
1 Bedroom Apartments for Rent in Chicago, IL Under $5,500 (2,748 Rentals) Page 4 of 55


Total Monthly Price
The Cooper

Total Monthly Price
465 North Park

Aberdeen East

Total Monthly Price
727 West Madison

River City Apartments

The Elle Apartments

The Hudson

Aurelien

1000 South Clark

Lincoln Park Plaza

The Deco North Lake Shore

Total Monthly Price
1133 N. Dearborn

534 W. Wellington Ave

6900 S South Shore Drive

Gateway West Loop

3450 N. Lake Shore Drive

The Montrose

Belmont Tower Apartments

Chestnut Place

Mondial River West

Total Monthly Price
Env Chicago

Webster House

40 East Oak

Alta

Sheridan-Gunnison Apartments

Grace Street Towers

Scio at the Medical District

Columbus Plaza

Park Dearborn

Dearborn North

Total Monthly Price
1120 N. LaSalle

Times Square Apartments

Wyndham Apartments

Total Monthly Price
750 N. Rush

8524-8532 W Gregory St

The Vivian

Marina City

Museum Walk Apartments

5401 Cornell by 3L Living

5540 Hyde Park by 3L Living

111 Point

Arthur on Aberdeen

Foundry

505 W Melrose Street

5139 N Broadway St

6 Corners Lofts

Total Monthly Price
Union West

817 W Lakeside Place

Millennium on LaSalle
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 | $2,033 | $595 | $5,483 |
| Chicago 1 Bedroom Apartments | $2,476 | $640 | $9,987 |
| Chicago 2 Bedroom Apartments | $3,063 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,757 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,994 | $924 | $10,000+ |
| Chicago 5 Bedroom Apartments | $7,544 | $1,995 | $10,000+ |
| Chicago 6 Bedroom Apartments | $7,666 | $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 995 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.