
Cheap 1 Bedroom Apartments for Rent in Chicago, IL from $640 (1,442 Rentals) Page 27 of 29


1530 N 1st Ave

2631 West 123rd Street

908-910 S Lombard

1475 State St

421 S Harvey Ave

1035-1045 Washington Blvd

1630 Central St

820 Judson Ave

1852 Gunderson NEW

1501 Harlem Ave

440 N Austin Blvd

6520 Windsor Avenue

900 S Cuyler Ave

The Fladler Building

10921-10923 S Keating Ave

1419 Washington St

12548 S Ashland Ave

8309 Keating Ave

1303 Maple

316-24 Lake St

Lyons

458-466 Washington Blvd

300 Madison St

817 S 19th

Baldwin Apartments

Harrison & Lyman

2115 S 4th

Forest Park Apartments Bldg 1

Heritage Manor Apartments

9625-9633 Ridgeland Ave

3108 Saint Charles Rd

8519 West Grand Avenue

860 Hinman

Harrison West

1010 S 2nd

824 - 830 Washington St.

401-403 Washington Blvd.

Raintree Apartments

1376-1384 Brown St

2110 S 5th

7858 S Natoma Ave

Elmwood Towers

Royal Arms Apartments

1013 S Harlem Ave

Elmcrest Apartments

Mills Park Tower

1233 Chicago Ave

944-964 S. Oak Park Avenue

Broadview Apartments
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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
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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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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First Apartment Regrets: Real Renters Share What They'd Do Differently
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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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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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.