
Apartments for Rent in Chicago, IL Under $1,200 (1,220 Rentals)


LUELLA

Total Monthly Price
8055 S Paulina St

Total Monthly Price
2973 S Lyman St, Unit 2

Total Monthly Price
2823 E 77th St, Unit Apartment

Total Monthly Price
2014 S Ashland Ave

8230 S Ellis Ave

626 on the Park

Wilson Uptown LLC

Total Monthly Price
5425 N Kenmore Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Total Monthly Price
245 W North Ave, Unit 108

Ironwood

7131 S Yates

5726 N. Winthrop

The Vivian

Prairie Shores

Oglesby Towers Apartments

424 W. Diversey

Prairie Park Apartments

Woodlawn Terrace
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Prairie CoLiving

Cornell (The Greenstone)

4600 Beacon

2Sisters Apartments

Total Monthly Price
7445 N Greenview Ave, Unit 222

Total Monthly Price
4735 W Addison St, Unit #2B

Total Monthly Price
2206 E 84th St, Unit 2

4521 N. Malden St.

330 N Pine

4950 S Prairie Ave
Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

Sheridan Apartments

Museum Walk Apartments

Issel Building

348 74TH ST

Total Monthly Price
4055 W Melrose St, Unit #2N

Total Monthly Price
3148 N Linder Ave, Unit 2

6401 S Talman Ave, Unit Apt 2

Total Monthly Price
7935 S Dante Ave, Unit #1

Total Monthly Price
2116 East 69th Street, Unit 1

Total Monthly Price
4865 W Concord Pl
Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

Chatham Grove

7220

Plaisance Apartments

5504 S Wabash

1528 W Pratt Blvd

8100 S Essex Ave

Lakeside Grant Manor

7028 S Clyde

4735 Beacon

Total Monthly Price
1442 W Howard St, Unit 18
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!
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 Under $1200 | $2,031 | $595 | $4,966 |
| Chicago 1 Bedroom Apartments Under $1200 | $2,473 | $640 | $9,987 |
| Chicago 2 Bedroom Apartments Under $1200 | $3,055 | $500 | $10,000+ |
| Chicago 3 Bedroom Apartments Under $1200 | $3,734 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments Under $1200 | $3,599 | $850 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,765 | $2,695 | $10,000+ |
| Chicago 6 Bedroom Apartments | $9,224 | $6,700 | $10,000+ |
Browse Top Apartments in Chicago
See all Apartments in ChicagoExplore Chicago

Chicago, IL Local Guide
- Chicago Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Chicago, IL Rentals by Map
See the most popular apartments and homes in Chicago, IL
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 Chicago
How much are Studio apartments in Chicago?
There are currently 8,237 Studio Apartments in Chicago with rent ranges from $595 to $4,966 with an average price of $2,031.
What is the current price range for One Bedroom Chicago Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Chicago ranges from $640 to $9,987 with an average monthly rent of $2,473.
What does renting a Two Bedroom Apartment in Chicago cost?
The monthly rent prices of Two Bedroom Apartments currently available in Chicago range from $500 to $18,797. Today's average rental price for Two Bedrooms here is $3,055.
How expensive are Chicago Three Bedroom Apartments?
There are currently 4,978 Three Bedroom Apartments listings available in Chicago on ApartmentHomeLiving.com. The pricing ranges from $883 to $38,481 - averaging $3,734 for the location.
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

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.