
Cheap Gated Apartments for Rent in Chicago, IL from $400 (293 Rentals)Page 2 of 6
Cheap Apartments in Chicago.


Prairie Shores

Campus Court Apartments

Park Place Apartments

4364 N Kenmore Ave, Unit 402

930 W. Winona

4813 W Armitage Ave, Unit 1

5300-5308 S. Hyde Park Boulevard

4756 N Maplewood Ave

Astoria Properties

7451 N Greenview Ave, Unit 23

Times Square Apartments

1721 W North Shore Ave, Unit 2E

Park View Apartments

940 W Cuyler Ave, Unit 305

4600 Beacon

1141 W Morse Ave, Unit 306

1840 N Humboldt Blvd, Unit 304

Hollywood Beach

6106 S University Ave

4241 Kenmore Apartments

Beachwalk Apartments

Reside at Belmont Harbor

5722 N Winthrop Ave, Unit 511

Sheridan Terrace - 6725 N Sheridan Rd

503 W Belmont Ave, Unit 2L

The Lawrence House

4871 N Magnolia Ave, Unit 322

596 W Hawthorne

Wyndham Apartments

6343 N Magnolia Ave, Unit 1D

3257-3267 W. Wrightwood Ave

5851 N Winthrop Ave, Unit #104

5800 North Sheridan

6341 N Magnolia Ave, Unit 2A

7717 N Sheridan Rd, Unit #3R

4831 N Damen Ave, Unit 307

5026 N Kenmore Ave, Unit #5

Grace Shores

Sheridan Glen - 6040 N Sheridan Rd

7251 at Waters Edge Apartment Homes

Kenmore Place - 6119 N Kenmore Ave

Eden Commons

1335 W Birchwood Ave, Unit 308
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 | $2,030 | $532 | $9,091 |
Chicago 1 Bedroom Apartments | $2,603 | $685 | $10,000+ |
Chicago 2 Bedroom Apartments | $3,247 | $950 | $10,000+ |
Chicago 3 Bedroom Apartments | $3,862 | $655 | $10,000+ |
Chicago 4 Bedroom Apartments | $3,686 | $775 | $10,000+ |
Chicago 5 Bedroom Apartments | $4,413 | $925 | $6,995 |
Chicago 6 Bedroom Apartments | $6,527 | $6,460 | $6,595 |
Explore Chicago
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 $770.
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 $3,278.
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 2,402 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 $399 which is $2,879 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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.