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$1,450 - $2,000Studio to 1 Bedroom Apartments Available Nov 1
Grace Street Towers
635 W Grace StChicago, IL 60613
Top Rated Cheap Apartments for Rent in Chicago, IL from $400 (287 Rentals) Page 2 of 6
Top Rated Apartments in Chicago.
Cheap Apartments in Chicago.
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$1,450 - $3,725Studio to 3 Bedroom Apartments Contact Us For Availability
Roosevelt Square
1357 W Roosevelt RdChicago, IL 60608
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$1,486 - $1,584Studio Apartments Available Now
455 W. Wellington
455 W Wellington AveChicago, IL 60657
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$1,495 - $5,000Studio to 3 Bedroom Apartments Available Now
Anderson Point
5700 N Ashland AveChicago, IL 60660
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$1,495 - $1,595Studio to 3 Bedroom Apartments Available Sep 30
Pittsfield Apartments
55 E Washington StChicago, IL 60602
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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$1,500 - $1,900Studio to 1 Bedroom Apartments Available Now
Park Dearborn
1260 N Dearborn StChicago, IL 60610
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Rent Specials
$1,500 - $2,100Studio to 1 Bedroom Apartments Available Now
Canterbury Court Apartments
1220 N State PkyChicago, IL 60610
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$1,504 - $2,661Studio to 2 Bedroom Apartments Available Now
441 W. Barry
441 W Barry AveChicago, IL 60657
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$1,510Studio to 2 Bedroom Apartments Available Now
EDGE on Broadway
6145-6147 N Broadway StChicago, IL 60660
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$1,525 - $1,645Studio Apartments Contact Us For Availability
451 W. Wrightwood
451 W Wrightwood AveChicago, IL 60614
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$1,527 - $3,937Studio to 3 Bedroom Apartments Available Now
The Bryn - 5600 N Sheridan Rd
5600 N Sheridan RdChicago, IL 60660
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$1,540 - $2,778Studio to 1 Bedroom Apartments Available Now
Oakdale Terrace - 525 W Oakdale Ave
525 W Oakdale AveChicago, IL 60657
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$1,550 - $2,4751 to 2 Bedroom Apartments Available Now
4180 Marine Terrace Apartments
4180 N Marine DrChicago, IL 60613
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$1,553 - $2,203Studio to 1 Bedroom Apartments Available Now
350 W Oakdale
350 W Oakdale AveChicago, IL 60657
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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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$1,568 - $2,5301 to 2 Bedroom Apartments Available Now
Uptown Regency - 5050 N Sheridan Rd
5050 N Sheridan RdChicago, IL 60640
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$1,570 - $2,0801 to 2 Bedroom Apartments Contact Us For Availability
Westhaven Park Station
145 N Damen StChicago, IL 60612
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$1,595 - $4,605Studio to 2 Bedroom Apartments Available Now
The Montrose
4334 N Hazel StChicago, IL 60613
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$1,599 - $3,719Studio to 2 Bedroom Apartments Available Now
Algonquin Apartments
1606 E Hyde Park BlvdChicago, IL 60615
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Studio to 2 Bedroom Apartments
First InSite 7959 S Ashland Apartments
7959 S Ashland AveChicago, IL 60620
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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Studio to 3 Bedroom Apartments
New Venture Realty Chatham Apartments
8122 S Indiana AveChicago, IL 60619
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1 to 2 Bedroom Apartments
Roosevelt Place Senior Apartments
1401-1431 W Roosevelt RdChicago, IL 60608
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Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
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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 | $1,877 | $575 | $8,711 |
| Chicago 1 Bedroom Apartments | $2,335 | $700 | $9,250 |
| Chicago 2 Bedroom Apartments | $2,994 | $825 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,658 | $788 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,934 | $650 | $10,000+ |
| Chicago 5 Bedroom Apartments | $9,594 | $1,650 | $10,000+ |
| Chicago 6 Bedroom Apartments | $14,543 | $1,795 | $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 $775.
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 $6,253.
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 2,668 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 $513 which is $5,740 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.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.