
Cheap Apartments for Rent in Chicago, IL from $400 (2,901 Rentals)Page 27 of 59
Search the lowest-cost Apartments available for rent right now in Chicago.


2056 N Oakley Ave

518 N Hermitage Ave, Unit 1

3332 W 38th St, Unit 2F

4258 W Nelson St, Unit 2

5311 S Maryland Ave, Unit Garden

Covington - 4600 N Clarendon Ave

The Belmont by Reside

1400 Wabash

Edge @ Sheridan - 5910 N Sheridan Rd

Windermere House

4313 N Francisco Ave

7612 S Phillips Ave

6123 N Meade Ave

1624 W Sherwin Ave

531 W. Deming

The Draper

830 W Altgeld St, Unit #GF

2618 N Kimball Ave, Unit 1

5927 N Paulina St, Unit 2W

5927 N Paulina St, Unit 2W

4852 N Damen Ave, Unit 203

639 W Wrightwood Ave, Unit #509

520 W Cornelia Ave, Unit 212

2844 N Orchard St, Unit 3

2844 N Orchard St, Unit M614

545 W Belmont Ave, Unit M09B

2832 N Orchard St, Unit M09B

4419 N Wolcott Ave, Unit 3

835 W Wolfram St, Unit #837-309

2838 W Palmer St, Unit 309

4933 N Whipple St, Unit 1S

6123 N Meade Ave, Unit 2

7320 N Ridge Blvd

2342 W Touhy Ave

1934 W Estes Ave

2876 N Clark St

1914 W Morse Ave

1914 W Morse Ave

1914 W Morse Ave

4600 N Winchester Ave

4931 N Whipple St

4937 N Whipple St

1934 W Estes Ave

2342 W Touhy Ave

2520 W Leland Ave

3521 W Grace 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 | $2,067 | $565 | $10,000+ |
Cheap Chicago 1 Bedroom Apartments | $2,630 | $745 | $10,000+ |
Cheap Chicago 2 Bedroom Apartments | $3,301 | $1,000 | $10,000+ |
Cheap Chicago 3 Bedroom Apartments | $3,834 | $825 | $10,000+ |
Cheap Chicago 4 Bedroom Apartments | $3,823 | $875 | $10,000+ |
Chicago 5 Bedroom Apartments | $4,916 | $1,025 | $10,000+ |
Chicago 6 Bedroom Apartments | $20,526 | $1,600 | $10,000+ |
Browse Top Apartments in Chicago
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Getting Around Chicago, IL
Walk Score®
83 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
77 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
66 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $795.
What is the price of a cheap apartment in Chicago?
The cheapest apartment in Chicago is 1155 W 83rd St which is listed at $750, while the average apartment in Chicago costs $3,785.
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 2,528 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 $385 which is $3,400 cheaper than the average rent for all rentals in Chicago.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.