Cheap Studio Apartments for Rent in Chicago, IL from $600 (801 Rentals) Page 13 of 17

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6540 N. Ashland
Studio Apartments

6540 N. Ashland

6540 N Ashland AveChicago, IL 60626
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The Windale
Studio Apartments

The Windale

6019 N Winthrop AveChicago, IL 60660
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1504 N Dearborn Pkwy
Studio Apartments

1504 N Dearborn Pkwy

1504 N Dearborn PkyChicago, IL 60610
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3935 W Diversey
Studio Apartments

3935 W Diversey

3935-3945 W Diversey AveChicago, IL 60647
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1338 W Argyle
Studio Apartments

1338 W Argyle

1338-1354 W Argyle StChicago, IL 60640
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2046 N. Orleans
Studio Apartments

2046 N. Orleans

2046 N Orleans StChicago, IL 60614
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Jackson Park Terrace
Studio Apartments

Jackson Park Terrace

6040 S Harper AveChicago, IL 60637
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Sheridan Courts
Studio Apartments

Sheridan Courts

4116-4136 N Sheridan RdChicago, IL 60613
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Scotland Yard
Studio Apartments

Scotland Yard

4215-4265 N Broadway StChicago, IL 60613
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5314 N Damen Ave
Studio Apartments

5314 N Damen Ave

5314 N Damen AveChicago, IL 60625
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450 W. Melrose
Studio Apartments

450 W. Melrose

450 W Melrose StChicago, IL 60657
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625 W Wrightwood
Studio Apartments

625 W Wrightwood

625 W WrightwoodChicago, IL 60614
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2411 West Fitch
Studio Apartments

2411 West Fitch

2401 W Fitch AveChicago, IL 60645
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5651 N Miltimore Ave
Studio Apartments

5651 N Miltimore Ave

5651 N Miltimore AveChicago, IL 60646
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536 W. Addison
Studio Apartments

536 W. Addison

536 W Addison StChicago, IL 60613
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Cornell Terrace
Studio Apartments

Cornell Terrace

5430 S Cornell AveChicago, IL 60615
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Everett Hyde Park
Studio Apartments

Everett Hyde Park

5501-5527 S Everett AveChicago, IL 60637
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The Schoolhouse
Studio Apartments

The Schoolhouse

4641 N Ashland AveChicago, IL 60640
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701 W Brompton
Studio Apartments

701 W Brompton

701 W Brompton AveChicago, IL 60657
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4606 N. Hermitage
Studio Apartments

4606 N. Hermitage

4606 N Hermitage AveChicago, IL 60640
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The 1521 Sherwin
Studio Apartments

The 1521 Sherwin

1521 W Sherwin AveChicago, IL 60626
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1325 W Wilson
Studio Apartments

1325 W Wilson

1325 W Wilson AveChicago, IL 60640
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6006 N Kenmore Ave
Studio Apartments

6006 N Kenmore Ave

6006 N Kenmore AveChicago, IL 60660
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839 Diversey
Studio Apartments

839 Diversey

839 W Diversey PkyChicago, IL 60614
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Chicago, IL Area Reviews

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Nicole4+ 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 $724.

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 $7,399.

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 3,261 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 $508 which is $6,891 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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.