
Cheap 1 Bedroom Apartments for Rent in Chicago, IL from $640 (1,453 Rentals) Page 28 of 30


2110 S 5th

7858 S Natoma Ave

1013 S Harlem Ave

Elmwood Towers

Royal Arms Apartments

Elmcrest Apartments

Mills Park Tower

Broadview Apartments

1233 Chicago Ave

1334 Woodview Ln

944-964 S. Oak Park Avenue

Liberty Village

1004 S Des Plaines Ave

Broadview Apartments

814-820 S. Austin Blvd.

The Altenheim

Pleasant Home

902-910 N. Austin Blvd. and 4-10 Iowa St.

8-12 Van Buren St. and 336-350 S. Austin Blvd.

1348-1352 N. Austin Blvd. and 7-9 Greenfield St.

10201 Dearlove Rd

Homewood Court Apartments

Des Plaines Apartments

Somerset Park II

Somerset Park I

11055 S Nagle Ave

1660 N 1st Avenue

7244 Randolph St.

425-431 N. Humphrey Ave.

Baldwin Apartments

Oak Lawn Blu

720 Washington

123-129 N. Humphrey Ave. and 38-44 Lake St.

527-533 Des Plaines Ave. and 7624-7626 Wilcox

4916 N Harlem Ave

817 Seward St

941 Chicago Ave

900 S Taylor Ave

2126 Kenilworth Ave

Sure Man, LLC

2101 Wesley Ave

9600 S Komensky Ave

209 S Oak Park Ave

Greenfield Square Apartments

Orion ParkView

405-407 Washington Blvd.

804 Harrison St.

Iowa Terrace

133 Rockford 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 | $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
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.

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

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

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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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

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.

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.

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.

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.