
Cheap 3 Bedroom Apartments for Rent in Chicago, IL from $883 (217 Rentals) Page 4 of 5


5518-20 W Jackson Blvd

8257 S Coles Ave

1236 S Lawndale Ave

4750 S Calumet Ave Chicago, IL 60615

7240 S Yates Blvd

5019 S St Lawrence Ave 600 E 50th Pl Chicago, IL 60615

6608 S Peoria St

6901 S Paxton Ave

Island Terrace

4814-4820 W Monroe St Chicago, IL 60644

Pilsen Apartments

Karlov Gardens

6201-6203 S Langley Ave

Oakley Apartments

Greenwood Park Apartments

7020 S Merrill Ave Chicago, IL 60649

423 N Central Ave

7210 S Yates

6200 S Rockwell St Chicago, IL 60629

4443 W Gladys Ave

4157-4159 W Adams St

Palmer Apartments

7236 S Yates

819-21 S Independence Blvd Chicago, IL 60624

1115 S Karlov Ave 1115-17 S Karlov Chicago, IL 60624

2303 W Cullerton St

Chatham Park Village-Cooperative (Membership)

Luella Court

7956 S Aberdeen St 1108-10 W 80th Chicago, IL 60620

3300 W Pershing Rd Chicago, IL 60632

3038 W Flournoy

Bennett Apartments

6157 S Washtenaw Ave

1623 W 61st St

5236 W Harrison

6101 S Langley Chicago, IL 60637

7300 S Yates Blvd 2347-59 E 73rd Chicago, IL 60649

5302 W Ohio St

10206 S Walden Pky

1250 S Karlov Ave

Dorchester Artist + Housing Collaborative Apt

Prince Edward Manor

1400-1410 W Rosemont Ave

7823 S Euclid Ave

Lake Park Crescent Apartments

1357 N Homan Ave

2432 W. Cortez

6424 S Ellis Ave

3743 N Magnolia 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.