
Low Income Apartments for Rent in Chicago, IL (43 Rentals)


Westhaven Park Station

Edith Spurlock Sampson Apartments

Belmont Tower Apartments

Sheridan-Gunnison Apartments

Lincoln Park Plaza

Galewood Residences

Acclaim on North Avenue
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

6 Corners Lofts

2358 E 70th Pl

Lathrop

2101 Michigan

Hyde Park West

Academy at Drexel

The Lorington

Lake Grove Village
Navigating the World of Low-Income Housing
A Comprehensive Guide to Understanding Low Income Renting

Southland Village

Bryn Mawr Belle Shore

701 W Garfield Blvd

8246 S Maryland St

Parkway Apartments

Keystone Place Apartments

6849-6875 S Crandon Ave

5326 N Winthrop Ave
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

Stead 220

Park Apartments

Ironwood

5504-12 S Wabash Ave Chicago, IL 60637

South Chicago Senior Housing - 62 & Over

Boxelder Court

Hyde Park Beach

Highlands Tudor Manor - 55+ Community
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Residences at Arlington Heights

Addison Horizon

Burbank Manor Apartments

Willow Hill

Colonial Court Apartments

2030 Greenwood St

Meadow View Apartments

Ginger Ridge Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Pinnacle Apartments

Flagstone Village

American Heartland Homes
Chicago, IL Local Guide

How much does it cost to rent an apartment in Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chicago Low Income Studio Apartments | $1,956 | $550 | $7,500 |
| Chicago Low Income 1 Bedroom Apartments | $2,394 | $450 | $10,000+ |
| Chicago Low Income 2 Bedroom Apartments | $2,912 | $800 | $10,000+ |
| Chicago Low Income 3 Bedroom Apartments | $3,542 | $800 | $10,000+ |
| Chicago Low Income 4 Bedroom Apartments | $3,720 | $1,040 | $10,000+ |
| Chicago 5 Bedroom Apartments | $8,603 | $2,200 | $10,000+ |
| Chicago 6 Bedroom Apartments | $8,044 | $850 | $10,000+ |
Browse Top Apartments in Chicago
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Chicago, IL Local Guide

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Chicago Overview
Chicago is one of the largest and liveliest cities in the United States with a thriving economy, an active nightlife and some of the world's most historic buildings and landmarks making it a very popular place to call home. The school system and metropolitan offerings make Chicago one of the best places to live in the Midwest in addition to being a premiere tourist destination. The options for cheap apartments in Chicago as well as rental homes, condos, and townhomes in the area make it a renters dream come true.
Why live in Chicago, IL?
With its numerous shops and local cuisine, a bustling nightlife, a strong economy and an efficient if busy transportation system, Chicago is truly the gem of the Midwest. While school districts vary from one area to the next, Chicago is a hub for some of the world's best schools, universities and hospitals, making it an ideal place to settle down. As home to some of the leading universities in the world, Chicago offers plenty of opportunities for its residents to grow up, get an education and find work in its diverse and thriving economy.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Chicago, IL Rentals by Map
See the most popular apartments and homes in Chicago, IL
Frequently Asked Questions about Low Income Chicago Apartments
What is the Cheapest Low Income apartment in Chicago?
Currently the most affordable Low Income Apartment in Chicago is at Highlands Tudor Manor - 55+ Community listed at $700.
How much is the average rent for a Low Income Chicago Apartment?
The average rent for a Low Income Apartment in Chicago is $1,758.
What is the largest Low Income Chicago Apartment for rent?
Today's Low Income apartment with the most square footage in Chicago is a 2,010 square feet unit starting from $1,425 at Hyde Park West.
What is the average size for Chicago Low Income Apartments for rent?
The average size for a Low Income rental in Chicago is currently at 627 sq ft.
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

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.

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!