
Cheap 3 Bedroom Apartments for Rent in Chicago, IL from $883 (217 Rentals) Page 2 of 5


Total Monthly Price
650 W 61st St, Unit 1st floor, Unit 1st floor

6946 S Prairie Ave

Total Monthly Price
4538 N Christiana Ave, Unit Bsmt, Unit Bsmt

6857 S Ridgeland Ave

Prairie Park Apartments

6833 S Green St

7944 S Ellis Ave

South Shore Manor

254 W 31st St, Unit 3
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.

5906 S La Salle St, Unit 2

1221 S Avers Ave, Unit Apt 3

2704 E 77th St

Total Monthly Price
6810 S Calumet Ave

Total Monthly Price
6329 S Loomis Blvd, Unit 2, Unit 2

6329 S Loomis Blvd, Unit 2

5645-5657 W Washington Blvd, Unit 5657-3N

Total Monthly Price
7240 S Cornell Ave, Unit Unit 1, Unit Unit 1

Total Monthly Price
3539 W Grenshaw St

Total Monthly Price
8057 S Sangamon St, Unit 2, Unit 2
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

6031 S Eberhart Ave

Total Monthly Price
1714 W Jonquil Ter

6221 S Laflin St

7614 S Maryland Ave

4356 S Wells St

Total Monthly Price
3348 W Van Buren St, Unit 1, Unit 1

525-527 N Homan Ave., Unit 525-2s

1528 S Springfield Ave

2706 S Wallace St, Unit FL 2

10747 S Indiana Ave
Navigating 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.

1651 N Central Ave

7637 S Kingston Ave

Total Monthly Price
7637 S Kingston Ave, Unit 2, Unit 2

3035 N Keating Ave, Unit Garden

Total Monthly Price
2415 W Arthington St, Unit Unit #2, Unit Unit #2

6957 S Artesian Ave

1913 S Troy St

2628 S Kedzie Ave

West Haven Park II - B

Westhaven Park II - A
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

Westhaven Park II - C

10k sqft LiveWork Space w Green/White Screen

6209 S Michigan Ave

Ohio Commons

6700 S Merrill Ave

6315-6319 S California Ave

7700 S Phillips Ave

Eastwood Garden Apartments

St. Edmund's Meadows

7417-25 S Phillips 2444 E 74th Place Chicago, IL 60649
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 | $1,938 | $550 | $5,924 |
| Chicago 1 Bedroom Apartments | $2,482 | $525 | $10,000+ |
| Chicago 2 Bedroom Apartments | $3,088 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,897 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,557 | $879 | $10,000+ |
| Chicago 5 Bedroom Apartments | $8,361 | $2,175 | $10,000+ |
| Chicago 6 Bedroom Apartments | $6,833 | $2,475 | $10,000+ |
Explore Chicago
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 $726.
What is the price of a cheap apartment in Chicago?
The cheapest apartment in Chicago is West Haven Park II - B which is listed at $192, while the average apartment in Chicago costs $7,766.
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 4,894 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 $493 which is $7,273 cheaper than the average rent for all rentals in Chicago.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.