New Apartments for Rent in Chicago, IL Under $1,700 (71 Rentals)

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Vue53
Rent Specials
from $1,325Built in 2016Studio to 2 Bedroom Apartments Available Now

Vue53

1324-1346 E 53rd StChicago, IL 60615
Student Housing
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  • Customer Reviewed
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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6733 S Merrill Ave
Built in 20223 Bedroom Apartments

6733 S Merrill Ave

6733 S Merrill AveChicago, IL 60649
  • Utilities Included
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Catalpa 2507 W
Built in 20172 Bedroom Apartments

Catalpa 2507 W

2507 W Catalpa AveChicago, IL 60625
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Zitella on Central
Built in 20152 Bedroom Apartments

Zitella on Central

2917-2939 N Central AveChicago, IL 60634
  • Utilities Included
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East Village Lofts
Built in 2018Studio to 2 Bedroom Apartments

East Village Lofts

1100 N Ashland AveChicago, IL 60622
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4513 N Clark St
Built in 2024Studio to 2 Bedroom Apartments

4513 N Clark St

4513 N Clark StChicago, IL 60640
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Mozart 4401-07 N.
Built in 20172 Bedroom Apartments

Mozart 4401-07 N.

4401 N Mozart StChicago, IL 60625
  • Utilities Included
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Pershing Place
Built in 20241 to 3 Bedroom Apartments

Pershing Place

624 E Pershing RdChicago, IL 60653
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5055 S Dorchester Ave
Built in 2020Studio to 3 Bedroom Apartments

5055 S Dorchester Ave

5055 S Dorchester AveChicago, IL 60615
  • Utilities Included
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1323 W Morse Ave
Built in 20181 to 2 Bedroom Apartments

1323 W Morse Ave

1323 W Morse AveChicago, IL 60626
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Motif on Belden
Built in 2023Studio Apartments

Motif on Belden

2845 W Belden AveChicago, IL 60647
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Fields Lofts
Built in 2019Studio Apartments

Fields Lofts

4000 W Diversey AveChicago, IL 60639
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MiCA
Built in 2016Studio to 3 Bedroom Apartments

MiCA

2733 W Belden AveChicago, IL 60647
  • Utilities Included
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Centrum Lakeview Phase II
Built in 2017Studio to 1 Bedroom Apartments

Centrum Lakeview Phase II

3418 N Lincoln AveChicago, IL 60657
  • Utilities Included
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Montauk
Built in 2018Studio to 1 Bedroom Apartments

Montauk

1550 N Wieland StChicago, IL 60610
  • Utilities Included
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Trianon Lofts
Built in 20172 Bedroom Apartments

Trianon Lofts

803 E 61st StChicago, IL 60637
  • Utilities Included
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Wicker Park Lofts
Built in 2016Studio to 3 Bedroom Apartments

Wicker Park Lofts

1515-1517 W Haddon AveChicago, IL 60642
  • Utilities Included
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111 S Peoria St
Built in 2018Studio to 3 Bedroom Apartments

111 S Peoria St

111 S Peoria StChicago, IL 60607
Furnished

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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The Oasis of Bucktown
Built in 20211 Bedroom Apartments

The Oasis of Bucktown

2400 W Wabansia AveChicago, IL 60647
Student Housing
  • Utilities Included
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4102 N Sheridan Rd
Built in 2024Studio to 2 Bedroom Apartments

4102 N Sheridan Rd

4102 N Sheridan RdChicago, IL 60613
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Jefferson Park Apartments
Built in 2022Studio to 3 Bedroom Apartments

Jefferson Park Apartments

5150 N Northwest HwyChicago, IL 60630
  • Utilities Included

Chicago, IL Local Guide

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Getting Around Chicago, IL

Walk Score®

83 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

77 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

66 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about New Chicago Apartments

What is the Cheapest New apartment in Chicago?

Currently the most affordable New Apartment in Chicago is at 5401 Cornell by 3L Living listed at $899.

How much is the average rent for a New Chicago Apartment?

The average rent for a New Apartment in Chicago is $4,172.

What is the largest New Chicago Apartment for rent?

Today's New apartment with the most square footage in Chicago is a 6,439 square feet unit starting from $2,151 at 369 Grand by Onni.

What is the average size for Chicago New Apartments for rent?

The average size for a New rental in Chicago is currently at 660 sq ft.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.