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Cheap Apartments for Rent in Chicago, IL from $400 with Parking and Washer/Dryer (240 Rentals) Page 3 of 5
Search the lowest-cost Apartments available for rent right now in Chicago.
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$1,595 - $3,900Studio to 2 Bedroom Apartments Contact Us For Availability
The Nest at Lincoln Park West
2140 N Lincoln Park WChicago, IL 60614
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$1,595Studio Apartment Available Now
3820 N Greenview Ave, Unit 3W
3820 N Greenview AveChicago, IL 60613
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$1,595Studio Apartment Available Oct 1
839 W Cornelia Ave, Unit #837 - 3S
839 W Cornelia AveChicago, IL 60657
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$1,6003 Bedroom Apartment Available Now
8010 S Manistee Ave, Unit A
8010 S Manistee AveChicago, IL 60617
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$1,600Studio Apartment Available Oct 1
3824 N Greenview Ave, Unit 2W
3824 N Greenview AveChicago, IL 60613
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$1,600 - $4,600Studio to 2 Bedroom Apartments Available Now
1522 N La Salle Dr
1522 N La Salle DrChicago, IL 60610
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Studio to 2 Bedroom Apartments
Mayfair Commons - Senior Community
4444 W Lawrence AveChicago, IL 60630
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2 to 3 Bedroom Apartments
Dorchester Artist + Housing Collaborative Apt
6949 S Dante AveChicago, IL 60637
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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 | $1,865 | $575 | $8,711 |
| Chicago 1 Bedroom Apartments | $2,344 | $750 | $9,250 |
| Chicago 2 Bedroom Apartments | $3,003 | $795 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,613 | $788 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,873 | $650 | $10,000+ |
| Chicago 5 Bedroom Apartments | $10,446 | $1,650 | $10,000+ |
| Chicago 6 Bedroom Apartments | $29,020 | $10,000 | $10,000+ |
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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 $745.
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 $6,179.
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 2,627 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 $511 which is $5,668 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.