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Apartments in South Loop Under $3,200
333 apartments available in South Loop under $3,200. Median rent $2,630. Live prices and availability.
About South Loop: Skyline towers along the Roosevelt corridor, with Grant Park and Museum Campus to the east. Quieter at street level than the Loop proper but with the same waterfront access. Mix of 2000s-era high-rises and converted printing-house lofts on Printers Row.
$2,630
Median rent
$1,599
Cheapest
Available now
$1,599
Studio · 335sf
820 Michigan #403
South Loop
$1,699
Studio · 376sf
820 Michigan #808
South Loop
$1,725
Studio · 500sf
23rd Place #609
South Loop
$1,725
Studio · 500sf
23rd Place #217
South Loop
$1,889
Studio · 408sf
820 Michigan #907
South Loop
$1,920
Studio
Park Michigan #1205
South Loop
$1,927
Studio
Park Michigan #2509
South Loop
$1,940
Studio
Park Michigan #0605
South Loop
$1,945
Studio
Park Michigan #2605
South Loop
$1,947
Studio
Park Michigan #1309
South Loop
$1,952
Studio
Park Michigan #1507
South Loop
$1,979
Studio · 546sf
Astoria Tower #2308
South Loop
$1,979
Studio · 546sf
Astoria Tower #2008
South Loop
$1,984
Studio
Park Michigan #2703
South Loop
$1,990
-0.5BR · 480sf
777 South State #7771808
South Loop
$1,997
Studio · 401sf
Eleven40 #0711
South Loop
$2,007
Studio · 400sf
Eleven40 #0810
South Loop
$2,027
Studio · 401sf
Eleven40 #1012
South Loop
$2,027
Studio · 400sf
Eleven40 #1013
South Loop
$2,037
Studio · 404sf
Eleven40 #1414
South Loop
$2,045
Studio · 446sf
1407 On Michigan #0712
South Loop
$2,052
Studio
Park Michigan #2807
South Loop
$2,059
Studio · 546sf
Astoria Tower #1608
South Loop
$2,079
1BR · 564sf
820 Michigan #1011
South Loop
$2,079
Studio
Park Michigan #2404
South Loop
$2,079
Studio
Park Michigan #2704
South Loop
$2,082
Studio · 401sf
Eleven40 #1711
South Loop
$2,097
Studio · 404sf
Eleven40 #2014
South Loop
$2,099
Studio · 540sf
Astoria Tower #2907
South Loop
$2,110
1BR · 725sf
777 South State #7770603
South Loop
Top buildings for this search
- Grand Central$2,173–$3,045
- 1001 South State$2,347–$3,067
- 1000M$2,523–$3,118
- Park Michigan$1,920–$3,181
- AMLI Lofts$2,394–$3,110
- NEMA Chicago$2,571–$3,197
- Sentral Michigan Ave$2,335–$3,008
- AMLI 900$2,207–$2,829
Frequently asked
What's the cheapest in South Loop under $3,200 right now?
820 Michigan #403 at $1,599/month, 335 square feet. Located at 820 S Michigan Ave.
How many apartments are available in South Loop under $3,200?
Apartments are currently listed in South Loop under $3,200. Median rent is $2,630.
Which buildings in South Loop offer apartments?
Top buildings by current inventory: Grand Central, 1001 South State, 1000M, Park Michigan, AMLI Lofts.
Is $3,200 a realistic budget for in South Loop?
Yes. The median rent at this size in South Loop is $2,630, so a $3,200 ceiling sits $570 above the median and leaves room to choose.
Compare South Loop to nearby neighborhoods
More in South Loop
Updated September 20, 2026 at 5:58 PM CDT. No paid placement.