
Apartments for Rent in Chicago, IL Under $1,500 (2,430 Rentals) Page 5 of 49


430-446 W. Diversey

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Beachwalk Apartments

530 W. Diversey

Lawrence Lofts

Prairie CoLiving

5405-5407 S. Woodlawn Avenue

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6755 N Sheridan Rd

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717 W Belmont Ave, Unit A09C

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501 W Belmont Ave, Unit A01C

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503 W Belmont Ave, Unit A03C

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645 W Wrightwood Ave, Unit A03C

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501 W Belmont Ave, Unit #3J

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701 W Belmont Ave, Unit #504

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8128 S Marshfield Ave, Unit Second floor

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7502 N Hoyne Ave

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653 W Belmont Ave, Unit 5C

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1016 W 70th St, Unit #1W

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717 W Belmont Ave, Unit 504

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653 W Belmont Ave, Unit M00H

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4011 S Calumet Ave, Unit G

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6910 N Sheridan Rd, Unit Unit 402

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6032 Irving Park Rd, Unit 4B

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543 W Belmont Ave, Unit M00H

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545 W Belmont Ave, Unit H04F

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5421 W Montrose Ave

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2558 W 39th Pl, Unit Bf

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5863 N Kenmore Ave

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739 W Belmont Ave

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711 W Belmont Ave, Unit 504

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6950 N Ashland Blvd, Unit #302

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744 W Belmont Ave, Unit K01J

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625 W Belmont Ave, Unit 5

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2747 N Spaulding Ave

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4519 N Milwaukee Ave

1036 N. Dearborn

1363-67 E. 53rd St.

2738 N. Pine Grove

768 W. Jackson

424 W. Oakdale Ave.

1522 W Sherwin Ave

6008 N Winthrop Ave, Unit 206

1517 W Sherwin Ave

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3832 N Fremont St, Unit J03W

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515 W Belmont Ave, Unit A09C

505 W Belmont Ave

441 W. Barry

Academy at Drexel

515 W. Briar

7608 N Sheridan Rd, Unit 202
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 | $1,925 | $575 | $6,511 |
| Chicago 1 Bedroom Apartments Under $1500 | $2,447 | $525 | $10,000+ |
| Chicago 2 Bedroom Apartments Under $1500 | $3,024 | $650 | $10,000+ |
| Chicago 3 Bedroom Apartments Under $1500 | $3,850 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments Under $1500 | $3,159 | $200 | $10,000+ |
| Chicago 5 Bedroom Apartments | $8,559 | $1,950 | $10,000+ |
| Chicago 6 Bedroom Apartments | $14,830 | $850 | $10,000+ |
Browse Top Apartments in Chicago
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Frequently Asked Questions about Chicago
How much are Studio apartments in Chicago?
There are currently 8,393 Studio Apartments in Chicago with rent ranges from $575 to $6,511 with an average price of $1,925.
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 $525 to $11,795 with an average monthly rent of $2,447.
What does renting a Two Bedroom Apartment in Chicago cost?
The monthly rent prices of Two Bedroom Apartments currently available in Chicago range from $650 to $23,976. Today's average rental price for Two Bedrooms here is $3,024.
How expensive are Chicago Three Bedroom Apartments?
There are currently 4,982 Three Bedroom Apartments listings available in Chicago on ApartmentHomeLiving.com. The pricing ranges from $883 to $38,481 - averaging $3,850 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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.