Top Rated Apartments for Rent in Chicago, IL Under $1,200 (123 Rentals)

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

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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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.

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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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10 West Elm
Studio Apartments

10 West Elm

10 W Elm StChicago, IL 60610
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6943-6945 S Indiana Ave
3 Bedroom Apartments

6943-6945 S Indiana Ave

6943-6945 S Indiana AveChicago, IL 60637
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2046 N. Orleans
Studio Apartments

2046 N. Orleans

2046 N Orleans StChicago, IL 60614
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2244 N. Cleveland
Studio to 1 Bedroom Apartments

2244 N. Cleveland

2244 N Cleveland AveChicago, IL 60614
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1157 W. Diversey
Studio Apartments

1157 W. Diversey

1157-1159 W Diversey PkyChicago, IL 60614
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742 W. Fullerton
Studio to 3 Bedroom Apartments

742 W. Fullerton

742 W Fullerton AveChicago, IL 60614
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5630 N Sheridan Rd
Studio to 1 Bedroom Apartments

5630 N Sheridan Rd

5630 N Sheridan RdChicago, IL 60660
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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

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Reside at 823
Studio to 1 Bedroom Apartments

Reside at 823

823 W Buena AveChicago, IL 60613
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Tailor Lofts
Studio to 4 Bedroom Apartments

Tailor Lofts

315 S Peoria StChicago, IL 60607
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North Shore Apartments
Studio to 1 Bedroom Apartments

North Shore Apartments

6633 N Sheridan RdChicago, IL 60626
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1400 W. Edgewater
1 Bedroom Apartments

1400 W. Edgewater

1400 W Edgewater AveChicago, IL 60660
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Alef Park
Studio to 1 Bedroom Apartments

Alef Park

1344 W Lunt AveChicago, IL 60626
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1666 Pratt
1 Bedroom Apartments

1666 Pratt

1666 W Pratt BlvdChicago, IL 60626
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The Onyx on Carmen
Studio to 1 Bedroom Apartments

The Onyx on Carmen

915 W Carmen AveChicago, IL 60640
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Buckingham
Studio to 4 Bedroom Apartments

Buckingham

59 E Van Buren StChicago, IL 60605
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4155 N Keystone Ave
1 Bedroom Apartments

4155 N Keystone Ave

4155 N Keystone AveChicago, IL 60641
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1810 S Throop St
1 Bedroom Apartments

1810 S Throop St

1810 S Throop StChicago, IL 60608
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Showing Results 1-50, Page 1 of 3

Chicago, IL Local Guide

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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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 2,707 Studio Apartments in Chicago with rent ranges from $600 to $18,834 with an average price of $5,927.

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 $750 to $20,000 with an average monthly rent of $2,623.

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 $23,362. Today's average rental price for Two Bedrooms here is $3,238.

How expensive are Chicago Three Bedroom Apartments?

There are currently 4,008 Three Bedroom Apartments listings available in Chicago on ApartmentHomeLiving.com. The pricing ranges from $825 to $40,000 - averaging $3,812 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.

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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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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.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.