Cheap Apartments for Rent in Chicago, IL from $400 (2,585 Rentals) Page 32 of 52

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Search the lowest-cost Apartments available for rent right now in Chicago.

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Sheridan Courts
Studio to 2 Bedroom Apartments

Sheridan Courts

4116-4136 N Sheridan RdChicago, IL 60613
  • Utilities Included
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7501-7509 S Stewart Ave
Studio to 2 Bedroom Apartments

7501-7509 S Stewart Ave

7501-7509 S Stewart AveChicago, IL 60620
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Lake Park Manor
1 to 4 Bedroom Apartments

Lake Park Manor

3601-3645 S Lake Park AveChicago, IL 60653
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Astoria Properties
1 to 2 Bedroom Apartments

Astoria Properties

1718-1732 E 70th StChicago, IL 60649
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6201-6203 S Langley Ave
2 to 3 Bedroom Apartments

6201-6203 S Langley Ave

6201-6203 S Langley AveChicago, IL 60637
  • Utilities Included
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4411 W Walton St
Studio to 2 Bedroom Apartments

4411 W Walton St

4411 W Walton StChicago, IL 60651
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8237 S Drexel Ave
1 to 2 Bedroom Apartments

8237 S Drexel Ave

8237 S Drexel AveChicago, IL 60619
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7263 S Coles
2 to 3 Bedroom Apartments

7263 S Coles

7263-7269 S ColesChicago, IL 60649
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5328 W Harrison
1 to 2 Bedroom Apartments

5328 W Harrison

5328 W Harrison StChicago, IL 60644
  • Utilities Included
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1033 W Loyola
Studio to 3 Bedroom Apartments

1033 W Loyola

1033 W Loyola AveChicago, IL 60626
Student Housing
  • Utilities Included
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400 S Laramie
2 to 3 Bedroom Apartments

400 S Laramie

400 S Laramie AveChicago, IL 60644
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5015 W Jackson
1 Bedroom Apartments

5015 W Jackson

5015 W Jackson BlvdChicago, IL 60644
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7451 S Eberhart Ave
Studio to 3 Bedroom Apartments

7451 S Eberhart Ave

7451 S Eberhart AveChicago, IL 60619
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1516 W 78th
1 to 2 Bedroom Apartments

1516 W 78th

1516 W 78th StChicago, IL 60620
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5314 N Damen Ave
Studio to 2 Bedroom Apartments

5314 N Damen Ave

5314 N Damen AveChicago, IL 60625
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5832 W North Ave
1 to 3 Bedroom Apartments

5832 W North Ave

5832 W North AveChicago, IL 60639
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Farwell Apartments
Studio to 2 Bedroom Apartments

Farwell Apartments

1636-46 W Farwell AveChicago, IL 60626
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8201 S Michigan Avenue
Studio to 2 Bedroom Apartments

8201 S Michigan Avenue

8201-8213 S Michigan AveChicago, IL 60619
Corporate Housing
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6000 S Prairie
2 to 3 Bedroom Apartments

6000 S Prairie

6000 S Prairie AveChicago, IL 60637
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5901 S Michigan
1 to 3 Bedroom Apartments

5901 S Michigan

5911 S Michigan AveChicago, IL 60637
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Maple
1 Bedroom Apartments

Maple

150 W Maple StChicago, IL 60610
Senior Living
  • Utilities Included
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7135 S Blackstone
Studio to 3 Bedroom Apartments

7135 S Blackstone

7135 S Blackstone AveChicago, IL 60619
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6401 S Maplewood
2 to 3 Bedroom Apartments

6401 S Maplewood

6401 S Maplewood AveChicago, IL 60629
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3650 W 18th St
2 Bedroom Apartments

3650 W 18th St

3650 W 18th StChicago, IL 60623
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Ivy Hastings
1 to 2 Bedroom Apartments

Ivy Hastings

5125 S Kenwood AveChicago, IL 60615
Student Housing
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8101 S Justine St
2 to 3 Bedroom Apartments

8101 S Justine St

8101 S Justine StChicago, IL 60620
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1236 S Lawndale
1 to 3 Bedroom Apartments

1236 S Lawndale

1236 S Lawndale AveChicago, IL 60623
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4908 - 4918 N Glenwood
1 to 2 Bedroom Apartments

4908 - 4918 N Glenwood

4908-4918 N Glenwood AveChicago, IL 60640
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455 W. Wellington
Studio to 1 Bedroom Apartments

455 W. Wellington

455 W Wellington AveChicago, IL 60657
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450 W. Melrose
Studio to 2 Bedroom Apartments

450 W. Melrose

450 W Melrose StChicago, IL 60657
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Greater Grand Crossing
1 to 2 Bedroom Apartments

Greater Grand Crossing

7601-7611 S Drexel AveChicago, IL 60619
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8016-8022 S Evans Ave
1 to 2 Bedroom Apartments

8016-8022 S Evans Ave

8016-8022 S Evans AveChicago, IL 60619
  • Utilities Included

Chicago, IL Area Reviews

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Nicole4+ years in Chicago

April 10, 2026

Big city challenges with traffic but also provides the amenities of the city you can't find elsewhere

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 $724.

What is the price of a cheap apartment in Chicago?

The cheapest apartment in Chicago is West Haven Park II - B which is listed at $660, while the average apartment in Chicago costs $5,763.

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 2,702 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 $481 which is $5,282 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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

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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.

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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.

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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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.