
Cheap 1 Bedroom Apartments for Rent in Chicago, IL from $525 (1,337 Rentals) Page 12 of 27


10201 S Saint Lawrence Ave

Ivy at Carlson

7657 S East End Ave

Hilliard Towers Family II

7800 S Bishop St

7151 S Indiana Ave

6832 S Crandon Ave

6705-6707 S Michigan Ave

1704-1710 W 77th St

17-19 N Waller Ave

2128 N. Whipple St.

Chatham Apartments

7249-7253 S Blackstone Ave

7953 S Wolcott Ave

7317 S Chappel Ave

8231-37 S Ellis

4956 S Prairie Ave

4950 S Prairie Ave

7804 S Jeffrey

5007 W Jackson Blvd

Cornell Arms Apartments

Drexel Investments, LLC

8000 S Paulina

7800 S Shore Dr

Austin Apartments

Chicago Apartments

Lunt Apartments

8951 S Ada St

Levy House

9400 S Laflin St

929-935 W Sunnyside Ave

Oakley Apartments

2417 N Monticello Ave

7608 S Saginaw Ave

1530-1542 N Kedzie Ave

2230 S. Kedzie

5100-5104 W Monroe St

Brainard Apartments

Austin Apartments

7930-7940 S Greenwood Ave

Paul G Stewart Center

4424-4432 N Seeley Ave

Pangea Apartments

222 E 109th St

Oak Park Apartments

11143-11145 S King Dr

7549 S Yates Blvd

5018 W Jackson Blvd

3600 W Franklin Blvd
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 | $1,928 | $575 | $6,511 |
| Chicago 1 Bedroom Apartments | $2,459 | $525 | $10,000+ |
| Chicago 2 Bedroom Apartments | $3,037 | $650 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,842 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,123 | $879 | $10,000+ |
| Chicago 5 Bedroom Apartments | $8,590 | $1,950 | $10,000+ |
| Chicago 6 Bedroom Apartments | $16,084 | $850 | $10,000+ |
Explore Chicago
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 $700.
What is the price of a cheap apartment in Chicago?
The cheapest apartment in Chicago is Westhaven Park II - C which is listed at $754, while the average apartment in Chicago costs $7,857.
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 5,583 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 $499 which is $7,358 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

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.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.