
Cheap Apartments for Rent in Chicago, IL from $400 (2,827 Rentals)Page 28 of 57
Search the lowest-cost Apartments available for rent right now in Chicago.


1948 S Desplaines St, Unit 1

1417 W Albion Ave, Unit 2

8020 S Prairie Ave, Unit 2

231 W Menomonee St, Unit 2R

1840 S Ashland Ave, Unit 1R

2202 W Cermak Rd, Unit 2F

2345 W 24th St, Unit #1

1361 W Estes Ave

1338 S Springfield Ave

941 W Carmen Ave

817 W Lakeside Pl

5639 N Artesian Ave

1365 W Estes Ave

4180 N Marine Dr

941 W Carmen Ave

6211 N Kenmore Ave

817 W Lakeside Pl

7730 S Marshfield Ave

5250 S Drexel Ave

1028 E Hyde Park Blvd

842 E 53rd St

1022 E Hyde Park Blvd

2944 W Montrose Ave

6621 S Greenwood Ave

4408 N Rockwell St

4180 N Marine Dr

4317 S Michigan Ave

4406 N Rockwell St

6625 S Greenwood Ave

736 W Buena Ave

8917 S Cottage Grove Ave

4062 W Cullerton St

5244 S Drexel Ave

364 E 59th St

1026 E Hyde Park Blvd

5331 W Congress Pkwy

2646 W Chicago Ave

1001 W 31st St

2130 W Cermak Rd

4715 W Cornelia Ave
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 | $2,065 | $565 | $10,000+ |
Cheap Chicago 1 Bedroom Apartments | $2,633 | $745 | $10,000+ |
Cheap Chicago 2 Bedroom Apartments | $3,297 | $1,000 | $10,000+ |
Cheap Chicago 3 Bedroom Apartments | $3,820 | $825 | $10,000+ |
Cheap Chicago 4 Bedroom Apartments | $3,844 | $875 | $10,000+ |
Chicago 5 Bedroom Apartments | $5,108 | $1,025 | $10,000+ |
Chicago 6 Bedroom Apartments | $31,415 | $10,000 | $10,000+ |
Browse Top Apartments in Chicago
See all Apartments in ChicagoExplore Chicago
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 $3,801.
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 2,630 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 $383 which is $3,418 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.