Cheap 3 Bedroom Apartments for Rent in Chicago, IL from $883 (211 Rentals) Page 3 of 5

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1415 W 80th
3 Bedroom Apartments

1415 W 80th

8001 S Bishop StChicago, IL 60620
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7316 S Jeffery
3 Bedroom Apartments

7316 S Jeffery

7316 S Jeffery BlvdChicago, IL 60649
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Lawndale Apartments
3 Bedroom Apartments

Lawndale Apartments

3206 W Douglas BlvdChicago, IL 60623
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7034 S Claremont
3 Bedroom Apartments

7034 S Claremont

7034 S Claremont AveChicago, IL 60636
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6401 S Maplewood
3 Bedroom Apartments

6401 S Maplewood

6401 S Maplewood AveChicago, IL 60629
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3454 W Lexington
3 Bedroom Apartments

3454 W Lexington

3454 W Lexington StChicago, IL 60624

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.

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Oak Park Apartments
3 Bedroom Apartments

Oak Park Apartments

5959 W West End AveChicago, IL 60644
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8101 S Justine St
3 Bedroom Apartments

8101 S Justine St

8101 S Justine StChicago, IL 60620
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2900 E 91st
3 Bedroom Apartments

2900 E 91st

2900 E 91st StChicago, IL 60617
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212 E 69th
3 Bedroom Apartments

212 E 69th

212 E 69th PlChicago, IL 60637
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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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215 E 68th
3 Bedroom Apartments

215 E 68th

215 E 68th StChicago, IL 60637
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10901 S Vernon
3 Bedroom Apartments

10901 S Vernon

10901-10911 S Vernon AveChicago, IL 60628
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6356 S Francisco
3 Bedroom Apartments

6356 S Francisco

6354-6358 S Francisco AveChicago, IL 60629

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.

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1734 E 72nd
3 Bedroom Apartments

1734 E 72nd

1734 E 72nd StChicago, IL 60649
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7135 S Blackstone
3 Bedroom Apartments

7135 S Blackstone

7135 S Blackstone AveChicago, IL 60619
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1415-25 W 80th
3 Bedroom Apartments

1415-25 W 80th

1401 W 80th StChicago, IL 60620
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7755 S Sangamon
3 Bedroom Apartments

7755 S Sangamon

7757-7759 S Sangamon StChicago, IL 60620
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6147 S Vernon Ave
3 Bedroom Apartments

6147 S Vernon Ave

6147 S Vernon AveChicago, IL 60637
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148 N La Crosse Ave
3 Bedroom Apartments

148 N La Crosse Ave

148 N La Crosse AveChicago, IL 60644
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Madison Terrace
3 Bedroom Apartments

Madison Terrace

3120-3151 W Madison StChicago, IL 60612
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6923 S Indiana
3 Bedroom Apartments

6923 S Indiana

6923-6925 S Indiana AveChicago, IL 60637
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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

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3600 W Franklin
3 Bedroom Apartments

3600 W Franklin

3600 W Franklin BlvdChicago, IL 60624
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8100 S Throop
3 Bedroom Apartments

8100 S Throop

8100 S Throop StChicago, IL 60620
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8259 S Elizabeth St
3 Bedroom Apartments

8259 S Elizabeth St

8259 S Elizabeth StChicago, IL 60620
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7829 S Phillips
3 Bedroom Apartments

7829 S Phillips

7829 S Phillips AveChicago, IL 60649
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7800 S Jeffery
3 Bedroom Apartments

7800 S Jeffery

7804 S JeffreyChicago, IL 60649
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7755 S Peoria St
3 Bedroom Apartments

7755 S Peoria St

7755 S Peoria StChicago, IL 60620
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8257 S Coles Ave
3 Bedroom Apartments

8257 S Coles Ave

8257 S Coles AveChicago, IL 60617
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5758 S Wabash
3 Bedroom Apartments

5758 S Wabash

5758 S Wabash AveChicago, IL 60637
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6608 S Peoria St
3 Bedroom Apartments

6608 S Peoria St

6608 S Peoria StChicago, IL 60621
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Island Terrace
3 Bedroom Apartments

Island Terrace

6430 S Stony Island AveChicago, IL 60637
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4814 W Monroe St
3 Bedroom Apartments

4814 W Monroe St

4814 W Monroe StChicago, IL 60644
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Pilsen Apartments
3 Bedroom Apartments

Pilsen Apartments

2302 W 19th StChicago, IL 60608
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Chicago, IL Area Reviews

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Nicole4+ years in Chicago

April 10, 2026

Big city challenges with traffic but also provides the amenities of the city you can't find elsewhere

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 $724.

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 $7,242.

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 3,188 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 $516 which is $6,726 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

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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.

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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

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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.