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Studio to 2 Bedroom Apartments
The Mabel Exchange Apartments
5920 N Ridge AveChicago, IL 60660
Top Rated Cheap Apartments for Rent in Chicago, IL from $400 (87 Rentals) Page 2 of 2
Top Rated Apartments in Chicago.
Cheap Apartments in Chicago.
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1 to 3 Bedroom Apartments
437-59 W. Belmont Ave.
437-459 W Belmont AveChicago, IL 60657
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Studio to 2 Bedroom Apartments
7334 N Ridge Blvd
7334 N Ridge BlvdChicago, IL 60645
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1 to 3 Bedroom Apartments
The Dickens Courtyard
3631 W Dickens AveChicago, IL 60647
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Studio to 2 Bedroom Apartments
1246 W. Pratt
1246 W Pratt BlvdChicago, IL 60626
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Studio to 1 Bedroom Apartments
The Sherwin at Jarvis Square
1608 W SherwinChicago, IL 60626
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Studio to 2 Bedroom Apartments
520 W Belden Ave
520 W Belden AveChicago, IL 60614
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Studio to 2 Bedroom Apartments
720 W Gordon Terrace
720 W Gordon TerChicago, IL 60613
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1 to 2 Bedroom Apartments
The Brewery Lofts
1301 W Fletcher StChicago, IL 60657
Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.
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$1,150 - $1,1751 Bedroom Apartments Available Now
Pinnacle Apartments
7429 Southwest HwyWorth, IL 60482
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$1,245 - $1,4251 to 2 Bedroom Apartments Available Now
Heritage Senior Apartments - 55 and over
3715 W 123rd PlAlsip, IL 60803
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$1,450 - $1,7951 to 2 Bedroom Apartments Available Jun 8
304 W Touhy Ave
304 W Touhy AvePark Ridge, IL 60068
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Rent Specials
$1,4502 Bedroom Apartments Available Jul 1
Sandridge Apartments
1 158th PlCalumet City, IL 60409
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$1,479 - $2,429Studio to 3 Bedroom Apartments Available Now
ReNew Des Plaines North & South
730 W Algonquin RdDes Plaines, IL 60016
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Rent Specials
$1,507 - $2,4191 to 2 Bedroom Apartments Available Now
Forest Cove Apartments
1706 Forest Cove DrMount Prospect, IL 60056
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$1,545 - $1,7951 to 2 Bedroom Apartments Available Jun 27
Kenmore Park Apartments in Elmhurst
109-119 S Kenmore AveElmhurst, IL 60126
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$1,555 - $2,0351 to 2 Bedroom Apartments Contact Us For Availability
Fairway Green Apartments
640 S York RdBensenville, IL 60106
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Rent Specials
$1,591 - $2,695Studio to 2 Bedroom Apartments Available Now
Main Station Apartments
855 Hinman AveEvanston, IL 60202
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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$1,6002 Bedroom Apartments Available Jun 15
Oak Trails Apartments
375 Oak Trails RdDes Plaines, IL 60016
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$1,6001 Bedroom Apartments Available Jun 19
Orchard Estates Apartments
4622 W 122nd StAlsip, IL 60803
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Studio to 1 Bedroom Apartments
Knox Apartments
15301-15310 S Knox Ave, OakOak Forest, IL 60452
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1 Bedroom Apartments
1123 N 33rd Ave
1123 N 33rd AveMelrose Park, IL 60160
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Studio to 3 Bedroom Apartments
Live in Oak Park
1041 South BlvdOak Park, IL 60302
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Studio to 1 Bedroom Apartments
Elmwood Towers
7300 W North AveElmwood Park, IL 60707
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1 to 3 Bedroom Apartments
Montclair Manor
11625-57 S Pulaski RdAlsip, IL 60803
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1 Bedroom Apartments
Salt Creek
125 S Villa AveAddison, IL 60101
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1 to 2 Bedroom Apartments
Riverwalk Senior Residences
8019 Ogden AveLyons, IL 60534
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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Studio to 1 Bedroom Apartments
Royal Arms Apartments
3001 N Thatcher AveRiver Grove, IL 60171
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1 Bedroom Apartments
1419 Washington St
1419 Washington StEvanston, IL 60202
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2 Bedroom Apartments
14021 S Tracy
14021 S Tracy AveRiverdale, IL 60827
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Studio to 3 Bedroom Apartments
ReNew Des Plaines North
270-290 S Beau DrDes Plaines, IL 60016
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1 to 2 Bedroom Apartments
Des Plaines Apartments
510-570 E Seegers RdDes Plaines, IL 60016
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1 to 2 Bedroom Apartments
Greenfield Square Apartments
640-650 W Algonquin RdDes Plaines, IL 60016
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Studio to 1 Bedroom Apartments
504-508 S. Cuyler Ave.
504-508 S Culyer AveOak Park, IL 60304
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1 Bedroom Apartments
9565 Franklin Ave
9565 Franklin AveFranklin Park, IL 60131
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Studio to 2 Bedroom Apartments
1000 Hinman
1000-1010 Hinman AveEvanston, IL 60202
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 Bedroom Apartments
947 South Blvd
947 South BlvdOak Park, IL 60302
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 | $2,023 | $600 | $9,940 |
| Chicago 1 Bedroom Apartments | $2,480 | $650 | $10,000+ |
| Chicago 2 Bedroom Apartments | $3,073 | $850 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,824 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,418 | $970 | $10,000+ |
| Chicago 5 Bedroom Apartments | $7,530 | $2,600 | $10,000+ |
| Chicago 6 Bedroom Apartments | $5,190 | $750 | $7,350 |
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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 $7,511.
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 3,367 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 $565 which is $6,946 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
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.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.