
Cheap Apartments for Rent in Chicago, IL from $595 (2,908 Rentals) Page 40 of 59
Search the lowest-cost Apartments available for rent right now in Chicago.


540 West Roscoe Street

The Sherwin at Jarvis Square

1355 N. Dearborn Street

2528-2542 W Fitch Ave

3733 N Janssen

4425-4431 N Milwaukee Ave

Wolcott Terrace

5649 Winthrop

Southport Lofts

7020 S Merrill Ave

Hanson Anton Apartments

4102 N Sheridan Rd

2970 N Sheridan

7501 S Jeffery Blvd

6458 S Fairfield

Reside at 849

5800 North Sheridan

Birchwood Manor Apartments

5958 W North

125 E 71st St (NEW)

3856 W Diversey Ave

Academy Apartments

1710 W Addison St

Commonwealth on the Park Apartments

2240 West Morse Apartments

6849-6875 S Crandon Ave

The 1521 Sherwin

6654 W Devon Ave

516 W. Briar Pl.

6037-6043 N Kenmore Ave

Reside on Stratford

7152 S East End Ave

Rogers Park Apartments

Portage Park Theater Apartments

1020 W Ardmore Ave

4725 W maypole

1326 N Cleaver

1319-1327 W Sherwin Ave

2065 N. Hoyne Ave.

1914 N Drake Ave

7748 S East End

1002-16 W. Irving Park Rd.

Somerset Place Apartments

415 W. Fullerton

2610 N Laramie

6720 N Sheridan

819-821 S Independence Blvd

R+D659

55 E Erie St
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 | $2,080 | $595 | $9,999 |
| Cheap Chicago 1 Bedroom Apartments | $2,468 | $640 | $9,244 |
| Cheap Chicago 2 Bedroom Apartments | $3,059 | $762 | $10,000+ |
| Cheap Chicago 3 Bedroom Apartments | $3,745 | $695 | $10,000+ |
| Cheap Chicago 4 Bedroom Apartments | $4,492 | $1,025 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,515 | $2,995 | $10,000+ |
| Chicago 6 Bedroom Apartments | $19,335 | $7,000 | $10,000+ |
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Chicago, IL Area Reviews
Nicole • 4+ years in Chicago
April 10, 2026Big 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 $745.
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 $2,334.
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 2,652 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 $431 which is $1,903 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.
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