
Cheap Apartments for Rent in Chicago, IL from $400 (2,773 Rentals) Page 50 of 56
Search the lowest-cost Apartments available for rent right now in Chicago.


9829 Lawrence Ct

330 N Ardmore Ave

9424 S Ridgeland Ave

14124 S Atlantic Ave

6301-6307 32nd St

Water Tower

3120 Oak Park Ave

Mansard Lane Apartments

43-63 Forest Ave

Dolores Place Apartments

Dolores Place Apartments

2036 S 13th Ave

The Ray Apartments

Golden Manor

Crestline Villa Apartments

14026 S School St Riverdale, IL 60827

Shady Way

1534 Bonnie Brae

1646 Elmwood Ave

1143 S Lathrop Ave

230 S Maple

2228 S. Central Ave.

Chablis

919 S McKinley Ave

1937 S 17th Ave

304 East 147th Street Harvey, IL 60426

Broadview Apartments

The Oak Crest

7511-7515 Roosevelt Rd

7441-7445 Roosevelt Rd

917 - 919 Chicago Ave

860 Hinman

1246-1248 S 51st Ct

320 Elgin Ave

2730 Ridgeland Ave

14133 S School St Riverdale, IL 60827

Smith Mobile Home Park

722 Clark St

9430 S Ridgeland Ave

229 Marengo Ave

901-917 S Euclid Ave

4747 Place

1400-06 Central St.

16 W Busse Ave

Islander Apartments

15840 Marshfield Ave

12548 S Ashland Ave

Forest Park Apartments Bldg 1

817 S. Oak Park 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 | $1,976 | $575 | $5,295 |
| Cheap Chicago 1 Bedroom Apartments | $2,427 | $650 | $10,000+ |
| Cheap Chicago 2 Bedroom Apartments | $2,979 | $850 | $10,000+ |
| Cheap Chicago 3 Bedroom Apartments | $3,798 | $800 | $10,000+ |
| Cheap Chicago 4 Bedroom Apartments | $3,935 | $1,040 | $10,000+ |
| Chicago 5 Bedroom Apartments | $9,435 | $2,400 | $10,000+ |
| Chicago 6 Bedroom Apartments | $13,667 | $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 $5,354.
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 808 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 $745 which is $4,609 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.