Find Cheap Hotels in The Loop, Chicago

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Check prices for these dates

Tonight
13 Nov - 14 Nov
Tomorrow
14 Nov - 15 Nov
This weekend
13 Nov - 15 Nov
Next weekend
20 Nov - 22 Nov

Our top choices for The Loop cheap hotels

A grand lobby with a marble staircase, plush seating, and a large painting on the wall.

1. River Hotel

River Hotel
4.0 star property
Downtown Chicago
8.8 out of 10, Excellent, (5,608 reviews)
"Great location and lovely staff"
United States
Jillian
The price is £92
includes taxes & fees
24 Nov - 25 Nov
River Hotel
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

La Quinta Inn & Suites by Wyndham Chicago Downtown
3.0 star property
Downtown Chicago
8.4 out of 10, Very good, (2,954 reviews)
"Overall a great stay. It was clean and we had a comfortable place to stay."
United States
Andres
The price is £102
includes taxes & fees
23 Nov - 24 Nov
La Quinta Inn & Suites by Wyndham Chicago Downtown
A restaurant interior with round tables and chairs, a bamboo-themed wall mural, and wall-mounted lighting fixtures.

3. Best Western Grant Park Hotel

Best Western Grant Park Hotel
2.5 star property
Downtown Chicago
8.2 out of 10, Very good, (2,748 reviews)
"Room was dated but clean, staff was friendly, location was perfect for my needs"
United States
Michelle
The price is £77
includes taxes & fees
9 Dec - 10 Dec
Best Western Grant Park Hotel
A modern restaurant interior with a bar area, seating, and a wooden table.

4. Hotel Saint Clair- Magnificent Mile

Hotel Saint Clair- Magnificent Mile
4.0 star property
Downtown Chicago
8.6 out of 10, Excellent, (2,412 reviews)
"I really liked the hotel and location"
United States
Eric
The price is £71
includes taxes & fees
9 Dec - 10 Dec
Hotel Saint Clair- Magnificent Mile
A spacious living area with a high ceiling, a central seating area with sofas, a coffee table, and a view of a balcony with red chairs.

5. The Allegro Royal Sonesta Hotel Chicago Loop

The Allegro Royal Sonesta Hotel Chicago Loop
4.0 star property
Downtown Chicago
9.0 out of 10, Wonderful, (3,008 reviews)
"Great hotel"
United States
Kiera
The price is £109
includes taxes & fees
22 Nov - 23 Nov
The Allegro Royal Sonesta Hotel Chicago Loop
The exterior of the Majestic Building with a prominent entrance, a neon sign, and decorative elements.

6. Hampton Inn Majestic Chicago Theatre District

Hampton Inn Majestic Chicago Theatre District
3.0 star property
Downtown Chicago
9.2 out of 10, Wonderful, (1,001 reviews)
"Nice clean hotel with nice breakfast."
United States
Alicia
The price is £102
includes taxes & fees
23 Nov - 24 Nov
Hampton Inn Majestic Chicago Theatre District
A tall, modern skyscraper with a glass facade, surrounded by other high-rise buildings.

7. citizenM Chicago Downtown

citizenM Chicago Downtown
4.0 star property
Downtown Chicago
9.4 out of 10, Exceptional, (4,342 reviews)
"Great hotel"
United States
Kristopher Joel
The price is £104
includes taxes & fees
23 Nov - 24 Nov
citizenM Chicago Downtown
A cityscape at dusk with high-rise buildings, including a Hilton hotel.

8. Hilton Chicago/Magnificent Mile Suites

Hilton Chicago/Magnificent Mile Suites
3.5 star property
Downtown Chicago
9.0 out of 10, Wonderful, (5,065 reviews)
"Great place to stay"
United States
Melissa
The price is £92
includes taxes & fees
7 Dec - 8 Dec
Hilton Chicago/Magnificent Mile Suites
A spacious lobby with a central sofa, multiple seating areas, and a decorative ceiling.

9. Congress Plaza Hotel

Congress Plaza Hotel
3.5 star property
Downtown Chicago
8.0 out of 10, Very good, (10,074 reviews)
"Great stay!"
United States
Rafael
The price is £104
includes taxes & fees
22 Nov - 23 Nov
Congress Plaza Hotel
A hotel with a prominent 'HOTEL FELIX' sign, surrounded by tall buildings and a tree-lined street.

10. Hotel Felix River North/Magnificent Mile

Hotel Felix River North/Magnificent Mile
4.0 star property
Downtown Chicago
8.4 out of 10, Very good, (3,185 reviews)
"Excellent stay, staff was very helpful and friendly."
United States
Mirza
The price is £98
includes taxes & fees
8 Dec - 9 Dec
Hotel Felix River North/Magnificent Mile
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.
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Compare popular hotels in The Loop

Property
Property class
Guest rating
Breakfast included
Pool
Spa
Pet-friendly
WiFi included
A grand lobby with a marble staircase, plush seating, and a large painting on the wall.
River Hotel
4.0 star property
8.8
Excellent
5,608 reviews
View
A multi-story hotel with a prominent 'La Quinta' sign, featuring a modern architectural design with large windows and a flat facade.
La Quinta Inn & Suites by Wyndham Chicago Downtown
3.0 star property
8.4
Very good
2,954 reviews
View
A bar area with a checkered floor, bar stools, and a well-lit sign above the bar.
ACME Hotel Chicago, Outset Collection by Hilton
3.5 star property
9.0
Wonderful
1,964 reviews
View
A swimming pool with lounge chairs and umbrellas, surrounded by tall buildings.
DoubleTree by Hilton Chicago - Magnificent Mile
4.0 star property
8.8
Excellent
2,588 reviews
View
A restaurant interior with round tables and chairs, a bamboo-themed wall mural, and wall-mounted lighting fixtures.
Best Western Grant Park Hotel
2.5 star property
8.2
Very good
2,748 reviews
View

Top The Loop Hotel Reviews

A tall, modern skyscraper with a glass facade, surrounded by other high-rise buildings.
citizenM Chicago Downtown

citizenM Chicago Downtown

citizenM Chicago Downtown
Downtown Chicago

10/10 Excellent

Great and lovely staff really welcoming, room was absolutely spotless no complaints, will be coming again
United Kingdom
Rebecca
Reviewed July 8, 2026
citizenM Chicago Downtown

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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