Cheap Studio Apartments for Rent in Chicago, IL from $595 (774 Rentals) Page 15 of 16

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Southmoor Apartments
Studio Apartments

Southmoor Apartments

5946 Hohman AveHammond, IN 46320
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Casa Heritage
Studio Apartments

Casa Heritage

10315 W Palmer AveMelrose Park, IL 60164
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1400 Chicago Ave
Studio Apartments

1400 Chicago Ave

1400 Chicago AveEvanston, IL 60201
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1850 S 61st Ct
Studio Apartments

1850 S 61st Ct

1850 S 61st CtCicero, IL 60804
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520 Elgin Ave
Studio Apartments

520 Elgin Ave

520 Elgin AveForest Park, IL 60130
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6621 W Norwood Ct
Studio Apartments

6621 W Norwood Ct

6621 W Norwood CtHarwood Heights, IL 60706
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Oak Park
Studio Apartments

Oak Park

853 Washington BlvdOak Park, IL 60302
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Grove Apartments
Studio Apartments

Grove Apartments

1939 Grove AveBerwyn, IL 60402
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Live in Oak Park
Studio Apartments

Live in Oak Park

1041 South BlvdOak Park, IL 60302
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43-63 Forest Ave
Studio Apartments

43-63 Forest Ave

43-63 Forest AveRiverside, IL 60546
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Water Tower
Studio Apartments

Water Tower

24-38 East AveRiverside, IL 60546
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The Ray Apartments
Studio Apartments

The Ray Apartments

1118-1126 S Austin BlvdOak Park, IL 60304
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The Oak Crest
Studio Apartments

The Oak Crest

1570 Oak AveEvanston, IL 60201
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16 W Busse Ave
Studio Apartments

16 W Busse Ave

16 W Busse AveMount Prospect, IL 60056
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817 S. Oak Park Ave.
Studio Apartments

817 S. Oak Park Ave.

817-819 S Oak Park AveOak Park, IL 60304
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Bon Villa Apartments
Studio Apartments

Bon Villa Apartments

320 Wisconsin AveOak Park, IL 60302
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North Court
Studio Apartments

North Court

480 N Austin BlvdOak Park, IL 60302
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301 Harrison
Studio Apartments

301 Harrison

301 Harrison StOak Park, IL 60304
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255 S Maple
Studio Apartments

255 S Maple

1140-1144 N Randolph StOak Park, IL 60302
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300 Madison St
Studio Apartments

300 Madison St

300 Madison StOak Park, IL 60302
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Glenview West
Studio Apartments

Glenview West

4202-4208 Central RdGlenview, IL 60025
Showing Results 701-750, Page 15 of 16

Chicago, IL Area Reviews

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Nicole • 4+ 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 $726.

What is the price of a cheap apartment in Chicago?

The cheapest apartment in Chicago is Highlands Tudor Manor - 55+ Community which is listed at $700, while the average apartment in Chicago costs $2,308.

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 2,338 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 $462 which is $1,846 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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The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Written by: Nicole Harms

When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Written by: Nicole Harms

I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

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Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Written by: Nicole Harms

Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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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

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.