
Cheap Apartments for Rent in Chicago, IL from $400 (2,773 Rentals) Page 55 of 56
Search the lowest-cost Apartments available for rent right now in Chicago.


941 Chicago Ave

322-330 W Washington Blvd

123-129 N. Humphrey Ave. and 38-44 Lake St.

2228-38 Sherman Ave. / 803-809 Noyes St.

8624 Fullerton Ave

333 Circle Ave

Greenfield Square Apartments

515 Forest Ave

209 S Oak Park Ave

Iowa Terrace

Berwyn Apartments

16-24 N Austin

2210-22 Maple Ave.

1475 Ashland Ave

3045 Harlem Ave

Riviera Apartments

302-312 Washington Blvd. and 337-345 S. Cuyler Ave.

Villa Garden Apartments

1151 DAVID DRIVE

401-403 Washington Blvd.

Marshall Place

24-32 Washington Blvd.

1627-45 Ridge Ave.

634 Sibley Blvd Calumet City, IL 60409

1703-13 Ridge Ave.

10425 Mason - 10624 Major

Pleasant Circle North

12507 S Ashland Ave Calumet Park, IL 60827

218-228 Pleasant St. and 134-140 S. Harvey Ave.

400 N Taylor Ave

411-419 Thatcher Ave.

9565 Franklin Ave

1125 Davis St./ 1603-11 Ridge Ave.

162 N Humphrey Ave

428 Washington Blvd

Cagan Skokie Apartments

7858 S Natoma Ave

1151-1153 S. Oak Park Ave. and 803-809 Fillmore St.

204 Marengo Ave.

315 N Maple Ave

4747 N Ronald St

832 S Maple Ave

9517-9521 Minnick Ave

Pleasant Circle South

404 S 4th Ave Maywood, IL 60153

908-922 Main Street

Clyde Park Apartments

304 Home Ave

Morton Apartments
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 $7,222.
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 5,965 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 $498 which is $6,724 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.