
Studio Apartments for Rent in Chicago, IL Under $1,500 (678 Rentals) Page 11 of 14


5300-5308 S. Hyde Park Boulevard

Ivy Terrace

3734 W. Diversey Ave.

732 Bittersweet Apartments

4407-09 N. Malden St.

The Sovereign Apartments

Kenmore East Apartments

5653-59 N. Magnolia

5746 North Sheridan Apartments

The Kenmore Gardens

2411 West Fitch

620 W. Surf

North Park Village Apts - 62+

Montserrat at Loyola Station

4407 Wolcott

The Bronzeville Vincennes

5300 N Sheridan Rd

4626 Wolcott Avenue Apartments

Foswyn

523-31 W. Fullerton

1251 S Michigan - Senior Living

1338 W Argyle

The Westerner

Ivy at Mason

The Schoolhouse

5651 N Miltimore Ave

4610 N Hermitage Ave

The Birchmont

The Bell Shore

1101 W Granville Ave

1325 W Wilson

North Shore Apartments

Ivy Villas

1440 E. 52nd Street

742 W. Fullerton

629 W. Deming

6710 N Sheridan

839 Diversey

4423 N Sheridan Rd

6006 N Kenmore Ave

612 W Patterson

Commonwealth Apartments

6211 N Kenmore

1261 W Argyle

1030 W George St

1065 N. Hermitage Ave.

505 W Belmont Building

5453-5461 S Everett Ave

543-49 W. Arlington Pl.
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 | $2,042 | $595 | $4,999 |
| Chicago 1 Bedroom Apartments | $2,465 | $640 | $9,987 |
| Chicago 2 Bedroom Apartments | $3,055 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,657 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,728 | $720 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,839 | $2,695 | $10,000+ |
| Chicago 6 Bedroom Apartments | $16,985 | $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 Studio Chicago Apartments
What is the Cheapest apartment in Chicago with Studio?
Currently the most affordable Studio in Chicago is at Highlands Tudor Manor - 55+ Community listed at $700.
How much is the average rent for a Studio Chicago Apartment?
The average rent for a Studio Apartment in Chicago is $2,042.
What is the largest available Studio Chicago Apartment for rent?
Today's apartment with the most square footage in Chicago is a 860 square feet unit starting from $2,999 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 490 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

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.

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.

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.

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

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.

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.

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.

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.