I would avoid lofts unless you have a few non-negotiables: dogs, modern finishes, air conditioning.

If you can live without the above, you will probably find a better living situation at a lower cost. A lot of the housing stock here is mutlifamily, which means you could share 0 walls vs several paper thin walls in a loft and a loud hallway. Worse yet, the big management companies are likely to calculate a "market rate" rent adjustment on renewal since you're just another rando to the management office.