
Cheap Apartments for Rent in South Loop
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STUDIO$1,799+2 BEDS$999+3 BEDS$999+
Student | The Flats East West
829 S Wabash Ave, Chicago, IL 60605 -
4 BEDS$1,019
2423 State Street
2423 S State St, Chicago, IL 60616 -
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|STUDIO$1,086+1 BED$1,455+2 BEDS$1,870+3 BEDS$2,887+
Prairie Shores
2937 South King Dr, Chicago, IL 60616 -
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1 Month Free
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Call for Rent
1251 S Michigan - Senior Living
1251 S Michigan Ave, Chicago, IL 60605 -
Good ValueSTUDIO$1,268+1 BED$1,465+2 BEDS$1,698+3 BEDS$1,863+
Eden Commons
2701 S Indiana Ave, Chicago, IL 60616 -
STUDIO$2,472+1 BED$2,549+2 BEDS$1,441+3 BEDS$1,359+
Buckingham
59 E Van Buren St, Chicago, IL 60605 -
Exceptional Value
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1 BED, 1 BATH$1,400
Fabulous 1 Bedroom Condo
235 W Van Buren St, Chicago, IL 60607 -
STUDIO, 1 BATH$1,425
640 S Federal St
640 S Federal St, Chicago, IL 60605 -
2 BEDS, 1 BATH$1,500
712 W 17th St Unit 3
712 W 17th St, Chicago, IL 60616 -
STUDIO, 1 BATH$1,500
0 bedroom in Chicago IL 60605 Unit 904
431 S Dearborn St, Chicago, IL 60605 -
1 BED, 1 BATH$1,525
1312 S Wabash Ave
1312 S Wabash Ave, Chicago, IL 60605 -
STUDIO, 1 BATH$1,595
Studio, 1 bath Condo - 780 S Federal St
780 S Federal St, Chicago, IL 60605 -
Exceptional Value|STUDIO$1,625+1 BED$1,715+2 BEDS$2,300+3 BEDS$3,350+
Fisher Building Apartments
343 S Dearborn St, Chicago, IL 60604 -
1 BED, 1 BATH$1,625
30 E Roosevelt Rd
30 E Roosevelt Rd, Chicago, IL 60605 -
Exceptional Value
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STUDIO, 1 BATH$1,650+1 BED, 1 BATH$2,325+2 BEDS, 1 BATH$3,361+
720 S Clark St
720 S Clark St, Chicago, IL 60605 -
Good Value
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Exceptional Value|STUDIO$2,175+2 BEDS$1,935+3 BEDS$1,899+4 BEDS$1,699+
Straits Row
633 S La Salle St, Chicago, IL 60605 -
STUDIO$1,700+1 BED$1,850+2 BEDS$2,100+
30 East Roosevelt
30 E Roosevelt Rd, Chicago, IL 60605 -
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STUDIO, 1 BATH$1,700
680 S Federal St Unit 804
680 S Federal St, Chicago, IL 60605 -
STUDIO, 1 BATH$1,700+1 BED, 1 BATH$2,200+
1133 S Wabash Ave
1133 S Wabash Ave, Chicago, IL 60605 -
Exceptional Value
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STUDIO$1,709+1 BED$2,089+2 BEDS$2,349+
820 Michigan by 3L Living
820 S Michigan Ave, Chicago, IL 60605 -
Rent SpecialCall for Rent
Student | ARC
407 S Dearborn St, Chicago, IL 60605 -
Rent SpecialSTUDIO, 1 BATH$1,717+1 BED, 1 BATH$2,095+2 BEDS, 1 BATH$2,690+
1111 S Wabash Ave
1111 S Wabash Ave, Chicago, IL 60605 -
STUDIO, 1 BATH$1,720
1200 S Michigan Ave
1200 S Michigan Ave, Chicago, IL 60605 -
Exceptional Value
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Exceptional Value|STUDIO$1,735+1 BED$1,925+2 BEDS$2,647+
Park Michigan - 1212 S Michigan Ave
1212 S Michigan Ave, Chicago, IL 60605 -
Price Drop. $4315 OffSTUDIO$1,735+1 BED$2,265+2 BEDS$3,579+
The Elle Apartments
801 S Financial Pl, Chicago, IL 60605 -
Rent SpecialSTUDIO, 1 BATH$1,780+1 BED, 1 BATH$2,275+2 BEDS, 1 BATH$2,935+
1160 S Michigan Ave
1160 S Michigan Ave, Chicago, IL 60605 -
Good ValueSTUDIO$1,795+1 BED$2,210+
330 S. Wells St
330 S Wells St, Chicago, IL 60606 -
1 BED, 1 BATH$1,795
1351 S Halsted St
1351 S Halsted St, Chicago, IL 60607 -
3 BEDS, 2 BATHS$1,800
2003 S Wells St Unit 1
2003 S Wells St, Chicago, IL 60616 -
STUDIO$1,809+1 BED$2,351+2 BEDS$3,319+3 BEDS$4,265+
AMLI 900
900 S Clark St, Chicago, IL 60605 -
Good ValueSTUDIO$1,817+1 BED$1,937+2 BEDS$2,614+3 BEDS$4,525+
1400 Wabash
1400 S Wabash Ave, Chicago, IL 60605 -
STUDIO, 1 BATH$1,820
630 S Clark St Unit 3711
630 S Clark St, Chicago, IL 60605
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 479 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
- Far North Chicago 684 Sq Ft $1,801/mo
- Edgewater 704 Sq Ft $1,917/mo
- South Lakefront 662 Sq Ft $2,041/mo
- Northwest Chicago 745 Sq Ft $2,187/mo
- Uptown Chicago 744 Sq Ft $2,210/mo
- Lakeview 736 Sq Ft $2,212/mo
- North Lakefront 742 Sq Ft $2,634/mo
- Lincoln Park 726 Sq Ft $2,730/mo
- Chicago Loop 748 Sq Ft $2,882/mo
- South Loop 743 Sq Ft $2,947/mo
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About Our Deals
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.