
New Apartments for Rent in Chicago, IL Under $2,600 (300 Rentals)


The 808 Cleveland

Post Chicago Apartments

Flora

MILA

Sentral Michigan Avenue

Cascade

AMLI 808

Logan

Marlowe
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.

Noca Blu Apartment Homes

The Van Buren

Arrive Michigan Avenue

Aspire Residences

NEMA Chicago

ONE Old Town Park

727 West Madison

Spoke

The Clark

The Gallery on Wells
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.

Exhibit on Superior

1001 South State

Next Apartments

Marquee at Block 37

JeffJack Apartments

Cassidy on Canal

Inspire West Town

Mccormick Coliving
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.

North Oak Lofts

Imprint

Four50 Residences

Upshore Chapter

Xavier

North Water Apartments

Vue53

Straits Row
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

Addams Coliving

868 N. Wells

Coppia

920 N Wells

One Six Six

Sheffield of Lincoln Park

Panorama

Coeval

AM1980

21st Street Lofts by 3L Living

Eleven40

Emme

731 Plymouth by 3L Living
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 | $2,056 | $532 | $8,392 |
Chicago 1 Bedroom Apartments | $2,648 | $750 | $10,000+ |
Chicago 2 Bedroom Apartments | $3,244 | $899 | $10,000+ |
Chicago 3 Bedroom Apartments | $3,814 | $800 | $10,000+ |
Chicago 4 Bedroom Apartments | $3,777 | $850 | $10,000+ |
Chicago 5 Bedroom Apartments | $4,705 | $980 | $10,000+ |
Chicago 6 Bedroom Apartments | $1,600 | $1,600 | $1,600 |
Explore Chicago

Chicago, IL Local Guide
- Chicago Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Canvas at Leland Plaza listed at $532.
How much is the average rent for a New Chicago Apartment?
The average rent for a New Apartment in Chicago is $4,230.
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 650 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.

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.

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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.