
Cheap Gated Apartments for Rent in Chicago, IL from $400 (300 Rentals) Page 3 of 6
Search the lowest-cost Apartments available for rent right now in Chicago.


Waters Edge

Beachwalk Apartments

Elm 551 at Parkside

536 W. Addison

Academy at Drexel

Green Manor

4871 N Magnolia Ave, Unit 410

6008 N Winthrop Ave, Unit 206

4730 N Winthrop Ave, Unit #806

6106 N Kenmore Ave, Unit #311

7334 N Ridge Apartments

Dakin Court - 910 W Dakin St

Park View Apartments

Buena Terrace - 4242 N Sheridan Rd

Sheridan Pratt Apartments

6022 N Winthrop Ave, Unit 1c

The Maynard at 5115 N Sheridan

1100 North Lasalle

Dearborn North

1050 W George

5200 S Carpenter St, Unit 2R

618 W Patterson Ave, Unit 605

Eden Commons

14 West Elm Apartments

Grace Street Towers

911 W Lawrence Ave, Unit #906

846 W Montrose Ave

10747 S Michigan Ave, Unit Apartment B

Sedgwick Apartments

Hyde Park West
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 | $1,876 | $575 | $8,325 |
Chicago 1 Bedroom Apartments | $2,326 | $700 | $9,750 |
Chicago 2 Bedroom Apartments | $2,971 | $825 | $10,000+ |
Chicago 3 Bedroom Apartments | $3,562 | $788 | $10,000+ |
Chicago 4 Bedroom Apartments | $3,956 | $650 | $10,000+ |
Chicago 5 Bedroom Apartments | $9,678 | $1,900 | $10,000+ |
Chicago 6 Bedroom Apartments | $15,648 | $1,795 | $10,000+ |
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 $790.
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 $5,996.
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 2,681 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 $501 which is $5,495 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.

Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide
Written by: Amber Kanuckel
Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.