
Studio Apartments for Rent in Chicago, IL Under $1,500 (687 Rentals) Page 3 of 14


18 E. Elm

426 W. Surf

Annabelle LLC

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632 W. Addison

4600 Beacon

1036 N. Dearborn

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3510 N. Pine Grove

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2630 N. Hampden Court

Parkway Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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1330 N Dearborn

4735 Beacon

3838 N. Broadway

424 W. Diversey

Woodlawn Terrace

The Pavilion Apartments

Sheridan Apartments

1528 W Pratt Blvd

Jeffery Parkway Apartments

Midway

KLEO Art Residences

824 E 53rd St

Highlands Tudor Manor - 55+ Community

Stephen's Commons- Senior Living-Age 62+

Lakeside 6241

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6328 N Magnolia Ave, Unit J01P

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3832 N Fremont, Unit A00C

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503 W Belmont Ave, Unit A03C

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833 W Wolfram St, Unit J00W

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1034 W George St, Unit J09W

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643 W Belmont Ave, Unit K06J

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545 W Belmont Ave, Unit K06J

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737 W Belmont Ave, Unit 3

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4751 N Paulina St, Unit K00J

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3148 N Linder Ave, Unit 2

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727 W Belmont Ave, Unit J02W

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4546 N Malden St, Unit #106

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3735 N Spaulding Ave

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717 W Belmont Ave, Unit J08W

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517 W Belmont Ave, Unit J02W

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6022 N Winthrop Ave

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7451 N Greenview Ave

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1517 W Sherwin Ave

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3824 N Fremont, Unit A07C

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515 W Belmont Ave, Unit A09C

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603 W Wellington Ave, Unit #207

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1609 W Sherwin Ave

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809 W Cornelia Ave, Unit #306

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535 W Arlington Pl, Unit A00C

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501 W Belmont Ave, Unit 5F
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 | $5,117 |
| Chicago 1 Bedroom Apartments | $2,464 | $640 | $10,000+ |
| Chicago 2 Bedroom Apartments | $3,059 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,650 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,552 | $924 | $10,000+ |
| Chicago 5 Bedroom Apartments | $6,074 | $2,695 | $10,000+ |
| Chicago 6 Bedroom Apartments | $16,830 | $7,000 | $10,000+ |
Browse Top Apartments in Chicago
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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

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.

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.
Articles, How-To's, and Tips

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.

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.