Cheap Apartments for Rent in Chicago, IL from $400 with Washer/Dryer (259 Rentals) Page 3 of 6

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Search the lowest-cost Apartments available for rent right now in Chicago.

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25 W Hubbard St
1 Bedroom Apartments

25 W Hubbard St

25 W Hubbard StChicago, IL 60654
  • Utilities Included
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7949 S St Lawrence
1 to 2 Bedroom Apartments

7949 S St Lawrence

7949 S Saint Lawrence AveChicago, IL 60619
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1203 W Balmoral
Studio Apartments

1203 W Balmoral

1203 W Balmoral AveChicago, IL 60640
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7516-7524 N Seeley Ave
Studio to 1 Bedroom Apartments

7516-7524 N Seeley Ave

7516-7524 N Seeley AveChicago, IL 60645
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Touhy - by - the - Lake
1 to 2 Bedroom Apartments

Touhy - by - the - Lake

1317-1325 W Touhy AveChicago, IL 60626
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Lakeside Tower
1 Bedroom Apartments

Lakeside Tower

910 W Lawrence AveChicago, IL 60640
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Rosenwald Courts
1 to 2 Bedroom Apartments

Rosenwald Courts

4600-4602 S Michigan AveChicago, IL 60653
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4815 N Springfield
1 to 2 Bedroom Apartments

4815 N Springfield

4815 N SpringfieldChicago, IL 60625
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Foswyn
Studio Apartments

Foswyn

5240 N Winthrop AveChicago, IL 60640
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2411 West Fitch
Studio Apartments

2411 West Fitch

2401 W Fitch AveChicago, IL 60645
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The North Hotel
Studio Apartments

The North Hotel

1622 N California AveChicago, IL 60647
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The Park Terrace
Studio to 2 Bedroom Apartments

The Park Terrace

2451 W Howard StChicago, IL 60645
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7320-7330 N Damen Ave
2 Bedroom Apartments

7320-7330 N Damen Ave

7320-7330 N Damen AveChicago, IL 60645
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Elevation Lofts
Studio to 3 Bedroom Apartments

Elevation Lofts

1531 W Howard StChicago, IL 60626
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The Ambassador
Studio Apartments

The Ambassador

5959 N Kenmore AveChicago, IL 60660
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The Westerner
Studio to 1 Bedroom Apartments

The Westerner

4620 N Western AveChicago, IL 60625
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1810 S Throop St
1 Bedroom Apartments

1810 S Throop St

1810 S Throop StChicago, IL 60608
  • Utilities Included

Getting Around Chicago, IL

Walk Score®

83 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

77 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

66 / 100

Good Transit

Many nearby public transportation options

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 $775.

What is the price of a cheap apartment in Chicago?

The cheapest apartment in Chicago is 5445 Ingleside By 3L Living which is listed at $748, while the average apartment in Chicago costs $3,403.

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 2,128 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 $419 which is $2,984 cheaper than the average rent for all rentals in Chicago.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.