
Short Term Lease Apartments for Rent in Chicago, IL Under $1,500 (74 Rentals)
Rental terms in Chicago as short as a month! Perfect when you can't commit to a full year of renting.


21st Street Lofts by 3L Living

Algonquin Apartments

The Sutherland

Post Chicago

Winthrop Terrace

Woodlawn Terrace

Lake Meadows Apartments

Addams 2.0

Luxury Student Housing at Leavitt Place
The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

5401 Cornell by 3L Living

Shorewind Apartments

Jeffery Parkway Apartments

5540 Hyde Park by 3L Living

5748 Blackstone By 3L Living

5445 Ingleside By 3L Living

Total Monthly Price
61 W Erie St, Unit SI FL3-ID1402

Total Monthly Price
188 N Wells St, Unit SI FL3-ID1236

1351 W. Touhy Ave.

Ivy at Kimbark
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

The Trilogy at Hyde Park

600 N Lake Shore Dr

Ivy Greens

The 1521 Sherwin

Maple Court

4128-34 W. Addison St. / 3601-03 N. Kedvale Ave

1912 S Throop St

Ivy at Piccadilly

Ivy Hastings

Avenue on Kenwood - Co-Living
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!

2103-23 W. Berwyn Ave.

2500-08 W. Pensacola Ave. / 4334-42 N. Campbell Ave

The Vivian

5500 S. Cornell Avenue

Ivy at Mason

911 W. Oakdale Ave.

1666 Pratt

5049 S. Drexel Boulevard

The Winthrop Place

1662 W. Farwell Ave.
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.

Luella Court

Ivy at Harper

Ivy Terrace

Ivy at Carlson

7700 S Phillips Ave

Ivy Kenwood

Ivy Gayles

7100 South Shore Apartment Homes

Ivy at Sylvan

Ivy at Fairfax
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $2,069 | $600 | $10,000+ |
| Chicago 1 Bedroom Apartments | $2,485 | $800 | $9,999 |
| Chicago 2 Bedroom Apartments | $3,102 | $850 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,788 | $695 | $10,000+ |
| Chicago 4 Bedroom Apartments | $4,402 | $1,025 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,484 | $750 | $10,000+ |
| Chicago 6 Bedroom Apartments | $11,716 | $1,795 | $10,000+ |
Browse Top Apartments in Chicago
See all Apartments in ChicagoExplore Chicago

Chicago, IL Local Guide
- Chicago Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleNavigating 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.
Read ArticleA 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
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Chicago, IL Rentals by Map
See the most popular apartments and homes in Chicago, IL
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 Short-term Chicago Apartments
What is the Cheapest Short-term apartment in Chicago?
Currently the most affordable Short-term Apartment in Chicago is at 5445 Ingleside By 3L Living listed at $712.
How much is the average rent for a Short-term Chicago Apartment?
The average rent for a Short-term Apartment in Chicago is $4,120.
What is the largest Short-term Chicago Apartment for rent?
Today's Short-term apartment with the most square footage in Chicago is a 4,499 square feet unit starting from $11,637 at 1856 N Fairfield Ave.
What is the average size for Chicago Short-term Apartments for rent?
The average size for a Short-term rental in Chicago is currently at 803 sq ft.
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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Written by: Nicole Harms
When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Written by: Nicole Harms
I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Written by: Nicole Harms
Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.