
Cheap 3 Bedroom Apartments for Rent in Chicago, IL from $883 (268 Rentals) Page 4 of 6


148 N La Crosse Ave

7755 S Sangamon

Atrium West Apartments

Madison Terrace

6147 S Vernon Ave

8040 S Vernon Ave

3600 W Franklin

8100 S Throop

6033 S Vernon
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

8951 S Ada

10719 S Calumet Ave

109 N Laramie Ave

4300 W Wilcox St

8051-8053 S King Dr

7358 S Blackstone Ave

7829 S Phillips

7800 S Jeffery

7755 S Peoria St

5518 W Jackson
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8257 S Coles

5758 S Wabash

4814 W Monroe St

Island Terrace

6608 S Peoria St

Pilsen Apartments

6901 S Paxton Ave

6201-6203 S Langley Ave

Karlov Gardens

5556 W Jackson

Oakley Apartments

Greenwood Park Apartments

7020 S Merrill Ave

7210 S Yates

Palmer Apartments

4443 W Gladys Ave

7236 S Yates

6101 S Langley

7748 S East End

819-821 S Independence Blvd

2303 W Cullerton St

7240 S Yates

701 S Karlov

Luella Court

3300 W Pershing Rd Chicago, IL 60632

8956-58 South Elizabeth Street/1238-40 W 90th St

Bennett Apartments

7944 S Ellis Ave

5300 S Michigan

3038 W Flournoy
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 | $2,073 | $595 | $9,999 |
| Chicago 1 Bedroom Apartments | $2,462 | $640 | $9,075 |
| Chicago 2 Bedroom Apartments | $3,058 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,702 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $4,306 | $1,025 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,453 | $2,995 | $10,000+ |
| Chicago 6 Bedroom Apartments | $19,280 | $7,000 | $10,000+ |
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Chicago, IL Area Reviews
Nicole • 4+ years in Chicago
April 10, 2026Big 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 $726.
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 $2,323.
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 2,721 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 $472 which is $1,851 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.
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