
New Apartments for Rent in Chicago, IL Under $4,500 (387 Rentals) Page 2 of 8


ILUX

6 Corners Lofts

Fulbrix Apartments

Residences at 8 East Huron

Moment

120 W Chestnut St, Unit 9

1879 North Milwaukee

Xavier

The Saint Grand
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.

465 North Park

Flora

Marquee at Block 37

Linea Apartments

Than Tower

Milieu

NEMA Chicago
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

CADENCE APARTMENTS

868 N. Wells

920 N Wells

Parkline Chicago

Millennium on LaSalle

The Van Buren

Luxe on Madison

Arthur on Aberdeen

Nevele22 - 1122 W Chicago

503 S Damen Ave, Unit s

Elevate

2707 W Polk St, Unit 2

Spoke

4524 N Central Park Ave, Unit 2nd floor

JeffJack Apartments

Arrive Michigan Avenue

727 West Madison

1111 N Wells St, Unit 302

Marlowe

The Elizabeth Chicago

The Parker Fulton Market

Sheffield of Lincoln Park

2402 W Carmen Ave

4949 S Wabash Ave, Unit Top Floor Unit 3

1001 South State

Next Apartments

Eight O Five

Landmark West Loop

Terrace 459

Union West

Lofts At River East

Westerly

3141 N. Sheffield
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 | $2,071 | $575 | $10,000+ |
Chicago 1 Bedroom Apartments | $2,650 | $748 | $10,000+ |
Chicago 2 Bedroom Apartments | $3,198 | $900 | $10,000+ |
Chicago 3 Bedroom Apartments | $3,683 | $1,050 | $10,000+ |
Chicago 4 Bedroom Apartments | $2,951 | $1,040 | $10,000+ |
Chicago 5 Bedroom Apartments | $5,358 | $2,600 | $10,000+ |
Chicago 6 Bedroom Apartments | $5,395 | $4,795 | $5,995 |
Explore Chicago
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 KLEO Art Residences listed at $900.
How much is the average rent for a New Chicago Apartment?
The average rent for a New Apartment in Chicago is $3,939.
What is the largest New Chicago Apartment for rent?
Today's New apartment with the most square footage in Chicago is a 6,438 square feet unit starting from $2,549 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 654 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.