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Cheap Short Term Lease Apartments for Rent in Chicago, IL from $400 (85 Rentals) Page 2 of 2
Short Term Rental Options.
Cheap Apartments in Chicago.
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1 to 3 Bedroom Apartments
2500-08 W. Pensacola Ave. / 4334-42 N. Campbell Ave
2500 W Pensacola AveChicago, IL 60618
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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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1 to 3 Bedroom Apartments
4128-34 W. Addison St. / 3601-03 N. Kedvale Ave
4128-4134 W Addison StChicago, IL 60641
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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.
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$800 - $1,475Studio to 3 Bedroom Apartments Contact Us For Availability
Blue Station
2130 122nd StBlue Island, IL 60406
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Rent Specials
$1,308 - $1,829Studio to 2 Bedroom Apartments Available Now
Elmhurst Terrace
100 Fellows CtElmhurst, IL 60126
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$1,3101 Bedroom Apartments Available Jan 3, 2026
2762 Hampton Pkwy
2762 Hampton PkwyEvanston, IL 60201
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$1,328 - $2,7681 to 3 Bedroom Apartments Available Now
Orion Prospect
475 W Enterprise DrMount Prospect, IL 60056
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Rent Specials
$1,330 - $1,5251 to 2 Bedroom Apartments Contact Us For Availability
Green Oaks Apartments
8580 100th TerPalos Hills, IL 60465
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.
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Rent Specials
$1,3492 Bedroom Apartments Available Now
Boulevard North Townhomes
1936 E 167th StHammond, IN 46324
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$1,350 - $1,645Studio to 1 Bedroom Apartments Available Now
Pleasant Oak
212 S Oak Park AveOak Park, IL 60302
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$1,535 - $4,4341 to 3 Bedroom Apartments Available Now
Glen Oaks Commons
9700 Sumac RdDes Plaines, IL 60016
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Rent Specials
$1,577 - $1,9381 to 2 Bedroom Apartments Available Now
Cypress Place
975 Jefferson SqElk Grove Village, IL 60007
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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.
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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 | $1,907 | $575 | $7,500 |
| Chicago 1 Bedroom Apartments | $2,363 | $550 | $10,000+ |
| Chicago 2 Bedroom Apartments | $2,899 | $850 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,524 | $740 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,731 | $1,040 | $10,000+ |
| Chicago 5 Bedroom Apartments | $7,460 | $1,925 | $10,000+ |
| Chicago 6 Bedroom Apartments | $12,330 | $950 | $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 $805.
What is the price of a cheap apartment in Chicago?
The cheapest apartment in Chicago is 7850 S Constance Ave which is listed at $795, while the average apartment in Chicago costs $6,737.
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 4,997 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 $451 which is $6,286 cheaper than the average rent for all rentals in Chicago.
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
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.
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.
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.
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
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.