
Apartments for Rent in Chicago, IL Under $1,500 (2,285 Rentals) Page 24 of 46


1400 W. Edgewater

2735-2739 N Laramie Ave

Chicago Residence

Luella Court

The Kenmore Gardens

4850-4858 S Michigan Ave

7845-7859 S Avalon Ave

Issel Building

649-57 W. Oakdale / 2919-21 N. Clark

348 74TH ST

Rogers Park

Sheridan Lake Apartments

1145 W Morse Ave

7340 N Damen Ave

5948 W Superior

600-602 N Lorel Ave

7109 S Ridgeland

Everett Apartments

5655-5659 S Indiana Ave

3225 W 111th

The Birchmont

4844-4850 W Wrightwood Ave

4626 Wolcott Avenue Apartments

6351 N Lakewood Ave

336 W Marquette

3816-20 W. North Ave.

9017-9019 S Cottage Grove Ave

1809 S Carpenter St

2801-2809 W Lunt Avenue Apartments

6100 S Green St/841 W 61st St - N

4142 N Avers Ave

3330 N Lake Shore Dr

Hermitage Andersonville

2048 N Cleveland Ave

5454 S Everett

646 W Roscoe St

7320-7330 N Ridge Ave

5528-5532 S. Everett Avenue

4840 N Rockwell St

525 S. Dearborn St.

3834 N Sheffield

The Westerner

Lake Park Crescent Apartments

7654 S Marshfield

8000 S Ellis Ave

5952-58 W Superior

12000 S Eggleston

4039-4051 N Laporte Ave

705 S Lawndale
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 | $2,043 | $595 | $5,915 |
| Chicago 1 Bedroom Apartments Under $1500 | $2,465 | $640 | $9,987 |
| Chicago 2 Bedroom Apartments Under $1500 | $3,062 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments Under $1500 | $3,680 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments Under $1500 | $3,864 | $720 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,841 | $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 8,291 Studio Apartments in Chicago with rent ranges from $595 to $5,915 with an average price of $2,043.
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 $19,071. Today's average rental price for Two Bedrooms here is $3,062.
How expensive are Chicago Three Bedroom Apartments?
There are currently 5,024 Three Bedroom Apartments listings available in Chicago on ApartmentHomeLiving.com. The pricing ranges from $883 to $38,481 - averaging $3,680 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.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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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.