Cheap Studio Apartments for Rent in Chicago, IL from $532 (1,103 Rentals)Page 8 of 23

644 W. Surf

1940 N. Lincoln

809 W Cornelia Ave, Unit #306

4549 N Malden St, Unit 211

701 W Belmont Ave, Unit #401

3335 W Diversey Ave, Unit 107

603 W Wellington Ave, Unit #004

1040 W George St, Unit M07B

531 W Aldine Ave, Unit M03B

1727 W Thorndale Ave

813 W Cornelia Ave, Unit #817A-306

4546 N Damen Ave

4651 N Paulina St, Unit 403

4546 N Damen Ave

737 W Belmont Ave, Unit 305-RA

618 W Patterson Ave, Unit 409RA

1160 N Dearborn St, Unit 406

3327 W Diversey Ave, Unit 331

4542 N Damen Ave, Unit 310

4546 N Damen Ave

813 W Cornelia Ave, Unit #817A-306

1053 W George St

4549 N Damen Ave

1050 W George St

1333 W Carmen Ave

1050 W George St

711 W Belmont Ave

1050 W George St

1050 W George St

3831 N Fremont St

714 W Belmont Ave

4549 N Damen Ave

1053 W George St

543 W Wellington Ave

4549 N Damen Ave

2600 N Kimball Ave

1160 N Dearborn St, Unit 415

2600 N Kimball Ave

540 W Wellington Ave

2432 N Linden Pl

3449 N Elaine Pl

2600 N Kimball Ave

3932 N Keeler 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 $3,251.
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 2,527 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 $400 which is $2,851 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.