Cheap Apartments for Rent in Chicago, IL from $595 (2,930 Rentals) Page 16 of 59

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

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2907 N Mildred
$1,625 - $1,795
Total Monthly Price

Total Monthly Price

Base Rent
$1,625 - $1,795
Total Monthly Price
$1,625 - $1,795
Studio Apartment Available Sep 1

2907 N Mildred

2907 N MildredChicago, IL 60657
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1056 N Central Ave, Unit 2
$1,625
Total Monthly Price

Total Monthly Price

Base Rent
$1,625
Total Monthly Price
$1,625
3 Bedroom Apartment Available Now

1056 N Central Ave, Unit 2

1056 N Central AveChicago, IL 60651
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property at 7645 N Sheridan Rd

$1,650 - $2,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,650 - $2,700
Total Monthly Price
$1,650 - $2,700

Studio To 3 Bedroom Homes for Rent

Available Now

7645 N Sheridan Rd

ChicagoIL60626
Showing Results 751-800, Page 16 of 59

Chicago, IL Area Reviews

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Nicole • 4+ years in Chicago

April 10, 2026

Big 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.

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Articles, How-To's, and Tips

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