
Cheap Apartments for Rent in Chicago, IL from $400 (2,760 Rentals) Page 25 of 56
Search the lowest-cost Apartments available for rent right now in Chicago.


5820 N Sheridan Rd

1133 E 82nd St

1624-1626 W Morse Ave

La Rose Apartments

Bennett Apartments

6031 N Kenmore Ave

7051 S Bennett Ave

6956 N Ashland Blvd

6214 S Eberhart

Atrium West Apartments

2315-2329 E 70th St

3000 W Marquette Rd

6904-6906 S Cregier Ave 1745-1757 E 69th St Chicago, IL 60649

Catherine Courts

6356-58 S Francisco 2908-10 W 64th Chicago, IL 60629

549 W. Aldine

8001-8003 S Muskegon Ave Chicago, IL 60617

815-823 W Bradley Pl

7834 S Coles Chicago, IL 60649

2826 E 76th Pl Chicago, IL 60649

808 W 76th St 7542-52 S Halsted Chicago, IL 60620

7752 S Cornell Ave Chicago, IL 60649

6238-44 S Western Ave Chicago, IL 60636

The Max Apartments

Drexel Investments, LLC

5853-5859 S Troy St

300 N Menard Ave

Kedvale Systems

1407-1415 W Sherwin Ave

7270 S South Shore Dr

Austin-Fillmore Apartments

1430 N Dearborn St

6943 S Cornell

Thome Hermitage Building

7300 Venture Apartments

6910 N Sheridan Rd

7110-18 S Ridgeland Ave

7800-06 S Essex 2451-55 E 78th Chicago, IL 60649

7706 South Coles 2837 E 77th St Chicago, IL 60649

1108 E 82nd St Chicago, IL 60619

7916 S Drexel Ave Chicago, IL 60619

4720 N Spaulding Ave

Baric Commons

7110-18 S Ridgeland Ave Chicago, IL 60649

8515 S Green Chicago, IL 60620

2045 E 75th St Chicago, IL 60649

2600 W. Logan Blvd

2920-2922 E 90th St Chicago, IL 60617

1466 W Argyle St
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 | $1,981 | $575 | $5,295 |
| Cheap Chicago 1 Bedroom Apartments | $2,425 | $650 | $10,000+ |
| Cheap Chicago 2 Bedroom Apartments | $2,981 | $850 | $10,000+ |
| Cheap Chicago 3 Bedroom Apartments | $3,749 | $740 | $10,000+ |
| Cheap Chicago 4 Bedroom Apartments | $3,893 | $1,040 | $10,000+ |
| Chicago 5 Bedroom Apartments | $9,188 | $2,400 | $10,000+ |
| Chicago 6 Bedroom Apartments | $15,613 | $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.