
Cheap Gated Apartments for Rent in Chicago, IL from $400 (293 Rentals)Page 5 of 6
Cheap Apartments in Chicago.


1517 W Sherwin Ave, Unit 203

350 W Oakdale

4621 N Rockwell St, Unit G

7626 N Marshfield Ave, Unit 404

3222 N Karlov Ave, Unit 2s

7528 N Seeley Ave, Unit 101

7655 N Sheridan Rd, Unit 406

1522 W Sherwin Ave, Unit 202

7714 N Sheridan Rd, Unit 301

Pittsfield Apartments

6954 N Sheridan Apartments

5040 N Winchester Ave, Unit 1932-2

Buena Terrace - 4242 N Sheridan Rd

2712 N Milwaukee Ave, Unit 210

The Draper

4514 N Wolcott Ave, Unit 2B

4415 N Wolcott Ave, Unit 3

7608 N Sheridan Rd, Unit 207

2844 N Orchard St, Unit 3

4419 N Wolcott Ave, Unit 3

503 W Belmont Ave, Unit S

515 W Belmont Ave, Unit S

7220 S Ridgeland Ave, Unit 1

1522 N La Salle Dr

3012 S Canal St, Unit 1

The Deco North Lake Shore

7714 N Sheridan Rd, Unit #1A

2439 N Harding Ave, Unit 1

5223 S Drexel Ave, Unit 2N

5632 W Berenice Ave, Unit 3

4225 W Augusta Blvd, Unit 1

Chatham Park Village-Cooperative (Membership)
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.