
Short Term Lease Apartments for Rent in Chicago, IL Under $5,500 (400 Rentals)
Rental terms in Chicago as short as a month! Perfect when you can't commit to a full year of renting.


FultonHub

Total Monthly Price
6409 S Rhodes Ave, Unit 2nd FL

The Hudson

Total Monthly Price
State and Grand

Total Monthly Price
Roosevelt Collection Lofts

5335-5345 S. Kimbark Avenue

EMME

2101 Michigan

5252
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

Nevele22 - 1122 W Chicago

State & Chestnut

Arrive LEX

NEMA Chicago

Total Monthly Price
1401 S. State

Eugenie Terrace on the Park

1879 North Milwaukee

Landmark West Loop

Five Points Lakeview

The Bush Temple
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Total Monthly Price
1400 Wabash

1515 E. 54th Street

Aspire

Astoria Tower

Shoreland

The Alfred

Arrive Streeterville

Eleven40

731 Plymouth by 3L Living

1407 on Michigan
When Life Happens: Your Options for Ending a Rental Lease Early
Unexpected life events can force you to break your lease. Learn how to communicate with your landlord, negotiate a solution, and understand your legal options for early termination.

Total Monthly Price
Coeval

Fisher Building Apartments

The Del Prado

The Rosie

Platform 4611 Uptown Chicago

Regents Park

1101 E. Hyde Park Boulevard

820 Michigan by 3L Living

Total Monthly Price
The Trilogy at Hyde Park

1522 N La Salle Dr
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

14 West Elm Apartments

7251 At Waters Edge

East Park Tower

21st Street Lofts by 3L Living

Algonquin Apartments

Hollywood Beach

768 W. Jackson

Post Chicago

Winthrop Manor

Winthrop Terrace
The Freedom of Short-Term Rentals: Exploring the Advantages for Renters
From flexibility to potential costs, explore the key benefits and drawbacks of short-term rental housing from a renter's perspective.
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+ |
Explore Chicago

Chicago, IL Local Guide
- Chicago Neighborhoods
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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Chicago, IL Rentals by Map
See the most popular apartments and homes in Chicago, IL
Chicago, IL Area Reviews
Nicole • 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 Short-term Chicago Apartments
What is the Cheapest Short-term apartment in Chicago?
Currently the most affordable Short-term Apartment in Chicago is at 5445 Ingleside By 3L Living listed at $684.
How much is the average rent for a Short-term Chicago Apartment?
The average rent for a Short-term Apartment in Chicago is $2,911.
What is the largest Short-term Chicago Apartment for rent?
Today's Short-term apartment with the most square footage in Chicago is a 2,267 square feet unit starting from $2,894 at State and Grand.
What is the average size for Chicago Short-term Apartments for rent?
The average size for a Short-term rental in Chicago is currently at 571 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.