
Cheap Apartments for Rent in Chicago, IL from $595 (2,930 Rentals) Page 15 of 59
Search the lowest-cost Apartments available for rent right now in Chicago.


4241 Kenmore Apartments

Sheridan Apartments

850 Argyle Place

Total Monthly Price
6343 N Magnolia Ave, Unit 3C

7607-7609 S Normal Ave

1522 N La Salle Dr

6656 S Woodlawn Ave, Unit 3

Total Monthly Price
1626 S Karlov Ave, Unit 2

Total Monthly Price
1312 W Erie St, Unit 1 Br Apartment

Total Monthly Price
1136 N La Salle Dr

Total Monthly Price
1904 W Wabansia Ave, Unit 1

5005 W Ferdinand St, Unit 5007 w #1

Total Monthly Price
522 W Briar Pl, Unit 8I

4356 S Wells St

6341 S Elizabeth St

7952 S Carpenter St

7637 S Kingston Ave

Total Monthly Price
3036 N Drake Ave, Unit 3036-1R

4700 W Monroe St

3302 W Fulton Blvd

1633 W 76th St

1501 N Leamington Ave

2704 E 77th St

Total Monthly Price
2605 W 65th St, Unit 1E

7741 S Yates Blvd

Total Monthly Price
5624 N Marmora Ave, Unit Garden

2439 W Birchwood Ave

2840 W Fulton St, Unit 2F

2037 N Kildare Ave, Unit 2037 2W

1263 W Pratt

7609 N Eastlake Terrace

1552 W Highland Ave

6149-6151 S Evans Ave

2754 W North Shore Ave, Unit 2S

Total Monthly Price
2827 W 23rd St, Unit 2B

Total Monthly Price
619 N Menard Ave, Unit 2

4112 W Wellington Ave

834 N Christiana Ave

4004 N Bell Ave

5534 W Bryn Mawr Ave

1222 S Karlov Ave, Unit 3

2238 W 21st St

2754 W North Shore Ave, Unit 2754 West North Shore Ave

7050 W Higgins Ave

1316 S Springfield Ave

2307 N Austin Ave

827 W 33rd Pl

1141 S Francisco Ave

7800 S Burnham Ave
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 | $2,074 | $595 | $9,999 |
| Cheap Chicago 1 Bedroom Apartments | $2,460 | $640 | $9,075 |
| Cheap Chicago 2 Bedroom Apartments | $3,062 | $762 | $10,000+ |
| Cheap Chicago 3 Bedroom Apartments | $3,703 | $695 | $10,000+ |
| Cheap Chicago 4 Bedroom Apartments | $4,298 | $1,025 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,459 | $2,995 | $10,000+ |
| Chicago 6 Bedroom Apartments | $19,285 | $7,000 | $10,000+ |
Browse Top Apartments in Chicago
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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 $2,325.
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 2,762 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 $459 which is $1,866 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
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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
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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
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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

Rent According to Income: A Look at Income-Restricted Rentals
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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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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
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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.