
Apartments for Rent in Chicago, IL Under $1,500 (2,290 Rentals) Page 2 of 46


916 W 68th St

1164 N Dearborn

520-28 W. Surf St.

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845 W Wolfram St, Unit #405

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809 W Cornelia Ave, Unit #306

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524 W Briar Pl, Unit #102

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4542 N Damen Ave, Unit 212

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832 W Wolfram St, Unit 837-306

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6422 S Rhodes Ave, Unit 2
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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7456 S Stewart Ave, Unit 3

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510 W Briar Pl

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537 W Arlington Pl, Unit 536-006

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1517 W Sherwin Ave

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6022 N Winthrop Ave

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368 E 59th St, Unit #3

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1427 N Dearborn St

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928 W Dakin St, Unit 308

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916 W 68th St, Unit 1W

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717 W Belmont Ave, Unit J08W
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833 W Wolfram St, Unit J00W

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1034 W George St, Unit J09W

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1361 W Greenleaf Ave, Unit #3A

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6008 N Winthrop Ave, Unit 206

620 W. Belmont

6154 S Rockwell St

Grace Shores

211 E. Delaware

1036 N. Dearborn

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430-446 W. Diversey
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3542 W 24th St, Unit 2

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8428 S Escanaba Ave, Unit 1

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6142 N Kenmore Ave, Unit 504,

2545 W Fitch

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2825 N Burling St, Unit #104

21st Street Lofts by 3L Living

721 W. Belmont

644 W. Surf

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6514 N Glenwood Ave, Unit 1W

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6329 S Loomis Blvd, Unit 2

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7300 N Ridge Blvd, Unit 207

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4518 N Wolcott Ave, Unit 3B

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6755 N Sheridan Rd

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441 W. Barry

Dakin Court - 910 W Dakin St

The Hazelton

The Wilson Club

5326 N Winthrop Ave

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2630 N. Hampden Court
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 | $5,117 |
| Chicago 1 Bedroom Apartments Under $1500 | $2,464 | $640 | $10,000+ |
| Chicago 2 Bedroom Apartments Under $1500 | $3,059 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments Under $1500 | $3,650 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments Under $1500 | $3,552 | $924 | $10,000+ |
| Chicago 5 Bedroom Apartments | $6,074 | $2,695 | $10,000+ |
| Chicago 6 Bedroom Apartments | $16,830 | $7,000 | $10,000+ |
Browse Top Apartments in Chicago
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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 8,255 Studio Apartments in Chicago with rent ranges from $595 to $5,117 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 $10,139 with an average monthly rent of $2,464.
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 $3,059.
How expensive are Chicago Three Bedroom Apartments?
There are currently 5,022 Three Bedroom Apartments listings available in Chicago on ApartmentHomeLiving.com. The pricing ranges from $883 to $38,481 - averaging $3,650 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.
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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.

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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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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.

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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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
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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.
