Cheap Studio Apartments for Rent in Chicago, IL from $595 (769 Rentals) Page 4 of 16

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515 W. Briar
$1,387 - $1,594
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$1,387 - $2,249
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515 W. Briar

515 W Briar PlChicago, IL 60657
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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1329 W Wilson Ave, Unit 607
$1,395
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Total Monthly Price

Base Rent
$1,395
Total Monthly Price
$1,395
Studio Apartment Available Now

1329 W Wilson Ave, Unit 607

1329 W Wilson AveChicago, IL 60640
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441 W. Barry
$1,412 - $1,659
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$1,412 - $2,873
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441 W. Barry

441 W Barry AveChicago, IL 60657
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430-446 W. Diversey
$1,445 - $1,596
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$1,445 - $3,284
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430-446 W. Diversey

430-446 W Diversey PkyChicago, IL 60614
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Showing Results 151-200, Page 4 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 $745.

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 $2,302.

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 2,414 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 $452 which is $1,850 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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