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


362 E 60th St

6933 S Indiana Chicago, IL 60637

5040-42 W Quincy St Chicago, IL 60644

5609 S Michigan Ave

5410 S Indiana Ave

5100-04 W Madison St Chicago, IL 60644

Homan Square Apartments Phase I

7800-06 S Essex 2451-55 E 78th Chicago, IL 60649

7316 S Jeffery Blvd

1448 W 83rd Chicago, IL 60620

7040 S Cregier Ave

Gray Apartments

2032 N Winchester Ave

6943-6945 S Indiana Ave

1415-25 W 80th 8001 S Bishop Chicago, IL 60620

Martin Luther King JR PLZ (S-8 Affordable)

8101-8107 S Langley Ave

7316 S Jeffery Blvd Chicago, IL 60649

Lawndale Apartments

7655 S May Chicago, IL 60620

7034 S Claremont

Oak Park Apartments

8101 S Justine St

3454 W Lexington St 715-21 S St Louis Chicago, IL 60624

Humboldt Ridge Apartments

Hilliard Towers Family One

212 E 69th Place Chicago, IL 60637

6800 S Dorchester Ave

215 E 68th Chicago, IL 60637

7829 S Phillips Ave

10901 S Vernon

5130 S Dr Martin Luther King Jr Dr Chicago, IL 60615

Coleman Place At Legends South

8201-8205 S Kingston Ave 2539-2541 E 82nd Street Chicago, IL 60617

1415-25 W 80th

Atrium West Apartments

7755 S Sangamon St 914-918 W 78th St Chicago, IL 60620

6147 S Vernon Ave

148 N La Crosse Ave

Madison Terrace

8040 S Vernon Ave

8100 S Throop St 1307-11 W 81st Chicago, IL 60620

8051 S Ingleside Ave 934-42 E 81st Chicago, IL 60619

8259 S Elizabeth St

10719 S Calumet Ave

107-113 N Laramie Ave Chicago, IL 60644

8051-8053 S King Dr

1630 S Sawyer Ave Chicago, IL 60623

7358 S Blackstone Ave
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.