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Studio to 3 Bedroom Apartments
Ivy at Piccadilly
5107 S Blackstone AveChicago, IL 60615
Cheap Short Term Lease Apartments for Rent in Chicago, IL from $400 (79 Rentals) Page 2 of 2
Short Term Rental Options.
Cheap Apartments in Chicago.
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Studio to 1 Bedroom Apartments
The 1521 Sherwin
1521 W Sherwin AveChicago, IL 60626
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Studio to 2 Bedroom Apartments
1912 S Throop St
1912 S Throop StChicago, IL 60608
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Studio to 2 Bedroom Apartments
The Sutherland
4659 S Drexel BlvdChicago, IL 60653
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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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Studio to 2 Bedroom Apartments
Maple Court
1120-1126 E 47th StChicago, IL 60653
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Studio to 3 Bedroom Apartments
600 N Lake Shore Dr
600 N Lake Shore DrChicago, IL 60611
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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Studio to 1 Bedroom Apartments
5049 S. Drexel Boulevard
5049 S Drexel BlvdChicago, IL 60615
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Studio to 3 Bedroom Apartments
Marine Terrace Apartments
4180 N Marine DrChicago, IL 60613
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1 to 2 Bedroom Apartments
Ivy at Kimbark
5428-5432 S Kimbark AveChicago, IL 60615
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1 to 3 Bedroom Apartments
1351 W. Touhy Ave.
1351 W Touhy AveChicago, IL 60626
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2 to 3 Bedroom Apartments
2001 S State St
2001 S State StChicago, IL 60616
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Studio to 2 Bedroom Apartments
5300 S. Drexel Avenue
5300-5304 S Drexel AveChicago, IL 60615
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2 to 4 Bedroom Apartments
6922-24 N. Greenview Ave.
6922-6924 N Greenview AveChicago, IL 60626
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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$800 - $1,575Studio to 3 Bedroom Apartments Contact Us For Availability
Blue Station
2130 122nd StBlue Island, IL 60406
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Rent Specials
$1,260 - $1,756Studio to 2 Bedroom Apartments Available Now
Elmhurst Terrace
100 Fellows CtElmhurst, IL 60126
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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
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Rent Specials
$1,3492 Bedroom Apartments Available Jul 24
Boulevard North Townhomes
1936 E 167th StHammond, IN 46324
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$1,350 - $1,450Studio to 1 Bedroom Apartments Available Jul 13
Pleasant Oak
212 S Oak Park AveOak Park, IL 60302
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Rent Specials
$1,465 - $3,089
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,465 - $3,089
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Varies
Orion Prospect
475 W Enterprise DrMount Prospect, IL 60056
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$1,500 - $1,9751 to 2 Bedroom Apartments Available Now
Ronald & Gunnison
4747 N Ronald StHarwood Heights, IL 60706
The Freedom of Short-Term Rentals: Exploring the Advantages for Renters
From flexibility to potential costs, explore the key benefits and drawbacks of short-term rental housing from a renter's perspective.
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Rent Specials
$1,522 - $2,1321 to 2 Bedroom Apartments Available Now
Cypress Place
975 Jefferson SqElk Grove Village, IL 60007
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Rent Specials
$1,600 - $2,2001 to 3 Bedroom Apartments Available Now
Huntington Square
1300 S Elmhurst RdMount Prospect, IL 60056
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2 Bedroom Apartments
Mansard Lane Apartments
1713-1725 W Mansard LnMount Prospect, IL 60056
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1 to 2 Bedroom Apartments
Park Colony Apartments
9350 Congress RdDes Plaines, IL 60016
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1 to 3 Bedroom Apartments
Riverwood Apartment Homes
3649 173rd CtLansing, IL 60438
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Studio to 2 Bedroom Apartments
996-1012 Main St
996-1012 Main StEvanston, IL 60202
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Studio to 3 Bedroom Apartments
ReNew Des Plaines North
270-290 S Beau DrDes Plaines, IL 60016
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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1 to 2 Bedroom Apartments
Orion ParkView
1821 W Golf RdMount Prospect, IL 60056
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 | $2,022 | $600 | $9,700 |
| Chicago 1 Bedroom Apartments | $2,472 | $700 | $9,987 |
| Chicago 2 Bedroom Apartments | $3,080 | $850 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,767 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,993 | $970 | $10,000+ |
| Chicago 5 Bedroom Apartments | $7,868 | $1,895 | $10,000+ |
| Chicago 6 Bedroom Apartments | $6,140 | $750 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Chicago, IL Area Reviews
Do you know the Chicago area?
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Write a ReviewNicole • 4+ years in Chicago
April 10, 2026Big city challenges with traffic but also provides the amenities of the city you can't find elsewhere
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 $724.
What is the price of a cheap apartment in Chicago?
The cheapest apartment in Chicago is West Haven Park II - B which is listed at $660, while the average apartment in Chicago costs $7,298.
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 3,103 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 $527 which is $6,771 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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.