
Studio Apartments for Rent in Chicago, IL Under $1,500 (732 Rentals) Page 2 of 15


Oakdale Terrace - 525 W Oakdale Ave

Dakin Court - 910 W Dakin St

644 W. Surf

Lakeside Grant Manor

2738 N. Pine Grove

3130 N. Lake Shore Drive

Oglesby Towers Apartments

The Winnie

Ellis Court
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!

Drexel Grand

7701 S Stewart

The Lawrence House

Cornell (The Greenstone)

Hyde Park West

Shorewind Apartments

The Townhouse Apartments

6751 S Jeffery

The Versailles Apartments

Washington Plaza
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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.

Eden Commons

4700 Lake Park Apartments

South Shore Beach Apartments

5957 W Madison

3957 W Irving Park Rd

8152 S Evans

Bryn Mawr Belle Shore

The Boulevard at OC Living

808 W 76th
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.

6246 S. King Dr.

Issel Building

Winthrop Manor

7300 Venture Apartments

Green Manor

Greenview Apartments

Stephen's Commons- Senior Living-Age 62+

Wilson Uptown LLC

443 Wrightwood

1040 Hollywood
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

2411 West Fitch

544 W. Melrose

721 W. Belmont

426 W. Surf

451 W. Wrightwood

18 E. Elm

Annabelle LLC

632 W. Addison

1036 N. Dearborn

1049 W. Oakdale
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 | $2,023 | $600 | $9,940 |
| Chicago 1 Bedroom Apartments | $2,480 | $650 | $10,000+ |
| Chicago 2 Bedroom Apartments | $3,073 | $850 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,824 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,418 | $970 | $10,000+ |
| Chicago 5 Bedroom Apartments | $7,530 | $2,600 | $10,000+ |
| Chicago 6 Bedroom Apartments | $5,190 | $750 | $7,350 |
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 $2,023.
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 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

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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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.
