Cheap Studio Apartments for Rent in Chicago, IL from $575 (975 Rentals) Page 9 of 20

The Oliver on LaSalle

468 West Melrose

Sheridan-Gunnison Apartments

7600 N Sheridan Rd

450 West Melrose Apartments

4409 N Wolcott Ave, Unit 1P

812 W Diversey Pky, Unit #818-C

4409 N Wolcott Ave, Unit #4409-A1

4542 N Damen Ave, Unit #4546-201

2648 N Spaulding Ave, Unit M07B

2644 N Spaulding Ave, Unit M07B

2712 N Milwaukee Ave, Unit 211

1154 N Dearborn St, Unit 311

1160 N Dearborn St, Unit #1164-214

4735 N Hermitage Ave, Unit 4

Pittsfield Apartments

1330 N Dearborn

Canterbury Court Apartments

2800 N Pine Grove Ave, Unit 6G

2441 W 46th Pl

7645 N Sheridan Rd

441 W. Barry

1160 N Dearborn St, Unit 413

4038 N Ashland Ave, Unit M09B

2427 N Kedzie Blvd, Unit M00B

1164 N Dearborn St

The Andy

Oakdale Terrace - 525 W Oakdale 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 | $1,876 | $575 | $8,000 |
| Chicago 1 Bedroom Apartments | $2,334 | $725 | $10,000+ |
| Chicago 2 Bedroom Apartments | $2,909 | $950 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,521 | $788 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,982 | $1,040 | $10,000+ |
| Chicago 5 Bedroom Apartments | $7,067 | $1,925 | $10,000+ |
| Chicago 6 Bedroom Apartments | $17,307 | $3,500 | $10,000+ |
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 $790.
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 $5,767.
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 3,271 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 $478 which is $5,289 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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.





















