New Apartments for Rent in Chicago, IL Under $1,400 (32 Rentals)

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Vue53
Rent Specials
from $1,325Built in 2016Studio to 2 Bedroom Apartments Available Now

Vue53

1324-1346 E 53rd StChicago, IL 60615
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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Jefferson Park Apartments
Built in 2022Studio to 3 Bedroom Apartments

Jefferson Park Apartments

5150 N Northwest HwyChicago, IL 60630
  • Utilities Included
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Winthrop 6000
Built in 20201 Bedroom Apartments

Winthrop 6000

6000-6008 N Winthrop AveChicago, IL 60660
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The Schoolhouse
Built in 2024Studio to 2 Bedroom Apartments

The Schoolhouse

4641 N Ashland AveChicago, IL 60640
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Park Station Lofts
Built in 20231 to 3 Bedroom Apartments

Park Station Lofts

6300 S Maryland AveChicago, IL 60637
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The Westerner
Built in 2017Studio to 1 Bedroom Apartments

The Westerner

4620 N Western AveChicago, IL 60625
  • Utilities Included

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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The Nelson
Built in 2018Studio to 2 Bedroom Apartments

The Nelson

710 W 14th StChicago, IL 60607
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1531 W Howard St
Built in 2020Studio to 3 Bedroom Apartments

1531 W Howard St

1531 W Howard StChicago, IL 60626
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Common Damen
Built in 2016Studio Apartments

Common Damen

2048 W Chicago AveChicago, IL 60622
Furnished
  • Utilities Included
  • Smoke Free
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4801 North Ravenswood
Built in 2017Studio to 2 Bedroom Apartments

4801 North Ravenswood

4801 N Ravenswood AveChicago, IL 60640
  • Utilities Included
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Cicero Senior Lofts
Built in 2020Studio to 2 Bedroom Apartments

Cicero Senior Lofts

4835 S Cicero AveChicago, IL 60632
Senior Living
  • Utilities Included
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6605 North Ave
Built in 2021Studio to 3 Bedroom Apartments

6605 North Ave

6605 North AveOak Park, IL 60302
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140 S Austin Blvd
Built in 20153 Bedroom Apartments

140 S Austin Blvd

140 S Austin BlvdOak Park, IL 60304
  • Utilities Included

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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4747 Place
Built in 20191 Bedroom Apartments

4747 Place

4747 19th StCicero, IL 60804
  • Utilities Included

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

Frequently Asked Questions about New Chicago Apartments

What is the Cheapest New apartment in Chicago?

Currently the most affordable New Apartment in Chicago is at 5401 Cornell by 3L Living listed at $899.

How much is the average rent for a New Chicago Apartment?

The average rent for a New Apartment in Chicago is $4,218.

What is the largest New Chicago Apartment for rent?

Today's New apartment with the most square footage in Chicago is a 6,439 square feet unit starting from $2,151 at 369 Grand by Onni.

What is the average size for Chicago New Apartments for rent?

The average size for a New rental in Chicago is currently at 651 sq ft.

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.