
Cheap 1 Bedroom Apartments for Rent in Chicago, IL from $640 (1,449 Rentals) Page 11 of 29


Merrill Court

3600 W Franklin

Island Terrace

7903 S Luella

8000 S Drexel

8901 S Cottage Grove Ave

410 E 107th St

2710 E 83rd St

7601 S Coles

1704 W 77th St

7914 S Kingston

6726 N Glenwood Ave

8308 S Ingleside Ave

1255 W. Bryn Mawr

1456 W Birchwood

4815 N Springfield

2600 W Berwyn Ave

8251 S Ellis

Lake Lane Apartments

Winchester 7363 N

6933 S Indiana

6725 S Campbell Ave

6101 S Oak Park

7301 N Ridge Blvd

4720-4730 W Addison St

3201-3209 N Clark St

2225 E 87th St

7800 S Laflin Street

7901 S Dobson Ave

Brainard Apartments

8155 S Maryland

1734 E 72nd

7624 S Kingston

8552-8554 S Laflin St

2504 W 63rd St

8127 S Ellis

8255 S Maryland

1627 N Humboldt Blvd

4241-4247 N Hermitage Ave

Kenmore Manor Apartments

Linder/Lawrence Apartments

Damen Ave Apartments

6829 S Dr Martin Luther King Jr

1055 W. Catalpa Ave.

5545-5551 N Magnolia Ave

11932 S Stewart

8101 S Drexel

Chase Manor

4854-4856 W Deming Pl
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 | $2,074 | $595 | $9,999 |
| Chicago 1 Bedroom Apartments | $2,460 | $640 | $9,075 |
| Chicago 2 Bedroom Apartments | $3,062 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,703 | $695 | $10,000+ |
| Chicago 4 Bedroom Apartments | $4,298 | $1,025 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,459 | $2,995 | $10,000+ |
| Chicago 6 Bedroom Apartments | $19,285 | $7,000 | $10,000+ |
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Chicago, IL Area Reviews
Nicole • 4+ years in Chicago
April 10, 2026Big city challenges with traffic but also provides the amenities of the city you can't find elsewhere
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 $726.
What is the price of a cheap apartment in Chicago?
The cheapest apartment in Chicago is West Haven Park II - B which is listed at $660, while the average apartment in Chicago costs $2,325.
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 2,762 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 $459 which is $1,866 cheaper than the average rent for all rentals in Chicago.
Expert Rental Resources
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.
Helpful Local Expert Guides

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
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When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
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I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

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Articles, How-To's, and Tips

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.