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


Bon Villa Apartments

944-964 S. Oak Park Avenue

905-915 Elmwood

710-712 N. Austin Blvd. Oak Park, IL 60302

860 Hinman

The Stewart

300 Madison St

1026-1028 Washington Blvd.

1036-1038 Randolph St

Liberty Village

Live in Oak Park

Royal Arms Apartments

Elmwood Towers

37 Rockford Ave.

130-142 N. Humphrey Ave.

1303 Maple

730-734 Carpenter Ave.

617 Grove

ReNew Des Plaines North

RRK Ventures LLC

996-1012 Main St

Evelyn Apartments

425-431 N. Humphrey Ave.

6605 North Ave.

165 S. Oak Park Ave.

804 Harrison St.

1000 Hinman
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.