| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chicago Studio Apartments | $1,960 | $575 | $5,225 |
| Chicago 1 Bedroom Apartments | $2,429 | $650 | $10,000+ |
| Chicago 2 Bedroom Apartments | $2,968 | $850 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,691 | $800 | $10,000+ |
| Chicago 4 Bedroom Apartments | $4,000 | $675 | $10,000+ |
| Chicago 5 Bedroom Apartments | $8,217 | $2,400 | $10,000+ |
| Chicago 6 Bedroom Apartments | $20,528 | $6,850 | $10,000+ |
If you’re an expert on all things Chicago, tell us what you love (and don't) by rating it and writing a review.
Write a ReviewA cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chicago is under $700.
The cheapest apartment in Chicago is Coleman Place At Legends South which is listed at $170, while the average apartment in Chicago costs $7,680.
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 5,512 regular apartments in Chicago that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in Chicago have an average cost of $497 which is $7,183 cheaper than the average rent for all rentals in Chicago.
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.
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