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$888 - $2,181
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Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$838 - $2,131
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$888 - $2,181
Annabelle LLC
661 W Sheridan AveChicago, IL 60613
Top Rated Cheap Apartments for Rent in Chicago, IL from $400 (295 Rentals)
Top Rated Apartments in Chicago.
Cheap Apartments in Chicago.
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$900 - $1,600Studio to 2 Bedroom Apartments Available Now
KLEO Art Residences
5504 S Michigan AveChicago, IL 60637
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$900 - $1,600Studio to 1 Bedroom Apartments Available Now
6751 S Jeffery Blvd Chicago, IL 60649
6751 S Jeffery BlvdChicago, IL 60649
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$920 - $1,385Studio to 3 Bedroom Apartments Available Mar 16
The Sovereign
1040 W Granville AveChicago, IL 60660
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$925 - $2,145Studio to 2 Bedroom Apartments Contact Us For Availability
The Boulevard at OC Living
1325 S Washtenaw AveChicago, IL 60608
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$959 - $1,379Studio to 1 Bedroom Apartments Available Now
5401 Cornell by 3L Living
5401 S Cornell AveChicago, IL 60615
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$1,018 - $3,278
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$968 - $3,228
Required Monthly Fees
$50
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$1,018 - $3,278
Scholars Corner Apartments
5100 S Cornell AveChicago, IL 60615
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$1,070 - $2,997Studio to 3 Bedroom Apartments Available Now
4721 S. Ellis Avenue
4721-4729 S Ellis AveChicago, IL 60615
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$1,095 - $1,295Studio Apartments Available Now
721 W. Belmont
721 W Belmont AveChicago, IL 60657
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$1,105Studio Apartments Contact Us For Availability
Dearborn Plaza
1030 N Dearborn StChicago, IL 60610
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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$1,108 - $2,473
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,058 - $2,423
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$50
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$1,108 - $2,473
The Versailles Apartments
1374 E 53rd StChicago, IL 60615
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$1,119 - $1,721Studio to 1 Bedroom Apartments Available Apr 1
596 W. Hawthorne
596 W Hawthorne PlChicago, IL 60657
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$1,135 - $1,155Studio Apartments Available Now
424 W. Diversey
424 W Diversey PkyChicago, IL 60614
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$1,139 - $2,529
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Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$1,089 - $2,479
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$50
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$1,139 - $2,529
Plaisance Apartments
6104 S Woodlawn AveChicago, IL 60637
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$1,145 - $2,492
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,095 - $2,442
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$50
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$1,145 - $2,492
Museum Walk Apartments
5541 S Everett AveChicago, IL 60637
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$1,149 - $2,956
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,099 - $2,906
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$50
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$1,149 - $2,956
Oglesby Towers Apartments
6700 S Oglesby AveChicago, IL 60649
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$1,165 - $2,808
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,115 - $2,758
Required Monthly Fees
$50
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$1,165 - $2,808
The Flamingo Apartments
5500 S Shore DrChicago, IL 60637
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$1,169 - $5,582Studio to 4 Bedroom Apartments Available Now
422-24 Melrose
422-424 W Melrose StChicago, IL 60657
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$1,170 - $2,308Studio to 2 Bedroom Apartments Available Now
Woodlawn Terrace
4726-4740 S Woodlawn AveChicago, IL 60615
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$1,175 - $1,781Studio to 1 Bedroom Apartments Available Now
The Vivian
6807 N Sheridan RdChicago, 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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$1,175
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1 Bedroom Apartments Available NowTotal Monthly Price
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$1,175
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$1,175
1019 E 62nd St
1019 E 62nd StChicago, IL 60637
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$1,209 - $2,166
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,159 - $2,116
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$50
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$1,209 - $2,166
Wyndham Apartments
5240 N Sheridan RdChicago, IL 60640
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$1,210 - $2,199Studio to 2 Bedroom Apartments Available Apr 1
536 W. Addison
536 W Addison StChicago, IL 60613
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$1,215 - $2,595Studio to 2 Bedroom Apartments Available Now
Park View Apartments
1936 N Clark StChicago, IL 60614
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$1,220 - $2,140
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Studio to 1 Bedroom Apartments Available Apr 17Total Monthly Price
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$1,170 - $2,090
Required Monthly Fees
$50
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$1,220 - $2,140
2Sisters Apartments
5123 S Kimbark AveChicago, IL 60615
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$1,225 - $1,350Studio Apartments Available Now
The Onyx on Carmen
915 W Carmen AveChicago, IL 60640
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$1,227 - $2,214Studio to 4 Bedroom Apartments Available Now
Eden Commons
2701 S Indiana AveChicago, IL 60616
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$1,236 - $2,114Studio to 1 Bedroom Apartments Available Apr 1
455 W. Wellington
455 W Wellington AveChicago, IL 60657
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$1,254 - $2,411
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,204 - $2,361
Required Monthly Fees
$50
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$1,254 - $2,411
Park Wellington Apartments
434 W Wellington AveChicago, IL 60657
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$1,260 - $3,595Studio to 1 Bedroom Apartments Available Now
The Draper
5050 N Broadway StChicago, IL 60640
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!
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$1,269 - $2,759Studio to 2 Bedroom Apartments Available Apr 1
632 W. Addison
632-644 W Addison StChicago, IL 60613
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$1,275 - $1,375Studio Apartments Available Now
11 W. Division
11 W Division StChicago, IL 60610
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$1,279 - $2,574
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,229 - $2,524
Required Monthly Fees
$50
Total Monthly Price
$1,279 - $2,574
Times Square Apartments
869 W Buena AveChicago, IL 60613
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$1,295Studio Apartments Contact Us For Availability
The Bachelor
1136 W Wilson AveChicago, IL 60640
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$1,296 - $2,632
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,246 - $2,582
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$50
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$1,296 - $2,632
Beachwalk Apartments
420 W Fullerton PkyChicago, IL 60614
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$1,300 - $1,875
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1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,160 - $1,735
Required Monthly Fees
$140
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$1,300 - $1,875
Post Chicago
853 W Blackhawk StChicago, IL 60642
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$1,315 - $2,174Studio to 1 Bedroom Apartments Available Now
515 W. Briar
515 W Briar PlChicago, IL 60657
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$1,320 - $2,555Studio to 2 Bedroom Apartments Contact Us For Availability
441 W. Barry
441 W Barry AveChicago, IL 60657
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$1,325 - $1,495Studio Apartments Available Now
768 W. Jackson
766-768 W Jackson BlvdChicago, IL 60661
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$1,329 - $1,779Studio to 1 Bedroom Apartments Available Now
21st Street Lofts by 3L Living
61 E 21st StChicago, IL 60616
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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$1,346 - $2,055Studio to 1 Bedroom Apartments Available Now
515 W. Barry
515 W Barry AveChicago, IL 60657
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$1,356 - $3,049Studio to 2 Bedroom Apartments Available Now
The Pavilion
5441 NE NEast River RdChicago, IL 60656
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$1,365 - $1,425
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Studio Apartments Available NowTotal Monthly Price
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$1,340 - $1,400
Required Monthly Fees
$25
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$1,365 - $1,425
641 W. Aldine
641 W Aldine AveChicago, IL 60657
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$1,365 - $1,495Studio Apartments Contact Us For Availability
828 W. Fullerton
828 W Fullerton AveChicago, IL 60614
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$1,389 - $3,101Studio to 3 Bedroom Apartments Available Now
Twin Towers Apartments
1649 E 50th StChicago, IL 60615
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$1,395 - $1,525Studio Apartments Available Apr 15
620 W. Belmont
620 W Belmont AveChicago, IL 60657
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$1,422 - $2,998Studio to 1 Bedroom Apartments Available Now
Reside on Clarendon
4157 N ClarendonChicago, IL 60613
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$1,425 - $2,195Studio to 1 Bedroom Apartments Available Now
1164 N Dearborn
1164 N DearbornChicago, IL 60610
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$1,425 - $2,875Studio to 2 Bedroom Apartments Available Now
25 E. Delaware
25 E Delaware PlChicago, IL 60611
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$1,440 - $2,821Studio to 2 Bedroom Apartments Available Now
Algonquin Apartments
1606 E Hyde Park BlvdChicago, IL 60615
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.
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 | $550 | $6,511 |
| Chicago 1 Bedroom Apartments | $2,419 | $650 | $10,000+ |
| Chicago 2 Bedroom Apartments | $2,986 | $650 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,722 | $755 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,315 | $1,040 | $10,000+ |
| Chicago 5 Bedroom Apartments | $9,615 | $2,400 | $10,000+ |
| Chicago 6 Bedroom Apartments | $13,494 | $850 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Chicago
Chicago, IL Local Guide
- Chicago Neighborhoods
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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
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 ArticleCash 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.
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.
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Explore Chicago, IL Rentals by Map
See the most popular apartments and homes in Chicago, IL
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 $700.
What is the price of a cheap apartment in Chicago?
The cheapest apartment in Chicago is Coleman Place At Legends South which is listed at $170, while the average apartment in Chicago costs $7,326.
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 5,565 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 $510 which is $6,816 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
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.
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.