Top Rated Apartments for Rent in Chicago, IL Under $1,500 (258 Rentals)

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

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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The 808 Cleveland
$1,399 - $6,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,124 - $6,425
Required Monthly Fees
$275
Total Monthly Price
$1,399 - $6,700
Studio to 4 Bedroom Apartments Available Now

The 808 Cleveland

808 N Cleveland AveChicago, IL 60610
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641 W. Aldine
Rent Specials
$1,365 - $1,425
Total Monthly Price

Total Monthly Price

Base Rent
$1,340 - $1,400
Required Monthly Fees
$25
Total Monthly Price
$1,365 - $1,425
Studio Apartments Available Now

641 W. Aldine

641 W Aldine AveChicago, IL 60657
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  • Utilities Included

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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Post Chicago
$1,300 - $1,875
Total Monthly Price

Total Monthly Price

Base Rent
$1,160 - $1,735
Required Monthly Fees
$140
Total Monthly Price
$1,300 - $1,875
1 Bedroom Apartments Available Now

Post Chicago

853 W Blackhawk StChicago, IL 60642
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Beachwalk Apartments
$1,296 - $2,632
Total Monthly Price

Total Monthly Price

Base Rent
$1,246 - $2,582
Required Monthly Fees
$50
Total Monthly Price
$1,296 - $2,632
Studio to 2 Bedroom Apartments Available Now

Beachwalk Apartments

420 W Fullerton PkyChicago, IL 60614
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Times Square Apartments
$1,279 - $2,574
Total Monthly Price

Total Monthly Price

Base Rent
$1,229 - $2,524
Required Monthly Fees
$50
Total Monthly Price
$1,279 - $2,574
Studio to 2 Bedroom Apartments Available Now

Times Square Apartments

869 W Buena AveChicago, IL 60613
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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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Park Wellington Apartments
$1,254 - $2,411
Total Monthly Price

Total Monthly Price

Base Rent
$1,204 - $2,361
Required Monthly Fees
$50
Total Monthly Price
$1,254 - $2,411
Studio to 2 Bedroom Apartments Available Now

Park Wellington Apartments

434 W Wellington AveChicago, IL 60657
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2Sisters Apartments
$1,220 - $2,140
Total Monthly Price

Total Monthly Price

Base Rent
$1,170 - $2,090
Required Monthly Fees
$50
Total Monthly Price
$1,220 - $2,140
Studio to 1 Bedroom Apartments Available Apr 17

2Sisters Apartments

5123 S Kimbark AveChicago, IL 60615
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Wyndham Apartments
Rent Specials
$1,209 - $2,166
Total Monthly Price

Total Monthly Price

Base Rent
$1,159 - $2,116
Required Monthly Fees
$50
Total Monthly Price
$1,209 - $2,166
Studio to 2 Bedroom Apartments Available Now

Wyndham Apartments

5240 N Sheridan RdChicago, IL 60640
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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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1019 E 62nd St
Rent Specials
$1,175
Total Monthly Price

Total Monthly Price

Base Rent
$1,175
Total Monthly Price
$1,175
1 Bedroom Apartments Available Now

1019 E 62nd St

1019 E 62nd StChicago, IL 60637
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The Flamingo Apartments
$1,165 - $2,808
Total Monthly Price

Total Monthly Price

Base Rent
$1,115 - $2,758
Required Monthly Fees
$50
Total Monthly Price
$1,165 - $2,808
Studio to 2 Bedroom Apartments Available Now

The Flamingo Apartments

5500 S Shore DrChicago, IL 60637
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Oglesby Towers Apartments
$1,149 - $2,956
Total Monthly Price

Total Monthly Price

Base Rent
$1,099 - $2,906
Required Monthly Fees
$50
Total Monthly Price
$1,149 - $2,956
Studio to 3 Bedroom Apartments Available Now

Oglesby Towers Apartments

6700 S Oglesby AveChicago, IL 60649
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Museum Walk Apartments
$1,145 - $2,492
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $2,442
Required Monthly Fees
$50
Total Monthly Price
$1,145 - $2,492
Studio to 2 Bedroom Apartments Available Now

Museum Walk Apartments

5541 S Everett AveChicago, IL 60637
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Plaisance Apartments
Rent Specials
$1,139 - $2,529
Total Monthly Price

Total Monthly Price

Base Rent
$1,089 - $2,479
Required Monthly Fees
$50
Total Monthly Price
$1,139 - $2,529
Studio to 1 Bedroom Apartments Available Now

Plaisance Apartments

6104 S Woodlawn AveChicago, IL 60637
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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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Showing Results 1-50, Page 1 of 6

Chicago, IL Local Guide

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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A 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

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Quick Rent Budget Calculator

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Chicago, IL Rentals by Map

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Frequently Asked Questions about Chicago

How much are Studio apartments in Chicago?

There are currently 8,358 Studio Apartments in Chicago with rent ranges from $170 to $6,511 with an average price of $13,128.

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 $15,732 with an average monthly rent of $2,419.

What does renting a Two Bedroom Apartment in Chicago cost?

The monthly rent prices of Two Bedroom Apartments currently available in Chicago range from $650 to $18,797. Today's average rental price for Two Bedrooms here is $2,986.

How expensive are Chicago Three Bedroom Apartments?

There are currently 5,005 Three Bedroom Apartments listings available in Chicago on ApartmentHomeLiving.com. The pricing ranges from $755 to $38,481 - averaging $3,722 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

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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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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.

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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.

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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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.