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1 Bedroom Apartments
1555-1557 W Diversey Pky
1555-1557 W Diversey PkyChicago, IL 60614
Cheap Apartments for Rent in Chicago, IL from $400 with Washer/Dryer (209 Rentals) Page 3 of 5
Search the lowest-cost Apartments available for rent right now in Chicago.
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Studio to 4 Bedroom Apartments
Park Heights by the Lake Apartments
2231 E 67th StChicago, IL 60649
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Studio to 2 Bedroom Apartments
5653-59 N. Magnolia
5653-5659 N Magnolia AveChicago, IL 60660
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1 to 3 Bedroom Apartments
Pratt At The Lake
1120 W Pratt BlvdChicago, IL 60626
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Studio to 2 Bedroom Apartments
The Mabel Exchange Apartments
5920 N Ridge AveChicago, IL 60660
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Studio Apartments
701 W Brompton
701 W Brompton AveChicago, IL 60657
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Studio to 2 Bedroom Apartments
1912 S Throop St
1912 S Throop StChicago, IL 60608
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1 Bedroom Apartments
1942 N Whipple St
1942 N Whipple StChicago, IL 60647
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3 Bedroom Apartments
6147 S Vernon Ave
6147 S Vernon AveChicago, IL 60637
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Studio to 3 Bedroom Apartments
Elm 551 at Parkside
551 W Elm StChicago, IL 60610
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.
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Studio to 2 Bedroom Apartments
1325 W Wilson
1325 W Wilson AveChicago, IL 60640
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1 to 2 Bedroom Apartments
1735-1743 W Bryn Mawr Ave
1735-1743 W Bryn Mawr AveChicago, IL 60660
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1 to 2 Bedroom Apartments
663 W Melrose St
663 W Melrose StChicago, IL 60657
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Studio to 2 Bedroom Apartments
7334 N Ridge Blvd
7334 N Ridge BlvdChicago, IL 60645
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1 to 2 Bedroom Apartments
Beacon-Leland Building
1415-1419 W Leland AveChicago, IL 60640
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2 Bedroom Apartments
3435 W Berteau Ave 3C
3435 W Berteau AveChicago, IL 60618
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1 to 2 Bedroom Apartments
2828 N. Lawndale Ave.
2828 N Lawndale AveChicago, IL 60618
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1 to 2 Bedroom Apartments
6752 N Sauganash Ave
6752-6770 N Sauganash AveChicago, IL 60646
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2 Bedroom Apartments
2322 W. Thomas St.
2729 W Thomas StChicago, IL 60622
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1 to 3 Bedroom Apartments
6616 N. Glenwood
6616-6618 N Glenwood AveChicago, IL 60626
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.
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1 Bedroom Apartments
Hollywood Towers
5701 N Sheridan RdChicago, IL 60660
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1 to 3 Bedroom Apartments
4128-34 W. Addison St. / 3601-03 N. Kedvale Ave
4128-4134 W Addison StChicago, IL 60641
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1 to 3 Bedroom Apartments
2528-2542 W Fitch Ave
2528-2542 W Fitch AveChicago, IL 60645
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Studio to 3 Bedroom Apartments
Southport Lofts
2061 N Southport AveChicago, IL 60614
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Studio to 2 Bedroom Apartments
4102 N Sheridan Rd
4102 N Sheridan RdChicago, IL 60613
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1 to 2 Bedroom Apartments
1319-1327 W Sherwin Ave
1319-1327 W Sherwin AveChicago, IL 60626
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1 to 2 Bedroom Apartments
2240 West Morse Apartments
2240-2250 W Morse AveChicago, IL 60645
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1 to 2 Bedroom Apartments
1243 W 32nd St
1243 W 32nd StChicago, IL 60608
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Studio to 3 Bedroom Apartments
Commonwealth on the Park Apartments
331 W Oakdale AveChicago, IL 60657
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Studio to 4 Bedroom Apartments
R+D659
645-659 W Randolph StChicago, IL 60661
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.
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Studio to 3 Bedroom Apartments
Luxury condo unit
333 N CanalChicago, IL 60606
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Studio to 3 Bedroom Apartments
600 N Lake Shore Dr
600 N Lake Shore DrChicago, IL 60611
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Studio to 3 Bedroom Apartments
55 E Erie St
55 E Erie StChicago, IL 60611
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2 to 3 Bedroom Apartments
Cornelia
4715-4731 W Cornelia AveChicago, IL 60641
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1 to 3 Bedroom Apartments
The Trilogy at Hyde Park
1310-1316 E Hyde Park BlvdChicago, IL 60615
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1 to 3 Bedroom Apartments
Ivy at Drexel
5235-5245 S Drexel AveChicago, IL 60615
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2 to 3 Bedroom Apartments
920 W Cullom
920 W CullomChicago, IL 60613
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Studio to 1 Bedroom Apartments
5630 N Sheridan Rd
5630 N Sheridan RdChicago, IL 60660
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Studio to 2 Bedroom Apartments
Montauk
1550 N Wieland StChicago, IL 60610
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2 to 4 Bedroom Apartments
6922-24 N. Greenview Ave.
6922-6924 N Greenview AveChicago, IL 60626
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.
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Studio to 1 Bedroom Apartments
Centrum Lakeview Phase II
3418 N Lincoln AveChicago, IL 60657
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1 to 3 Bedroom Apartments
808 W Junior Terrace
808 W Junior TerChicago, IL 60613
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1 Bedroom Apartments
3517 N Racine Ave
3517 N Racine AveChicago, IL 60657
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1 to 2 Bedroom Apartments
Cortland
3508-3510 W Cortland StChicago, IL 60647
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2 Bedroom Apartments
Prairie Court Apartments
7715-7719 N Ashland AveChicago, IL 60626
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1 to 2 Bedroom Apartments
The Brewery Lofts
1301 W Fletcher StChicago, IL 60657
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1 to 2 Bedroom Apartments
2201 W Eastwood Ave
2201 W Eastwood AveChicago, IL 60625
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Studio to 2 Bedroom Apartments
528 Oakdale
528 W Oakdale AveChicago, IL 60657
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Studio to 2 Bedroom Apartments
5827 N Ridge Ave
5827 N Ridge AveChicago, IL 60660
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Studio to 3 Bedroom Apartments
5055 S Dorchester Ave
5055 S Dorchester AveChicago, IL 60615
Showing Results 101-150, Page 3 of 5
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 | $2,039 | $595 | $9,999 |
| Chicago 1 Bedroom Apartments | $2,459 | $640 | $9,168 |
| Chicago 2 Bedroom Apartments | $3,055 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,710 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,932 | $1,025 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,438 | $2,995 | $10,000+ |
| Chicago 6 Bedroom Apartments | $16,906 | $7,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Chicago, IL Area Reviews
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Write a ReviewNicole • 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 $2,316.
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 2,553 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 $453 which is $1,863 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.