
Cheap Apartments for Rent in Chicago, IL from $400 with Utilities Included (1,064 Rentals) Page 3 of 22
Apartments with Utilities Included.
Cheap Apartments in Chicago.


850 Argyle Place

1522 N La Salle Dr

25 W Hubbard St

Chatelaine Apartments

935-941 E 81st St

Ingleside Building

Belle Plaine Apartments

1121-1123 E 82nd St

South Beach Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

7520 S. Coles Avenue

3207 N Keating Ave

5401 S Ellis Ave

Canvas at Leland Plaza

The Midwest Apartments

Park Shore View Apartments

11000 S Michigan Ave

6957 S Michigan Ave

741-53 E 79th St

6739 S Jeffery Blvd
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

First InSite 8044 S Chatam II

7241-7255 S Constance Ave

South Shore Neighborhood Apartments

First InSite 7959 S Ashland Apartments

7622 N Sheridan Rd

7256 S Rhodes Ave

7948-7958 S Ingleside Ave

7945-7955 S. Drexel Ave.

6314 S Troy St

6838 S Jeffery Blvd
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.

6945 S Crandon Ave

7451 S Vernon Ave

Oglesby Arms

7600-14 S South Shore Dr

The Doral

8232 S Drexel Ave

5651 N Christiana Ave

Wilson Apartments

4735-4737 N Malden St

Devonshire Apartments
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.

7903 S Rhodes Ave

New Venture Realty Chatham Apartments

7517 S. Coles

Garfield Apartments

Shore View Apartments

8100 S Justine St

2207 E 75th St

1 Bedroom Chicago Apartment For Rent

6700 S Merrill Ave

4142 N Keystone Ave
Who Pays for Utilities? Landlord or Tenant?
Your Guide to Understanding Who is Responsible for Which Utilities for When Renting. Click Below to Read More
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 | $2,056 | $595 | $9,999 |
| Chicago 1 Bedroom Apartments | $2,461 | $640 | $9,168 |
| Chicago 2 Bedroom Apartments | $3,069 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,738 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $4,081 | $1,025 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,445 | $2,995 | $10,000+ |
| Chicago 6 Bedroom Apartments | $16,894 | $7,000 | $10,000+ |
Browse Top Apartments in Chicago
See all Apartments in ChicagoExplore 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 $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 $2,322.
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 2,500 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 $460 which is $1,862 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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Written by: Nicole Harms
When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Written by: Nicole Harms
I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Written by: Nicole Harms
Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.