
Cheap Apartments for Rent in Chicago, IL from $595 (2,908 Rentals) Page 41 of 59
Search the lowest-cost Apartments available for rent right now in Chicago.


Luxury condo unit

520 W Belden Ave

King Patrick Apartments

4705 N Central Park Ave

Cornelia

7240 S Yates

921-927 W Sunnyside Ave

The Sheridan Pratt

Fullerton

2303 W Cullerton St

1338 W Argyle

532-34 W. Grant

Anton Apartments

500 W. Belmont

901-903 W Sunnyside Ave

7653 S Kingston Ave

1603 S Wood St

3625 W. Dickens St.

1743 W. Roscoe St.

1363 W. Walton

1948 N. Lincoln Ave.

920 W Cullom

1234 N Cleaver

Ivy at Kimbark

7957-59 S Wood St

Ivy at Drexel

The Park Terrace

660 W. Barry

1255 W Belden

1200 W Addison St

1351 W. Touhy Ave.

Loucks Apartments

Waveland Park Court

2218 W Chicago Ave

4750 S Calumet

2724 W Lunt Ave

Clyde South Shore

4714 S Michigan

906 W Montrose Ave

500 W Belden Ave

2519 N Lincoln Ave

8954 S Commercial

5300 S Michigan

8200 S. Evans Ave.

3001 W Lawrence Ave

2835 N. Racine Ave.

7944 S Ellis Ave

720 W Gordon Terrace

HIGHPOINT Albany Park on Kedzie
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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