
Apartments for Rent in Chicago, IL Under $1,500 (2,279 Rentals) Page 44 of 46


Riverwood Apartment Homes

425-431 N. Humphrey Ave.

Salt Creek

7 Van Buren

432-438 N. Austin Blvd.

Clarence and Van Buren Bldg

514 S Austin

1022 N. Austin

1000 N Austin

3111 S Ridgeland Ave

8107 W Grand Ave

507 Denise Ct

7195 Barry St

700 North Austin Blvd

1000 Austin

Park Lane Apartments

255 S Maple

10918 S Kilpatrick

3522-30 Oak Park Ave

4747 19th Street

1501-1503 State St

801-811 S Euclid Ave

Country Club View Apartments

301 Harrison

1229 S Harlem Ave

102 Rockford Ave

14031 S School

8111 W Grand Ave

136 E 155th

5017 W 14th St

Bon Villa Apartments

North Court

Broadview Apartments

Islander Condos

450-460 N Austin Blvd

1573 State

1709 W Victoria Dr

1677 State

Astoria Commons

The Wright Building

Montclair Manor

Park Colony Apartments

11010 W Grand Ave

West Clare Apartments

817 S. Oak Park Ave.

15840 Marshfield Ave

12548 S Ashland Ave

16 W Busse Ave

Islander Apartments
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 | $2,036 | $595 | $5,920 |
| Chicago 1 Bedroom Apartments Under $1500 | $2,465 | $640 | $9,987 |
| Chicago 2 Bedroom Apartments Under $1500 | $3,068 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments Under $1500 | $3,717 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments Under $1500 | $4,031 | $924 | $10,000+ |
| Chicago 5 Bedroom Apartments | $5,846 | $2,695 | $10,000+ |
| Chicago 6 Bedroom Apartments | $16,990 | $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 8,304 Studio Apartments in Chicago with rent ranges from $595 to $5,920 with an average price of $2,036.
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 $3,068.
How expensive are Chicago Three Bedroom Apartments?
There are currently 5,043 Three Bedroom Apartments listings available in Chicago on ApartmentHomeLiving.com. The pricing ranges from $883 to $38,481 - averaging $3,717 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
Written by: Nicole Harms
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
Written by: Robin Stewart
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.