
Cheap Apartments for Rent in Chicago, IL from $400 (2,650 Rentals) Page 8 of 53
Search the lowest-cost Apartments available for rent right now in Chicago.


1654 W Pratt Blvd

1717 E 78th St

6919 N Sheridan Rd

7645 S Throop St

10904 S Avenue D

7632 S Jeffery Blvd

7630 S Jeffery Blvd

2754 W North Shore Ave

243 E 108th St

5725 W Addison St

2102-2104 E 82nd St

9011 S Brandon Ave

6606 W George St

3019 E 80th St

8114 S Ellis Ave, Unit 3 Unit

6341 W Belmont Ave, Unit 2R

4629 S Kedvale Ave, Unit Apt 2

6345 N Magnolia Ave, Unit 3J

4516 N Kenneth Ave, Unit 2nd floor front

7734 S Carpenter St, Unit 3rd

8010 S Marshfield Ave, Unit 1

7642 S Eggleston Ave

836 N Massasoit 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 | $1,913 | $575 | $7,500 |
| Cheap Chicago 1 Bedroom Apartments | $2,361 | $550 | $10,000+ |
| Cheap Chicago 2 Bedroom Apartments | $2,897 | $850 | $10,000+ |
| Cheap Chicago 3 Bedroom Apartments | $3,508 | $740 | $10,000+ |
| Cheap Chicago 4 Bedroom Apartments | $4,024 | $1,040 | $10,000+ |
| Chicago 5 Bedroom Apartments | $7,528 | $2,550 | $10,000+ |
| Chicago 6 Bedroom Apartments | $13,635 | $1,100 | $10,000+ |
Browse Top Apartments in Chicago
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Getting Around Chicago, IL
Walk Score®
83 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
77 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
66 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $788.
What is the price of a cheap apartment in Chicago?
The cheapest apartment in Chicago is 7850 S Constance Ave which is listed at $795, while the average apartment in Chicago costs $6,044.
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 4,651 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 $457 which is $5,587 cheaper than the average rent for all rentals in Chicago.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

























