Cheap Apartments for Rent in Chicago, IL from $400 (2,642 Rentals) Page 3 of 53
Search the lowest-cost Apartments available for rent right now in Chicago.

6947 S Jeffery Blvd

5210 S Woodlawn Ave

The Sovereign

4721 S. Ellis Avenue

1030 N Parkside Ave, Unit 1R

7726 N Marshfield Ave, Unit 3C

5501 W School St

The Versailles Apartments

424 W. Diversey

1547 N Leamington Ave

9243 S Stony Island Ave

6250 N Winthrop Ave

10812 S King Dr

4841 S Loomis Blvd

3706 S Parnell Ave

4865 W Concord Pl, Unit Basement

1108 W Rosemont Ave, Unit #314

6620 S Saint Lawrence Ave, Unit 2R

6540 N Lakewood Ave, Unit S

6526 N Lakewood Ave, Unit 1

8745 S Cottage Grove Ave

5200 S Monitor Ave

Shorewind Apartments

Woodlawn Terrace

4431 S Marshfield Ave

Dearborn Plaza

South Shore Beach Apartments

1443 W 93rd St

2401 W Balmoral Ave

5708 N Winthrop Ave, Unit A01C

6930 N Greenview Ave

Times Square Apartments

Park Place Apartments
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 | $1,914 | $575 | $7,500 |
| Cheap Chicago 1 Bedroom Apartments | $2,361 | $550 | $10,000+ |
| Cheap Chicago 2 Bedroom Apartments | $2,892 | $850 | $10,000+ |
| Cheap Chicago 3 Bedroom Apartments | $3,481 | $740 | $10,000+ |
| Cheap Chicago 4 Bedroom Apartments | $3,978 | $1,040 | $10,000+ |
| Chicago 5 Bedroom Apartments | $8,569 | $2,550 | $10,000+ |
| Chicago 6 Bedroom Apartments | $12,880 | $1,100 | $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 the Cheapest Studio apartment in Chicago?
Currently the most affordable Cheap Studio Apartment in Chicago is at 5445 Ingleside By 3L Living listed at $639.
How much is rent for a Cheap One Bedroom Chicago Apartment?
The lowest price for a Cheap One Bedroom Chicago Apartment is $795 at 7850 S Constance Ave.
What is the lowest price for a Cheap Two Bedroom Chicago Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Chicago is starting from $910 at 7800-06 S Essex.
What is the most affordable Chicago Three Bedroom Apartment?
The best deal on a cheap Chicago Three Bedroom Apartment rental is at 10k sqft LiveWork Space w Green/White Screen and starts from $788.
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
















