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Built in 2017Studio to 2 Bedroom Apartments
851 West
851-855 W Grand AveChicago, IL 60642
New Apartments for Rent in Chicago, IL Under $5,500 (392 Rentals) Page 5 of 8
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Built in 2017Studio to 3 Bedroom Apartments
Hubbard 221
221 W Hubbard StChicago, IL 60654
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Built in 2023Studio to 2 Bedroom Apartments
4725 N Western Ave
4725 N Western AveChicago, IL 60625
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Built in 20161 to 2 Bedroom Apartments
Wells Place Apartments
837-839 S Wells StChicago, IL 60607
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Built in 20232 to 3 Bedroom Apartments
3207 N Lawndale Ave
3207 N Lawndale AveChicago, IL 60618
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Built in 2020Studio to 2 Bedroom Apartments
1318 N Western Ave
1318 N Western AveChicago, IL 60622
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Built in 20233 Bedroom Apartments
1606 S Ashland Ave
1606 S Ashland AveChicago, IL 60608
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Built in 20182 Bedroom Apartments
HIGHPOINT West Loop
1609 W Warren BlvdChicago, IL 60612
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Built in 20221 to 3 Bedroom Apartments
2535-41 N. Campbell
2455 W Logan BlvdChicago, IL 60647
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Built in 20181 to 2 Bedroom Apartments
HIGHPOINT Wicker Park
1554 N Talman AveChicago, IL 60622
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Built in 2017Studio to 3 Bedroom Apartments
Optima Signature
220 E Illinois StChicago, IL 60611
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Built in 20233 Bedroom Apartments
3101 N Milwaukee Ave
3101 N Milwaukee AveChicago, IL 60618
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Built in 20182 to 3 Bedroom Apartments
Southport Gateway Apartments
3334 N Southport AveChicago, IL 60657
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Built in 2017Studio to 2 Bedroom Apartments
1647 N. Milwaukee
1647 N Milwaukee AveChicago, IL 60647
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Built in 20213 Bedroom Apartments
2145 S. Halsted
2145 S Halsted StChicago, IL 60608
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Built in 20161 to 2 Bedroom Apartments
Sienna Chicago
423 E Ohio StChicago, IL 60611
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Built in 2018Studio to 2 Bedroom Apartments
Duet
904-909 W Montana StChicago, IL 60614
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Built in 20221 to 3 Bedroom Apartments
2823 W Belmont Ave
2823 W Belmont AveChicago, IL 60618
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Built in 20212 to 3 Bedroom Apartments
Lincoln Flats
1924 W Byron StChicago, IL 60613
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Built in 20232 to 3 Bedroom Apartments
6700NORTH
6700 W North AveChicago, IL 60707
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Built in 20221 to 3 Bedroom Apartments
Logan Square Apartments
2740 N Spaulding AveChicago, IL 60647
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Built in 20181 to 2 Bedroom Apartments
OA Lux
1650 W Adams StChicago, IL 60612
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Built in 20181 to 3 Bedroom Apartments
Viridian on Sheridan
734 W Sheridan RdChicago, IL 60613
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Built in 20193 Bedroom Apartments
2124 S Halsted
2124 S Halsted StChicago, IL 60608
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Built in 2019Studio to 3 Bedroom Apartments
Wolf Point East
313 W Wolf Point PlzChicago, IL 60654
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Built in 2022Studio to 2 Bedroom Apartments
Gild
1210 N State PkwyChicago, IL 60610
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Built in 20181 to 3 Bedroom Apartments
Solstice on the Park
1616 E 56th StChicago, IL 60637
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Built in 2021Studio to 3 Bedroom Apartments
The Grace
3757 N Sheffield AveChicago, IL 60613
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Built in 20191 Bedroom Apartments
1553 N Wells St
1553 N Wells StChicago, IL 60610
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Built in 20201 to 2 Bedroom Apartments
3647 N Southport Ave
3647 N Southport AveChicago, IL 60613
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Built in 20231 to 2 Bedroom Apartments
963 W Montana St
963 W Montana StChicago, IL 60614
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Built in 20231 to 3 Bedroom Apartments
913 School
913 W School StChicago, IL 60657
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Built in 2021Studio to 2 Bedroom Apartments
NEW - Arthurs of Old Town Apartments
300 W Division StChicago, IL 60610
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Built in 20181 to 3 Bedroom Apartments
606 Blue
1743 N Leavitt StChicago, IL 60647
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Built in 20252 Bedroom Apartments
ILUX
3043 W Irving Park RdChicago, IL 60618
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Built in 20181 to 2 Bedroom Apartments
The Western
1920 N Milwaukee AveChicago, IL 60647
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Built in 20181 to 3 Bedroom Apartments
1728 W. Division
1726-1732 W Division StChicago, IL 60622
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Built in 20201 to 2 Bedroom Apartments
2150 W Lawrence Ave
2150 W Lawrence AveChicago, IL 60625
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Built in 20161 to 3 Bedroom Apartments
1545 W. North Ave.
1545 W North AveChicago, IL 60642
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Built in 20192 Bedroom Apartments
3720 N. Ashland Avenue
3720 N Ashland AveChicago, IL 60613
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Built in 20191 Bedroom Apartments
MODE Lakeview
3462 N Lincoln AveChicago, IL 60657
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Built in 2016Studio to 3 Bedroom Apartments
Luxe on Chicago
1838 W Chicago AveChicago, IL 60622
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Built in 2016Studio to 3 Bedroom Apartments
Moment
545 N McClurg CtChicago, IL 60611
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Built in 20171 to 3 Bedroom Apartments
1510 W Division St
1510 W Division StChicago, IL 60642
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Built in 20162 Bedroom Apartments
2740 W North Ave
2740 W North AveChicago, IL 60647
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Built in 20251 to 4 Bedroom Apartments
The West End Club
1550 W Monroe StChicago, IL 60607
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Built in 2017Studio to 3 Bedroom Apartments
640 North Wells
640 N Wells StChicago, IL 60654
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Built in 20201 to 4 Bedroom Apartments
Bosworth Place
1220 N Bosworth AveChicago, IL 60642
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Built in 2021Studio to 2 Bedroom Apartments
Old Town Park Tower 3
228 W Hill StChicago, IL 60610
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Built in 20191 to 4 Bedroom Apartments
Woodworking Lofts
1432 W 21st StChicago, IL 60608
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 | $2,030 | $595 | $4,840 |
| Chicago 1 Bedroom Apartments | $2,469 | $640 | $9,987 |
| Chicago 2 Bedroom Apartments | $3,020 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,681 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,556 | $924 | $10,000+ |
| Chicago 5 Bedroom Apartments | $6,130 | $1,995 | $10,000+ |
| Chicago 6 Bedroom Apartments | $7,674 | $6,700 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Chicago, IL Area Reviews
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Write a ReviewNicole • 4+ years in Chicago
April 10, 2026Big 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
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
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.
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.
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.
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.