New Apartments for Rent in Chicago, IL Under $2,400 (229 Rentals)

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The Mason
$2,377 - $8,109
Total Monthly Price

Total Monthly Price

Base Rent
$2,351 - $8,083
Required Monthly Fees
$26
Total Monthly Price
$2,377 - $8,109
Built in 2019Studio to 3 Bedroom Apartments Available Now

The Mason

180 N Ada StChicago, IL 60607
Affordability
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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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Luxe Logan Square
Rent Specials
$2,343 - $4,719
Total Monthly Price

Total Monthly Price

Base Rent
$2,331 - $4,707
Required Monthly Fees
$12
Total Monthly Price
$2,343 - $4,719
Built in 2017Studio to 3 Bedroom Apartments Available Now

Luxe Logan Square

1950 N Campbell AveChicago, IL 60647
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1001 South State
$2,330 - $7,639
Total Monthly Price

Total Monthly Price

Base Rent
$2,195 - $7,504
Required Monthly Fees
$135
Total Monthly Price
$2,330 - $7,639
Built in 2016Studio to 3 Bedroom Apartments Available Now

1001 South State

1001 S State StChicago, IL 60605
Corporate Housing
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Panorama
$2,307 - $2,777
Total Monthly Price

Total Monthly Price

Base Rent
$2,282 - $2,752
Required Monthly Fees
$25
Total Monthly Price
$2,307 - $2,777
Built in 2021Studio to 3 Bedroom Apartments Available Now

Panorama

918 W School StChicago, IL 60657
Affordability
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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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Union West
Rent Specials
$2,254 - $10,759
Total Monthly Price

Total Monthly Price

Base Rent
$2,218 - $10,723
Required Monthly Fees
$36
Total Monthly Price
$2,254 - $10,759
Built in 2019Studio to 3 Bedroom Apartments Available Now

Union West

939 W Washington BlvdChicago, IL 60607
Luxury
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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.

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Next Apartments
$2,254 - $4,247
Total Monthly Price

Total Monthly Price

Base Rent
$2,242 - $4,235
Required Monthly Fees
$12
Total Monthly Price
$2,254 - $4,247
Built in 2016Studio to 2 Bedroom Apartments Available Now

Next Apartments

347 W Chestnut StChicago, IL 60610
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Millie On Michigan
$2,224 - $4,847
Total Monthly Price

Total Monthly Price

Base Rent
$2,224 - $4,847
Total Monthly Price
$2,224 - $4,847
Built in 2021Studio to 2 Bedroom Apartments Available Now

Millie On Michigan

300 N Michigan AveChicago, IL 60601
Luxury
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Logan
$2,206 - $5,178
Total Monthly Price

Total Monthly Price

Base Rent
$2,194 - $5,166
Required Monthly Fees
$12
Total Monthly Price
$2,206 - $5,178
Built in 2019Studio to 2 Bedroom Apartments Available Now

Logan

2522 N Milwaukee AveChicago, IL 60647
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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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Imprint
$2,172 - $4,931
Total Monthly Price

Total Monthly Price

Base Rent
$1,932 - $4,691
Required Monthly Fees
$240
Total Monthly Price
$2,172 - $4,931
Built in 2020Studio to 4 Bedroom Apartments Available Now

Imprint

717 S Clark StChicago, IL 60605
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Neveseno
$2,136 - $9,164
Total Monthly Price

Total Monthly Price

Base Rent
$1,896 - $8,924
Required Monthly Fees
$240
Total Monthly Price
$2,136 - $9,164
Built in 20251 to 4 Bedroom Apartments Available Now

Neveseno

1717 S Michigan AveChicago, IL 60616
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EMME
Rent Specials
$2,127 - $4,727Built in 2017Studio to 2 Bedroom Apartments Available Now

EMME

165 N Desplaines StChicago, IL 60661
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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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Chicago, IL Local Guide

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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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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Location, Location, Location!

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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 $919.

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

The average rent for a New Apartment in Chicago is $4,079.

What is the largest New Chicago Apartment for rent?

Today's New apartment with the most square footage in Chicago is a 4,425 square feet unit starting from $2,258 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 639 sq ft.

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

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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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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.

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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.

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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

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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.

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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.

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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.

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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.