
Apartments for Rent in Chicago, IL Under $1,500 (2,316 Rentals) Page 20 of 47


8157 S King Dr

434-440 E 81st St

215 E 68th

8242 S Drexel Ave

4443 W Gladys Ave

4152-4156 W Lake St

938 W 34th St

5651 N Miltimore Ave

3033 E 79th St

1430 S Kenneth Ave

634 N Lamon Ave

1316-1319 E Hyde Park Blvd

1966 S Trumbull Ave

1700-1702 N Richmond St

4407-09 N. Malden St.

The Sovereign Apartments

8201-8205 S Paulina St

5314 W Washington

Oakwood Apartments

212 E 69th

4606 N. Hermitage

1565 W Birchwood Ave

211 E. Ohio St.

3847-3857 N Linder Ave

625 W Wrightwood

Bridgeport

5927-5929 W 63rd St

2900 E 91st

3560 W Cermak

Greenwood Park Apartments

Greater Grand Crossing

8016-8022 S Evans Ave

5300-5308 S. Hyde Park Boulevard

7801-05 S Indiana Ave Chicago IL

5758 S Wabash

7942 S Champlain Ave

8007 S Champlain Ave

450 W. Melrose

Humboldt Ridge Apartments

455 W. Wellington

4908 - 4918 N Glenwood

Ivy Hastings

1123 N Lawler Ave

4641 W Jackson Blvd

8101 S Justine St

1236 S Lawndale

3454 W Lexington

6748 S Blackstone Ave.

6715 S Dorchester
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 | $2,020 | $600 | $9,940 |
| Chicago 1 Bedroom Apartments Under $1500 | $2,478 | $650 | $10,000+ |
| Chicago 2 Bedroom Apartments Under $1500 | $3,060 | $850 | $10,000+ |
| Chicago 3 Bedroom Apartments Under $1500 | $3,846 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments Under $1500 | $3,420 | $970 | $10,000+ |
| Chicago 5 Bedroom Apartments | $7,691 | $2,600 | $10,000+ |
| Chicago 6 Bedroom Apartments | $5,190 | $750 | $7,350 |
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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 8,307 Studio Apartments in Chicago with rent ranges from $600 to $9,940 with an average price of $2,020.
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 $10,120 with an average monthly rent of $2,478.
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 $3,060.
How expensive are Chicago Three Bedroom Apartments?
There are currently 5,002 Three Bedroom Apartments listings available in Chicago on ApartmentHomeLiving.com. The pricing ranges from $883 to $38,481 - averaging $3,846 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

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.

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.

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.

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

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.

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.

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.

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.