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


6540 N. Ashland

5202-5210 S. Cornell Avenue

The Windale

North Shore Apartments

Campus Court Apartments

1504 N Dearborn Pkwy

500 W. Fullerton Parkway

3935 W Diversey

5528-5532 S. Everett Avenue

1338 W Argyle

Ravenswood Vista Apartments

2046 N. Orleans

5457-5459 S. Blackstone Avenue

3945-59 N. Janssen Ave.

4455 S. Greenwood Avenue

5453-5461 S Everett Ave

Jackson Park Terrace

Sheridan Courts

Scotland Yard

5314 N Damen Ave

5336-5338 S. Hyde Park Boulevard

455 W. Wellington

450 W. Melrose

5300-5308 S. Hyde Park Boulevard

4407-09 N. Malden St.

The Sovereign Apartments

625 W Wrightwood

2411 West Fitch

5651 N Miltimore Ave

North Park Village Apts - 62+

536 W. Addison

Montserrat at Loyola Station

Cornell Terrace

523-31 W. Fullerton

Everett Hyde Park

1251 S Michigan - Senior Living

The Schoolhouse

701 W Brompton

543-49 W. Arlington Pl.

Catalpa Vista Apartments

4606 N. Hermitage

3616 N. Pine Grove Ave.

Commonwealth Apartments

The 1521 Sherwin

1101 W Granville Ave

1325 W Wilson

6006 N Kenmore Ave

1440 E. 52nd Street

839 Diversey
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 | $2,032 | $600 | $9,640 |
| Chicago 1 Bedroom Apartments | $2,475 | $700 | $9,987 |
| Chicago 2 Bedroom Apartments | $3,069 | $850 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,871 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $4,054 | $970 | $10,000+ |
| Chicago 5 Bedroom Apartments | $8,104 | $1,995 | $10,000+ |
| Chicago 6 Bedroom Apartments | $6,309 | $750 | $10,000+ |
Explore Chicago
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 $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

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.

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.

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.

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

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.

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.

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.

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.