
Apartments for Rent in Chicago, IL Under $1,500 (2,285 Rentals) Page 25 of 46


7701 S May St

7954 S Justine

5705 - 5713 West Catalpa Avenue

1616 W 80th St

6100 S Artesian

1509 E 69th Pl

7801 S Cornell Ave

222 E 109th

1630-1632 S Sawyer Ave

The Briar

727-29 W. Briar

Ridge Apartments

4052-4058 W Belmont Ave

3933 N. Clarendon

7409 S Yates

1461-65 W. Byron St.

9118-9124 South Dauphin Avenue

7400 S Yates

7956 S Burnham

7549 S Yates

7440 S Phillips

1200 W Wellington Ave

7939 S Dobson

7229 S Yates Blvd

Ivy at Harper

729 N Central

7955 S Calumet

Ivy Terrace

8200 S Clyde Ave

Oak Park Apartments

11932 S Stewart

4424-4432 N Seeley Ave

7940 S Greenwood

Pangea Apartments

7752 S Cornell

8352 S Ellis Ave

7317 S Chappel

7348 S Dr Martin Luther King Jr

9000 S Bishop

723 N Central

Martin Luther King JR PLZ (S-8 Affordable)

The Park Terrace

Ivy at Carlson

The Damen Jarvis

9400 S Laflin St

8201 S Kingston Ave

8951 S Ada St

Levy House

The Elevation Lofts
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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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
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.