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from $1,117Studio to 2 Bedroom Apartments Available Now
The Flamingo Apartments
5500 S Shore DrChicago, IL 60637
Cheap Apartments for Rent in Chicago, IL from $400 with Swimming Pool (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Chicago.
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from $1,147Studio to 1 Bedroom Apartments Available Now
The Rosie
1461 S Blue Island AveChicago, IL 60608
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from $1,169Studio to 3 Bedroom Apartments Available Now
868 N. Wells
868 N Wells StChicago, IL 60610
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from $1,275Studio to 1 Bedroom Apartments Available Jul 2
The Lawrence House
1020 W Lawrence AveChicago, IL 60640
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from $1,340Studio to 3 Bedroom Apartments Available Now
The Pavilion
5441 NE NEast River RdChicago, IL 60656
2901 S Michigan Ave
ChicagoIL60616
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from $1,416Studio to 2 Bedroom Apartments Available Now
Midpointe
4050-4064 W 115th StChicago, IL 60655
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from $1,425Studio Apartments Contact Us For Availability
The June
5155 N Broadway AveChicago, IL 60640
4250 N Marine Dr
ChicagoIL60613
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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from $1,510Studio Apartments Available Now
The Winnie
4750 N Winthrop AveChicago, IL 60640
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from $1,510Studio to 2 Bedroom Apartments Available Now
EDGE on Broadway
6145-6147 N Broadway StChicago, IL 60660
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from $1,595Studio to 2 Bedroom Apartments Available Now
The Draper
5050 N Broadway StChicago, IL 60640
2901 S Michigan Ave
ChicagoIL60616
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from $1,6002 Bedroom Apartment Available Aug 1
2345 W 24th St, Unit #1
2345 W 24th StChicago, IL 60608
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It's time to soak up some sun!
One of the easiest and more obvious ways of enjoying the summer sun is to lounge out by your community pool. Learn a Few Rules to Keep in Mind while at the pool.
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from $9951 to 3 Bedroom Apartments Available Now
Willow Hill Apartments
8712 S 87th TerJustice, IL 60458
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from $1,1051 to 2 Bedroom Apartments Available Now
Manchester Court Apartments
14700 Central AveOak Forest, IL 60452
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from $1,110Studio to 1 Bedroom Apartments Contact Us For Availability
Courts of the Fountains
8642 Golf RdDes Plaines, IL 60016
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from $1,245Studio to 3 Bedroom Apartments Available Now
ReNew Des Plaines North
270-290 S Beau DrDes Plaines, IL 60016
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from $1,310Studio to 2 Bedroom Apartments Available Jun 16
Mont Clare
7171 W Gunnison StHarwood Heights, IL 60706
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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from $1,3301 to 2 Bedroom Apartments Available Now
Green Oaks Apartments
8580 100th TerPalos Hills, IL 60465
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from $1,330Studio to 2 Bedroom Apartments Available Jun 17
ReNew Des Plaines North & South
730 W Algonquin RdDes Plaines, IL 60016
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from $1,3891 to 3 Bedroom Apartments Available Now
Mount Prospect Greens
2000 W Algonquin RdMount Prospect, IL 60056
820 Arbor Ln
GlenviewIL60025
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from $1,4251 to 2 Bedroom Apartments Available Now
The Eclipse at 1450
1450 S Busse RdMount Prospect, IL 60056
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from $1,4501 to 3 Bedroom Apartments Available Jul 18
Huntington Square
1300 S Elmhurst RdMount Prospect, IL 60056
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from $1,4591 to 2 Bedroom Apartments Available Jul 21
Forest Cove Apartments
1706 Forest Cove DrMount Prospect, IL 60056
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from $1,4711 to 3 Bedroom Apartments Available Now
Orion Prospect
475 W Enterprise DrMount Prospect, IL 60056
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from $1,4791 to 2 Bedroom Apartments Available Now
Terraces of Elk Grove
908 Ridge SqElk Grove Village, IL 60007
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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from $1,4801 to 2 Bedroom Apartments Available Now
Glen Oaks Commons
9700 Sumac RdDes Plaines, IL 60016
1505 S Canford Cliffs Dr
Mount ProspectIL60056
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from $1,500Studio to 2 Bedroom Apartments Available Now
Legacy Crossings
8975 W Golf RdNiles, IL 60714
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from $1,5041 to 3 Bedroom Apartments Available Now
Residences at Arlington Heights
2134 S Goebbert RdArlington Heights, IL 60005
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from $1,5201 to 2 Bedroom Apartments Available Jul 26
Orchard Lakes Apartments
154 Juliann DrWood Dale, IL 60191
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from $1,5201 to 2 Bedroom Apartments Contact Us For Availability
Fairway Green Apartments
640 S York RdBensenville, IL 60106
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from $1,5331 to 3 Bedroom Apartments Available Now
The Element
1550 W Dempster StMount Prospect, IL 60056
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from $1,5571 to 2 Bedroom Apartments Available Jul 10
Ashton Arlington Heights
2302-2416 S Goebbert RdArlington Heights, IL 60005
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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from $1,579Studio to 2 Bedroom Apartments Available Jun 14
The Bennington
100-130 George StBensenville, IL 60106
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Showing Results 1-46, 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 | $2,081 | $565 | $10,000+ |
| Chicago 1 Bedroom Apartments | $2,615 | $745 | $10,000+ |
| Chicago 2 Bedroom Apartments | $3,273 | $995 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,828 | $825 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,845 | $875 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,220 | $1,025 | $10,000+ |
| Chicago 6 Bedroom Apartments | $30,295 | $10,000 | $10,000+ |
Explore Chicago
Chicago, IL Local Guide
- Chicago Neighborhoods
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Quick 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.
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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 $795.
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 $4,379.
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 2,679 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 $381 which is $3,998 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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
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.