
Cheap 3 Bedroom Apartments for Rent in Chicago, IL from $850 (209 Rentals)Page 2 of 5


2636 W Cermak Rd, Unit 2

658 E 81st St

7313 S Stewart Ave, Unit 1

915 W 32nd St

726 E 93rd St

Keystone Place Apartments

Lake Grove Village

6157 S Washtenaw Ave

2326 S Ridgeway Ave

7545 S May St

1968 S Trumbull Ave

10121 S State St

8205 S Throop St

8031 S Rhodes Ave

7316 S Emerald Ave, Unit 1

7216 S Langley Ave

5509-5511 S Whipple St

5547 W Congress Pky, Unit 3 Bedroom Apartment

4105 W 21st St

1518 E 72nd St, Unit FLOOR 1

8036 S Kingston Ave

1744 E 84th Pl, Unit 2

7301 S Green St

3457 S Prairie Ave, Unit 3

5223 S Drexel Ave, Unit 2N

8135 S Ingleside Ave

7704 S Aberdeen St

9011 S Laflin St, Unit 1st Floor

704 W Garfield Blvd, Unit 3
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 | $2,049 | $532 | $10,000+ |
Chicago 1 Bedroom Apartments | $2,639 | $745 | $10,000+ |
Chicago 2 Bedroom Apartments | $3,251 | $900 | $10,000+ |
Chicago 3 Bedroom Apartments | $3,759 | $850 | $10,000+ |
Chicago 4 Bedroom Apartments | $3,499 | $925 | $10,000+ |
Chicago 5 Bedroom Apartments | $4,587 | $1,025 | $10,000+ |
Chicago 6 Bedroom Apartments | $1,600 | $1,600 | $1,600 |
Explore Chicago
Getting Around Chicago, IL
Walk Score®
83 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
77 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
66 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $825.
What is the price of a cheap apartment in Chicago?
The cheapest apartment in Chicago is Buckingham which is listed at $999, while the average apartment in Chicago costs $3,333.
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 2,724 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 $396 which is $2,937 cheaper than the average rent for all rentals in Chicago.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.