
Cheap Studio Apartments for Rent in Chicago, IL from $575 (840 Rentals) Page 14 of 17


5453-5461 S Everett Ave

3838 N. Broadway

721 W. Belmont

Drexel Grand

2046 N. Orleans

Jackson Park Terrace

3734 W. Diversey Ave.

Sheridan Courts

4241 Kenmore Apartments

Scotland Yard

5314 N Damen Ave

Park Wellington Apartments

Reside at 823

4455 S. Greenwood Avenue

625 W Wrightwood

Kenmore

The Sovereign Apartments

North Park Village Apts - 62+

523-31 W. Fullerton

Everett Hyde Park

1251 S Michigan - Senior Living

1261 W Argyle

7600 N Sheridan Rd

543-49 W. Arlington Pl.

The Schoolhouse

701 W Brompton

The Bachelor

4501-4515 N Malden St

Commonwealth Apartments

1101 W Granville Ave

2738 N. Pine Grove

1325 W Wilson Ave

4600 Beacon

424 W. Oakdale Ave.

1521 W Sherwin Ave

1363-67 E. 53rd St.

517-25 W. Brompton Ave.

742 W. Fullerton

6710 N Sheridan

839 Diversey

11 W. Division

629 W. Deming

1939 N. Lincoln

Ellis Court

5501 S. Cornell

612 W Patterson

6211 N Kenmore

530 W. Diversey

444 W. St. James Pl.
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 | $1,965 | $575 | $7,500 |
| Chicago 1 Bedroom Apartments | $2,427 | $650 | $10,000+ |
| Chicago 2 Bedroom Apartments | $2,941 | $850 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,722 | $740 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,835 | $675 | $10,000+ |
| Chicago 5 Bedroom Apartments | $9,119 | $2,400 | $10,000+ |
| Chicago 6 Bedroom Apartments | $15,543 | $2,925 | $10,000+ |
Explore Chicago
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 $7,465.
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 5,751 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 $6,957 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.

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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.

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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.