
Apartments for Rent in Chicago, IL Under $5,000 (6,620 Rentals) Page 40 of 133


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1335 N Dearborn St, Unit 1347-506, Unit 1347-506

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814 W Cornelia Ave, Unit J05P, Unit J05P

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8444 S Buffalo Ave, Unit 2, Unit 2

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6119 N Wolcott Ave, Unit 1, Unit 1

EDGE on Broadway

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811 W Cornelia Ave, Unit 3, Unit 3

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813 W Cornelia Ave, Unit 821A-213, Unit 821A-213

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8057 S Sangamon St, Unit 2, Unit 2

Sheridan Tower - 5650 N Sheridan Rd

Westhaven Park Station

641 W Wrightwood Ave, Unit 115, Unit 115

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2909 W 64th St, Unit 6150-201, Unit 6150-201

Eden Commons

14 West Elm Apartments

Kenmore Place - 6119 N Kenmore Ave

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2108 W Ainslie St

Loyola Beach Apartments

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5103 N Winchester Ave

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4419 N Wolcott Ave, Unit 3, Unit 3

5320-5326.5 S. Drexel Boulevard

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4415 N Wolcott Ave, Unit 3, Unit 3

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4036 N Ashland Ave

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1712 W Lunt Ave, Unit 101, Unit 101

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4912 N Mason Ave, Unit 1 bdrm unit, Unit 1 bdrm unit

1731 N Central Ave, Unit 1, Unit 1

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1705 W Lunt Ave, Unit S, Unit S

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3539 W Grenshaw St

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6940 S King Dr, Unit 2S, Unit 2S

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6329 S Loomis Blvd, Unit 2, Unit 2

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4912 N Hoyne Ave, Unit 2102-1E, Unit 2102-1E

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2704 N Sawyer Ave, Unit 207, Unit 207

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6055 S Massasoit Ave, Unit 2, Unit 2

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7240 S Cornell Ave, Unit 1, Unit 1

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648 W Roscoe St, Unit 648-Garden, Unit 648-Garden

828 W. Fullerton

Edge @ Sheridan - 5910 N Sheridan Rd

Sheridan Lake - 6401 N Sheridan Rd

Lakeside 800

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3217 N Linder Ave, Unit 1N, Unit 1N

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524 W Oakdale Ave

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4038 N Ashland Ave

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3814 W Thomas St

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1549 S Christiana Ave, Unit 3, Unit 3

Reside on Clarendon

Canterbury Court Apartments

Park Dearborn

7251 At Waters Edge

1330 N Dearborn

Prairie Park 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 Under $5000 | $1,916 | $595 | $6,511 |
| Chicago 1 Bedroom Apartments Under $5000 | $2,456 | $525 | $10,000+ |
| Chicago 2 Bedroom Apartments Under $5000 | $3,055 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments Under $5000 | $3,844 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments Under $5000 | $3,318 | $879 | $10,000+ |
| Chicago 5 Bedroom Apartments | $8,380 | $1,950 | $10,000+ |
| Chicago 6 Bedroom Apartments | $11,143 | $850 | $10,000+ |
Browse Top Apartments in Chicago
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Frequently Asked Questions about Chicago
How much are Studio apartments in Chicago?
There are currently 8,430 Studio Apartments in Chicago with rent ranges from $595 to $6,511 with an average price of $1,916.
What is the current price range for One Bedroom Chicago Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Chicago ranges from $525 to $13,500 with an average monthly rent of $2,456.
What does renting a Two Bedroom Apartment in Chicago cost?
The monthly rent prices of Two Bedroom Apartments currently available in Chicago range from $762 to $20,830. Today's average rental price for Two Bedrooms here is $3,055.
How expensive are Chicago Three Bedroom Apartments?
There are currently 4,995 Three Bedroom Apartments listings available in Chicago on ApartmentHomeLiving.com. The pricing ranges from $883 to $38,481 - averaging $3,844 for the location.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.