Studio Apartments for Rent in Chicago, IL Under $1,200 (427 Rentals) Page 2 of 9

KLEO Art Residences

Lakeside 6241

Highlands Tudor Manor - 55+ Community

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1724 S Ashland Ave, Unit 3L

7755 S South Shore Dr, Unit 2E

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3835 N Fremont St, Unit A04C

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6913 N Lakewood Ave, Unit #409

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5425 N Kenmore Ave

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7445 N Greenview Ave, Unit 222
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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1110 W Rosemont Ave, Unit #602

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1442 W Howard St, Unit 18

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3726 W Polk St

7722 N Marshfield Ave, Unit 3B

1061 W Rosemont Ave, Unit 415

1550 W 95th St

2702 S Homan Ave

4037 W Melrose St

1537 W Fargo Ave

7309 N Greenview Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

7853 S Coles

1742 W Estes Ave

4612 S Spaulding Ave

3025 W 54th Pl

7106 S Ridgeland Ave

1506 E 67th St

7109 N Clark St

1809 S Carpenter St

8051-8053 S King Dr

8122-8128 S Indiana Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

3207 N Keating Ave

6173-6179 N Northwest Hwy

1370-1380 W 79th St

5402 W Rice

9101-9109 S Beverly Ave

The Sheridan Pratt

Fargo/Campbell

4518-4528 N Damen Ave

536 W. Grant

4625-35 N. Winchester Ave.
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

1461-65 W. Byron St.

5552 N. Lakewood

7851-7859 S Indiana Ave

8001 S Champlain Ave

4840 N Rockwell St

649-57 W. Oakdale / 2919-21 N. Clark

Chatelaine Apartments

935-941 E 81st St

Mayfair Commons - Senior Community

Ingleside Building
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 | $1,978 | $600 | $9,940 |
| Chicago 1 Bedroom Apartments | $2,500 | $650 | $10,000+ |
| Chicago 2 Bedroom Apartments | $3,090 | $850 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,816 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,496 | $970 | $10,000+ |
| Chicago 5 Bedroom Apartments | $7,676 | $2,600 | $10,000+ |
| Chicago 6 Bedroom Apartments | $6,099 | $750 | $10,000+ |
Explore 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 Studio Chicago Apartments
What is the Cheapest apartment in Chicago with Studio?
Currently the most affordable Studio in Chicago is at 5445 Ingleside By 3L Living listed at $684.
How much is the average rent for a Studio Chicago Apartment?
The average rent for a Studio Apartment in Chicago is $1,978.
What is the largest available Studio Chicago Apartment for rent?
Today's apartment with the most square footage in Chicago is a 914 square feet unit starting from $3,116 at Cobbler Square Lofts.
What is the average size for Chicago Studio Apartments for rent?
The average size for a Studio rental in Chicago is currently 481 sq ft.
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

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.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
