
Short Term Lease Apartments for Rent in Chicago, IL Under $1,500 (205 Rentals)
Rental terms in Chicago as short as a month! Perfect when you can't commit to a full year of renting.


Addams Coliving

Park View Apartments

14 West Elm Apartments

The 808 Cleveland

Midpointe

Vue53

21st Street Lofts by 3L Living
The Freedom of Short-Term Rentals: Exploring the Advantages for Renters
From flexibility to potential costs, explore the key benefits and drawbacks of short-term rental housing from a renter's perspective.

The Flamingo Apartments

Times Square Apartments

5445 Ingleside By 3L Living

5748 Blackstone By 3L Living

Buena Terrace - 4242 N Sheridan Rd

Gramercy Row Apartments

Museum Walk Apartments

5401 Cornell by 3L Living
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.

The Vivian

Beachwalk Apartments

5540 Hyde Park by 3L Living

Marine Terrace Apartments

4721 S. Ellis Avenue

Student | The Flats East West

The Annabelle Apartments

Park Wellington Apartments

The Versailles Apartments

Canterbury Court Apartments
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.

Campus Court Apartments

Mayfair Apartments

Madison Park Apartments

Plaisance Apartments

Wyndham Apartments

7251 at Waters Edge Apartment Homes

The Victorian Apartments

2Sisters Apartments

Oglesby Towers Apartments

Scholars Corner Apartments

6011 N Kenmore St

East Park Tower
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.

5300-5308 S. Hyde Park Boulevard

Drexel Grand

5405-5407 S. Woodlawn Avenue

Algonquin Apartments

Woodlawn Terrace

The Sutherland

Chatham Grove

Jeffery Parkway Apartments

Private bedroom in 2 bed/1 bath Home

Private bedroom in 4 bed/2 bath Home
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
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 | $2,077 | $575 | $10,000+ |
Chicago 1 Bedroom Apartments | $2,623 | $750 | $10,000+ |
Chicago 2 Bedroom Apartments | $3,241 | $895 | $10,000+ |
Chicago 3 Bedroom Apartments | $3,800 | $825 | $10,000+ |
Chicago 4 Bedroom Apartments | $3,838 | $875 | $10,000+ |
Chicago 5 Bedroom Apartments | $4,924 | $1,000 | $10,000+ |
Chicago 6 Bedroom Apartments | $20,868 | $6,995 | $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 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 $600.
How much is the average rent for a Short-term Chicago Apartment?
The average rent for a Short-term Apartment in Chicago is $3,724.
What is the largest Short-term Chicago Apartment for rent?
Today's Short-term 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 Short-term Apartments for rent?
The average size for a Short-term rental in Chicago is currently at 546 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.

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.

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.

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.

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.