
Cheap Apartments for Rent in Chicago, IL from $400 (2,789 Rentals) Page 23 of 56
Search the lowest-cost Apartments available for rent right now in Chicago.


Shore View Apartments

Garfield Apartments

8100 S Justine St

2207 E 75th St

Mayfair Commons - Senior Community

1 Bedroom Chicago Apartment For Rent

8249 S Evans

4142 N Keystone Ave

The Coronado

7701 S Cottage Grove

6700 S Merrill Ave

8000 S Marshfield Ave

4717 N. Winthrop Apartments

7903 S Eberhart

7845 S Colfax

3244-3246 N Pulaski Rd

6131 N Winthrop Ave

7900 S Essex

Emerald Tower

6104 S Campbell Ave 2501-11 W 61st Chicago, IL 60629

North Town Village

5935 N Northwest Hwy

1255 W. Bryn Mawr

1523 W Chicago Ave

5035 S King Dr

3030 E. 79th Street

Ohio Commons

1643-1653 E 85th Pl

1600 W Morse Ave

Agatite

Hyde Park / Kenwood

913-915 W Sheridan Rd

6820 S Michigan Ave

6301 N Winthrop Ave

1001-1005 S Mayfield Ave

6320-6328 S Troy St

Chatham Park Village-Cooperative (Membership)

7327-7329 S Saint Lawrence Ave

73rd St

6830 N Sheridan Rd

6173-6179 N Northwest Hwy

5130 S Dr Martin Luther King Jr Dr Chicago, IL 60615

Lunt Street Apartments

9001 S Commercial Ave Chicago, IL 60617

Roosevelt Place Senior Apartments

Shorewind Court Apartments

Historic Strand Apartments

2235 E 71st St Chicago, IL 60649

South Shore Drive
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 | $1,970 | $575 | $5,295 |
| Cheap Chicago 1 Bedroom Apartments | $2,414 | $650 | $10,000+ |
| Cheap Chicago 2 Bedroom Apartments | $2,981 | $850 | $10,000+ |
| Cheap Chicago 3 Bedroom Apartments | $3,750 | $740 | $10,000+ |
| Cheap Chicago 4 Bedroom Apartments | $4,005 | $1,040 | $10,000+ |
| Chicago 5 Bedroom Apartments | $9,281 | $2,400 | $10,000+ |
| Chicago 6 Bedroom Apartments | $13,898 | $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 $7,197.
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 5,768 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 $505 which is $6,692 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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.