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


308 Elizabeth Street

Water Tower

43-63 Forest Ave

The Ray Apartments

The Oak Crest

860 Hinman

722 Clark St

16 W Busse Ave

Forest Park Apartments Bldg 1

817 S. Oak Park Ave.

Bon Villa Apartments

North Court

Broadview Apartments

432-438 N. Austin Blvd.

2110 S 5th Ave Maywood, IL 60153

1010 S 2nd Ave Maywood, IL 60153

301 Harrison

2115 S 4th Ave 2122 and 2125 S 4th Ave Maywood, IL 60153

255 S Maple

504-508 S. Cuyler Ave.

105 S. Taylor and 107 South Blvd.

300 Madison St

1729-1745 Sherman Ave

Maple 112-116 1/2

944-964 S. Oak Park Avenue

Glenview West

905-915 Elmwood

532 Des Plaines Ave.

The Stewart

996-1012 Main St

130-142 N. Humphrey Ave.

1036-1038 Randolph St

Liberty Village

Royal Arms Apartments

Elmwood Towers

1303 Maple

1575 Oak

617 Grove

ReNew Des Plaines North

730-734 Carpenter Ave.

1410 Chicago

165 S. Oak Park Ave.

6605 North Ave.
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
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
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
Written by: Bob Mallory
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.