Top Rated Apartments for Rent in Chicago, IL Under $1,200 (37 Rentals)

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Apartments in Chicago with the best features, newest construction, and richest amenities.

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500 W. Fullerton Parkway
Studio to 2 Bedroom Apartments

500 W. Fullerton Parkway

500-508 W Fullerton PkyChicago, IL 60614
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  • Utilities Included

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!

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4815 W Monroe
1 to 4 Bedroom Apartments

4815 W Monroe

4815 W Monroe StChicago, IL 60644
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  • Utilities Included
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Cermak-MASTER
1 to 2 Bedroom Apartments

Cermak-MASTER

3635-3645 W Cermak RdChicago, IL 60623
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1666 Pratt
1 Bedroom Apartments

1666 Pratt

1666 W Pratt BlvdChicago, IL 60626
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11250 S Indiana
1 to 3 Bedroom Apartments

11250 S Indiana

11250-11256 S Indiana AveChicago, IL 60628
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The Kenmore Gardens
Studio to 2 Bedroom Apartments

The Kenmore Gardens

5534-5538 N Kenmore AveChicago, IL 60640
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3834 N Sheffield
Studio Apartments

3834 N Sheffield

3834 N Sheffield AveChicago, IL 60613
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8000 S Paulina
Studio to 2 Bedroom Apartments

8000 S Paulina

8000-8010 S Paulina StChicago, IL 60620
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7643 S Stewart
2 to 4 Bedroom Apartments

7643 S Stewart

7643-7657 S Stewart AveChicago, IL 60620
  • Utilities Included

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.

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8101 S Drexel
1 to 2 Bedroom Apartments

8101 S Drexel

8101-8105 S Drexel AveChicago, IL 60619
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7800 S Laflin Street
1 to 3 Bedroom Apartments

7800 S Laflin Street

7800-7804 S Laflin StChicago, IL 60620
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1632 W. Belmont
Studio Apartments

1632 W. Belmont

1632 W Belmont AveChicago, IL 60657
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The Max Apartments
Studio to 1 Bedroom Apartments

The Max Apartments

5135 S Blackstone AveChicago, IL 60615
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8001 S Ellis
Studio to 1 Bedroom Apartments

8001 S Ellis

8001-8009 S Ellis AveChicago, IL 60619
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Columbus Tower
Studio to 2 Bedroom Apartments

Columbus Tower

7855 S Kedzie AveChicago, IL 60652
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7925 S Phillips
Studio to 1 Bedroom Apartments

7925 S Phillips

7923 S Phillips AveChicago, IL 60617
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73rd St
Studio to 2 Bedroom Apartments

73rd St

7345 S South Shore DrChicago, IL 60649
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Devonshire Apartments
Studio to 1 Bedroom Apartments

Devonshire Apartments

7260 S South Shore DrChicago, IL 60649
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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!

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1419 Washington St
1 Bedroom Apartments

1419 Washington St

1419 Washington StEvanston, IL 60202
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Royal Arms Apartments
Studio to 1 Bedroom Apartments

Royal Arms Apartments

3001 N Thatcher AveRiver Grove, IL 60171
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Salt Creek
1 Bedroom Apartments

Salt Creek

125 S Villa AveAddison, IL 60101
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Montclair Manor
1 to 3 Bedroom Apartments

Montclair Manor

11625-57 S Pulaski RdAlsip, IL 60803
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Elmwood Towers
Studio to 1 Bedroom Apartments

Elmwood Towers

7300 W North AveElmwood Park, IL 60707
Senior Living
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Live in Oak Park
Studio to 3 Bedroom Apartments

Live in Oak Park

1041 South BlvdOak Park, IL 60302
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1123 N 33rd Ave
1 Bedroom Apartments

1123 N 33rd Ave

1123 N 33rd AveMelrose Park, IL 60160
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  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

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.

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Knox Apartments
Studio to 1 Bedroom Apartments

Knox Apartments

15301-15310 S Knox Ave, OakOak Forest, IL 60452
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Chicago, IL Local Guide

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

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Real 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.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Chicago, IL Rentals by Map

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Chicago, IL Area Reviews

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Nicole4+ years in Chicago

April 10, 2026

Big 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 8,298 Studio Apartments in Chicago with rent ranges from $170 to $9,940 with an average price of $6,133.

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 $650 to $10,150 with an average monthly rent of $2,480.

What does renting a Two Bedroom Apartment in Chicago cost?

The monthly rent prices of Two Bedroom Apartments currently available in Chicago range from $850 to $18,797. Today's average rental price for Two Bedrooms here is $3,073.

How expensive are Chicago Three Bedroom Apartments?

There are currently 5,004 Three Bedroom Apartments listings available in Chicago on ApartmentHomeLiving.com. The pricing ranges from $883 to $38,481 - averaging $3,824 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

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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.

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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.

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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.

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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

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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.

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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.

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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.

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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.