
Apartments for Rent in Chicago, IL Under $1,200 (1,218 Rentals) Page 15 of 25


5125 W Madison

South Shore

7300 S Yates Blvd

5836 W Madison

1200-06 W. Altgeld St. / 2500-06 N. Racine Ave

7031 S Chappel

8051 S Ingleside

732 Bittersweet Apartments

432 W Belmont Ave

Cornelia

7917 S Drexel

Magnolia Gardens

2536 N Sawyer Ave

Lunt Apartments

4855 N Kimball Ave

Ravenswood Apartments

536 W Arlington Pl

7145 S Indiana

2600 N Kimball Ave

1466 W Argyle St

Fargo/Campbell

7555 S Hermitage Ave

2922 E 90th St

1108 E 82nd

2600 W. Logan Blvd

8256 S Loomis Blvd 1402-08 W 83rd Chicago, IL 60620

8515 S Green St

2045-2047 E 75th St

Baric Commons

8640 S Ingleside

4720 N Spaulding Ave

6904 S Cregier Ave

1430 N Dearborn St

Austin-Fillmore Apartments

4114 W Washington

Drexel Investments, LLC

Thome Hermitage Building

1815 W 77th St 7732 S Honore Street Chicago, IL 60620

123 N Central Ave

5853-5859 S Troy St

7110-18 S Ridgeland Ave

300 N Menard Ave

1407-1415 W Sherwin Ave

Kedvale Systems

6910 N Sheridan Rd

7270 S South Shore Dr

6943 S Cornell

The Max Apartments

8200 S Ingleside
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 | $1,981 | $600 | $9,940 |
| Chicago 1 Bedroom Apartments Under $1200 | $2,491 | $650 | $10,000+ |
| Chicago 2 Bedroom Apartments Under $1200 | $3,098 | $850 | $10,000+ |
| Chicago 3 Bedroom Apartments Under $1200 | $3,879 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments Under $1200 | $3,461 | $970 | $10,000+ |
| Chicago 5 Bedroom Apartments | $7,618 | $2,600 | $10,000+ |
| Chicago 6 Bedroom Apartments | $6,101 | $750 | $10,000+ |
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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 Chicago
How much are Studio apartments in Chicago?
There are currently 8,292 Studio Apartments in Chicago with rent ranges from $600 to $9,940 with an average price of $1,981.
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 $11,280 with an average monthly rent of $2,491.
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 $22,239. Today's average rental price for Two Bedrooms here is $3,098.
How expensive are Chicago Three Bedroom Apartments?
There are currently 4,995 Three Bedroom Apartments listings available in Chicago on ApartmentHomeLiving.com. The pricing ranges from $883 to $38,481 - averaging $3,879 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

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.

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.

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.