
Cheap Studio Apartments for Rent in Chicago, IL from $575 (844 Rentals) Page 12 of 17


Ivy Dickens

2600 W. Logan Blvd

4614 N Paulina

Foswyn

Ivy at Carlson

320 N Mason Ave Chicago, IL 60644

5136 S Kimbark Ave

The Bell Shore

Artists in Residence I & II

Ivy at Sylvan

1135 W. Pratt

2300-02 N. Sheffield Ave. / 1000-12 W. Belden Ave

2840 N Orchard St

6701 N. Glenwood

1412 Chase

1011 Clark

4407 Wolcott

505 W Belmont Building

Schubert Square

Kenmore + Irving

4610 N Hermitage Ave

5114-5118 South Kimbark Avenue Apartments

Dayton Court Apartments

5907-5909 N Kenmore Ave

1257 W Lunt Ave

6752 S Michigan Ave

4720 S Drexel Blvd Chicago, IL 60615

Briar Apartments

Ivy Gayles

Woodlawn House Apartments

Ivy Kenwood

6930 Greenview

4130 N Keystone Ave

The North Hotel

5326 S Cornell Ave

660 Wrightwood

4735 Beacon

The Park Terrace

Edgewater Apartments

2411 West Fitch

The Ambassador

Ski School Apartments

Everett Apartments

6938 S Cregier Ave.

640 Briar

3449 N Elaine Pl

1531 W Howard St

The Brittany

Reside at 2525
Chicago, IL Local Guide

How much does it cost to rent an apartment in Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chicago Studio Apartments | $1,963 | $575 | $7,500 |
| Chicago 1 Bedroom Apartments | $2,432 | $650 | $10,000+ |
| Chicago 2 Bedroom Apartments | $2,972 | $850 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,697 | $740 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,998 | $675 | $10,000+ |
| Chicago 5 Bedroom Apartments | $8,856 | $2,400 | $10,000+ |
| Chicago 6 Bedroom Apartments | $16,948 | $2,925 | $10,000+ |
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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 $710.
What is the price of a cheap apartment in Chicago?
The cheapest apartment in Chicago is 6246 S. King Dr. which is listed at $675, while the average apartment in Chicago costs $7,545.
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 5,711 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 $502 which is $7,043 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

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
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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
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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
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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
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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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
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Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
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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.