New Apartments for Rent in Chicago, IL Under $5,500 (386 Rentals) Page 2 of 8

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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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The Van Buren
Rent Specials
$2,381 - $4,623
Total Monthly Price

Total Monthly Price

Base Rent
$2,381 - $4,623
Total Monthly Price
$2,381 - $4,623
Built in 20181 to 2 Bedroom Apartments Available Now

The Van Buren

808 W Van Buren StChicago, IL 60607
Corporate Housing
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Spoke
$2,380 - $7,297
Total Monthly Price

Total Monthly Price

Base Rent
$2,380 - $7,297
Total Monthly Price
$2,380 - $7,297
Built in 2018Studio to 3 Bedroom Apartments Available Now

Spoke

728 N Morgan StChicago, IL 60642
Corporate Housing
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Union West
Rent Specials
$2,334 - $8,563
Total Monthly Price

Total Monthly Price

Base Rent
$2,334 - $8,563
Total Monthly Price
$2,334 - $8,563
Built in 2019Studio to 3 Bedroom Apartments Available Now

Union West

939 W Washington BlvdChicago, IL 60607
Luxury
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1001 South State
$2,203 - $7,255
Total Monthly Price

Total Monthly Price

Base Rent
$2,203 - $7,255
Total Monthly Price
$2,203 - $7,255
Built in 2016Studio to 3 Bedroom Apartments Available Now

1001 South State

1001 S State StChicago, IL 60605
Corporate Housing
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Showing Results 51-100, Page 2 of 8

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 $4,094.

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 656 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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.