
Cheap 1 Bedroom Apartments for Rent in Chicago, IL from $640 (1,437 Rentals) Page 12 of 29


Kimball 5324 N

10206 S Walden Pky

2614 W Marquette Rd

7800 S Colfax Ave

7701 S Eggelston St

4441-4455 N Damen Ave

8514 S Crandon

1717 W 77th

10201 S St Lawrence

7055 S St Lawrence

6401 S California

6022 S Indiana Ave

1042 N Leamington

7657 S East End Ave

Hilliard Towers Family II

11143-11145 S King Dr

7549 S Yates

7151 S Indiana Ave

7800 S Bishop St

6832 S Crandon

6705 S Michigan

8231 S Ellis

7800 S South Shore Dr

7105-7111 South Champlain Avenue/635-643 East 71st Street

2128 N. Whipple St.

7920 S Evans

7953 S Wolcott Ave

7948 S Greenwood

234 E 109th

4956 S Prairie Ave

5007 W Jackson Blvd

7031 S Chappel

7719 S Yates

5957 W Madison

8000 S Paulina

Lunt Apartments

4915 S Drexel Apartments

9400 S Laflin St

929-935 W Sunnyside Ave

Ivy at Carlson

Levy House

Oakley Apartments

2417 N Monticello Ave

George Commons

Chicago Apartments

6923 S Indiana

Cornell Arms Apartments

Drexel Investments, LLC

1530-1542 N Kedzie Ave
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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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.