New Apartments for Rent in Chicago, IL Under $3,500 (360 Rentals) Page 2 of 8

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727 West Madison
$2,494 - $13,206
Total Monthly Price

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$2,494 - $13,206
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Built in 2018Studio to 3 Bedroom Apartments Available Now

727 West Madison

727 W Madison StChicago, IL 60661
Luxury
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AMLI West Loop
$2,491 - $7,180
Total Monthly Price

Total Monthly Price

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$2,491 - $7,180
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Varies
Built in 2019Studio to 2 Bedroom Apartments Available Now

AMLI West Loop

205 S PeoriaChicago, IL 60607
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Spoke
Rent Specials
$2,441 - $3,395
Total Monthly Price

Total Monthly Price

Base Rent
$2,441 - $3,395
Total Monthly Price
Varies
Built in 2018Studio to 3 Bedroom Apartments Available Now

Spoke

728 N Morgan StChicago, IL 60642
Corporate Housing
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  • Customer Reviewed
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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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The Cooper
Rent Specials
$2,367 - $12,687
Total Monthly Price

Total Monthly Price

Base Rent
$2,367 - $12,687
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Built in 2018Studio to 3 Bedroom Apartments Available Now

The Cooper

720 S Wells StChicago, IL 60607
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Flora
$2,366 - $10,110
Total Monthly Price

Total Monthly Price

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$2,366 - $10,110
Total Monthly Price
Varies
Built in 2024Studio to 3 Bedroom Apartments Available Now

Flora

1114 W Carroll AveChicago, 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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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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EMME
Rent Specials
$2,274 - $4,975Built in 2017Studio to 2 Bedroom Apartments Available Jul 29

EMME

165 N Desplaines StChicago, IL 60661
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AMLI 808
$2,269 - $6,716
Total Monthly Price

Total Monthly Price

Base Rent
$2,269 - $6,716
Total Monthly Price
Varies
Built in 2021Studio to 2 Bedroom Apartments Available Jul 18

AMLI 808

808 N Wells StChicago, IL 60610
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One Six Six
$2,261 - $3,286
Total Monthly Price

Total Monthly Price

Base Rent
$2,261 - $3,286
Total Monthly Price
Varies
Built in 2022Studio to 3 Bedroom Apartments Available Now

One Six Six

166 N Aberdeen StChicago, IL 60607
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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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Showing Results 51-100, Page 2 of 8

Chicago, IL Area Reviews

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Nicole • 4+ years in Chicago

April 10, 2026

Big city challenges with traffic but also provides the amenities of the city you can't find elsewhere

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 Stephen's Commons- Senior Living-Age 62+ listed at $595.

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

The average rent for a New Apartment in Chicago is $4,153.

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 635 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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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.