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Studio Apartments
1939 N. Lincoln
1939 N Lincoln AveChicago, IL 60614
Cheap Studio Apartments for Rent in Chicago, IL from $550 (850 Rentals) Page 15 of 17
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Studio Apartments
612 W Patterson
612 W PattersonChicago, IL 60613
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Studio Apartments
6211 N Kenmore
6211 N Kenmore AveChicago, IL 60660
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Studio Apartments
1261 W Argyle
1354 W Argyle StChicago, IL 60640
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Studio Apartments
The Jonquil Terrace
1649-1655 Jonquil TerChicago, IL 60626
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Studio Apartments
The Sherwin at Jarvis Square
1608 W SherwinChicago, IL 60626
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Studio Apartments
515 W. Barry
515 W Barry AveChicago, IL 60657
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Studio Apartments
The Sutherland
4659 S Drexel BlvdChicago, IL 60653
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Studio Apartments
Rockwell Courtyard Apartments
2317-2327 N Rockwell StChicago, IL 60647
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Studio Apartments
1157 W. Diversey
1157-1159 W Diversey PkyChicago, IL 60614
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Studio Apartments
2244 N. Cleveland
2244 N Cleveland AveChicago, IL 60614
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Studio Apartments
444 W. St. James Pl.
444 W Saint JamesChicago, IL 60614
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Studio Apartments
1065 N. Hermitage Ave.
1065 N Hermitage AveChicago, IL 60622
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Studio Apartments
7258 S Artesian Ave
7258 S Artesian AveChicago, IL 60629
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Studio Apartments
Northside Chicago and Evanston Apartmen
7219 N Sheridan RdChicago, IL 60626
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Studio Apartments
The Mabel Exchange Apartments
5920 N Ridge AveChicago, IL 60660
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Studio Apartments
540 West Roscoe Street
540 W Roscoe StChicago, IL 60657
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Studio Apartments
1355 N. Dearborn Street
1355 N Dearborn StChicago, IL 60610
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Studio Apartments
Reside at Belmont Harbor
426 W Belmont AveChicago, IL 60657
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Studio Apartments
2970 N Sheridan
2970 N Sheridan RdChicago, IL 60657
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Studio Apartments
Reside at 849
849-863 W Buena AveChicago, IL 60613
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Studio Apartments
537 W. Melrose
537 W Melrose StChicago, IL 60657
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Studio Apartments
The Oliver on LaSalle
1140 N Lasalle StChicago, IL 60610
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Studio Apartments
4102 N Sheridan Rd
4102 N Sheridan RdChicago, IL 60613
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Studio Apartments
5800 North Sheridan
5800 N Sheridan RdChicago, IL 60660
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Studio Apartments
8524-8532 W Gregory St
8524-8532 W Gregory StChicago, IL 60656
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Studio Apartments
The 1521 Sherwin
1521 W Sherwin AveChicago, IL 60626
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Studio Apartments
The New York Private Residences
3660 N Lake Shore DrChicago, IL 60613
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Studio Apartments
8139-8145 S Maryland Ave
8139 S Maryland AveChicago, IL 60619
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Studio Apartments
Somerset Place Apartments
5009 N Sheridan RdChicago, IL 60640
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Studio Apartments
Reside at 823
823 W Buena AveChicago, IL 60613
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Studio Apartments
Reside 707
707 W Sheridan RdChicago, IL 60613
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Studio Apartments
6720 N Sheridan
6720 N Sheridan RdChicago, IL 60626
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Studio Apartments
600 N Lake Shore Dr
600 N Lake Shore DrChicago, IL 60611
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Studio Apartments
Luxury condo unit
333 N CanalChicago, IL 60606
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Studio Apartments
55 E Erie St
55 E Erie StChicago, IL 60611
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Studio Apartments
Illume
111 S Peoria StChicago, IL 60607
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Studio Apartments
R+D659
645-659 W Randolph StChicago, IL 60661
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Studio Apartments
520 W Belden Ave
520 W Belden AveChicago, IL 60614
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Studio Apartments
The Mondrian
4714 N Sheridan RdChicago, IL 60640
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Studio Apartments
450-508 W. Aldine
452 W Aldine AveChicago, IL 60657
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Studio Apartments
660 W. Barry
660 W Barry AveChicago, IL 60657
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Studio Apartments
Wicker Park Lofts
1515-1519 W Haddon AveChicago, IL 60642
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Studio Apartments
5630 N Sheridan Rd
5630 N Sheridan RdChicago, IL 60660
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Studio Apartments
The Colony
6001 N KenmoreChicago, IL 60660
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Studio Apartments
The Ivy
941 W Carmen AveChicago, IL 60640
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Studio Apartments
1030 W George
1030 W George StChicago, IL 60657
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Studio Apartments
530 W. Arlington Pl.
530 W Arlington PlChicago, IL 60614
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Studio Apartments
Montauk
1550 N Wieland StChicago, IL 60610
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Studio Apartments
Centrum Lakeview Phase II
3418 N Lincoln AveChicago, IL 60657
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 | $1,935 | $550 | $5,378 |
| Chicago 1 Bedroom Apartments | $2,479 | $640 | $10,000+ |
| Chicago 2 Bedroom Apartments | $3,098 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,931 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,940 | $970 | $10,000+ |
| Chicago 5 Bedroom Apartments | $7,370 | $1,405 | $10,000+ |
| Chicago 6 Bedroom Apartments | $9,039 | $850 | $10,000+ |
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Chicago, IL Area Reviews
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Write a ReviewNicole • 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 $735.
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 $7,546.
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 4,541 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 $492 which is $7,054 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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.