
Cheap Studio Apartments for Rent in Chicago, IL from $532 (1,103 Rentals)Page 6 of 23


1850 N Humboldt Blvd

4549 N Damen Ave

Reside at Belmont Harbor

Sheridan Terrace - 6725 N Sheridan Rd

The Bachelor

The Lawrence House

3834 N Fremont

1627 N Humboldt Blvd

4832 N Damen Ave

714 W Belmont Ave

1627 N Humboldt Blvd

1333 W Birchwood Ave

3835 N Fremont St, Unit 204

3346 N Marshfield Ave, Unit 410

717 W Belmont Ave, Unit 711-401

1333 W Birchwood Ave

3834 N Fremont St

1742 N Humboldt Blvd

3831 N Fremont St

1742 N Humboldt Blvd

2737 N Spaulding Ave

4501 Malden St

3257 W Wrightwood Ave

4929 N Whipple St

4844 N Rockwell St

4866 N Magnolia Ave

7735 N Sheridan Rd

1145 W Morse Ave

7735 N Sheridan Rd

1421 W Farwell Ave

4866 N Magnolia Ave

1421 W Farwell Ave

4866 N Magnolia Ave

711 W Belmont Ave, Unit M09B

3835 N Fremont St, Unit M08B

6755 N Sheridan Rd, Unit 247

3817 N Fremont St, Unit #204

6008 N Winthrop Ave, Unit 110

6022 N Winthrop Ave, Unit 1c

1743 N Humboldt Blvd, Unit M05B

7737 N Sheridan Rd, Unit 55-1

1333 W Birchwood Ave

7755 N Sheridan Rd

1333 W Birchwood Ave

4870 N Magnolia Ave, Unit 409

1333 W Birchwood 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 | $2,056 | $532 | $9,059 |
Chicago 1 Bedroom Apartments | $2,624 | $700 | $10,000+ |
Chicago 2 Bedroom Apartments | $3,251 | $950 | $10,000+ |
Chicago 3 Bedroom Apartments | $3,779 | $655 | $10,000+ |
Chicago 4 Bedroom Apartments | $3,491 | $850 | $10,000+ |
Chicago 5 Bedroom Apartments | $4,154 | $925 | $6,995 |
Chicago 6 Bedroom Apartments | $4,097 | $1,600 | $6,595 |
Explore Chicago
Getting Around Chicago, IL
Walk Score®
83 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
77 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
66 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $795.
What is the price of a cheap apartment in Chicago?
The cheapest apartment in Chicago is 1155 W 83rd St which is listed at $650, while the average apartment in Chicago costs $3,248.
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 2,581 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 $398 which is $2,850 cheaper than the average rent for all rentals in Chicago.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.