
Cheap 1 Bedroom Apartments for Rent in Chicago, IL from $640 (1,443 Rentals) Page 14 of 29


Pine North

1350 W Hood Ave

64th/Kedzie (6401-05)

Ivy at Harper

1618 W Roscoe St

1810 S Throop St

5001 W Adams

Ivy Kenwood

5101 W Monroe

3330 N Lake Shore Dr

4155 N Keystone Ave

1735 W Pratt Blvd

1666 Pratt

1825-1839 W Foster Ave

5200 N Wayne Ave

330 N Pine

Cagan Northwest Chicago Apartments

732 Bittersweet Apartments

Ivy Dickens

5011 W Maypole

1822-38 W 107th St.

5263 W Congress

428-438 W Belden Ave

911 W. Oakdale Ave.

Racine-Waveland

5024 W Quincy

1807 S St Louis

6904 S Cregier Ave

4815 W Monroe

6901 S Merrill

1400 W. Edgewater

1115 S Karlov

3643-3645 N Greenview Ave

The Pershing

8935 S Dauphin Ave

3501 W Adams

Blackstone Court

17-19 N Waller Ave

5012 W Jackson Blvd

723 N Central

7200 Coles

6237-45 Kedzie

2103-23 W. Berwyn Ave.

49th Street Apartments

Ravenswood Apartments

2500-08 W. Pensacola Ave. / 4334-42 N. Campbell Ave

1461-65 W. Byron St.

832 N. Rockwell Ave.

14507 Torrence Avenue
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 | $2,076 | $595 | $9,999 |
| Chicago 1 Bedroom Apartments | $2,466 | $640 | $9,244 |
| Chicago 2 Bedroom Apartments | $3,058 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,719 | $695 | $10,000+ |
| Chicago 4 Bedroom Apartments | $4,368 | $1,025 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,465 | $2,995 | $10,000+ |
| Chicago 6 Bedroom Apartments | $19,276 | $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 $750.
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 $2,330.
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 2,682 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 $461 which is $1,869 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
Written by: Nicole Harms
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
Written by: Robin Stewart
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.