
Cheap Apartments for Rent in Chicago, IL from $400 (2,768 Rentals) Page 36 of 56
Search the lowest-cost Apartments available for rent right now in Chicago.


5015 W Jackson Blvd Chicago, IL 60644

400-08 S Laramie Ave Chicago, IL 60644

1516 W 78th Street Chicago, IL 60620

7316 S Jeffery Blvd Chicago, IL 60649

Scotland Yard

5735 W Washington Blvd

Cermak-MASTER

5832 W North Ave Chicago, IL 60639

5314 N Damen Ave

Farwell Apartments

Hilliard Towers Senior Apartments

Hilliard Towers Senior Apartments One

Park Heights by the Lake Apartments

Maple

5500 W Van Buren St Chicago, IL 60644

3650-54 W 18th 1657-59 S Lawndale Chicago, IL 60623

3560-64 W Cermak Rd 2151-57 S Central Chicago, IL 60623

400-402 S Kilbourn Ave Chicago, IL 60624

708-14 S Karlov Ave 4101-05 W Fifth Avenue Chicago, IL 60624

7624 S Kingston Chicago, IL 60649

5328 W Harrison St Chicago, IL 60644

6715 S Dorchester Chicago, IL 60637

4908 - 4918 N Glenwood

1123 N Lawler Ave Chicago, IL 60651

Ivy Hastings

6748 S Blackstone Ave. 1452-56 E 68th Chicago, IL 60637

Humboldt Ridge Apartments

5758-60 S Wabash Ave 22-24 E 58th Chicago, IL 60637

8016 S Evans Ave

7601-7609 S Drexel LLC

8005-07 S Champlain Ave Chicago IL

7942-44 S Champlain Ave

7801-05 S Indiana Ave Chicago IL

Greenwood Park Apartments

6000 S Prairie 221 E 60th Street Chicago, IL 60637

500-512 E 75th St Chicago, IL 60619

7526-36 S Colfax Ave

1966 S Trumbull Ave

1430 S Kenneth Ave

Oakwood Apartments

1700-1702 N Richmond St

The Sovereign Apartments

Kenmore

1628 Sherwin

938 W 34th St

Bridgeport

2542 S Trumbull Chicago, IL 60623

5927-5929 W 63rd St

3847-3857 N Linder 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.