
Apartments for Rent in Chicago, IL Under $1,500 (2,293 Rentals) Page 14 of 46


HIGHPOINT Albany Park on Kedzie

5405-5407 S. Woodlawn Avenue

1351 W. Touhy Ave.

Waveland Park Court

2218 W Chicago Ave

1603 S Wood St

Loucks Apartments

4706 Beacon LLC

660 W. Barry

1255 W Belden

1200 W Addison St

Ivy at Drexel

920 W Cullom

1234 N Cleaver

Ivy at Kimbark

7957-59 S Wood St

1948 N. Lincoln Ave.

1743 W. Roscoe St.

1363 W. Walton

3625 W. Dickens St.

901-903 W Sunnyside Ave

500 W. Belmont

532-34 W. Grant

Anton Apartments

520 W Belden Ave

921-927 W Sunnyside Ave

530 W. Arlington Pl.

7240 S Yates

Cornelia

King Patrick Apartments

4705 N Central Park Ave

Fullerton

1033 W Loyola

Luxury condo unit

55 E Erie St

600 N Lake Shore Dr

R+D659

819-821 S Independence Blvd

Reside at 823

415 W. Fullerton

6720 N Sheridan

Somerset Place Apartments

Ivy Greens

1002-16 W. Irving Park Rd.

7748 S East End

2065 N. Hoyne Ave.

7152 S East End Ave

4725 W maypole

5639-5643 N Magnolia
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 Under $1500 | $2,042 | $595 | $4,999 |
| Chicago 1 Bedroom Apartments Under $1500 | $2,465 | $640 | $9,987 |
| Chicago 2 Bedroom Apartments Under $1500 | $3,055 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments Under $1500 | $3,657 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments Under $1500 | $3,728 | $720 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,839 | $2,695 | $10,000+ |
| Chicago 6 Bedroom Apartments | $16,985 | $7,000 | $10,000+ |
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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 Chicago
How much are Studio apartments in Chicago?
There are currently 8,276 Studio Apartments in Chicago with rent ranges from $595 to $4,999 with an average price of $2,042.
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 $640 to $9,987 with an average monthly rent of $2,465.
What does renting a Two Bedroom Apartment in Chicago cost?
The monthly rent prices of Two Bedroom Apartments currently available in Chicago range from $762 to $18,797. Today's average rental price for Two Bedrooms here is $3,055.
How expensive are Chicago Three Bedroom Apartments?
There are currently 5,030 Three Bedroom Apartments listings available in Chicago on ApartmentHomeLiving.com. The pricing ranges from $883 to $38,481 - averaging $3,657 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

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
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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
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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
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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

First Apartment Regrets: Real Renters Share What They'd Do Differently
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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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.