Cheap 3 Bedroom Apartments for Rent in Chicago, IL from $883 (268 Rentals) Page 5 of 6

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8954 S Commercial
3 Bedroom Apartments

8954 S Commercial

8954 S Commercial AveChicago, IL 60617
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4750 S Calumet
3 Bedroom Apartments

4750 S Calumet

320 E 48th StChicago, IL 60615
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1623 W 61st St
3 Bedroom Apartments

1623 W 61st St

1615-1623 W 61st StChicago, IL 60636
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6157 S Washtenaw Ave
3 Bedroom Apartments

6157 S Washtenaw Ave

6157 S Washtenaw AveChicago, IL 60629
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5236 W Harrison
3 Bedroom Apartments

5236 W Harrison

5236 W HarrisonChicago, IL 60644
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701 N Lotus
3 Bedroom Apartments

701 N Lotus

701 N Lotus AveChicago, IL 60644
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5314 W Washington
3 Bedroom Apartments

5314 W Washington

5201-5207 W Washington BlvdChicago, IL 60644
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1250 S Karlov
3 Bedroom Apartments

1250 S Karlov

1250 S Karlov AveChicago, IL 60623
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10206 S Walden Pky
3 Bedroom Apartments

10206 S Walden Pky

10206 S Walden PkyChicago, IL 60643
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Prince Edward Manor
3 Bedroom Apartments

Prince Edward Manor

1218-1228 W Pratt BlvdChicago, IL 60626
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7823 S Euclid Ave
3 Bedroom Apartments

7823 S Euclid Ave

7823 S Euclid AveChicago, IL 60649
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5015 S Champlain
3 Bedroom Apartments

5015 S Champlain

5015 S Champlain AveChicago, IL 60615
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3245 W. 23rd
3 Bedroom Apartments

3245 W. 23rd

3245 W 23rd StChicago, IL 60623
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1357 N Homan Ave
3 Bedroom Apartments

1357 N Homan Ave

1357 N Homan AveChicago, IL 60651
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423 N Central
3 Bedroom Apartments

423 N Central

423 N Central AveChicago, IL 60644
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6200 S Rockwell
3 Bedroom Apartments

6200 S Rockwell

6200 S Rockwell StChicago, IL 60629
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6424 S Ellis Ave
3 Bedroom Apartments

6424 S Ellis Ave

6424 S Ellis AveChicago, IL 60637
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2400 S Troy St
3 Bedroom Apartments

2400 S Troy St

2400 S Troy StChicago, IL 60623
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2432 W. Cortez
3 Bedroom Apartments

2432 W. Cortez

2432 W Cortez StChicago, IL 60622
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1413 W Taylor St
3 Bedroom Apartments

1413 W Taylor St

1413 W Taylor StChicago, IL 60607
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  • Smoke Free
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6733 S Merrill Ave
3 Bedroom Apartments

6733 S Merrill Ave

6733 S Merrill AveChicago, IL 60649
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4853 S Prairie
3 Bedroom Apartments

4853 S Prairie

4853 S Prairie AveChicago, IL 60615
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5019 S St Lawrence
3 Bedroom Apartments

5019 S St Lawrence

5019 S Saint Lawrence AveChicago, IL 60615
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Carroll Parc
3 Bedroom Apartments

Carroll Parc

5316-5318 S Michigan AveChicago, IL 60615
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Bridgeport
3 Bedroom Apartments

Bridgeport

2800 S Union AveChicago, IL 60616
Student Housing
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327 S Central Park
3 Bedroom Apartments

327 S Central Park

327-329 Central Park AveChicago, IL 60624
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2103-23 W. Berwyn Ave.
3 Bedroom Apartments

2103-23 W. Berwyn Ave.

2103-2123 W Berwyn AveChicago, IL 60625
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Lake Park Manor
3 Bedroom Apartments

Lake Park Manor

3601-3645 S Lake Park AveChicago, IL 60653
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Yellen
3 Bedroom Apartments

Yellen

1118 N Oakley BlvdChicago, IL 60622
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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 $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.

Helpful Local Expert Guides

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The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Written by: Nicole Harms

When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Written by: Nicole Harms

I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

decorative image for Chicago Relocation 101: Mastering Utilities, Registration, and the CTA article

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Written by: Nicole Harms

Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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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 Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.