
Apartments for Rent in Chicago, IL Under $1,500 (2,288 Rentals) Page 19 of 46


5624 S. Wabash

1204 W Lexington St

1337 W Huron

3823-3829 N Fremont St

5314 W Washington

701 W Brompton

5854 S Michigan

2876-2900 N Clark St

1415-25 W 80th

5932-5950 W North Ave

The Mabel Exchange Apartments

The Schoolhouse

1931 S Homan Ave

5800 S Artesian

1251 S Michigan - Senior Living

Everett Hyde Park

Everett Hyde Park

523-31 W. Fullerton

8200 S Ingleside

5749 W Chicago

8003 S Evans Ave

5300 N Sheridan Rd

4301 W Potomac Ave

7655 S May

5101 N Winchester Ave

Pratt At The Lake

6960-6970 N Sheridan Rd

Renaissance Apartments

421-431 W. Barry Avenue

1734 E 72nd

Ivy at Piccadilly

Kimball Terrace

North Park Village Apts - 62+

5015 S Champlain

1236 S Lawndale

Bell Lawrence

215 E 68th

6356 S Francisco

1415 W 80th

434-440 E 81st St

8157 S King Dr

8242 S Drexel Ave

1338 W Argyle

5653-59 N. Magnolia

212 E 69th

Oakwood Apartments

1700-1702 N Richmond St

4407-09 N. Malden St.

Bridgeport
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+ |
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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 8,281 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
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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.

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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
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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.

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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
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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.