The Loop Hotel Guide - Cheap Hotels in The Loop, Chicago

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Our top choices for The Loop cheap hotels

Hampton Inn Majestic Chicago Theatre District

Hampton Inn Majestic Chicago Theatre District
3.0 star property
Downtown Chicago
9.0 out of 10, Wonderful, (1002)
"Absolutely ideal location in the heart of the Theater district, free breakfast, and comfortable beds at a great price"
United States
Charles
The price is €97
includes taxes & fees
13 Jan - 14 Jan 2026
Hampton Inn Majestic Chicago Theatre District

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, (2172)
"Everything from the room stay to the staff service and the cleanliness of the hotel excellent"
United States
Melanie
The price is €81
includes taxes & fees
6 Jan - 7 Jan 2026
Homewood Suites by Hilton Chicago Downtown South Loop

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, (2023)
"Great stay"
United States
Kramer
The price is €81
includes taxes & fees
13 Jan - 14 Jan 2026
Club Quarters Hotel Wacker at Michigan, Chicago

River Hotel

River Hotel
4.0 star property
Downtown Chicago
8.8 out of 10, Excellent, (4870)
"Clean friendly hotel "
United States
maria
The price is €81
includes taxes & fees
13 Jan - 14 Jan 2026
River Hotel

Hilton Garden Inn Chicago Central Loop

Hilton Garden Inn Chicago Central Loop
3.0 star property
Downtown Chicago
9.2 out of 10, Wonderful, (1276)
"Great location!"
United States
WINDALEE
The price is €102
includes taxes & fees
11 Jan - 12 Jan 2026
Hilton Garden Inn Chicago Central Loop

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, (1050)
"I loved their breakfast!"
United States
Skarleth
The price is €77
includes taxes & fees
4 Jan - 5 Jan 2026
Hampton Inn Chicago Downtown/N Loop/Michigan Ave

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, (2644)
"Very nice staff, good breakfast options, and comfy room."
United States
Chelsea
The price is €99
includes taxes & fees
11 Jan - 12 Jan 2026
La Quinta Inn & Suites by Wyndham Chicago Downtown

Club Quarters Hotel, Central Loop, Chicago

Club Quarters Hotel, Central Loop, Chicago
4.0 star property
Downtown Chicago
8.8 out of 10, Excellent, (3340)
"Great hotel "
United States
Anthony
The price is €81
includes taxes & fees
13 Jan - 14 Jan 2026
Club Quarters Hotel, Central Loop, Chicago

Best Western Grant Park Hotel

Best Western Grant Park Hotel
2.5 star property
Downtown Chicago
8.2 out of 10, Very good, (2666)
"Great staff & Great location. "
United States
Gabrielle
The price is €72
includes taxes & fees
5 Jan - 6 Jan 2026
Best Western Grant Park Hotel

Sports Illustrated Resorts Chicago

Sports Illustrated Resorts Chicago
4.5 star property
Downtown Chicago
9.2 out of 10, Wonderful, (1412)
"Staff was wonderful."
United States
Jamie
The price is €152
includes taxes & fees
11 Jan - 12 Jan 2026
Sports Illustrated Resorts 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.

Find out more about The Loop

Discover cheap things to do in The Loop

The Loop neighbourhood in Chicago is a paradise of affordable experiences for budget-conscious travellers. Start your adventure at Millennium Park, where you can marvel at the iconic Cloud Gate sculpture, often called "The Bean," and enjoy free concerts and events throughout the summer. Just a short walk away, the Art Institute of Chicago offers free admission on certain days, allowing families to explore world-renowned art collections without breaking the bank. For a taste of local history, visit the Chicago Cultural Center, which hosts free exhibitions and features stunning architecture, including the largest Tiffany glass dome in the world. If you're in the mood for some retail therapy, State Street is home to many shops and offers budget-friendly dining options like deep-dish pizza at Giordano's or a quick bite at Portillo's, where you can indulge in Chicago's famous hot dogs. After a day of exploring, returning to one of the many budget hotels in The Loop, such as the Chicago Athletic Association Hotel, allows you to enjoy unique historical charm blended with modern comforts, ensuring your family feels pampered without overspending. With convenient access to public transport and a vibrant atmosphere, your stay in The Loop is bound to be both enjoyable and wallet-friendly.

Top The Loop Hotel Reviews

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 Maggie Daley 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 Club Quarters Hotel Wacker at Michigan, Chicago 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 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 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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