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$1,6002 Bedroom Apartment Available Now
1642 S Harding Ave, Unit 3
1642 S Harding AveChicago, IL 60623
Cheap Apartments for Rent by Owner in Chicago, IL from $400 (71 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in Chicago.
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$1,6002 Bedroom Apartment Available Now
2820 S Short St, Unit 1st Floor Front
2820 S Short StChicago, IL 60608
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$1,6003 Bedroom Apartment Available Now
8010 S Manistee Ave, Unit A
8010 S Manistee AveChicago, IL 60617
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$1,6002 Bedroom Apartment Available Sep 1
2345 N Rutherford Ave, Unit FL #2
2345 N Rutherford AveChicago, IL 60707
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$1,6003 Bedroom Apartment Available Now
8134 S South Shore Dr, Unit 1
8134 S South Shore DrChicago, IL 60617
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
7645 N Sheridan Rd
ChicagoIL60626
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$1,0951 Bedroom Apartment Available Now
2346 122nd St, Unit One Rear
2346 122nd StBlue Island, IL 60406
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$1,1001 Bedroom Apartment Available Now
1725 Madison St, Unit 2nd floor
1725 Madison StMaywood, IL 60153
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$1,1751 Bedroom Apartment Available Sep 1
89 Paxton Ave, Unit 89paxton
89 Paxton AveCalumet City, IL 60409
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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$1,3502 Bedroom Apartment Available Oct 1
1452 Jefferson St, Unit 2
1452 Jefferson StDes Plaines, IL 60016
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$1,3751 Bedroom Apartment Available Now
417 Perrie Dr, Unit 101
417 Perrie DrElk Grove Village, IL 60007
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$1,4001 Bedroom Apartment Available Oct 1
3106 Calwagner St, Unit B
3106 Calwagner StFranklin Park, IL 60131
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$1,4003 Bedroom Apartment Available Now
12537 S Marshfield Ave, Unit 1st Floor
12537 S Marshfield AveCalumet Park, IL 60827
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$1,4002 Bedroom Apartment Available Sep 1
8944 Lavergne Ave, Unit 2 south
8944 Lavergne AveSkokie, IL 60077
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Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
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 | $2,082 | $575 | $10,000+ |
| Chicago 1 Bedroom Apartments | $2,604 | $750 | $10,000+ |
| Chicago 2 Bedroom Apartments | $3,202 | $850 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,697 | $1,050 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,390 | $650 | $10,000+ |
| Chicago 5 Bedroom Apartments | $6,278 | $850 | $10,000+ |
| Chicago 6 Bedroom Apartments | $21,560 | $2,700 | $10,000+ |
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Getting Around Chicago, IL
Walk Score®
83 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
77 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
66 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $786.
What is the price of a cheap apartment in Chicago?
The cheapest apartment in Chicago is 1155 W 83rd St which is listed at $750, while the average apartment in Chicago costs $4,385.
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 2,714 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 $469 which is $3,916 cheaper than the average rent for all rentals in Chicago.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.