Cheap 1 Bedroom Apartments for Rent in Chicago, IL from $640 (1,443 Rentals) Page 21 of 29

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Pershing Place
1 Bedroom Apartments

Pershing Place

624 E Pershing RdChicago, IL 60653
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434 W Roscoe St
1 Bedroom Apartments

434 W Roscoe St

434 W Roscoe StChicago, IL 60657
  • Utilities Included
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Fullerton Lofts
1 Bedroom Apartments

Fullerton Lofts

1509-1513 W Fullerton AveChicago, IL 60614
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1033 W Loyola
1 Bedroom Apartments

1033 W Loyola

1033 W Loyola AveChicago, IL 60626
Student Housing
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5044 N Wolcott Ave
1 Bedroom Apartments

5044 N Wolcott Ave

5044 N Wolcott AveChicago, IL 60640
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1837 W. Patterson
1 Bedroom Apartments

1837 W. Patterson

1837-1839 W Patterson AveChicago, IL 60613
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420 W. Surf
1 Bedroom Apartments

420 W. Surf

420 W Surf StChicago, IL 60657
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2772 N Lincoln Ave
1 Bedroom Apartments

2772 N Lincoln Ave

2772 N Lincoln AveChicago, IL 60614
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The Jonquil Terrace
1 Bedroom Apartments

The Jonquil Terrace

1649-1655 Jonquil TerChicago, IL 60626
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The Chase Court
1 Bedroom Apartments

The Chase Court

1627 W Chase AveChicago, IL 60626
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1737 W Erie St
1 Bedroom Apartments

1737 W Erie St

1737 W Erie StChicago, IL 60622
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1845 N Honore St
1 Bedroom Apartments

1845 N Honore St

1845 N Honore StChicago, IL 60622
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Lexington 90
1 Bedroom Apartments

Lexington 90

1409 W Lexington StChicago, IL 60607
property at 5700 W 35th St

$1,000 - $1,150

1 Bedroom Rentals

Available Now

5700 W 35th St

CiceroIL60804
property at 5104 W 18th St

$1,050 - $1,125

1 Bedroom Rentals

Available Now

5104 W 18th St

CiceroIL60804
property at 1122 N 32nd Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

1122 N 32nd Ave

Melrose ParkIL60160

Chicago, IL Area Reviews

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Nicole4+ years in Chicago

April 10, 2026

Big 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

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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.

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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Written by: Nicole Harms

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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Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Written by: Nicole Harms

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.

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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

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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.

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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.

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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.

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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.