TOP Cheap Hotels in The Loop, Chicago for 2026 - The Loop Cheap Hotels

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Our top choices for The Loop cheap hotels

A marble-floored lobby with double doors and elevators, each marked with a 'CQ' sign.

1. River Hotel

Downtown Chicago

Jillian

includes taxes & fees

24 Nov - 25 Nov

A multi-story hotel with a prominent 'La Quinta' sign, featuring a modern architectural design with large windows and a flat facade.

2. La Quinta Inn & Suites by Wyndham Chicago Downtown

Downtown Chicago

Andres

includes taxes & fees

23 Nov - 24 Nov

A modern interior with a bar area, seating, and decorative wooden panels.

3. Best Western Grant Park Hotel

Downtown Chicago

Michelle

includes taxes & fees

9 Dec - 10 Dec

A couple sitting on a blue couch with a table in front of them, holding drinks and a pizza.

4. Hotel Saint Clair- Magnificent Mile

Downtown Chicago

Eric

includes taxes & fees

9 Dec - 10 Dec

5. The Allegro Royal Sonesta Hotel Chicago Loop

Downtown Chicago

Kiera

includes taxes & fees

22 Nov - 23 Nov

A hotel entrance with a glass door, a sign above the door, and two potted plants on either side.

6. Hampton Inn Majestic Chicago Theatre District

Downtown Chicago

Alicia

includes taxes & fees

23 Nov - 24 Nov

A modern building with a colorful facade and a red circular seating area.

7. citizenM Chicago Downtown

Downtown Chicago

Kristopher Joel

includes taxes & fees

23 Nov - 24 Nov

A modern hotel room with a grey sofa, a desk, and a chair. There are three wall art pieces depicting architectural structures.

8. Hilton Chicago/Magnificent Mile Suites

Downtown Chicago

Melissa

includes taxes & fees

7 Dec - 8 Dec

A spacious lobby with a central sofa, multiple seating areas, and a decorative ceiling.

9. Congress Plaza Hotel

Downtown Chicago

Rafael

includes taxes & fees

22 Nov - 23 Nov

A hotel with a prominent 'HOTEL FELIX' sign, surrounded by tall buildings and a tree-lined street.

10. Hotel Felix River North/Magnificent Mile

Downtown Chicago

Mirza

includes taxes & fees

8 Dec - 9 Dec

View all properties

Compare popular hotels in The Loop

Property	Property class	Guest rating
River Hotel	4.0 star property	8.8 Excellent 5,607 reviews	View
La Quinta Inn & Suites by Wyndham Chicago Downtown	3.0 star property	8.4 Very good 2,954 reviews	View
ACME Hotel Chicago, Outset Collection by Hilton	3.5 star property	9.0 Wonderful 1,964 reviews	View
DoubleTree by Hilton Chicago - Magnificent Mile	4.0 star property	8.8 Excellent 2,588 reviews	View
Best Western Grant Park Hotel	2.5 star property	8.2 Very good 2,748 reviews	View

Top The Loop Hotel Reviews

citizenM Chicago Downtown

Downtown Chicago

10/10 Excellent

Rebecca

A spacious lobby with a long bar area, red curtains, and a patterned carpet.

Canopy by Hilton Chicago Central Loop

Downtown Chicago

10/10 Excellent

Vickie

A hotel room with a sofa, a small table, and a view of the cityscape through large windows.

Fairfield Inn & Suites Chicago Downtown/River North

Downtown Chicago

10/10 Excellent

Mandar

A modern hotel lobby with round tables, blue upholstered chairs, and large windows offering a view of the outdoors.

Hampton Inn Chicago-O'Hare International Airport

Schiller Park

10/10 Excellent

Carole

A grand hotel facade with classical architecture, featuring tall columns, ornate detailing, and a prominent entrance with a marquee.

Hyatt House Chicago Medical/University District

Near West Side

10/10 Excellent

Brian

A modern dining area with a large table, chairs, and a coffee station.

avid hotel Chicago O’Hare – Des Plaines by IHG

Des Plaines

10/10 Excellent

Denis

A modern building with a black facade and multiple windows. There is a sign for Hilton Garden Inn and a flagpole with flags.

Hilton Garden Inn Chicago Downtown Riverwalk

Downtown Chicago

10/10 Excellent

Olufemi

A balcony with outdoor seating, overlooking a busy street with cars and buildings.

Ohio House Motel

Downtown Chicago

10/10 Excellent

stephen

A grand staircase in a hotel lobby with marble walls, a patterned carpet, and seating areas with blue and brown upholstered chairs.

Club Quarters Hotel Wacker at Michigan, Chicago

Downtown Chicago

10/10 Excellent

James

A building with a sign reading "111" and "III West Adams Street" indicating a pub and restaurant.

Club Quarters Hotel, Central Loop, Chicago

Downtown Chicago

10/10 Excellent

Simon

A modern living room with a round dining table, black chairs, a sofa, and a coffee table.

The RIVVY, Chicago Downtown, a Tribute Portfolio Hotel

Downtown Chicago

10/10 Excellent

Eamonn

Find out more about The Loop

Discover cheap things to do in The Loop

The Loop neighborhood offers a wealth of experiences for budget-conscious travellers eager to explore the city without breaking the bank. Start your day with a stroll through the vibrant public square, where you can enjoy free outdoor art installations and live performances that showcase local talent. For a dose of culture, visit the nearby art gallery that frequently hosts free exhibitions, allowing you to immerse yourself in the local art scene. Don’t miss the stunning public park that features beautifully landscaped gardens and walking paths, perfect for a leisurely afternoon picnic. As evening falls, take a free guided walking tour that reveals the neighborhood's rich history, from its iconic architecture to fascinating anecdotes about its past. Finally, indulge your taste buds at the variety of food trucks that line the streets, offering delicious and affordable bites that highlight the diverse culinary landscape of the area. Staying at budget-friendly hotels in The Loop means you can easily access all these attractions while enjoying comfortable accommodations that cater to your needs, ensuring a hassle-free and enjoyable stay.

Frequently Asked Questions

What is The Loop like for travellers on a budget?

The Loop offers cheap accommodation options and a range of things to see and do, making it a budget-friendly holiday choice. In addition to its well-known attractions such as Michigan Avenue and Lake Michigan, this destination is home to Millennium Park and Grant Park, which you can enjoy while spending very little.

What's the best place to stay on a budget in The Loop?

Based on reviews, River Hotel is a popular hotel for our travellers who want a more economical choice, and features free Wi-Fi and air conditioning. Other good choices for your budget-friendly stay include Congress Plaza Hotel and Club Quarters Hotel, Central Loop, Chicago.

How many budget hotels can I expect to find in The Loop?

Expedia has 14 hotels in The Loop that are ideal if you are watching your pennies.

What is there to see and do in The Loop?

The Loop attracts visitors with its top museums and acclaimed art galleries, and offers plenty to see and do without spending a fortune. You can budget for the popular local attractions that are highest on your list, such as Navy Pier and Soldier Field, and choose other low-cost activities to fill your itinerary. Explore and snap photos of landmarks like Chicago Cultural Center and Rookery, or pay a visit to Chicago Board of Trade Building.

How can I get to The Loop and get around on a budget?

Scoping out the transportation options in The Loop is a smart way to keep your trip affordable. The most convenient airport is Chicago Midway Airport (MDW), situated 8.8 mi (14.1 km) away. However, if that doesn't suit your budget, you can arrange flights in and out of Chicago O'Hare International Airport (ORD), which is 15.6 mi (25.1 km) away. Take advantage of metro transport at Washington Station, Lake Station and State Station.

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Find Cheap Hotels in The Loop, Chicago

Change your mind

Treat yourself

Be picky

Check prices for these dates

Our top choices for The Loop cheap hotels

1. River Hotel

2. La Quinta Inn & Suites by Wyndham Chicago Downtown

3. Best Western Grant Park Hotel

4. Hotel Saint Clair- Magnificent Mile

5. The Allegro Royal Sonesta Hotel Chicago Loop

6. Hampton Inn Majestic Chicago Theatre District

7. citizenM Chicago Downtown

8. Hilton Chicago/Magnificent Mile Suites

9. Congress Plaza Hotel

10. Hotel Felix River North/Magnificent Mile

Compare popular hotels in The Loop

Top The Loop Hotel Reviews

citizenM Chicago Downtown

10/10 Excellent

Find out more about The Loop

Discover cheap things to do in The Loop

Frequently Asked Questions

What is The Loop like for travellers on a budget?

What's the best place to stay on a budget in The Loop?

How many budget hotels can I expect to find in The Loop?

What is there to see and do in The Loop?

How can I get to The Loop and get around on a budget?

Explore a world of travel with Expedia