
Apartments for Rent in Chicago, IL Under $1,500 (2,288 Rentals) Page 18 of 46


3600 W Franklin

1735-1743 W Bryn Mawr Ave

6809 W Diversey Ave

Chase Estates

2049 W Coulter St

Pilsen Apartments

5036 W Quincy St

663 W Melrose St

2050 E 72nd Place

1042 N Leamington

1325 W Wilson

2610 N Laramie

1501 E 68th

Winthrop 6000

Elm 551 at Parkside

1323 W Morse Ave

1101 W Granville Ave

703 N Austin

Commonwealth Apartments

Fountainbleau-Cambridge

2432 W. Cortez

6541-6553 N Francisco Ave

Sheridan Beach Apartments

4107-4115 N Broadway St

2132-2138 N Campbell Ave

148 N La Crosse Ave

7755 S Sangamon

4046 N Laporte Ave

Buckingham Place

5750 N Sheridan Rd

3454 W Lexington

6157 S Washtenaw Ave

2800 W Washington Blvd

2230 S. Kedzie

6254 N Claremont St

5832 W North

The Oakley

4310-4316 N Keystone Ave

1840-1850 S Fairfield Ave

6147 S Vernon Ave

Argyle Manor

6200-6202 S Whipple St

1942 N Whipple St

2115-2123 W Farragut Ave

1912 S Throop St

10522-28 S. Walden

10904 S Avenue D

8137-8139 S Colfax Ave

4906 N Springfield Ave
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 | $2,044 | $595 | $5,915 |
| Chicago 1 Bedroom Apartments Under $1500 | $2,467 | $640 | $9,987 |
| Chicago 2 Bedroom Apartments Under $1500 | $3,073 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments Under $1500 | $3,676 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments Under $1500 | $3,862 | $720 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,893 | $2,695 | $10,000+ |
| Chicago 6 Bedroom Apartments | $16,870 | $7,000 | $10,000+ |
Browse Top Apartments in Chicago
See all Apartments in ChicagoExplore Chicago
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 8,281 Studio Apartments in Chicago with rent ranges from $595 to $5,915 with an average price of $2,044.
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 $2,467.
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 $19,071. Today's average rental price for Two Bedrooms here is $3,073.
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 $3,676 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
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

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.

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.