
Cheap 1 Bedroom Apartments for Rent in Chicago, IL from $640 (1,442 Rentals) Page 26 of 29


1573 State

1400 Chicago Ave

450-460 N Austin Blvd

5017 W 14th St

421 South Oak Park Avenue

1677 State

14031 S School

1229 S Harlem Ave

102 Rockford Ave

Country Club View Apartments

Park Lane Apartments

700 North Austin Blvd

3111 S Ridgeland Ave

3522-30 Oak Park Ave

801-811 S Euclid Ave

10918 S Kilpatrick

7195 Barry St

1501-1503 State St

1000 N Austin

Clarence and Van Buren Bldg

514 S Austin

1022 N. Austin

7 Van Buren

Riverwood Apartment Homes

Oak Lawn Apartments

206-214 N Austin Blvd

400 Scoville

Live in Oak Park

The Ridgeland Station

422-426 S Taylor Ave

Wendwood Apartments

4848 W 83rd St

1710-1716 W Touhy Ave

43-63 Forest Ave

North Court

930 N Austin Blvd

1416 Central Ave

Riverwalk Senior Residences

3611 Adams Street

14138 S School

Harvey

308 Elizabeth Street

McLaughlin Apartments

901-911 S Clinton

130 Washington Blvd

Clinton Court

432 S Clinton Ave

921-923 Lake St

Kenton House
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 | $2,085 | $595 | $9,999 |
| Chicago 1 Bedroom Apartments | $2,468 | $640 | $9,244 |
| Chicago 2 Bedroom Apartments | $3,060 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,750 | $695 | $10,000+ |
| Chicago 4 Bedroom Apartments | $4,429 | $1,025 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,475 | $2,995 | $10,000+ |
| Chicago 6 Bedroom Apartments | $19,317 | $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 $2,319.
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 2,858 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 $462 which is $1,857 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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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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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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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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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.