
Cheap Apartments for Rent in Chicago, IL from $400 (2,750 Rentals) Page 20 of 55
Search the lowest-cost Apartments available for rent right now in Chicago.


7614 S Maryland Ave

6230 N Kenmore Ave

1553 W Hollywood Ave

52 W Elm St, Unit 1102

4766 N Virginia Ave

1420 S Central Park Ave, Unit 1F

4238 W Grenshaw St, Unit g

2970 N Ridgeway Ave, Unit J07P

3101 W 38th St, Unit 2F

3127 N Spaulding Ave, Unit 2

1918 South Sawyer Avenue, Unit apt 3

6411 N Talman Ave, Unit 301

5207 S Artesian Ave, Unit 1

2446 N Rutherford Ave, Unit 2

7028 S Peoria St, Unit 2

5522 S Loomis Blvd, Unit Loomis #1

5230 W Winona St, Unit B

4704 W Waveland Ave, Unit Floor 2

2314 S Seeley Ave, Unit Garden

1507 Elston N Ave, Unit 1R

4225 W Augusta Blvd, Unit 2F

10508 S Maryland Ave, Unit Quiet Community

2966 N Ridgeway Ave, Unit M09H

2970 N Ridgeway Ave, Unit B

4037 N Kenmore Ave, Unit J02P

2641 S Princeton Ave, Unit 1F

1200 W Addison St, Unit Garden

5423 W Quincy St, Unit 1

4406 N Rockwell St, Unit 2

3057 W Flournoy St

5436 W Ferdinand St

4330 S Martin Luther King Dr

6946 S Prairie Ave

6456 N Seeley Ave

1543 S Spaulding Ave

5230 N Delphia Ave

4533 S Richmond St

128 N Menard Ave

1913 S Troy St

6504 S Kilpatrick Ave

6402 S Eberhart Ave

632 N Central Park Ave

8105 S Green St

920 N Wolcott Ave

1811 S Komensky Ave

2246 N Leamington Ave

902 S Claremont Ave

2628 S Kedzie Ave

6324 N Albany 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.