
Cheap Apartments for Rent in Chicago, IL from $400 (2,773 Rentals) Page 35 of 56
Search the lowest-cost Apartments available for rent right now in Chicago.


3643-3645 N Greenview Ave

5448 W Adams St 119-21 N Lotus Chicago, IL 60644

The Pershing

7956 S Aberdeen St 1108-10 W 80th Chicago, IL 60620

8000 S Ellis Ave 947-55 E 80th St Chicago, IL 60619

2817 E 77th St

7040 S Cregier Ave

3501 W Adams St Chicago, IL 60624

7620 S Coles Chicago, IL 60649

64th/Kedzie (6401-05)

6954 S Calumet Ave 326 E 70th St Chicago, IL 60637

3935 W Diversey

1504 N Dearborn Pkwy

7800-06 S Morgan Chicago, IL 60620

5800 W Iowa St 908-10 N Menard Chicago, IL 60651

500 W. Fullerton Parkway

3945-59 N. Janssen Ave.

2103-23 W. Berwyn Ave.

7531 N Hoyne Ave

2500-08 W. Pensacola Ave. / 4334-42 N. Campbell Ave

7151-53 S Indiana Ave 200-02 E 72nd St Chicago, IL 60619

5726 N. Winthrop

2046 N. Orleans

Drexel Grand

721 W. Belmont

3838 N. Broadway

832 N. Rockwell Ave.

2420 Kedzie Blvd

Yellen

5054 N Winthrop Ave

4351 S Honore St

3734 W. Diversey Ave.

4601 N Dover

Peterson Plaza

934-936 W Windsor Building

Sheridan Courts

4606 N. Hermitage

Park Station Lofts

Lake Park Manor

4152 W Lake St

1048 N Cicero Ave

7225-7229 W Higgins Ave

3000-3006 N Cicero Ave

6943-6945 S Indiana Ave

2032 N Winchester Ave

6401-03 S California Ave 2749-57 W 64th St Chicago, IL 60629

6201-6203 S Langley Ave

Jade Apartments

3616 N. Pine Grove 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 | $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
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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.