
1 Bedroom Apartments for Rent in Chicago, IL Under $1,500 (1,176 Rentals)


Post Chicago

Lake Meadows Apartments

Drexel Grand

Lawrence Lofts

2545 W Fitch

6930-6942 S Crandon Ave

Midpointe

Abbott Square - 8143

Lakeside Apartments
The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

6900 S South Shore Drive

5401 Cornell by 3L Living

The Pavilion Apartments

5540 Hyde Park by 3L Living

The Sovereign

7251 At Waters Edge

1628 Sherwin

2358 E 70th Pl

Prairie CoLiving

7320 S Phillips Ave
Exploring Rental Options: Apartments, Townhomes, and Lofts—Oh My!
Looking for the perfect rental? From apartments and condos to lofts and single family rentals, explore the unique pros and cons of each rental type to help you land in your perfect new place.

Total Monthly Price
1633 E 74th St

7940 S Greenwood

5901 S Michigan

Dakin Court - 910 W Dakin St

Violet Coliving

The Draper

Academy at Drexel

1931 E 71st

7110 S Ridgeland

Lakeside Grant Manor
Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

Addams 2.0

Lake Grove Village

Washington Plaza

3957 W Irving Park Rd

7609 S Coles

8100 S Drexel

Shorewind Apartments

11111 S Vernon

The Townhouse Apartments

7701 S Stewart
Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

7715 S South Shore

South Shore Beach Apartments

5836 W Madison

8201 S Ada St

808 W 76th

The Boulevard at OC Living

Bryn Mawr Belle Shore

Total Monthly Price
5054-5058 N Ridgeway Ave

7300 Venture Apartments

7849-7853 S Coles Ave
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.
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 | $2,086 | $600 | $10,000+ |
| Chicago 1 Bedroom Apartments | $2,492 | $800 | $9,999 |
| Chicago 2 Bedroom Apartments | $3,058 | $850 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,685 | $695 | $10,000+ |
| Chicago 4 Bedroom Apartments | $4,101 | $1,025 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,233 | $750 | $10,000+ |
| Chicago 6 Bedroom Apartments | $12,294 | $1,795 | $10,000+ |
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Chicago, IL Local Guide
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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Chicago, IL Rentals by Map
See the most popular apartments and homes in Chicago, IL
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 1 Bedroom Chicago Apartments
What is the Cheapest apartment in Chicago with 1 Bedroom?
Currently the most affordable 1 Bedroom in Chicago is at West Haven Park II - B listed at $660.
How much is the average rent for a 1 Bedroom Chicago Apartment?
The average rent for a 1 Bedroom Apartment in Chicago is $2,492.
What is the largest available 1 Bedroom Chicago Apartment for rent?
Today's apartment with the most square footage in Chicago is a 1,800 square feet unit starting from $2,400 at 2939 W Belmont Ave.
What is the average size for Chicago 1 Bedroom Apartments for rent?
The average size for a 1 Bedroom rental in Chicago is currently 735 sq ft.
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
Written by: Nicole Harms
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
Written by: Nicole Harms
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
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

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.