
New Apartments for Rent in Chicago, IL Under $3,400 (351 Rentals)


Clybourn

Brand New Lakeview Apartments

Four50 Residences

The Row Fulton Market

1338 W Cullerton St

2806 W Henderson St, Unit 4
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.

4317 S Forrestville Ave, Unit Apartment Two

1752 W 18th Pl

ILUX

The Residences at NewCity

Sienna Chicago

One Chicago

3Eleven

The Apartments at Lincoln Common

North Water Apartments

Niche 905

The Sinclair

Cascade
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.

The Hudson

640 North Wells

Aurelien

1023 W Addison St, Unit 1BD

Solstice on the Park

NEMA Chicago

1111 N Wells St, Unit 302

City Hyde Park
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.

Moment

1819 Lofts

1110 W Marquette Rd, Unit Duplex

Arrive Michigan Avenue

920 N Wells

5252

Aberdeen East

6700NORTH

2319-2551 N Southport Ave

The Erikson
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.

North Oak Lofts

The Raven Residences

868 N. Wells

Porte

Than Tower

410 W Grand Ave, Unit 2

MILA

Lincoln 1955 N

465 North Park

Residences at 8 East Huron
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.

369 Grand by Onni

1407 on Michigan

120 W Chestnut St, Unit 9
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 | $2,067 | $575 | $10,000+ |
Chicago 1 Bedroom Apartments | $2,664 | $575 | $10,000+ |
Chicago 2 Bedroom Apartments | $3,150 | $900 | $10,000+ |
Chicago 3 Bedroom Apartments | $3,660 | $1,075 | $10,000+ |
Chicago 4 Bedroom Apartments | $3,281 | $1,040 | $10,000+ |
Chicago 5 Bedroom Apartments | $5,200 | $2,150 | $10,000+ |
Chicago 6 Bedroom Apartments | $6,716 | $4,795 | $10,000+ |
Explore Chicago

Chicago, IL Local Guide
- Chicago Neighborhoods
- Nearby Cities
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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 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 $4,067.
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 632 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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.