
Cheap 1 Bedroom Apartments for Rent in Chicago, IL from $450 (1,344 Rentals) Page 25 of 27


206-214 N Austin Blvd

The Ridgeland Station

422-426 S Taylor Ave

Wendwood Apartments

43-63 Forest Ave

1710-1716 W Touhy Ave

4848 W 83rd St

Parkside Apartments

North Court

930 N Austin Blvd

1416 Central Ave

Riverwalk Senior Residences

14538 S Cottage Grove

14138 S School St

Harvey

308 Elizabeth St

130 Washington Blvd

Clinton Court

432 S Clinton Ave

1530 N 1st Ave

McLaughlin Apartments

901-911 S Clinton

921-923 Lake St

Kenton House

908-910 S Lombard

1475 State St

421 S Harvey Ave

Maywood Apartments

1035-1045 Washington Blvd

1630 Central St

1501 Harlem Ave

900 S Cuyler Ave

820 Judson Ave

440 N Austin Blvd

8309 Keating Ave

1303 Maple

Lyons

Somerset Park II

8519 Grand Ave

316-24 Lake St

The Fladler Building

10921-10923 S Keating Ave

1419 Washington St

12548 S Ashland Ave

458-466 Washington Blvd

300 Madison St

1530-1532 N. Austin Blvd.

Baldwin Apartments

425-431 N. Humphrey Ave.
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 | $1,927 | $575 | $6,715 |
| Chicago 1 Bedroom Apartments | $2,453 | $450 | $10,000+ |
| Chicago 2 Bedroom Apartments | $3,025 | $650 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,791 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,109 | $879 | $10,000+ |
| Chicago 5 Bedroom Apartments | $8,620 | $1,950 | $10,000+ |
| Chicago 6 Bedroom Apartments | $12,547 | $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 $715.
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 $7,522.
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 5,679 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 $493 which is $7,029 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.