Cheap Apartments for Rent in Chicago, IL from $400 with Washer/Dryer (234 Rentals) Page 4 of 5

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

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The Onyx on Hoyne
Studio to 3 Bedroom Apartments

The Onyx on Hoyne

7340 N Hoyne AveChicago, IL 60645
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1319-1327 W Sherwin Ave
1 to 2 Bedroom Apartments

1319-1327 W Sherwin Ave

1319-1327 W Sherwin AveChicago, IL 60626
  • Utilities Included
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Luxury condo unit
Studio to 3 Bedroom Apartments

Luxury condo unit

333 N CanalChicago, IL 60606
Corporate Housing
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600 N Lake Shore Dr
Studio to 3 Bedroom Apartments

600 N Lake Shore Dr

600 N Lake Shore DrChicago, IL 60611
Furnished
  • Utilities Included
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55 E Erie St
Studio to 3 Bedroom Apartments

55 E Erie St

55 E Erie StChicago, IL 60611
Corporate Housing
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R+D659
Studio to 4 Bedroom Apartments

R+D659

645-659 W Randolph StChicago, IL 60661
Furnished
  • Smoke Free
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Illume
Studio to 3 Bedroom Apartments

Illume

111 S Peoria StChicago, IL 60607
Furnished
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Cornelia
2 to 3 Bedroom Apartments

Cornelia

4715-4731 W Cornelia AveChicago, IL 60641
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Ivy at Drexel
1 to 3 Bedroom Apartments

Ivy at Drexel

5235-5245 S Drexel AveChicago, IL 60615
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920 W Cullom
2 to 3 Bedroom Apartments

920 W Cullom

920 W CullomChicago, IL 60613
  • Utilities Included
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Wicker Park Lofts
Studio to 3 Bedroom Apartments

Wicker Park Lofts

1515-1519 W Haddon AveChicago, IL 60642
  • Utilities Included
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The Ivy
Studio to 2 Bedroom Apartments

The Ivy

941 W Carmen AveChicago, IL 60640
  • Utilities Included
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2001 S State St
2 to 3 Bedroom Apartments

2001 S State St

2001 S State StChicago, IL 60616
  • Utilities Included
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5630 N Sheridan Rd
Studio to 1 Bedroom Apartments

5630 N Sheridan Rd

5630 N Sheridan RdChicago, IL 60660
  • Utilities Included
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Montauk
Studio to 2 Bedroom Apartments

Montauk

1550 N Wieland StChicago, IL 60610
  • Utilities Included
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528 Oakdale
Studio to 2 Bedroom Apartments

528 Oakdale

528 W Oakdale AveChicago, IL 60657
  • Utilities Included
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The Brewery Lofts
1 to 2 Bedroom Apartments

The Brewery Lofts

1301 W Fletcher StChicago, IL 60657
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5827 N Ridge Ave
Studio to 2 Bedroom Apartments

5827 N Ridge Ave

5827 N Ridge AveChicago, IL 60660
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Mayan Lagoon
1 to 3 Bedroom Apartments

Mayan Lagoon

1345-1359 W Estes AveChicago, IL 60626
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5860 N Ridge Ave
2 to 3 Bedroom Apartments

5860 N Ridge Ave

5860 N Ridge AveChicago, IL 60660
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5055 S Dorchester Ave
Studio to 3 Bedroom Apartments

5055 S Dorchester Ave

5055 S Dorchester AveChicago, IL 60615
  • Utilities Included
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817 W Lakeside Place
Studio to 1 Bedroom Apartments

817 W Lakeside Place

817 W Lakeside PlChicago, IL 60640
  • Utilities Included
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3221 N California Ave
1 Bedroom Apartments

3221 N California Ave

3221 N California AveChicago, IL 60618
  • Utilities Included
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2848-50 W.Diversey
2 Bedroom Apartments

2848-50 W.Diversey

2848 W Diversey AveChicago, IL 60647
  • Utilities Included
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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 Westhaven Park II - C which is listed at $754, while the average apartment in Chicago costs $7,734.

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 4,934 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 $485 which is $7,249 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

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.

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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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

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.

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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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.