Cheap Short Term Lease Apartments for Rent in Chicago, IL from $400 (81 Rentals)

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Short Term Rental Options.

Cheap Apartments in Chicago.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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The Trilogy at Hyde Park
Rent Specials
$1,444 - $3,004
Total Monthly Price

Total Monthly Price

Base Rent
$1,444 - $3,004
Total Monthly Price
$1,444 - $3,004
1 to 3 Bedroom Apartments Available Now

The Trilogy at Hyde Park

1310-1316 E Hyde Park BlvdChicago, IL 60615
Corporate Housing
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  • Customer Reviewed
  • 3D Tour

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Ivy Tower
Studio to 1 Bedroom Apartments

Ivy Tower

5455 S Blackstone AveChicago, IL 60615
Student Housing
  • Utilities Included
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The Max Apartments
Studio to 1 Bedroom Apartments

The Max Apartments

5135 S Blackstone AveChicago, IL 60615
  • Utilities Included
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2600 W. Logan Blvd
Studio to 2 Bedroom Apartments

2600 W. Logan Blvd

2612 W Logan BlvdChicago, IL 60647
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Ivy Dorchester
Studio to 2 Bedroom Apartments

Ivy Dorchester

5118 S Dorchester AveChicago, IL 60615
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Ivy Dickens
Studio to 1 Bedroom Apartments

Ivy Dickens

5330 S Blackstone AveChicago, IL 60615
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Ivy Villas
Studio to 2 Bedroom Apartments

Ivy Villas

5514 S Blackstone AveChicago, IL 60637
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6011 N Kenmore St
Studio to 1 Bedroom Apartments

6011 N Kenmore St

6011 N Kenmore StChicago, IL 60660
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Ivy at Shelbyrne
Studio to 2 Bedroom Apartments

Ivy at Shelbyrne

5110 S Kenwood AveChicago, IL 60615
Student Housing
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Ivy at Fairfax
Studio to 3 Bedroom Apartments

Ivy at Fairfax

1369 E Hyde Park BlvdChicago, IL 60615
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Ivy at Carlson
Studio to 2 Bedroom Apartments

Ivy at Carlson

1401 E Hyde Park BlvdChicago, IL 60615
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Ivy at Sylvan
Studio to 1 Bedroom Apartments

Ivy at Sylvan

5532 S Kenwood AveChicago, IL 60637
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Ivy Gayles
Studio to 2 Bedroom Apartments

Ivy Gayles

5316 S Dorchester AveChicago, IL 60615
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Ivy Kenwood
Studio to 2 Bedroom Apartments

Ivy Kenwood

5220 S Kenwood AveChicago, IL 60615
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7700 S Phillips Ave
3 Bedroom Apartments

7700 S Phillips Ave

7700 S Phillips AveChicago, IL 60649
Senior Living
  • Utilities Included
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Ivy Terrace
Studio to 2 Bedroom Apartments

Ivy Terrace

5140 S Kenwood AveChicago, IL 60615
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Ivy at Harper
Studio to 2 Bedroom Apartments

Ivy at Harper

5345 S Harper AveChicago, IL 60615

When Life Happens: Your Options for Ending a Rental Lease Early

Unexpected life events can force you to break your lease. Learn how to communicate with your landlord, negotiate a solution, and understand your legal options for early termination.

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Luella Court
1 to 3 Bedroom Apartments

Luella Court

8000 S Luella AveChicago, IL 60617
  • Utilities Included
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1662 W. Farwell Ave.
Studio to 2 Bedroom Apartments

1662 W. Farwell Ave.

1662-1664 W Farwell AveChicago, IL 60626
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The Winthrop Place
Studio to 1 Bedroom Apartments

The Winthrop Place

5710 N WinthropChicago, IL 60660
  • Utilities Included
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1666 Pratt
1 Bedroom Apartments

1666 Pratt

1666 W Pratt BlvdChicago, IL 60626
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Ivy at Mason
Studio to 2 Bedroom Apartments

Ivy at Mason

1215 E Hyde Park BlvdChicago, IL 60615
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911 W. Oakdale Ave.
Studio to 1 Bedroom Apartments

911 W. Oakdale Ave.

910-918 W Oakdale AveChicago, IL 60657
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5500 S. Cornell Avenue
Studio to 4 Bedroom Apartments

5500 S. Cornell Avenue

5493 S Cornell AveChicago, IL 60637
Corporate Housing
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Woodlawn Terrace
Studio to 2 Bedroom Apartments

Woodlawn Terrace

4726-4740 S Woodlawn AveChicago, IL 60615
Corporate Housing
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2103-23 W. Berwyn Ave.
1 to 3 Bedroom Apartments

2103-23 W. Berwyn Ave.

2103-2123 W Berwyn AveChicago, IL 60625
  • Utilities Included

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.

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Chicago, IL Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Frequently Asked Questions about Cheap Chicago Apartments

What is the Cheapest Studio apartment in Chicago?

Currently the most affordable Cheap Studio Apartment in Chicago is at 5445 Ingleside By 3L Living listed at $684.

How much is rent for a Cheap One Bedroom Chicago Apartment?

The lowest price for a Cheap One Bedroom Chicago Apartment is $754 at Westhaven Park II - C.

What is the lowest price for a Cheap Two Bedroom Chicago Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Chicago is starting from $192 at West Haven Park II - B.

What is the most affordable Chicago Three Bedroom Apartment?

The best deal on a cheap Chicago Three Bedroom Apartment rental is at West Haven Park II - B and starts from $192.

Expert Rental Resources

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.

Helpful Local Expert Guides

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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.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.