Cheap Studio Apartments for Rent in Chicago, IL from $550 (850 Rentals) Page 10 of 17

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Damen Apartments
Studio Apartments

Damen Apartments

4851 N DamenChicago, IL 60625
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1055 W. Catalpa Ave.
Studio Apartments

1055 W. Catalpa Ave.

1055 W Catalpa AveChicago, IL 60640
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Hyde Park / Kenwood
Studio Apartments

Hyde Park / Kenwood

4400-4404 S Drexel BlvdChicago, IL 60653
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Vintage Courtyard
Studio Apartments

Vintage Courtyard

1357 W Greenleaf AveChicago, IL 60626
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The Sheridan Pratt
Studio Apartments

The Sheridan Pratt

6758 N Sheridan RdChicago, IL 60626
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6163 N Kenmore Ave
Studio Apartments

6163 N Kenmore Ave

6163 N Kenmore AveChicago, IL 60660
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Ashland Court
Studio Apartments

Ashland Court

6822 N Ashland AveChicago, IL 60626
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4831 N Kimball Ave
Studio Apartments

4831 N Kimball Ave

4831 N Kimball AveChicago, IL 60625
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1016 W Hollywood Ave
Studio Apartments

1016 W Hollywood Ave

1016 W Hollywood AveChicago, IL 60660
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7903 S Eberhart
Studio Apartments

7903 S Eberhart

7903 S Eberhart AveChicago, IL 60619
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1203 W Balmoral
Studio Apartments

1203 W Balmoral

1203 W Balmoral AveChicago, IL 60640
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5402 W Rice St
Studio Apartments

5402 W Rice St

5402 W Rice StChicago, IL 60651
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The Joseph
Studio Apartments

The Joseph

5450 N Winthrop AveChicago, IL 60640
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6726 N Glenwood Ave
Studio Apartments

6726 N Glenwood Ave

6726 N Glenwood AveChicago, IL 60626
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Columbus Tower
Studio Apartments

Columbus Tower

7855 S Kedzie AveChicago, IL 60652
Senior Living
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620 W. Surf
Studio Apartments

620 W. Surf

620 W Surf StChicago, IL 60657
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5634 N Kenmore Ave
Studio Apartments

5634 N Kenmore Ave

5634 N Kenmore AveChicago, IL 60660
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1525 W Estes Ave
Studio Apartments

1525 W Estes Ave

1525 W Estes AveChicago, IL 60626
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4641 N Paulina St
Studio Apartments

4641 N Paulina St

4641 N PaulinaChicago, IL 60640
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5820 N Sheridan Rd
Studio Apartments

5820 N Sheridan Rd

5820 N Sheridan RdChicago, IL 60660
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6031 N Kenmore Ave
Studio Apartments

6031 N Kenmore Ave

6031 N Kenmore AveChicago, IL 60660
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10627-33 S. Hale Ave
Studio Apartments

10627-33 S. Hale Ave

10627-33 S Hale AveChicago, IL 60643
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6100 Eberhart
Studio Apartments

6100 Eberhart

6100 S Eberhart AveChicago, IL 60637
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Catherine Courts
Studio Apartments

Catherine Courts

8503 W Catherine AveChicago, IL 60656
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549 W. Aldine
Studio Apartments

549 W. Aldine

549 W AldineChicago, IL 60657
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815-823 W Bradley Pl
Studio Apartments

815-823 W Bradley Pl

815-823 W Bradley PlChicago, IL 60613
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Showing Results 451-500, Page 10 of 17

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 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 $735.

What is the price of a cheap apartment in Chicago?

The cheapest apartment in Chicago is 5445 Ingleside By 3L Living which is listed at $684, while the average apartment in Chicago costs $7,546.

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 4,541 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 $492 which is $7,054 cheaper than the average rent for all rentals in Chicago.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.