
Cheap Studio Apartments for Rent in Chicago, IL from $595 (773 Rentals) Page 13 of 16


5336-5338 S. Hyde Park Boulevard

455 W. Wellington

450 W. Melrose

5300-5308 S. Hyde Park Boulevard

5746 North Sheridan Apartments

5653-59 N. Magnolia

4407-09 N. Malden St.

The Sovereign Apartments

3734 W. Diversey Ave.

4606 N. Hermitage

5651 N Miltimore Ave

625 W Wrightwood

North Park Village Apts - 62+

Montserrat at Loyola Station

523-31 W. Fullerton

Everett Hyde Park

1251 S Michigan - Senior Living

The Schoolhouse

701 W Brompton

543-49 W. Arlington Pl.

Commonwealth Apartments

1101 W Granville Ave

1325 W Wilson

1338 W Argyle

1261 W Argyle

422-24 Melrose

839 Diversey

6710 N Sheridan

536 W. Addison

629 W. Deming

742 W. Fullerton

1440 E. 52nd Street

1939 N. Lincoln

6211 N Kenmore

612 W Patterson

6006 N Kenmore Ave

Brix on Morse

1030 W George St

Reside at Belmont Harbor

1157 W. Diversey

Rockwell Courtyard Apartments

2244 N. Cleveland

1065 N. Hermitage Ave.

7258 S Artesian Ave

The Mabel Exchange Apartments

Northside Chicago and Evanston Apartmen

515 W. Barry

540 West Roscoe Street

1355 N. Dearborn Street
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 | $2,036 | $595 | $5,920 |
| Chicago 1 Bedroom Apartments | $2,465 | $640 | $9,987 |
| Chicago 2 Bedroom Apartments | $3,068 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,717 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $4,031 | $924 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,846 | $2,695 | $10,000+ |
| Chicago 6 Bedroom Apartments | $16,990 | $7,000 | $10,000+ |
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Chicago, IL Area Reviews
Nicole • 4+ years in Chicago
April 10, 2026Big 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 $726.
What is the price of a cheap apartment in Chicago?
The cheapest apartment in Chicago is Highlands Tudor Manor - 55+ Community which is listed at $700, while the average apartment in Chicago costs $2,308.
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 2,338 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 $462 which is $1,846 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.
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