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Cheap Short Term Lease 1 Bedroom Apartments for Rent in Chicago, IL from $700 (71 Rentals)
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$1,2001 Bedroom Apartments Contact Us For Availability
6011 N Kenmore St
6011 N Kenmore StChicago, IL 60660
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$1,300 - $1,4501 Bedroom Apartments Available Oct 17
Waters Edge
7251 S South Shore DrChicago, IL 60649
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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$1,4501 Bedroom Apartments Available Now
2415-2417 W Birchwood Ave
2415 W Birchwood AveChicago, IL 60645
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$1,4901 Bedroom Apartments Available Jan 4, 2026
2340 N California Ave
2340 N California AveChicago, IL 60647
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$1,4951 Bedroom Apartments Available Oct 18
Woodlawn Terrace
4726-4740 S Woodlawn AveChicago, IL 60615
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$1,500 - $1,8571 Bedroom Apartments Available Now
4180 Marine Terrace Apartments
4180 N Marine DrChicago, IL 60613
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$1,5751 Bedroom Apartments Available Dec 19
3134 N Southport Ave
3134 N Southport AveChicago, IL 60657
1400 W Randolph St
ChicagoIL60607
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$1,600 - $1,7001 Bedroom Apartments Contact Us For Availability
14 West Elm Apartments
14 W Elm StChicago, IL 60610
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When Life Happens: Your Options for Ending a Rental Lease Early
Unexpected life events can force you to break your lease. Learn how to communicate with your landlord, negotiate a solution, and understand your legal options for early termination.
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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1 Bedroom Apartments
2500-08 W. Pensacola Ave. / 4334-42 N. Campbell Ave
2500 W Pensacola AveChicago, IL 60618
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The Freedom of Short-Term Rentals: Exploring the Advantages for Renters
From flexibility to potential costs, explore the key benefits and drawbacks of short-term rental housing from a renter's perspective.
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Chicago, IL Local Guide
How much does it cost to rent an apartment in Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chicago Studio Apartments | $1,870 | $575 | $8,000 |
| Chicago 1 Bedroom Apartments | $2,313 | $700 | $10,000+ |
| Chicago 2 Bedroom Apartments | $2,952 | $825 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,577 | $788 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,767 | $650 | $10,000+ |
| Chicago 5 Bedroom Apartments | $9,492 | $2,700 | $10,000+ |
| Chicago 6 Bedroom Apartments | $17,489 | $1,795 | $10,000+ |
Explore Chicago
Chicago, IL Local Guide
- Chicago Neighborhoods
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Chicago, IL Rentals by Map
See the most popular apartments and homes in Chicago, IL
Getting Around Chicago, IL
Walk Score®
83 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
77 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
66 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Chicago Apartments
What is a cheap apartment in Chicago?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chicago is under $788.
What is the price of a cheap apartment in Chicago?
The cheapest apartment in Chicago is 1155 W 83rd St which is listed at $750, while the average apartment in Chicago costs $6,465.
What types of apartments are the cheapest in Chicago?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2,577 regular apartments in Chicago that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Chicago?
Cheap apartments in Chicago have an average cost of $509 which is $5,956 cheaper than the average rent for all rentals in Chicago.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.