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Cheap Apartments for Rent in Chicago Loop, Chicago, IL

153 Rentals Available
Cheap Apartments for Rent in Chicago Loop, Chicago, IL. 153 Rentals Available
Apartments Under $1,000 Apartments Under $1,100 Apartments Under $1,200 Apartments Under $1,400 Apartments Under $1,500 Apartments Under $1,700

Apartments Under $1,000

  • Scattered Sites 2-3 Beds Apartment for Rent
    Today

    Scattered Sites, Chicago, IL 60647
    2 BEDS $951
    3 BEDS $1,189

Apartments Under $1,100

  • 228 W Hill Street Studio-4 Beds Apartment for Rent
    Today

    228 W Hill Street, Chicago, IL 60610
    STUDIO $1,092
    1 BED $2,860+
    2 BEDS $4,064+

Apartments Under $1,200

  • a living room with a view of the city and a couch and chairs
    Today

    202 West Hill Street, Chicago, IL 60610
    STUDIO $2,290+
    1 BED $2,745+
    2 BEDS $1,110
  • a living room with a leather couch and a window
    Today

    4844-46 N. Rockwell / 2604-12 W. Gunnison, Chicago, IL 60625
    STUDIO Ask for Pricing
    1 BED Ask for Pricing

Apartments Under $1,400

  • a living room with a couch and a television
    Today

    14 West Elm Street, Chicago, IL 60610
    STUDIO $1,300+
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • a living room with a white couch and a ceiling fan
    Today

    1140 N Lasalle St, Chicago, IL 60610
    STUDIO $1,385+
    1 BED $1,785+

Apartments Under $1,500

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

    55 East Washington St, Chicago, IL 60602
    STUDIO $1,495
    1 BED Ask for Pricing
    2 BEDS $2,895

Apartments Under $1,700

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

    555 West Madison, Chicago, IL 60661
    STUDIO $1,620+
    1 BED $1,845+
    2 BEDS $2,985+
  • a living room with a couch and a table in front of windows
    Today

    65 East Scott, Chicago, IL 60610
    STUDIO $1,645+
    1 BED $2,095+
    2 BEDS Ask for Pricing
  • a living room with a couch and a table
    Today

    320 W Illinois St., Chicago, IL 60654
    STUDIO $1,675+
    1 BED $2,125+
    2 BEDS $3,625+

  • More Rentals Near Chicago Loop, Chicago, IL

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

    2 East 8Th St., Chicago, IL 60605
    STUDIO $1,705+
    1 BED $1,815+
    2 BEDS $2,480+
  • a living room and kitchen with a couch and a table
    Today

    1130 South Michigan Avenue, CHICAGO, IL 60605
    STUDIO $1,706+
    1 BED $2,197+
    2 BEDS $3,516+
  • a living room with a mirror and a wood floor
    Today

    660 - 678 N. Dearborn St., Chicago, IL 60654
    STUDIO Ask for Pricing
    1 BED $1,741+
    2 BEDS Ask for Pricing

  • More Rentals Near Chicago Loop, Chicago, IL

  • a living room with a couch and a table
    Today

    30 E. Roosevelt Rd, Chicago, IL 60605
    STUDIO $1,750
    1 BED $1,900
    2 BEDS $2,300
  • a living room filled with furniture and a chandelier
    Today

    108 W Chicago Ave, Chicago, IL 60654
    STUDIO $1,757
    1 BED $2,054
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  • a living room with two couches and a tv on the wall
    Today

    330 S Wells St, Chicago, IL 60606
    STUDIO $1,768
    1 BED $2,138
  • the view of the skyline from the rooftop deck of a building with wood
    Today

    730 N Milwaukee, Chicago, IL 60642
    STUDIO $1,795
    1 BED $2,137+
    2 BEDS $4,095
  • a living room with a table and chairs and a large window
    Today

    233 East Wacker Drive, Chicago, IL 60601
    STUDIO $1,804+
    1 BED $1,820+
    2 BEDS $3,347+
  • a living room with a couch and a table and a tv
    Today

    441 E. Erie St., Chicago, IL 60611
    STUDIO $1,820+
    1 BED $2,220+
    2 BEDS $2,770+
  • a living room with a view of the city and a blue couch and chair
    Today

    1140 S Wabash Ave, Chicago, IL 60605
    STUDIO $1,826+
    1 BED $2,338+
    2 BEDS $3,247+
  • a living room with a couch and a table and a large window
    Today

    801 S Financial Pl, Chicago, IL 60605
    STUDIO $1,865+
    1 BED $2,394+
    2 BEDS $3,259+
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  • a living room with couches and a coffee table and a view of the city
    Today

    1044 W Van Buren St., Chicago, IL 60607
    STUDIO $1,941+
    1 BED $2,091+
  • a rendering of a living room with a dining table and a view of the city
    Today

    200 N. Dearborn St., Chicago, IL 60601
    STUDIO Ask for Pricing
    1 BED $2,195+
    2 BEDS $2,950
  • a living room and kitchen with a green couch and blue chairs
    Today

    855 W. Madison St, Chicago, IL 60607
    STUDIO $2,198+
    1 BED $2,715+
    2 BEDS $3,883+
  • a living room with a white couch and a table
    Today

    120 North Green Street, Chicago, IL 60607
    STUDIO Ask for Pricing
    1 BED $3,596
    2 BEDS $3,731+
3-22-nhood
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Getting around in Chicago Loop, IL

99 /100
Walker's Paradise
100 /100
Rider's Paradise
80 /100
Very Bikeable
Walk Score®: 99, Transit Score®: 100, Bike Score®: 80

Frequently asked questions

What is the price of a cheap apartment in Chicago Loop, Chicago, IL?

The price range of a cheap apartment is between $1,807 and $3,550.

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

There are 26 cheap rentals available on RentCafe. Prices and availability in Chicago Loop, Chicago, IL were last updated on 28 Feb 2026.

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

The average Chicago Loop, Chicago, IL cheap apartment size is 468 sq. ft.

What are the advantages of renting a cheap apartment in Chicago Loop, Chicago, IL?

Cheap apartments in Chicago 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 Chicago Loop, Chicago, IL?

A cheap apartment in Chicago Loop, Chicago, IL offers little storage space and fewer amenities compared to other apartments.

Looking for a cheap apartment for rent in Chicago Loop, Chicago, IL? With RentCafe, finding an affordable apartment in Chicago Loop has never been easier. We feature 153 low-priced rentals directly from property managers, with rents lower than the Chicago Loop, Chicago, IL average, which is currently $2,977. On RentCafe, Chicago Loop rents go as low as $951/mo.

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