
Top Rated Cheap Apartments for Rent in Chicago, IL from $600 (109 Rentals) Page 2 of 3
Top Rated Apartments in Chicago.
Cheap Apartments in Chicago.


7333 Ridge

536 W. Addison

437-59 W. Belmont Ave.

7334 N Ridge Blvd

1246 W. Pratt

The Sherwin at Jarvis Square

520 W Belden Ave

4501-4515 N Malden St

720 W Gordon Terrace
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!

Avers & Lawrence

The Brewery Lofts

Farcroft Park

7640 S Stewart Ave

8209 S Ellis Avenue (NEW)

Reside on Wellington

Ivy Promenade

1850 N. Clark St.

20 E. Scott Street

4915-4919 N Damen Ave
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

734-44 W. Aldine

Pinnacle Apartments

Sandridge Apartments

Heritage Senior Apartments - 55 and over

304 W Touhy Ave

ReNew Des Plaines North & South

Fairway Green Apartments

Forest Cove Apartments

Oak Trails Apartments

Main Station Apartments
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Brentwood on the Pond

The Eagles

Kenmore Park Apartments in Elmhurst

415 Premier Apartments

Knox Apartments

1123 N 33rd Ave

Live in Oak Park

Elmwood Towers

Montclair Manor

Riverwalk Senior Residences
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504-508 S. Cuyler Ave.

Royal Arms Apartments

1419 Washington St

14021 S Tracy

ReNew Des Plaines North

Des Plaines Apartments

Greenfield Square Apartments

1000 Hinman

9565 Franklin Ave

Salt Creek Apartments
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.
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 | $2,046 | $600 | $10,000+ |
| Chicago 1 Bedroom Apartments | $2,495 | $650 | $9,999 |
| Chicago 2 Bedroom Apartments | $3,109 | $850 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,761 | $695 | $10,000+ |
| Chicago 4 Bedroom Apartments | $4,526 | $1,025 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,438 | $750 | $10,000+ |
| Chicago 6 Bedroom Apartments | $11,160 | $1,795 | $10,000+ |
Browse Top Apartments in Chicago
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Chicago, IL Area Reviews
Nicole • 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 $726.
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 $2,362.
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 3,851 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 $456 which is $1,906 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.
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