
Cheap Apartments for Rent with Specials in Chicago, IL from $400 (72 Rentals)Page 2 of 2
Rental Listings with Specials.
Cheap Apartments in Chicago.


4647 N Paulina St, Unit 102

2424 N Clark

Presidential Towers

7608 N Sheridan Rd, Unit 207

1246 W Winona St, Unit Apt 2

The Deco North Lake Shore

The Banc Hammond

7310 W North Ave, Unit 1b

Green Oaks Apartments

Boulevard North Townhomes

1940 Sherman Ave.

Elmhurst Terrace

Courtyards On The Park

829 Foster St.

Orion Prospect

Forest Cove Apartments

16 W Busse Ave

Park Ridge Commons

The Bennington

Huntington Square

Main Station Apartments
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 | $2,039 | $532 | $9,059 |
Chicago 1 Bedroom Apartments | $2,605 | $650 | $10,000+ |
Chicago 2 Bedroom Apartments | $3,233 | $950 | $10,000+ |
Chicago 3 Bedroom Apartments | $3,844 | $655 | $10,000+ |
Chicago 4 Bedroom Apartments | $3,694 | $875 | $10,000+ |
Chicago 5 Bedroom Apartments | $4,053 | $900 | $6,995 |
Chicago 6 Bedroom Apartments | $4,885 | $1,600 | $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 $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 $3,279.
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 2,400 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 $400 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.

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.

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.