Cheap Apartments for Rent in Chicago, IL from $400 with Hardwood Floors (522 Rentals) Page 7 of 11
Search the lowest-cost Apartments available for rent right now in Chicago.

623 W Patterson Ave, Unit A07C

3510 N. Pine Grove

Wilson Court - 1901 W Wilson Ave

Edge @ Sheridan - 5910 N Sheridan Rd

455 W. Wellington

450 West Melrose Apartments

1040 Hollywood

451 W. Wrightwood

659 W Wrightwood Ave, Unit M00B

4411 N Wolcott Ave, Unit M03B

2648 N Spaulding Ave, Unit M07B

2644 N Spaulding Ave, Unit M07B

Pittsfield Apartments

626 W Patterson Ave, Unit M09B

5137 N Wolcott Ave, Unit 3A

2606 W Gunnison St, Unit 2

4040 N Ashland Ave, Unit STD

5026 S Blackstone Ave, Unit 101

8139 S Marshfield Ave, Unit g

4753 N Monticello Ave, Unit Unit 2A

8057 S Sangamon St, Unit 2
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 | $1,863 | $575 | $8,711 |
Chicago 1 Bedroom Apartments | $2,338 | $750 | $9,750 |
Chicago 2 Bedroom Apartments | $2,986 | $850 | $10,000+ |
Chicago 3 Bedroom Apartments | $3,600 | $788 | $10,000+ |
Chicago 4 Bedroom Apartments | $3,859 | $650 | $10,000+ |
Chicago 5 Bedroom Apartments | $9,772 | $1,650 | $10,000+ |
Chicago 6 Bedroom Apartments | $26,595 | $10,000 | $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 $760.
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 $6,127.
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 2,783 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 $507 which is $5,620 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 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.

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.