Cheap Pet Friendly Apartments for Rent in Chicago, IL from $400 with Laundry Facility (606 Rentals)
Pet Friendly Chicago Rentals.
Cheap Apartments in Chicago.

Lakeside 6241

South Shore Beach Apartments

Washington Plaza

7051 S Bennett Ave

The Townhouse Apartments

5957 W Madison St

Jeffery Parkway Apartments

Bryn Mawr Belle Shore
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

4901 S Drexel Blvd

OC Living

6011 N Kenmore St

Southland Village

Lake Meadows Apartments

2Sisters Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

5451 S Cornell Ave

5451 S Cornell Ave

7449 N Greenview Ave, Unit #203

1628 W Morse Ave, Unit #307

Lakeside Grant Manor

Chatham Grove

4721 S. Ellis Avenue

5451 S Cornell Ave

5451 S Cornell Ave

The Versailles Apartments

The Vivian
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.

Plaisance Apartments

Cornell (The Greenstone)

Onyx on Sheridan

1528 W Pratt Blvd

5451 S Cornell Ave

5451 S Cornell Ave

4720 S Drexel Blvd

Prairie Shores
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.

The Edison

Woodlawn Terrace

5425 N Kenmore Ave, Unit 304

Oglesby Towers Apartments

1108 W Rosemont Ave, Unit #514

5451 S Cornell Ave

1361 W Greenleaf Ave, Unit #1A

3353 W Eastwood Ave, Unit #14
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

6233 N Winthrop Ave, Unit #413
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 | $2,080 | $575 | $10,000+ |
Chicago 1 Bedroom Apartments | $2,628 | $750 | $10,000+ |
Chicago 2 Bedroom Apartments | $3,213 | $800 | $10,000+ |
Chicago 3 Bedroom Apartments | $3,743 | $825 | $10,000+ |
Chicago 4 Bedroom Apartments | $3,597 | $875 | $10,000+ |
Chicago 5 Bedroom Apartments | $4,390 | $1,000 | $10,000+ |
Chicago 6 Bedroom Apartments | $6,995 | $6,995 | $6,995 |
Explore Chicago

Chicago, IL Local Guide
- Chicago Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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 $805.
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 $3,887.
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 2,829 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 $364 which is $3,523 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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.