Cheap Studio Apartments for Rent in Chicago, IL from $595 (770 Rentals) Page 7 of 16

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Chatelaine Apartments
Studio Apartments

Chatelaine Apartments

4911 N Winthrop AveChicago, IL 60640
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935-941 E 81st St
Studio Apartments

935-941 E 81st St

935-941 E 81st StChicago, IL 60619
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Ingleside Building
Studio Apartments

Ingleside Building

8101-8125 S Ingleside AveChicago, IL 60619
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1121-1123 E 82nd St
Studio Apartments

1121-1123 E 82nd St

1121-1123 E 82nd StChicago, IL 60619
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3207 N Keating Ave
Studio Apartments

3207 N Keating Ave

3207 N Keating AveChicago, IL 60641
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5401 S Ellis Ave
Studio Apartments

5401 S Ellis Ave

5401 S Ellis AveChicago, IL 60615
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11000 S Michigan Ave
Studio Apartments

11000 S Michigan Ave

11000 S Michigan AveChicago, IL 60628
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6957 S Michigan Ave
Studio Apartments

6957 S Michigan Ave

6957 S Michigan AveChicago, IL 60637
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741-53 E 79th St
Studio Apartments

741-53 E 79th St

741-753 E 79th StChicago, IL 60619
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6739 S Jeffery Blvd
Studio Apartments

6739 S Jeffery Blvd

6739 S Jeffery BlvdChicago, IL 60649
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1536 E. 83rd Place
Studio Apartments

1536 E. 83rd Place

1536 E 83rd PlChicago, IL 60619
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7622 N Sheridan Rd
Studio Apartments

7622 N Sheridan Rd

7622 N Sheridan RdChicago, IL 60626
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7256 S Rhodes Ave
Studio Apartments

7256 S Rhodes Ave

7256 S Rhodes AveChicago, IL 60619
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6314 S Troy St
Studio Apartments

6314 S Troy St

6314 S Troy StChicago, IL 60629
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6945 S Crandon Ave
Studio Apartments

6945 S Crandon Ave

6945 S Crandon AveChicago, IL 60649
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Ridge-Magnolia
Studio Apartments

Ridge-Magnolia

5643-5655 N Ridge AveChicago, IL 60660
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The Doral
Studio Apartments

The Doral

7616 S South Shore DrChicago, IL 60649
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5651 N Christiana Ave
Studio Apartments

5651 N Christiana Ave

5651 N Christiana AveChicago, IL 60659
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Wilson Apartments
Studio Apartments

Wilson Apartments

4554 N Malden StChicago, IL 60640
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4735-4737 N Malden St
Studio Apartments

4735-4737 N Malden St

4735-4737 N Malden StChicago, IL 60640
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George Commons
Studio Apartments

George Commons

1050 W GeorgeChicago, IL 60657
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Shore View Apartments
Studio Apartments

Shore View Apartments

7636 S South Shore DrChicago, IL 60649
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Devonshire Apartments
Studio Apartments

Devonshire Apartments

7260 S South Shore DrChicago, IL 60649
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Garfield Apartments
Studio Apartments

Garfield Apartments

4342 W Washington BlvdChicago, IL 60624
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2207 E 75th St
Studio Apartments

2207 E 75th St

2207 E 75th StChicago, IL 60649
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Chicago, IL Area Reviews

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Nicole4+ 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.

Helpful Local Expert Guides

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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.

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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.

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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.

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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

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.