Studio Apartments for Rent in Chicago, IL (8,301 Rentals)

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The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

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Flora
Rent Specials
$2,189 - $3,071
Total Monthly Price

Total Monthly Price

Base Rent
$2,250 - $28,969
Total Monthly Price
Varies
Studio Apartments Available Now

Flora

1114 W Carroll AveChicago, IL 60607
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AMLI West Loop
Rent Specials
$2,435 - $3,485
Total Monthly Price

Total Monthly Price

Base Rent
$2,435 - $6,808
Total Monthly Price
Varies
Studio Apartments Available Sep 26

AMLI West Loop

205 S PeoriaChicago, IL 60607
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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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Spoke
Rent Specials
$2,097 - $2,741
Total Monthly Price

Total Monthly Price

Base Rent
$2,202 - $5,694
Total Monthly Price
Varies
Studio Apartments Available Now

Spoke

728 N Morgan StChicago, IL 60642
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The Clark
$2,045 - $2,105
Total Monthly Price

Total Monthly Price

Base Rent
$2,545 - $3,005
Total Monthly Price
Varies
Studio Apartments Available Now

The Clark

1201 N Clark StChicago, IL 60610
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1001 South State
Rent Specials
$2,265 - $5,098
Total Monthly Price

Total Monthly Price

Base Rent
$2,345 - $9,593
Total Monthly Price
Varies
Studio Apartments Available Aug 28

1001 South State

1001 S State StChicago, IL 60605
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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

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West77 Apartments
$2,195 - $3,002
Total Monthly Price

Total Monthly Price

Base Rent
$2,195 - $5,636
Total Monthly Price
$2,195 - $5,636
Studio Apartments Available Sep 10

West77 Apartments

77 W HuronChicago, IL 60654
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AMLI Lofts
$2,331 - $4,498
Total Monthly Price

Total Monthly Price

Base Rent
$2,331 - $6,265
Total Monthly Price
$2,331 - $6,265
Studio Apartments Available Now

AMLI Lofts

850 S Clark StChicago, IL 60605
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AMLI River North
Rent Specials
$2,347 - $4,540
Total Monthly Price

Total Monthly Price

Base Rent
$2,347 - $9,956
Total Monthly Price
Varies
Studio Apartments Available Now

AMLI River North

71 W Hubbard StChicago, IL 60654
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Hubbard Place
Rent Specials
$2,303 - $3,211
Total Monthly Price

Total Monthly Price

Base Rent
$2,411 - $7,184
Total Monthly Price
Varies
Studio Apartments Available Now

Hubbard Place

360 W Hubbard StChicago, IL 60654
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Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Chicago, IL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Chicago Studio Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: August 22, 2026

There are currently 4177 available Studio apartment units from neighborhoods all over Chicago, IL that range in price from $200 to $11,867. North Lakefront, Downtown Chicago and Parc Chesnut are the neighborhoods that currently have the most Studio availability. Here is today's list of the top neighborhoods in Chicago with the most available Studio apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
North Lakefront305$2,050$595
Downtown Chicago228$2,399$1,066
Parc Chesnut183$2,445$1,315
Magnificent Mile156$2,441$1,315
Southwest Chicago150$2,072$600
Chicago Loop135$2,462$1,420
River East120$2,450$1,315
River West110$2,487$1,500
Library Tower102$2,404$1,500
Printer's Row99$2,423$1,500

Largest Available Chicago Studio Apartments

The largest available Studio apartment unit in Chicago, IL is found at Cobbler Square Lofts in the Magnificent Mile neighborhood and is 1,188 square feet priced from $2,963. 2950 North Sheridan in the Lakeview neighborhood has the second largest Studio, which is sized at 911 square feet and currently listed start at $3,515. Here is today’s list of the largest available Studio units in Chicago:

Apartment ListingModel NameSquare FootagePriced From
Cobbler Square LoftsEC11,188 Sq Ft$2,963
2950 North SheridanS1911 Sq Ft$3,515
6415-6417 Champlain0BR/1.0BA900 Sq Ft$1,225
824 E 53rd StLarge Studio800 Sq Ft$850
3856 W Diversey Ave0 Beds, 1 Baths800 Sq Ft$1,450
6938 S Cregier Ave.0BR/1.0BA800 Sq Ft$1,050
Lake and WellsC3793 Sq Ft$2,810
MomentConvertible 11-Avenue769 Sq Ft$2,769
CoppiaV8725 Sq Ft$2,604
Albion Oak Park(V07) Jr. One Bedroom Apartment713 Sq Ft$2,429

Cheapest Available Chicago Studio Apartments

As of August 22, 2026 the lowest priced Studio apartment unit in Chicago, IL is the Studio Model starting from $700 at Highlands Tudor Manor - 55+ Community in the South Shore neighborhood. The second most affordable Chicago Studio is the Efficiencies Model at 6246 S. King Dr. starting at $710 in the Washington Park neighborhood. The average price for all Studio apartments in Chicago is currently $2,080. Here is today’s list of the cheapest available Studio options in Chicago:

Apartment ListingModel NamePriced From
Highlands Tudor Manor - 55+ CommunityStudio$700
6246 S. King Dr.Efficiencies$710
5445 Ingleside By 3L LivingLarge Co-Living Single Room$712
1155 W 83rd StStudio$720
5540 Hyde Park by 3L LivingEfficiency Studio - North$724
5748 Blackstone By 3L LivingNo Kitchenette with Shared Bathroom$726
Jarrell Washington Park0 Beds, 1 Baths$750
7849-7853 S Coles Ave853-3N$750
8100 S DrexelStudio Apartment$755
8208 S DrexelStudio Apartment$785

Best 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

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A 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

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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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

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See the most popular apartments and homes in Chicago, IL

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Chicago, IL Area Reviews

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Nicole • 4+ years in Chicago

April 10, 2026

Big city challenges with traffic but also provides the amenities of the city you can't find elsewhere

Frequently Asked Questions about Studio Chicago Apartments

What is the Cheapest apartment in Chicago with Studio?

Currently the most affordable Studio in Chicago is at Highlands Tudor Manor - 55+ Community listed at $700.

How much is the average rent for a Studio Chicago Apartment?

The average rent for a Studio Apartment in Chicago is $2,080.

What is the largest available Studio Chicago Apartment for rent?

Today's apartment with the most square footage in Chicago is a 1,188 square feet unit starting from $2,963 at Cobbler Square Lofts.

What is the average size for Chicago Studio Apartments for rent?

The average size for a Studio rental in Chicago is currently 497 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

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The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Written by: Nicole Harms

When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Written by: Nicole Harms

I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

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Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Written by: Nicole Harms

Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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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

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.