Studio Apartments for Rent in Chicago, IL (8,466 Rentals)

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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!

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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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Chicago, IL Local Guide

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Written By:
Justin Habersaat
Editing Staff

Chicago Studio Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: January 16, 2026

There are currently 5994 available Studio apartment units from neighborhoods all over Chicago, IL that range in price from $550 to $7,500. 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 Lakefront456$1,900$850
Downtown Chicago339$2,309$943
Parc Chesnut241$2,408$1,105
Magnificent Mile234$2,412$1,105
Southwest Chicago211$1,983$550
River East185$2,362$1,105
Chicago Loop184$2,366$1,269
Printer's Row160$2,292$1,615
Library Tower154$2,270$1,615
Far North Chicago153$1,330$700

Largest Available Chicago Studio Apartments

The largest available Studio apartment unit in Chicago, IL is found at 1221 N. LaSalle Lofts in the Magnificent Mile neighborhood and is 1,500 square feet priced from $3,000. Cobbler Square Lofts has the second largest Studio, which is sized at 1,067 square feet and currently listed start at $3,532. Here is today’s list of the largest available Studio units in Chicago:

Apartment ListingModel NameSquare FootagePriced From
1221 N. LaSalle LoftsStoreFront1,500 Sq Ft$3,000
Cobbler Square LoftsFS6L1,067 Sq Ft$3,532
824 E 53rd StLarge Studio800 Sq Ft$850

Cheapest Available Chicago Studio Apartments

As of January 16, 2026 the lowest priced Studio apartment unit in Chicago, IL is the Efficiencies Model starting from $675 at 6246 S. King Dr. in the Washington Park neighborhood. The second most affordable Chicago Studio is the No Kitchenette with Shared Bathroom Model at 5748 Blackstone By 3L Living starting at $688 in the Hyde Park neighborhood. The average price for all Studio apartments in Chicago is currently $1,956. Here is today’s list of the cheapest available Studio options in Chicago:

Apartment ListingModel NamePriced From
6246 S. King Dr.Efficiencies$675
5748 Blackstone By 3L LivingNo Kitchenette with Shared Bathroom$688
5445 Ingleside By 3L LivingLarge Co-Living Single Room$699
5540 Hyde Park by 3L LivingEfficiency Studio - East$699
Highlands Tudor Manor - 55+ CommunityStudio$700
2235 E 71st St Chicago, IL 60649Studio Apartment$770
Pine North0BR/1.0BA$775
Lakeside 1241Studio 1$820
4114 W Washington Blvd Chicago, IL 60624Studio Apartment$825
The Townhouse ApartmentsStudio, 1 bath$850

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.

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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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The 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.

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Cash 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.

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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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Quick 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.

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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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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 6246 S. King Dr. listed at $675.

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

The average rent for a Studio Apartment in Chicago is $1,956.

What is the largest available Studio Chicago Apartment for rent?

Today's apartment with the most square footage in Chicago is a 1,500 square feet unit starting from $3,000 at 1221 N. LaSalle 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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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.

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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.

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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.

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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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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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!