Cheap Studio Apartments for Rent in Chicago, IL from $532 (1,117 Rentals)Page 13 of 23

Lawrence Lofts

640 W Wrightwood Ave

3600 N Lake Shore Dr

The Winnie

EDGE on Broadway

632-42 W Addison

510 W Briar Pl

Sheridan Tower - 5650 N Sheridan Rd

1140 N La Salle Dr

1140 N La Salle Dr

4413 N Wolcott Ave, Unit M392

2832 W Palmer St, Unit 110

4419 N Wolcott Ave, Unit M03B

4038 N Ashland Ave, Unit M09B

350 W Oakdale

615 W Patterson Ave

1912 N Lincoln Ave

627 W Melrose St, Unit K1

667 W Cornelia Ave, Unit #116

503 W Belmont Ave, Unit 23

515 W Belmont Ave, Unit S

3346 N Marshfield Ave, Unit 402

511 W Belmont Ave

3345 N Marshfield Ave

4407 N Wolcott Ave

2330 N Spaulding Ave

2330 N Spaulding Ave

4041.5 N Ashland Ave

1167 N Dearborn St

2424 N Kedzie Blvd, Unit M06B

4325 N Hermitage Ave, Unit B3

4805 N Wolcott Ave, Unit GA

539 W Arlington, Unit 630-4

516 W Cornelia Ave

Buena Terrace - 4242 N Sheridan Rd

2424 N.Clark

432.5 W Belden Ave

2618 N Kimball Ave, Unit 1

2837 W Palmer

837 W Wolfram St

2834 W Palmer St
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 | $2,060 | $532 | $9,059 |
Chicago 1 Bedroom Apartments | $2,636 | $700 | $10,000+ |
Chicago 2 Bedroom Apartments | $3,243 | $899 | $10,000+ |
Chicago 3 Bedroom Apartments | $3,756 | $655 | $10,000+ |
Chicago 4 Bedroom Apartments | $3,522 | $550 | $10,000+ |
Chicago 5 Bedroom Apartments | $4,216 | $925 | $6,995 |
Chicago 6 Bedroom Apartments | $4,097 | $1,600 | $6,595 |
Explore Chicago
Getting Around Chicago, IL
Walk Score®
83 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
77 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
66 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $795.
What is the price of a cheap apartment in Chicago?
The cheapest apartment in Chicago is 1155 W 83rd St which is listed at $650, while the average apartment in Chicago costs $3,255.
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 2,745 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 $400 which is $2,855 cheaper than the average rent for all rentals in Chicago.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.