
Cheap Apartments for Rent in Chicago, IL from $400 (2,764 Rentals) Page 33 of 56
Search the lowest-cost Apartments available for rent right now in Chicago.


7845-7859 S Avalon Ave

The Kenmore Gardens

3816-20 W. North Ave.

Chicago Residence

1809 S Carpenter St

7800 S Michigan Ave Chicago, IL 60619

7755 S Sangamon St 914-918 W 78th St Chicago, IL 60620

7120 S East End Chicago, IL 60649

1662 W. Farwell Ave.

1042 N Leamington Ave Chicago, IL 60651

7348 S Dr Martin Luther King Jr Dr Chicago, IL 60619

1400 W. Edgewater

Braeden At The Beach

Prairie Park Apartments

8201 S Drexel Ave 903-09 E 82nd Chicago, IL 60619

Catalpa Vista Apartments

7409 S Yates Blvd Chicago, IL 60649

418-24 S Laramie Ave Chicago, IL 60644

7701 S Ashland Ave 1525-33 W 77th Chicago, IL 60620

Jackson Park Terrace

7754 S Loomis 1404-16 W 78th St Chicago, IL 60620

1145-49 N LeClaire Ave

3600 W Franklin Blvd Chicago, IL 60624

5732-34 W Washington 109-111 N Menard Chicago, IL 60644

6022 S Indiana Ave Chicago, IL 60637

7948 S Hermitage Ave Chicago, IL 60620

7801 S Saginaw 2647-53 E 78th St Chicago, IL 60649

6101 S Langley Chicago, IL 60637

6125-29 S Wabash Ave Chicago, IL 60637

4363 N Kenmore Ave

1810 S Throop St

1331 W. Loyola

1350 W Hood Ave

1618 W Roscoe St

5627-5633 N Winthrop Ave

1417 W Sherwin Ave

s8855-8857 S Cottage Grove Ave Chicago, IL 60619

4327 - 4333 N Kedvale Ave

Winthrop 5710

362 E 60th St

7751-57 S Loomis Blvd Chicago, IL 60620

7254 S University Ave Chicago, IL 60619

7914 S Hermitage Ave Chicago, IL 60620

5001 W Adams St 204-210 S Lavergne Chicago, IL 60644

8014 S Maryland Ave Chicago, IL 60619

Pangea Commons

1261 W Argyle

1063 W. Columbia

Belmont Court 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 | $1,981 | $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 $7,170.
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 5,977 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 $497 which is $6,673 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.