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Apartments in South Loop Under $5,000

623 apartments available in South Loop under $5,000. Median rent $2,755. Live prices updated every few hours from the property's own leasing systems.

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.
623
Available
35
Buildings
$2,755
Median rent
$1,700
Cheapest

Available now (30 of 623)

Top buildings for this search

Frequently asked

What's the cheapest in South Loop under $5,000 right now?

23rd Place #616 at $1,700/month, 495 square feet. Located at 2310 S State St.

How many apartments are available in South Loop under $5,000?

623 apartments are currently listed across 35 buildings in South Loop under $5,000. Median rent is $2,755.

Which buildings in South Loop offer apartments?

Top buildings by current inventory: Eleven Thirty, The Elle, AMLI 900, AMLI Lofts, Park Michigan.

Is $5,000 a realistic budget for in South Loop?

Yes. The median rent at this size in South Loop is $2,755, so a $5,000 ceiling sits $2,245 above the median and gives you 623 options.

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More in South Loop

Updated July 27, 2026 at 12:47 AM CDT. Prices, availability, and amenities are pulled from each property's own leasing system and refreshed every few hours. No paid placement.