
Cheap 1 Bedroom Apartments for Rent in Chicago, IL from $640 (1,437 Rentals) Page 13 of 29


7317 S Chappel

9000 S Bishop

7348 S Dr Martin Luther King Jr

Paul G Stewart Center

7940 S Greenwood

4424-4432 N Seeley Ave

7752 S Cornell

Pangea Apartments

7400 S Yates

729 N Central

6618 S Wabash

4052-4058 W Belmont Ave

222 E 109th

1509 E 69th Pl

Woodlawn House Apartments

5705 - 5713 West Catalpa Avenue

5952-58 W Superior

1200-06 W. Altgeld St. / 2500-06 N. Racine Ave

8222 S Ingleside

5454 S Everett

Damen Apartments

7320-7330 N Ridge Ave

4142 N Avers Ave

Sheridan Lake Apartments

Luella Court

Rogers Park

2801-2809 W Lunt Avenue Apartments

9017-9019 S Cottage Grove Ave

600-602 N Lorel Ave

The Columbian

The Bostonian

6031 N Kenmore Ave

3225 W 111th

6351 N Lakewood Ave

Cicero Senior Lofts

Braeden At The Beach

1662 W. Farwell Ave.

The Bell Shore

1145-49 N LeClaire Ave

320 N Mason Ave

1618 W Roscoe St

4327-4333 N Kedvale Ave

Ivy at Harper

5627-5633 N Winthrop Ave

Pine North

5019 W Jackson Blvd

5018 W Jackson

1417 W Sherwin Ave

1810 S Throop St
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.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
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Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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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

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
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
Written by: Robin Stewart
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
Written by: Robin Stewart
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.