Top Rated Apartments for Rent in Chicago, IL Under $1,500 (75 Rentals) Page 2 of 2

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

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7925 S Phillips
Studio to 1 Bedroom Apartments

7925 S Phillips

7923 S Phillips AveChicago, IL 60617
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73rd St
Studio to 2 Bedroom Apartments

73rd St

7345 S South Shore DrChicago, IL 60649
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Devonshire Apartments
Studio to 1 Bedroom Apartments

Devonshire Apartments

7260 S South Shore DrChicago, IL 60649
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9565 Franklin Ave
1 Bedroom Apartments

9565 Franklin Ave

9565 Franklin AveFranklin Park, IL 60131
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1000 Hinman
Studio to 2 Bedroom Apartments

1000 Hinman

1000-1010 Hinman AveEvanston, IL 60202
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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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504-508 S. Cuyler Ave.
Studio to 1 Bedroom Apartments

504-508 S. Cuyler Ave.

504-508 S Culyer AveOak Park, IL 60304
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Greenfield Square Apartments
1 to 2 Bedroom Apartments

Greenfield Square Apartments

640-650 W Algonquin RdDes Plaines, IL 60016
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Des Plaines Apartments
1 to 2 Bedroom Apartments

Des Plaines Apartments

510-570 E Seegers RdDes Plaines, IL 60016
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ReNew Des Plaines North
Studio to 3 Bedroom Apartments

ReNew Des Plaines North

270-290 S Beau DrDes Plaines, IL 60016
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1308 119th St
1 to 2 Bedroom Apartments

1308 119th St

1308 119th StWhiting, IN 46394
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  • Smoke Free
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14021 S Tracy
2 Bedroom Apartments

14021 S Tracy

14021 S Tracy AveRiverdale, IL 60827
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1419 Washington St
1 Bedroom Apartments

1419 Washington St

1419 Washington StEvanston, IL 60202
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Royal Arms Apartments
Studio to 1 Bedroom Apartments

Royal Arms Apartments

3001 N Thatcher AveRiver Grove, IL 60171
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Salt Creek
1 Bedroom Apartments

Salt Creek

125 S Villa AveAddison, IL 60101
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Montclair Manor
1 to 3 Bedroom Apartments

Montclair Manor

11625-57 S Pulaski RdAlsip, IL 60803
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Elmwood Towers
Studio to 1 Bedroom Apartments

Elmwood Towers

7300 W North AveElmwood Park, IL 60707
Senior Living
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Live in Oak Park
Studio to 3 Bedroom Apartments

Live in Oak Park

1041 South BlvdOak Park, IL 60302
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1123 N 33rd Ave
1 Bedroom Apartments

1123 N 33rd Ave

1123 N 33rd AveMelrose Park, IL 60160
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Knox Apartments
Studio to 1 Bedroom Apartments

Knox Apartments

15301-15310 S Knox Ave, OakOak Forest, IL 60452
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Chicago, IL Area Reviews

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Nicole4+ years in Chicago

April 10, 2026

Big 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 8,298 Studio Apartments in Chicago with rent ranges from $170 to $9,940 with an average price of $6,133.

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 $10,150 with an average monthly rent of $2,480.

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 $18,797. Today's average rental price for Two Bedrooms here is $3,073.

How expensive are Chicago Three Bedroom Apartments?

There are currently 5,004 Three Bedroom Apartments listings available in Chicago on ApartmentHomeLiving.com. The pricing ranges from $883 to $38,481 - averaging $3,824 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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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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.

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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.

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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.