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$1,285 - $1,784Studio to 2 Bedroom Apartments Available Now
Elmhurst Terrace
100 Fellows CtElmhurst, IL 60126
Cheap Corporate Apartments for Rent in Chicago, IL from $400 (65 Rentals) Page 2 of 2
Corporate Rentals in Chicago.
Cheap Apartments in Chicago.
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$1,330 - $1,5251 to 2 Bedroom Apartments Contact Us For Availability
Green Oaks Apartments
8580 100th TerPalos Hills, IL 60465
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$1,350 - $1,450Studio to 1 Bedroom Apartments Available Jul 7
Pleasant Oak
212 S Oak Park AveOak Park, IL 60302
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$1,385 - $1,875Studio to 2 Bedroom Apartments Available Now
Regents Park Apartments
930-950 W Irving Park RdBensenville, IL 60106
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$1,394 - $3,105
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$1,394 - $3,105
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Orion Prospect
475 W Enterprise DrMount Prospect, IL 60056
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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$1,400 - $1,8001 to 2 Bedroom Apartments Available Now
The Eclipse at 1450
1450 S Busse RdMount Prospect, IL 60056
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$1,479 - $2,429Studio to 3 Bedroom Apartments Available Now
ReNew Des Plaines North & South
730 W Algonquin RdDes Plaines, IL 60016
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$1,497 - $2,4231 to 2 Bedroom Apartments Available Jul 6
Forest Cove Apartments
1706 Forest Cove DrMount Prospect, IL 60056
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$1,503 - $3,645Studio to 2 Bedroom Apartments Available Now
The Bennington
100-130 George StBensenville, IL 60106
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$1,522 - $2,1321 to 2 Bedroom Apartments Available Now
Cypress Place
975 Jefferson SqElk Grove Village, IL 60007
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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$1,549 - $2,6671 to 2 Bedroom Apartments Available Now
Park Ridge Commons
9030 Kennedy DrDes Plaines, IL 60016
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$1,600 - $2,2001 to 3 Bedroom Apartments Available Now
Huntington Square
1300 S Elmhurst RdMount Prospect, IL 60056
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1 to 2 Bedroom Apartments
Chablis
610 N Lincoln AveAddison, IL 60101
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3 Bedroom Apartments
515 Forest Ave
515 Forest AveOak Park, IL 60302
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Orion ParkView
1821 W Golf RdMount Prospect, IL 60056
The Rise of Digital Nomads: Remote Work Tips for Apartment Renters
As a digital nomad you work from your own apartment or home or enjoy the spectacular views of amazing locations throughout the nation and globally as you travel, all while maintaining a connection to your team digitally. Learn How this Trend is on the Rise.
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 | $2,019 | $600 | $9,940 |
| Chicago 1 Bedroom Apartments | $2,475 | $650 | $10,000+ |
| Chicago 2 Bedroom Apartments | $3,054 | $850 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,805 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $4,074 | $970 | $10,000+ |
| Chicago 5 Bedroom Apartments | $7,878 | $2,600 | $10,000+ |
| Chicago 6 Bedroom Apartments | $6,145 | $750 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Chicago, IL Area Reviews
Do you know the Chicago area?
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Write a ReviewNicole • 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 $710.
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 $660, while the average apartment in Chicago costs $7,421.
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 2,992 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 $572 which is $6,849 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
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.
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.
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.
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.