Top Rated Apartments for Rent in Chicago, IL Under $1,200 (119 Rentals)
Apartments in Chicago with the best features, newest construction, and richest amenities.

Times Square Apartments

422-24 Melrose

Addams Coliving

Post Chicago Apartments

Campus Court Apartments

930 W. Winona

The Flamingo Apartments

The Annabelle Apartments
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Museum Walk Apartments

Woodlawn Terrace

Dearborn Plaza

Letterman Chicago

Oglesby Towers Apartments

The Versailles Apartments

2Sisters Apartments

The Vivian
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Plaisance Apartments

Student | The Flats East West

Woodlawn House Apartments

656 W Belden Ave

OC Living

KLEO Art Residences

5401 Cornell by 3L Living

The Sovereign
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.

1155 W 83rd St
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.
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.
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 | $2,068 | $575 | $10,000+ |
Chicago 1 Bedroom Apartments | $2,671 | $575 | $10,000+ |
Chicago 2 Bedroom Apartments | $3,179 | $900 | $10,000+ |
Chicago 3 Bedroom Apartments | $3,681 | $1,050 | $10,000+ |
Chicago 4 Bedroom Apartments | $3,183 | $1,040 | $10,000+ |
Chicago 5 Bedroom Apartments | $5,279 | $2,150 | $10,000+ |
Chicago 6 Bedroom Apartments | $6,716 | $4,795 | $10,000+ |
Explore Chicago

Chicago, IL Local Guide
- Chicago Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Getting Around Chicago, IL
Walk Score®
83 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
77 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
66 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Chicago
How much are Studio apartments in Chicago?
There are currently 2,842 Studio Apartments in Chicago with rent ranges from $639 to $20,000 with an average price of $4,405.
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 $575 to $20,000 with an average monthly rent of $2,671.
What does renting a Two Bedroom Apartment in Chicago cost?
The monthly rent prices of Two Bedroom Apartments currently available in Chicago range from $900 to $29,893. Today's average rental price for Two Bedrooms here is $3,179.
How expensive are Chicago Three Bedroom Apartments?
There are currently 4,084 Three Bedroom Apartments listings available in Chicago on ApartmentHomeLiving.com. The pricing ranges from $1,050 to $38,481 - averaging $3,681 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.