
Cheap Studio Apartments for Rent in Chicago, IL from $575 (844 Rentals) Page 3 of 17


2519 S Millard Ave

Parkway Apartments

Total Monthly Price
Wyndham Apartments

1634 W Howard St

4700 Lake Park Apartments

Winthrop Manor

The Onyx on Carmen

The Onyx on Sheridan

701 W Belmont Ave, Unit A06C

717 W Belmont Ave, Unit A09C

4871 N Magnolia Ave, Unit 410

4542 N Damen Ave, Unit #4546-413

The Rosie

Eden Commons

6006 N Kenmore Ave

503 W Belmont Ave, Unit 5i

4616 N Paulina St, Unit #4614-209

1858 N Humboldt Blvd, Unit 203

1746 N Humboldt Blvd, Unit S

1700 N Humboldt Blvd, Unit S

1840 N Humboldt Blvd, Unit 304

750 W Cornelia Ave

4828 N Damen Ave, Unit 414

4647 N Paulina St, Unit #4641-106

1746 N Humboldt Blvd, Unit 307

1624 W Lunt Ave, Unit #3A

6200 N Clark St, Unit Unit 26-3A

5051 N Glenwood Ave, Unit #1H

649 W Belmont Ave, Unit 2E

501 W Belmont Ave, Unit 2E

1621 N Humboldt Blvd, Unit Stu

4542 N Damen Ave, Unit A03C

7451 N Greenview Ave, Unit 23

3832 N Fremont, Unit A00C

3836 N Fremont, Unit A07C

3824 N Fremont St, Unit A07C

4542 N Damen Ave, Unit 210

1850 N Humboldt Blvd

1840 N Humboldt Blvd, Unit 1

1700 N Humboldt Blvd, Unit S

1820 N Humboldt Blvd, Unit S

501 W Belmont Ave, Unit #2E

1844 N Humboldt Blvd, Unit S

1750 N Humboldt Blvd, Unit J09P

625 W Cornelia, Unit #177

6347 N Magnolia Ave, Unit 2M

6347 N Magnolia Ave

5718 N Winthrop Ave

4452 N Damen Ave, Unit #H3
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 | $1,963 | $575 | $7,500 |
| Chicago 1 Bedroom Apartments | $2,432 | $650 | $10,000+ |
| Chicago 2 Bedroom Apartments | $2,972 | $850 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,697 | $740 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,998 | $675 | $10,000+ |
| Chicago 5 Bedroom Apartments | $8,856 | $2,400 | $10,000+ |
| Chicago 6 Bedroom Apartments | $16,948 | $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 $7,545.
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 5,711 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 $502 which is $7,043 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.