
New Apartments for Rent in Chicago, IL Under $4,500 (375 Rentals) Page 5 of 8


Lincoln Flats

2823 W Belmont Ave

OA Lux

2740 N Spaulding Ave

6700NORTH

Residences at Addison Clark

2124 S Halsted

Reside on Jackson

Wells Place Apartments

640 North Wells

The Grace

963 W Montana St

NEW - Arthurs of Old Town Apartments

HIGHPOINT Wicker Park

606 Blue

Wolf Point East

HIGHPOINT West Loop

ILUX

The Western

Moment

Luxe on Chicago

3647 N Southport Ave

1728 W. Division

2150 W Lawrence Ave

1545 W. North Ave.

913 School

3720 N. Ashland Avenue

Wrigleyville Lofts

MODE Lakeview

Lincoln 1955 N

1510 W Division St

2740 W North Ave

The West End Club

Gild

Bosworth Place

Old Town Park Tower 3

Windsor North + Vine

Duet

Woodworking Lofts

St. Paul Western Lofts

Centrum Lakeview

Jefferson Park Residences

Terrace 459

5416-22 W Belmont Ave

3141 N. Sheffield

Coppia

The Base

1604 N Richmond

L Logan Square Apartments
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 | $1,938 | $550 | $5,839 |
| Chicago 1 Bedroom Apartments | $2,489 | $525 | $10,000+ |
| Chicago 2 Bedroom Apartments | $3,090 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,907 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,567 | $879 | $10,000+ |
| Chicago 5 Bedroom Apartments | $8,254 | $2,175 | $10,000+ |
| Chicago 6 Bedroom Apartments | $7,083 | $2,475 | $10,000+ |
Explore Chicago
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 $4,143.
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 648 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

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.

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.

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.

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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

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.