close
View Me
$999 - $1,799Studio to 3 Bedroom Apartments Contact Us For Availability
Student | The Flats East West
829 S Wabash AveChicago, IL 60605
Cheap Student Apartments for Rent in Chicago, IL from $400 (31 Rentals)
Student Housing Options in Chicago.
Cheap Apartments in Chicago.
close
View Me
$999 - $3,9505 to 6 Bedroom Apartments Available Now
Luxury Student Housing at Leavitt Place
2157 W 21st StChicago, IL 60608
close
View Me
$1,030 - $3,960Studio to 3 Bedroom Apartments Available Now
Lake Meadows Apartments
3233 S KingChicago, IL 60616
close
View Me
Rent Specials
$1,040 - $2,1501 to 4 Bedroom Apartments Available Now
Letterman Chicago
410 S Morgan StChicago, IL 60607
close
View Me
close
View Me
$1,160 - $4,8902 to 4 Bedroom Apartments Available Now
Addams Coliving
1407 W 15th StChicago, IL 60608
close
View Me
$1,179 - $2,169Studio to 4 Bedroom Apartments Available Now
Tailor Lofts
315 S Peoria StChicago, IL 60607
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.
close
View Me
Rent Specials
$1,191 - $6,700Studio to 4 Bedroom Apartments Available Now
The 808 Cleveland
808 N Cleveland AveChicago, IL 60610
close
View Me
$1,220 - $2,780Studio to 2 Bedroom Apartments Available Now
Vue53
1324-1346 E 53rd StChicago, IL 60615
close
View Me
$1,2301 Bedroom Apartments Contact Us For Availability
5020 S Woodlawn Ave
5020-5030 S Woodlawn AveChicago, IL 60615
close
View Me
Rent Specials
$1,234 - $4,100Studio to 4 Bedroom Apartments Available Now
Post Chicago
853 W Blackhawk StChicago, IL 60642
close
View Me
$1,274 - $6,155Studio to 4 Bedroom Apartments Available Now
Straits Row
633 S La Salle StChicago, IL 60605
close
View Me
$1,536 - $3,150Studio to 3 Bedroom Apartments Available Now
Sheridan Lake - 6401 N Sheridan Rd
6401 N Sheridan RdChicago, IL 60626
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Top Neighborhoods Near Chicago Colleges and Universities
Learn about the best Chicago neighborhoods for student renters by our Chicago, IL Local Expert Nicole Harms
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Deciding Between a Student Apartment or a Dorm?
If you have the option of living off campus in your own apartment...that is the sure fire way to go! Learn a few reasons why. Click below to read more.
close
View Me
close
View Me
close
View Me
Rent Specials
$1,3492 Bedroom Apartments Available Now
Boulevard North Townhomes
1936 E 167th StHammond, IN 46324
Showing Results 1-31, Page 1 of 1
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 | $1,889 | $575 | $8,000 |
| Chicago 1 Bedroom Apartments | $2,325 | $725 | $10,000+ |
| Chicago 2 Bedroom Apartments | $2,901 | $900 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,493 | $788 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,770 | $1,040 | $10,000+ |
| Chicago 5 Bedroom Apartments | $6,670 | $1,925 | $10,000+ |
| Chicago 6 Bedroom Apartments | $15,710 | $3,500 | $10,000+ |
Explore Chicago
Chicago, IL Local Guide
- Chicago Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read Article
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.
Read ArticleBest 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
Read ArticleThe 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.
Read ArticleA 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
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Chicago area?
If you’re an expert on all things Chicago, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Chicago, IL Rentals by Map
See the most popular apartments and homes in Chicago, IL
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 $775.
What is the price of a cheap apartment in Chicago?
The cheapest apartment in Chicago is 8238 S Ellis Ave which is listed at $800, while the average apartment in Chicago costs $6,101.
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 4,698 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 $481 which is $5,620 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.
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.