
Cheap Apartments for Rent in Chicago, IL from $400 (2,763 Rentals) Page 27 of 56
Search the lowest-cost Apartments available for rent right now in Chicago.


Lawndale Apartments

7929 S State St Chicago, IL 60619

1815 W 77th St 7732 S Honore Street Chicago, IL 60620

7846 S Saginaw Ave Chicago, IL 60649

The Annabelle Apartments

1530-1532 N. Austin Blvd.

8238 S Ellis Ave Chicago, IL 60619

536 W. Grant

7417-25 S Phillips 2444 E 74th Place Chicago, IL 60649

Everett Apartments

17-19 N Waller Ave

Linder/Lawrence Apartments

1931 E 71st St 1931-45 E 71st Chicago, IL 60649

Ivy Dickens

Greenleaf Apartments

8345-49 S Drexel Ave Chicago, IL 60619

Blackstone Court

1632 W. Belmont

Mclean 2021 W

5250 N Sheridan Rd

3000-3004 N Central Ave

5433 N Kenmore Ave

4625-35 N. Winchester Ave.

4909 N Glenwood Ave

7443 N Claremont Ave

8000-12 S Maryland Ave

1320 W Columbia Ave

7801-13 S Essex 2509-11 E 78th Chicago, IL 60649

8208 S Drexel Ave Chicago, IL 60619

12000 S Eggleston Ave 437-39 W 120th Chicago, IL 60628

8640 S Ingleside Ave Chicago, IL 60619

7756 S Marshfield Ave 1640-42 W 78th St Chicago, IL 60620

2041-43 E 75th St Chicago, IL 60649

6700 S Indiana Chicago, IL 60637

8155 S Ingleside

5552 N. Lakewood

801-05 E Drexel Square Chicago, IL 60615

9600 S Avenue L

6306 S Fairfield Ave Chicago, IL 60629

4720-4730 W Addison St

6306 S Artesian Ave 2435 W 63rd St Chicago, IL 60629

Ivy Villas

The Ella Apartments

The Wilson Malden

6800 S Dorchester Ave

Touhy - by - the - Lake

7000-7006 N Western Ave

Paul G Stewart Center

1623-1633 West Lunt Avenue
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
See all Apartments in ChicagoExplore Chicago
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.