
Cheap Apartments for Rent in Chicago, IL from $400 with Utilities Included (1,076 Rentals) Page 3 of 22
Apartments with Utilities Included.
Cheap Apartments in Chicago.


8524-8532 W Gregory St

Loyola Beach Apartments

4756 N Maplewood Ave

2415-2417 W Birchwood Ave

14 West Elm Apartments

930 W. Winona

Sheridan Lake - 6401 N Sheridan Rd

1100 North Lasalle

451 W. Wrightwood
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!

Buena Terrace - 4242 N Sheridan Rd

1522 N La Salle Dr

850 Argyle Place

Lathrop

4241 Kenmore Apartments

25 W Hubbard St

Chatelaine Apartments

935-941 E 81st St

Ingleside Building

Belle Plaine Apartments
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.

1121-1123 E 82nd St

7520 S. Coles Avenue

South Beach Apartments

3207 N Keating Ave

5401 S Ellis Ave

Canvas at Leland Plaza

The Midwest Apartments

11000 S Michigan Ave

Park Shore View Apartments

6957 S Michigan Ave
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.

741-53 E 79th St

6739 S Jeffery Blvd

7241-7255 S Constance Ave

First InSite 8044 S Chatam II

South Shore Neighborhood Apartments

First InSite 7959 S Ashland Apartments

1536 E. 83rd Place

7622 N Sheridan Rd

7256 S Rhodes Ave

7948-7958 S Ingleside 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

7945-7955 S. Drexel Ave.

6314 S Troy St

963 E 84th St

7451 S Vernon Ave

6945 S Crandon Ave

6838 S Jeffery Blvd

Oglesby Arms

7600-14 S South Shore Dr

The Doral

8232 S Drexel 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 | $2,044 | $595 | $8,604 |
| Chicago 1 Bedroom Apartments | $2,478 | $640 | $9,987 |
| Chicago 2 Bedroom Apartments | $3,072 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,724 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,719 | $924 | $10,000+ |
| Chicago 5 Bedroom Apartments | $7,472 | $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 $5,106.
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 2,986 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 $515 which is $4,591 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.