Cheap Apartments for Rent in South Loop
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Price Drop. $257 Off
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1 BED, 1 BATH$1,600
1212 S Michigan Ave Unit FL9-ID1115
1212 S Michigan Ave, Chicago, IL 60605 -
1 BED, 1 BATH$1,690
1407 S Michigan Ave Unit FL10-ID858
1407 S Michigan Ave, Chicago, IL 60605 -
1 BED, 1 BATH$1,375
345 E Eastgate Pl Unit 404
345 E Eastgate Pl, Chicago, IL 60616 -
1 BED, 1 BATH$1,625
30 E Roosevelt Rd
30 E Roosevelt Rd, Chicago, IL 60605 -
2 BEDS, 1 BATH$1,975
2113 S State St
2113 S State St, Chicago, IL 60616 -
2 BEDS, 1 BATH$1,995
30 E Roosevelt Rd
30 E Roosevelt Rd, Chicago, IL 60605 -
1 BED, 1 BATH$1,725
1312 S Wabash Ave
1312 S Wabash Ave, Chicago, IL 60605 -
1 BED, 1 BATH$1,700
1620 S Michigan Ave Unit 1016
1620 S Michigan Ave, Chicago, IL 60616 -
2 BEDS, 1.5 BATHS$1,840
240 W 24th St Unit Coach House
240 W 24th St, Chicago, IL 60616 -
2 BEDS, 1 BATH$1,350
2247 S Wentworth Ave Unit 2D
2247 S Wentworth Ave, Chicago, IL 60616 -
2 BEDS, 1 BATH$1,600
148-4148 W Cermak Rd Unit I
148-4148 W Cermak Rd, Chicago, IL 60616
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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 20 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 671 Sq Ft $1,787/mo
- South Lakefront 647 Sq Ft $1,831/mo
- Edgewater 669 Sq Ft $1,883/mo
- Northwest Chicago 722 Sq Ft $2,161/mo
- Uptown Chicago 672 Sq Ft $2,165/mo
- Lakeview 722 Sq Ft $2,180/mo
- North Lakefront 726 Sq Ft $2,608/mo
- Lincoln Park 728 Sq Ft $2,710/mo
- Chicago Loop 750 Sq Ft $2,814/mo
- South Loop 739 Sq Ft $2,867/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.