Find Cheap Hotels in The Loop, IL

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Check availability on The Loop Cheap Hotels

Our top choices for The Loop cheap hotels

Exterior
Hampton Inn Majestic Chicago Theatre District

Hampton Inn Majestic Chicago Theatre District

3.0 star property
Downtown Chicago
9.0 out of 10, Wonderful, (1007)
"We had a nice and quiet stay. "
United States
Floresa May
The price is ₩133,958
₩157,239 total
includes taxes & fees
Jan 5 - Jan 6, 2026
Hampton Inn Majestic Chicago Theatre District
Pool
Homewood Suites by Hilton Chicago Downtown South Loop

Homewood Suites by Hilton Chicago Downtown South Loop

3.0 star property
Downtown Chicago
8.8 out of 10, Excellent, (2130)
"this was the best value and excellent hotel "
United States
Paula
The price is ₩116,332
₩136,562 total
includes taxes & fees
Jan 5 - Jan 6, 2026
Homewood Suites by Hilton Chicago Downtown South Loop
Lobby sitting area
Club Quarters Hotel Wacker at Michigan, Chicago

Club Quarters Hotel Wacker at Michigan, Chicago

4.0 star property
Downtown Chicago
8.8 out of 10, Excellent, (1959)
"A good place for stay "
United States
Julio
The price is ₩119,958
₩140,820 total
includes taxes & fees
Dec 10 - Dec 11
Club Quarters Hotel Wacker at Michigan, Chicago
Reception
River Hotel

River Hotel

4.0 star property
Downtown Chicago
8.8 out of 10, Excellent, (4852)
"Location of the Hotel is very nice and the hotel is very clean."
United States
Khaing
The price is ₩120,198
₩141,101 total
includes taxes & fees
Dec 22 - Dec 23
River Hotel
Garden
Hilton Garden Inn Chicago Central Loop

Hilton Garden Inn Chicago Central Loop

3.0 star property
Downtown Chicago
9.2 out of 10, Wonderful, (1256)
"Great place to stay when you wanna be close to a lot of things to do and visit downtown chicago."
United States
Ryan
The price is ₩135,517
₩159,084 total
includes taxes & fees
Jan 9 - Jan 10, 2026
Hilton Garden Inn Chicago Central Loop
Exterior
Hampton Inn Chicago Downtown/N Loop/Michigan Ave

Hampton Inn Chicago Downtown/N Loop/Michigan Ave

3.0 star property
Downtown Chicago
8.2 out of 10, Very Good, (1035)
"Beautiful historical building"
United States
Amy
The price is ₩125,201
₩146,973 total
includes taxes & fees
Dec 25 - Dec 26
Hampton Inn Chicago Downtown/N Loop/Michigan Ave
Exterior
La Quinta Inn & Suites by Wyndham Chicago Downtown

La Quinta Inn & Suites by Wyndham Chicago Downtown

3.0 star property
Downtown Chicago
8.6 out of 10, Excellent, (2638)
"The hotel was very clean and convenient. I really enjoyed my stay. I would stay there again."
United States
Philip
The price is ₩140,891
₩191,258 total
includes taxes & fees
Dec 23 - Dec 24
La Quinta Inn & Suites by Wyndham Chicago Downtown
Breakfast, lunch and dinner served
Club Quarters Hotel, Central Loop, Chicago

Club Quarters Hotel, Central Loop, Chicago

4.0 star property
Downtown Chicago
8.8 out of 10, Excellent, (3311)
"Great staff, good location, close to transport and attractions"
Australia
Paul
The price is ₩120,110
₩140,997 total
includes taxes & fees
Dec 22 - Dec 23
Club Quarters Hotel, Central Loop, Chicago
Restaurant
Best Western Grant Park Hotel

Best Western Grant Park Hotel

2.5 star property
Downtown Chicago
8.2 out of 10, Very Good, (2641)
"Great staff & Great location. "
United States
Gabrielle
The price is ₩99,881
₩117,250 total
includes taxes & fees
Jan 5 - Jan 6, 2026
Best Western Grant Park Hotel
Rooftop terrace
Virgin Hotels Chicago

Virgin Hotels Chicago

4.5 star property
Downtown Chicago
9.2 out of 10, Wonderful, (1418)
"Excellent hotel the rooms are awesome "
United States
Devita
The price is ₩257,892
₩352,753 total
includes taxes & fees
Dec 11 - Dec 12
Virgin Hotels Chicago
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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Top The Loop Hotel Reviews

The Royal Sonesta Chicago Downtown

The Royal Sonesta Chicago Downtown

10/10 Excellent
"The location, hotel, and views are absolutely fantastic!"
Frederick 1-night trip
Posted 14 hours ago
The Royal Sonesta Chicago Downtown

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Frequently asked questions

What is The Loop like for travelers on a budget?
The Loop offers cheap accommodation options and a variety of places to visit, making it a great getaway spot for budget travelers. In addition to its well-known attractions like Michigan Avenue and Lake Michigan, this destination is home to Millennium Park and Maggie Daley Park, which you can enjoy while spending very little.
What's the best budget-friendly hotel in The Loop?
Based on reviews, citizenM Chicago Downtown is a popular hotel for our travelers who want a more economical choice, and features free WiFi and a bar. Other good choices for your budget-friendly stay include River Hotel and The Allegro Royal Sonesta Hotel Chicago Loop.
How many cheap hotels will I 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 Michigan Avenue and Wrigley 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 nearest airport is 8.8 mi (14.1 km) away from the center in Chicago Midway Airport (MDW). However, if that doesn't suit your budget, you can book a flight to Chicago O'Hare Intl. Airport (ORD), located 15.6 mi (25.1 km) away. You can access metro transit at Washington Station, Lake Station, and State Station.