
Apartments for Rent in Chicago, IL Under $1,500 (2,285 Rentals) Page 26 of 46


Chicago Apartments

Edgewater Apartments

Everett Apartments

Eastwood Garden Apartments

6923 S Indiana

The Brittany

5850-5858 S Martin Luther King Dr

3449 N Elaine Pl

8000 S Paulina

660 Wrightwood

6938 S Cregier Ave.

Pine North

St. Edmund's Meadows

929-935 W Sunnyside Ave

Oakley Apartments

1530-1542 N Kedzie Ave

Clyde St Commons

2417 N Monticello Ave

5201 W Washington Blvd (old)

7719 S Yates

7655 S Sangamon

7822 s laflin

7612 S Kingston

1735 W 79th

4956 S Prairie Ave

7953 S Wolcott Ave

1860 S Komensky

7053 S St Lawrence

7930-7946 S Ingleside Ave

1742 E 72nd

7920 S Evans

The North Hotel

2128 N. Whipple St.

7700 S Phillips Ave

7105-7111 South Champlain Avenue/635-643 East 71st Street

7643 S Stewart

8231 S Ellis

4130 N Keystone Ave

7800 S South Shore Dr

11143-11145 S King Dr

7801 S Yates

7800 S Bishop St

Hilliard Towers Family II

8148 S Ingleside

7609 S Coles

7151 S Indiana Ave

6832 S Crandon

7927 S Ellis Ave

7657 S East End Ave
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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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

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.