Cheap Studio Apartments for Rent in Chicago, IL from $532 (1,119 Rentals)Page 14 of 23

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Chatelaine Apartments
Studio Apartments

Chatelaine Apartments

4911 N Winthrop AveChicago, IL 60640
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935-941 E 81st St
Studio Apartments

935-941 E 81st St

935-941 E 81st StChicago, IL 60619
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Ingleside Building
Studio Apartments

Ingleside Building

8101-8125 S Ingleside AveChicago, IL 60619
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1121-1123 E 82nd St
Studio Apartments

1121-1123 E 82nd St

1121-1123 E 82nd StChicago, IL 60619
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The Doral
Studio Apartments

The Doral

7616 S South Shore DrChicago, IL 60649
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Hyde Park Beach
Studio Apartments

Hyde Park Beach

5325-5327 S Cornell AveChicago, IL 60615
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5401 S Ellis Ave
Studio Apartments

5401 S Ellis Ave

5401 S Ellis AveChicago, IL 60615
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11000 S Michigan Ave
Studio Apartments

11000 S Michigan Ave

11000 S Michigan AveChicago, IL 60628
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6957 S Michigan Ave
Studio Apartments

6957 S Michigan Ave

6957 S Michigan AveChicago, IL 60637
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741-53 E 79th St
Studio Apartments

741-53 E 79th St

741-753 E 79th StChicago, IL 60619
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6739 S Jeffery Blvd
Studio Apartments

6739 S Jeffery Blvd

6739 S Jeffery BlvdChicago, IL 60649
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1536 E. 83rd Place
Studio Apartments

1536 E. 83rd Place

1536 E 83rd PlChicago, IL 60619
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7622 N Sheridan Rd
Studio Apartments

7622 N Sheridan Rd

7622 N Sheridan RdChicago, IL 60626
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7256 S Rhodes Ave
Studio Apartments

7256 S Rhodes Ave

7256 S Rhodes AveChicago, IL 60619
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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

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 $805.

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 $3,248.

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 2,780 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 $408 which is $2,840 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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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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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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.

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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.