
Cheap Apartments for Rent in Chicago, IL from $400 with Utilities Included (1,074 Rentals) Page 15 of 22
Apartments with Utilities Included.
Cheap Apartments in Chicago.


5800 North Sheridan

Birchwood Manor Apartments

516 W. Briar Pl.

Rogers Park Apartments

6037-6043 N Kenmore Ave

2240 West Morse Apartments

1319-1327 W Sherwin Ave

Portage Park Theater Apartments

Commonwealth on the Park Apartments

6654 W Devon Ave

6849-6875 S Crandon Ave

1020 W Ardmore Ave

7152 S East End Ave

The Sherwin at Jarvis Square

Somerset Place Apartments

6720 N Sheridan

415 W. Fullerton

600 N Lake Shore Dr

Reside at 823

520 W Belden Ave

4705 N Central Park Ave

530 W. Arlington Pl.

2303 W Cullerton St

920 W Cullom

1200 W Addison St

6101 S Langley Ave

2218 W Chicago Ave

Waveland Park Court

660 W. Barry

2724 W Lunt Ave

1623 W 61st St

1510-1514 W Rosemont Ave

906 W Montrose Ave

Reside at 849

701 S Karlov

3001 W Lawrence Ave

2519 N Lincoln Ave

707 W 28th St

The Ivy

6874 N NW Highway

1215 W. Diversey

Leavitt Manor Apartments

Reside on Stratford

5630 N Sheridan Rd

Montauk

2047-2049 W Berwyn Ave

2415-2417 W Birchwood Ave

6922-24 N. Greenview Ave.

1400-1410 W Rosemont Ave
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 | $2,041 | $595 | $8,604 |
| Chicago 1 Bedroom Apartments | $2,479 | $640 | $10,000+ |
| Chicago 2 Bedroom Apartments | $3,091 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,741 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,863 | $924 | $10,000+ |
| Chicago 5 Bedroom Apartments | $7,461 | $1,995 | $10,000+ |
| Chicago 6 Bedroom Apartments | $6,960 | $6,700 | $7,350 |
Explore Chicago
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 $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 $6,817.
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 3,655 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 $471 which is $6,346 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.