
Cheap Studio Apartments for Rent in Chicago, IL from $575 (844 Rentals) Page 15 of 17


6211 N Kenmore

530 W. Diversey

444 W. St. James Pl.

530 W. Arlington Pl.

828 W. Fullerton

Brix on Morse

520-28 W. Surf St.

2244 N. Cleveland

1157 W. Diversey

Rockwell Courtyard Apartments

1065 N. Hermitage Ave.

620 W. Belmont

73rd/ Artesian

5405-5407 S. Woodlawn Avenue

Northside Chicago and Evanston Apartmen

The Sherwin at Jarvis Square

641 W. Aldine

The Mabel Exchange Apartments

211 E. Delaware

2970 N Sheridan

1036 N. Dearborn

1355 N. Dearborn Street

Artista 55

Reside at 849

540 W. Briar

4102 N Sheridan Rd

5800 North Sheridan

11214-18 S Indiana

The Arbor Winthrop North

8524-8532 W Gregory St

3660 N Lake Shore Dr

768 W. Jackson

Somerset Place Apartments

6720 N Sheridan

R+D659

Illume

Luxury condo unit

600 N Lake Shore Dr

55 E Erie St

2256 N. Cleveland

The Mondrian

520 W Belden Ave

2677 N Lincoln Ave, Chicago, IL 60614

East Park Tower

660 W. Barry

Wicker Park Lofts

The Ivy

5630 N Sheridan Rd

Reside on Wellington
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+ |
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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.
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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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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.

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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.