
Cheap Apartments for Rent in Chicago, IL from $400 (2,749 Rentals) Page 19 of 55
Search the lowest-cost Apartments available for rent right now in Chicago.


4830 N Damen Ave, Unit A04C

5533 N Kenmore Ave, Unit 206

4112 N Kedvale Ave

4210 N Kilpatrick Ave

8057 S Sangamon St, Unit 2

1226 N Maplewood Ave, Unit G07C

1228 N Maplewood Ave, Unit 1R

5902 S Prairie Ave

6329 S Loomis Blvd

11925 S Lawndale Ave

Beachside Apartments

The Draper

1100 North Lasalle

Presidential Towers

Berteau Manor

4604 N Monticello Ave, Unit 3E

6015 N Claremont Ave

6119 N Wolcott Ave

5041 W Dickens Ave

428 W Wellington Ave, Unit #204

7440 N Artesian Ave, Unit Unit 2434-3

1630 W Sunnyside Ave, Unit 1614

6119 N Wolcott Ave, Unit 3

3333 N Marshfield Ave, Unit 102

4008 W Nelson St, Unit 8A

633 W Barry Ave, Unit 1

835 W Wolfram St, Unit 3

541 W Belmont Ave, Unit 2

3346 N Marshfield Ave, Unit 1

1450 W Byron St

3818 N Kedzie Ave

10651 S Hale Ave

637 W Wrightwood Ave, Unit A06C

1651 W Jonquil Ter, Unit 12

437 W Belden Ave, Unit B206

2832 W Palmer St, Unit 301

627 W Melrose St, Unit 2

1555 W Hollywood Ave, Unit Stu

1100 W George St, Unit #110

1517 W Howard St, Unit 304

4750 N Sheridan Rd, Unit 1

3346 N Marshfield Ave, Unit 209

1500 E 73rd St

6000 W Seminole St

West Grace Street

Anderson Point

Buena Shores

122 N Menard 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 | $1,969 | $575 | $5,295 |
| Cheap Chicago 1 Bedroom Apartments | $2,403 | $650 | $10,000+ |
| Cheap Chicago 2 Bedroom Apartments | $2,972 | $850 | $10,000+ |
| Cheap Chicago 3 Bedroom Apartments | $3,768 | $740 | $10,000+ |
| Cheap Chicago 4 Bedroom Apartments | $4,019 | $1,040 | $10,000+ |
| Chicago 5 Bedroom Apartments | $8,924 | $2,400 | $10,000+ |
| Chicago 6 Bedroom Apartments | $15,260 | $2,925 | $10,000+ |
Browse Top Apartments in Chicago
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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 $710.
What is the price of a cheap apartment in Chicago?
The cheapest apartment in Chicago is Coleman Place At Legends South which is listed at $170, while the average apartment in Chicago costs $7,344.
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 5,888 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 $503 which is $6,841 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

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.

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.

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.

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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
