
Cheap Apartments for Rent in Chicago, IL from $595 (2,918 Rentals) Page 24 of 59
Search the lowest-cost Apartments available for rent right now in Chicago.


1200-06 W. Altgeld St. / 2500-06 N. Racine Ave

732 Bittersweet Apartments

Magnolia Gardens

Lunt Apartments

Ravenswood Apartments

7145 S Indiana

1466 W Argyle St

7555 S Hermitage Ave

963 E 84th St

5125 W Madison

South Shore

6516 S University

7655-7657 S Coles Ave

4518-4528 N Damen Ave

Darlington Apartments

506 154th place Calumet City,il

8642 S Maryland Ave

8259 S Loomis Blvd

6209 S Michigan Ave

3401-3411 N Pulaski Ave

839 W. Sheridan

8203 S Indiana Ave

4801 North Ravenswood

Ivy Dorchester

Chatham Apartments

6914-6916 S Clyde Ave

5050-5058 N Kenmore Ave

Granville Place

7700 S East End Ave

1016 W Balmoral Ave

7756 S Marshfield

7706 S Saginaw

The Columbian

Emerald Apartments

6439-45 N Richmond St

Park Boulevard 3B

8751 S Cottage Grove Ave

8001 S Carpenter

Lawndale Apartments

6104 S Campbell

7929 S State

8152 S Evans

536 W. Grant

1530-1532 N. Austin Blvd.

7944 S Paulina

17-19 N Waller Ave

7419 S Phillips

8312 S Ingleside

7846 S Saginaw
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 | $2,076 | $595 | $9,999 |
| Cheap Chicago 1 Bedroom Apartments | $2,466 | $640 | $9,244 |
| Cheap Chicago 2 Bedroom Apartments | $3,058 | $762 | $10,000+ |
| Cheap Chicago 3 Bedroom Apartments | $3,719 | $695 | $10,000+ |
| Cheap Chicago 4 Bedroom Apartments | $4,368 | $1,025 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,465 | $2,995 | $10,000+ |
| Chicago 6 Bedroom Apartments | $19,276 | $7,000 | $10,000+ |
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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 $750.
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 $2,330.
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 2,682 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 $461 which is $1,869 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
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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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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.