
Cheap Apartments for Rent in Chicago, IL from $400 (2,515 Rentals) Page 13 of 51
Search the lowest-cost Apartments available for rent right now in Chicago.


541 W Arlington Pl, Unit M04B

515 W Arlington Pl, Unit M07B

552 W Arlington Pl, Unit M09B

1646 W Fargo Ave

7310 S Dante Ave

2614 N Springfield Ave, Unit 1F

Wyndham Apartments

1021 N Lamon Ave

Sheridan Tower - 5650 N Sheridan Rd

Twin Towers Apartments

2026 N Kedvale Ave, Unit 1

5920 N Ridge Ave

Buena Terrace - 4242 N Sheridan Rd

3346 N Marshfield Ave, Unit M08B

3350 N Marshfield Ave, Unit S

639 W Wrightwood Ave, Unit #507

641 W Wrightwood Ave, Unit M07B

1154 N Dearborn St, Unit M07B

665 W Wrightwood Ave, Unit M08B

2934 W Palmer St, Unit 2936-105

4409 N Kenneth Ave, Unit 1A

2777 N Milwaukee Ave, Unit 01

6219 S Kenwood Ave

6223 S Kenwood Ave

508 W 46th St

659 W Wrightwood Ave, Unit M00B

4738 N Hermitage Ave, Unit M01B

4612 N Drake Ave

4960 N Marine Dr, Unit 411

8148 S Kenwood Ave, Unit 2n Fl

4735 N Hermitage Ave, Unit 404

648 W Wrightwood Ave, Unit 311

4735 N Hermitage Ave, Unit 407

2770 N Milwaukee Ave, Unit #234- Studio

3335 W Diversey Ave, Unit 107

3921 N Pine Grove Ave, Unit 3E

645 W Wrightwood Ave, Unit A03C
Chicago, IL Local Guide

How much does it cost to rent an apartment in Chicago?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Chicago Studio Apartments | $2,068 | $575 | $10,000+ |
Cheap Chicago 1 Bedroom Apartments | $2,671 | $575 | $10,000+ |
Cheap Chicago 2 Bedroom Apartments | $3,179 | $900 | $10,000+ |
Cheap Chicago 3 Bedroom Apartments | $3,681 | $1,050 | $10,000+ |
Cheap Chicago 4 Bedroom Apartments | $3,183 | $1,040 | $10,000+ |
Chicago 5 Bedroom Apartments | $5,279 | $2,150 | $10,000+ |
Chicago 6 Bedroom Apartments | $6,716 | $4,795 | $10,000+ |
Browse Top Apartments in Chicago
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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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $3,513.
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 2,005 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 $432 which is $3,081 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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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.

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.