
Cheap Studio Apartments for Rent in Chicago, IL from $600 (904 Rentals) Page 7 of 19


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4415 N Wolcott Ave, Unit 3

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703 W Brompton Ave, Unit 3

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2844 N Orchard St, Unit 3

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727 W Barry Ave, Unit #3B

445 W Barry

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2846 N Orchard St, Unit 44

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1553 W Hollywood Ave

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711 W Brompton Ave

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437 W Belden

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1500 N Dearborn Pky, Unit #4C

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2934 W Palmer St, Unit 2936-106

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2838 W Palmer St, Unit 105

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442 W Belden Ave, Unit A04C

Roosevelt Square

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627 W Melrose St

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2408 N Kedzie Blvd, Unit 202

30 East Roosevelt

Canterbury Court Apartments

The Rosie

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423 W Belden Ave

1379 N Lake Shore Dr

1350 N Lake Shore Dr

611 W Briar Pl

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3815 N Greenview Ave

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535 W Arlington Pl

3161 N Cambridge Ave

1763 N Wells St

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437 W Belden

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818 W Diversey Pky, Unit G

2319 N Rockwell St, Unit B2

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560 W Arlington

4600 N Broadway

Platform 4611 Uptown Chicago

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1000 N. LaSalle

550 W Arlington

Sheridan Lake - 6401 N Sheridan Rd

Windermere House

The Montrose

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456 W Barry Ave, Unit A03C

Oakdale Terrace - 525 W Oakdale Ave

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55 W. Chestnut

5550 S Dorchester

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910 W George St, Unit STUDIO

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3814 N Greenview Ave, Unit 3819-3W

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722 W Roscoe St, Unit 726-1N

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456 W Barry Ave

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544 W Surf St

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715 W Brompton 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 | $2,061 | $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
See all Apartments in ChicagoExplore Chicago
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
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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
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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
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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

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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
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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
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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
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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.
