+3 BEDS$4,489+
River City Apartments
800 S Wells St, Chicago, IL 60607
Chicago at a Glance
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 281 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)- Neighborhoods Average Sq Ft Average Rent
- Marquette Park 647 Sq Ft $970/mo
- Far South Chicago 622 Sq Ft $975/mo
- Calumet Heights 610 Sq Ft $981/mo
- Burnside 607 Sq Ft $999/mo
- Avalon Park 591 Sq Ft $1,001/mo
- Grand Crossing 601 Sq Ft $1,003/mo
- Chatham 622 Sq Ft $1,007/mo
- Greater Grand Crossing 611 Sq Ft $1,016/mo
- Gresham 628 Sq Ft $1,028/mo
- Brainerd 664 Sq Ft $1,057/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.
Price Drop
Apartment communities change their rental rates often - sometimes multiple times a day. We track the changes and keep you up to date when a rental rate decreases.
Best Value
"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.
Rent Specials
Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.