
Cheap Studio Apartments for Rent in Chicago, IL from $600 (901 Rentals) Page 6 of 19


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350 W. Oakdale

14 West Elm Apartments

Edge @ Sheridan - 5910 N Sheridan Rd

443 Wrightwood

431 W. Roscoe

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4036 N Ashland Ave, Unit E1

1100 North Lasalle

The Winnie

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811 W Cornelia Ave, Unit 3

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537 W Arlington Pl

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2907 N Mildred

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2722 N Kimball Ave, Unit 130

820 Michigan by 3L Living

1522 N La Salle Dr

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1136 N La Salle Dr

Sheridan Terrace - 6725 N Sheridan Rd

Buena Terrace - 4242 N Sheridan Rd

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3622 N Marshfield Ave, Unit 2B

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955 W Carmen Ave, Unit 1

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2834 N Mildred Ave, Unit J06W

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2905 N Mildred, Unit 2907-1

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1517 W Howard St

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3130 N. Lake Shore Drive

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4216 N Sheridan Rd, Unit 613

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1515 N Fremont St, Unit SI FL6-ID1283

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3340 N Marshfield Ave, Unit 3345-209

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837 W Wolfram St, Unit 407

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2207 W Eastwood Ave

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665 W Wrightwood

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639 W Wrightwood Ave, Unit #410

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845 W Wolfram St, Unit #305

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2424 N Kedzie Blvd, Unit 114

7645 N Sheridan Rd

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711 W Brompton Ave

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717 W Barry Ave

The Bryn - 5600 N Sheridan Rd

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441 W. Oakdale

The Nest at Lincoln Park West

Lathrop

The Sally

The Draper

The Teller House

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1555 W Hollywood Ave

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718 W Barry Ave, Unit J02W

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727 W Barry Ave, Unit #3B

445 W Barry

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633 W Barry, Unit 1

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4735 N Hermitage Ave, Unit 4

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4415 N Wolcott Ave, Unit 3
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 | $2,061 | $600 | $10,000+ |
| Chicago 1 Bedroom Apartments | $2,493 | $800 | $9,999 |
| Chicago 2 Bedroom Apartments | $3,109 | $850 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,776 | $695 | $10,000+ |
| Chicago 4 Bedroom Apartments | $4,330 | $1,025 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,473 | $750 | $10,000+ |
| Chicago 6 Bedroom Apartments | $9,843 | $1,795 | $10,000+ |
Browse Top Apartments in Chicago
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Chicago, IL Area Reviews
Nicole • 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 $726.
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 $2,357.
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 3,744 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 $439 which is $1,918 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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Written by: Nicole Harms
When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Written by: Nicole Harms
I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Written by: Nicole Harms
Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.