Chicago/ Real Estate & Development
Published on May 01, 2020
The cheapest apartments for rent in the Loop, Chicago180 W. Adams St. | Photo: Zumper

Need a budget-friendly new spot? Though apartment hunting can be challenging, don't despair just yet — there are deals to be had. So what does the budget rent on a rental in the Loop look like these days — and what might you get for the price?

According to Walk Score, the neighborhood is extremely walkable, is very bikeable and is a haven for transit riders. It also features median rents for a one bedroom that hover around $2,075, compared to a $1,599 one-bedroom median for Chicago as a whole.

A look at local listings in the Loop via rental sites Zumper and Apartment Guide yields a look at what price-conscious apartment seekers can expect to find in this Chicago neighborhood.

Read on for the cheapest listings available right now. (Note: Prices and availability are subject to change.)

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North Columbus and East Wacker Drives

Photo: Zumper
Photo: Zumper

This one-bedroom, one-bathroom apartment, situated at North Columbus and East Wacker Drives, is listed for $1,540/month.

In the unit, you'll find hardwood flooring. The building offers a gym, a resident lounge, a roof deck and additional storage space. This rental is both cat-friendly and dog-friendly.

(See the complete listing here.)

29 S. La Salle St.

Photo: Apartment Guide
Photo: Apartment Guide

Then there's this 511-square-foot apartment at 29 S. La Salle St., listed at $1,660/month.

You can expect to see a deck and a dishwasher in the apartment. Pet owners, take heed: This rental is both dog-friendly and cat-friendly. Amenities offered in the building include a gym and a swimming pool.

(See the listing here.)

182 W. Lake St.

Photo: Zumper
Photo: Zumper

Check out this studio apartment at 182 W. Lake St., listed at $1,675/month.

When it comes to building amenities, expect a roof deck, a gym, on-site laundry and dry cleaning service. Pets are not welcome.

(Here's the listing.)

180 W. Adams St.

Photo: Zumper
Photo: Zumper

This studio apartment, situated at 180 W. Adams St., is listed for $1,695/month.

The residence has hardwood flooring, in-unit laundry, high ceilings and large windows. Pet owners, inquire elsewhere: This spot doesn't allow cats or dogs.

(See the listing here.)

151 N. Michigan Ave.

Photo: Apartment Guide
Photo: Apartment Guide

Over at 151 N. Michigan Ave., there's this one-bedroom, one-bathroom apartment, going for $1,745/month.

In the unit, expect to find hardwood flooring and a dishwasher. This listing is dog-friendly. Amenities offered in the building include secured entry, garage parking and a gym.

(View the listing here.)


This story was created automatically using local real estate data from Zumper and Apartment Guide, then reviewed by an editor. Click here for more about what we're doing. Additionally, if you’re an agent or a broker, read on for real estate marketing ideas to promote your local listing.

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Chicago-Real Estate & Development