
Cheap 1 Bedroom Apartments for Rent in Chicago, IL from $450 (1,342 Rentals) Page 16 of 27


Jackson Park Terrace

The Sovereign Apartments

3823-3829 N Fremont St

1337 W Huron

2876-2900 N Clark St

5200-5206 S Harper Ave

Ivy Gayles

2600 N Kimball Ave

10904 S Avenue D

1942 N Whipple St

Buckingham Place

1840-1850 S Fairfield Ave

7117 S Euclid Ave

2800 W Washington Blvd

Ivy Villas

2115-2123 W Farragut Ave

1436-40 W. Thorndale

The Park Terrace

5750 N Sheridan Rd

Argyle Manor

4046 N Laporte Ave

6254 N Claremont St

1257 W Lunt Ave

2132-2138 N Campbell Ave

2616 N. Hampden Court

Fountainbleau-Cambridge

5820 N Sheridan Rd

6541-6553 N Francisco Ave

Sheridan Beach Apartments

GreenGlen Park

Winthrop 6000

549 W. Aldine

Ivy at Shelbyrne

The Elevation Lofts

1735-1743 W Bryn Mawr Ave

The Birchmont

663 W Melrose St

Ivy Hastings

5336-5338 S. Hyde Park Boulevard

Montclare Senior Residences

6540 N. Ashland

6710 N Sheridan

1638 W. Chase

Bell Lawrence

6600 Ashland

Paulina Building

Ivy at Mason

3749 W Grace St

1417 W Cullerton 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 | $1,924 | $208 | $6,511 |
| Chicago 1 Bedroom Apartments | $2,451 | $450 | $10,000+ |
| Chicago 2 Bedroom Apartments | $3,022 | $650 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,815 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,116 | $879 | $10,000+ |
| Chicago 5 Bedroom Apartments | $8,429 | $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.