
1 Bedroom Apartments for Rent in Chicago, IL Under $5,500 (2,749 Rentals) Page 2 of 55


Maynard At Elaine Place

2545 W Fitch

1100 North Lasalle

Two West Delaware

West77 Apartments

North Water Apartments

Total Monthly Price
AMLI River North

Echelon Chicago

Fisher Building Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

14 West Elm Apartments

626 on the Park

Randolph Tower City Apartments

Inside Info Fremont

Cascade

5252

Upshore Residences

Noca Blu Apartment Homes

Arrive Michigan Avenue

Park View Apartments
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!

Lawrence Lofts

The Edison

Midpointe

Abbott Square

6930-6942 S Crandon Ave

Prairie Shores

ONE333

The Evergreen Lofts

The Station Lofts

868 N. Wells
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.

The Elizabeth Chicago

Total Monthly Price
1400 Wabash

920 N Wells

The Dylan Chicago

Total Monthly Price
One Six Six

The Row Fulton Market

Panorama

Total Monthly Price
Imprint

Total Monthly Price
Coeval

The Mason
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

Total Monthly Price
Catalyst

4611 South Drexel Blvd

Cobbler Square Lofts

Total Monthly Price
The Van Buren

Total Monthly Price
Elevate Lincoln Park

Beachside Apartments

One Bennett Park

Luxe Logan Square

Total Monthly Price
1225 Old Town

The Nest at Lincoln Park West
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $2,031 | $595 | $5,465 |
| Chicago 1 Bedroom Apartments | $2,476 | $640 | $9,987 |
| Chicago 2 Bedroom Apartments | $3,061 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,778 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $4,062 | $924 | $10,000+ |
| Chicago 5 Bedroom Apartments | $7,612 | $1,995 | $10,000+ |
| Chicago 6 Bedroom Apartments | $7,668 | $6,700 | $10,000+ |
Explore Chicago
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 Westhaven Park II - C listed at $754.
How much is the average rent for a 1 Bedroom Chicago Apartment?
The average rent for a 1 Bedroom Apartment in Chicago is $2,476.
What is the largest available 1 Bedroom Chicago Apartment for rent?
Today's apartment with the most square footage in Chicago is a 1,381 square feet unit starting from $9,987 at The Parker Fulton Market.
What is the average size for Chicago 1 Bedroom Apartments for rent?
The average size for a 1 Bedroom rental in Chicago is currently 973 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

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.