
12 Months
Rental terms in Chicago as short as a month! Perfect when you can't commit to a full year of renting.
From flexibility to potential costs, explore the key benefits and drawbacks of short-term rental housing from a renter's perspective.
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.
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Chicago Short-term Studio Apartments | $2,086 | $575 | $10,000+ |
Chicago Short-term 1 Bedroom Apartments | $2,670 | $575 | $10,000+ |
Chicago Short-term 2 Bedroom Apartments | $3,225 | $900 | $10,000+ |
Chicago Short-term 3 Bedroom Apartments | $3,727 | $1,050 | $10,000+ |
Chicago Short-term 4 Bedroom Apartments | $3,299 | $1,040 | $10,000+ |
Chicago 5 Bedroom Apartments | $5,064 | $2,200 | $10,000+ |
Chicago 6 Bedroom Apartments | $5,895 | $4,795 | $6,795 |
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 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.
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.
See the most popular apartments and homes in Chicago, IL
Most errands can be accomplished on foot
Biking is convenient for most trips
Many nearby public transportation options
Currently the most affordable Short-term Apartment in Chicago is at 5445 Ingleside By 3L Living listed at $712.
The average rent for a Short-term Apartment in Chicago is $3,562.
Today's Short-term apartment with the most square footage in Chicago is a 6,439 square feet unit starting from $2,151 at 369 Grand by Onni.
The average size for a Short-term rental in Chicago is currently at 516 sq ft.
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.
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.
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
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