Cheap 3 Bedroom Apartments for Rent in Chicago, IL from $755 (243 Rentals) Page 3 of 5

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4820 N Albany Ave
$1,600 - $2,200
Total Monthly Price

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Base Rent
$1,600 - $2,200
Total Monthly Price
$1,600 - $2,200
3 Bedroom Apartment Available Now

4820 N Albany Ave

4820 N Albany AveChicago, IL 60625
Affordability
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Ohio Commons
3 Bedroom Apartments

Ohio Commons

5001 S Drexel BlvdChicago, IL 60615
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6700 S Merrill Ave
3 Bedroom Apartments

6700 S Merrill Ave

6700 S Merrill AveChicago, IL 60649
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7700 S Phillips Ave
3 Bedroom Apartments

7700 S Phillips Ave

7700 S Phillips AveChicago, IL 60649
Senior Living
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336 W Marquette
3 Bedroom Apartments

336 W Marquette

336-342 W Marquette RdChicago, IL 60621
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362 E 60th St
3 Bedroom Apartments

362 E 60th St

362 E 60th StChicago, IL 60637
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5609 S Michigan Ave
3 Bedroom Apartments

5609 S Michigan Ave

5609 S Michigan AveChicago, IL 60637
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Gray Apartments
3 Bedroom Apartments

Gray Apartments

6947 S Peoria StChicago, IL 60621
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Lawndale Apartments
3 Bedroom Apartments

Lawndale Apartments

3206 W Douglas BlvdChicago, IL 60623
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Oak Park Apartments
3 Bedroom Apartments

Oak Park Apartments

5959 W West End AveChicago, IL 60644
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6800 S Dorchester Ave
3 Bedroom Apartments

6800 S Dorchester Ave

6800 S Dorchester AveChicago, IL 60637
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7829 S Phillips Ave
3 Bedroom Apartments

7829 S Phillips Ave

7829 S Phillips AveChicago, IL 60649
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Showing Results 101-150, Page 3 of 5

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 $700.

What is the price of a cheap apartment in Chicago?

The cheapest apartment in Chicago is Coleman Place At Legends South which is listed at $170, while the average apartment in Chicago costs $7,326.

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 5,565 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 $510 which is $6,816 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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

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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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

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.

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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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.