
Cheap Apartments for Rent in Chicago, IL from $400 (2,773 Rentals) Page 37 of 56
Search the lowest-cost Apartments available for rent right now in Chicago.


Bridgeport

2542 S Trumbull Chicago, IL 60623

3847-3857 N Linder Ave

5927-5929 W 63rd St

634-640 N Lamon

1565 W Birchwood Ave

4443 W Gladys Ave

8201 S Paulina Street

1019 E 62nd St

3033 E 79th St

211 E. Ohio St.

7263-7271 S South Shore Dr

1316-1319 E Hyde Park Blvd

625 W Wrightwood

Park Wellington Apartments

1415-25 W 80th 8001 S Bishop Chicago, IL 60620

434-40 E 81st Street Chicago IL

215 E 68th Chicago, IL 60637

8242 S Drexel LLC

8157-59 S King Drive

Reside at 823

Bell Lawrence

703 N Austin Blvd 5966 W Huron Chicago, IL 60644

North Park Village Apts - 62+

Kimball Terrace

Ivy at Piccadilly

421-431 W. Barry Avenue

729 N Central Chicago, IL 60644

4301 W Potomac Ave Chicago, IL 60651

Pratt At The Lake

5101 N Winchester Ave

7655 S May Chicago, IL 60620

6960-6970 N Sheridan Rd

7800 S Jeffery Blvd Chicago, IL 60649

523-31 W. Fullerton

733-745 E 80 St/8003 S Evans LLC

Brix on Morse

Everett Hyde Park

Everett Hyde Park

1251 S Michigan - Senior Living

2970 N Sheridan

1931 S Homan Ave Chicago, IL 60623

Fullerton Court Apartments

5800-04 S Artesian Ave Chicago, IL 60629

1261 W Argyle

1204 W Lexington St

5314 W Washington Blvd Chicago, IL 60644

2876-2900 N Clark St

4706 Beacon LLC
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.