
Cheap Studio Apartments for Rent in Chicago, IL from $595 (774 Rentals) Page 9 of 16


4241-4247 N Hermitage Ave

4831 N Kimball Ave

7903 S Eberhart

1203 W Balmoral

1016 W Hollywood Ave

6238 S Western

5402 W Rice St

7400-7410 S Chappel Ave

The Joseph

2616 N. Hampden Court

Reverend Daniel Alvarez Apartments

8057 S Marshfield

211 E 71st

NOVO Properties - Chicago

620 W. Surf

7516-7524 N Seeley Ave

5634 N Kenmore Ave

1807-09 N. Lincoln Park West

6726 N Glenwood Ave

Columbus Tower

9101-9109 S Beverly Ave

The Carolan Apartments

6401 S California

1525 W Estes Ave

301-313 N. Austin Blvd.

4641 N Paulina St

6956 N Ashland Blvd

10627-33 S. Hale Ave

6031 N Kenmore Ave

618 S Racine Ave

7051 S Bennett Ave

8342 S Ellis Ave

Catherine Courts

7701 S Stewart

549 W. Aldine

815-823 W Bradley Pl

Lakeside 1241

1407-1415 W Sherwin Ave

1430 N Dearborn St

123 N Central Ave

7150-52 S Cornell Ave

6910 N Sheridan Rd

The Max Apartments

6904 S Cregier Ave

8256-8258 S Loomis Blvd

1200-06 W. Altgeld St. / 2500-06 N. Racine Ave

5836 W Madison

Fargo/Campbell

5125 W Madison
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 | $2,036 | $595 | $5,929 |
| Chicago 1 Bedroom Apartments | $2,464 | $640 | $9,987 |
| Chicago 2 Bedroom Apartments | $3,059 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,693 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,940 | $924 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,839 | $2,695 | $10,000+ |
| Chicago 6 Bedroom Apartments | $16,917 | $7,000 | $10,000+ |
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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 $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.
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