
Apartments for Rent in Chicago, IL Under $5,500 (6,408 Rentals) Page 37 of 100


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5608 N Marmora Ave, Unit 1

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4023 S Francisco Ave, Unit 1

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706 S Laflin St, Unit 2f

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1321 W Thorndale Ave, Unit 1 Garden

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4725 S Western Blvd, Unit Garden floor.

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7925 S Vernon Ave, Unit 3

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650 W 61st St, Unit 1st floor

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4450 S Homan Ave, Unit 1

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7512 S Calumet Ave, Unit 2nd Floor

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5329 N Central Ave, Unit 1

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605 N Monticello Ave, Unit 2

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6208 W Wrightwood Ave, Unit Large studio

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735 N Christiana Ave, Unit 2R

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3328 W Chicago Ave, Unit 2R

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152 E 107th St, Unit 2W

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4857 N Damen Ave

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2226 W Wilson Ave, Unit J01W

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2849 N Burling, Unit 303

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2844 N Burling St, Unit 303

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1320 N Dearborn St, Unit 213

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4542 N Damen Ave, Unit A03C

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4853 N Damen Ave

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4747 N Hermitage Ave

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2825 N Burling St, Unit 2827 North BURLING, #303

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6023 N Kenmore Ave, Unit 1

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731 N Christiana Ave, Unit 1F

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1329 W Wilson Ave, Unit 607

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2825 N Burling St, Unit #303

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512 W Arlington Pl, Unit #107

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556 W Arlington Pl

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2733 N Milwaukee Ave, Unit S

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563 W Arlington Plz, Unit 215

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3423 W Drummond Pl, Unit 2B

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6968 N Sheridan Rd, Unit ONE BEDROOM - AA

1040 Hollywood

South Shore Manor

1164 N Dearborn

18 E. Elm

Sheridan Tower - 5650 N Sheridan Rd

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3130 N. Lake Shore Drive

Reside on Clarendon

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1553 W Hollywood Ave

East Park Tower

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909 W Dakin St, Unit J01W

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535 W Arlington Pl, Unit A00C

Green Manor

The Onyx on North Shore

Twin Towers Apartments

Grace Shores
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 $5500 | $2,030 | $450 | $5,495 |
| Chicago 1 Bedroom Apartments Under $5500 | $2,476 | $640 | $9,987 |
| Chicago 2 Bedroom Apartments Under $5500 | $3,072 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments Under $5500 | $3,745 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments Under $5500 | $4,030 | $924 | $10,000+ |
| Chicago 5 Bedroom Apartments | $7,493 | $1,995 | $10,000+ |
| Chicago 6 Bedroom Apartments | $7,666 | $6,700 | $10,000+ |
Browse Top Apartments in Chicago
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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 Chicago
How much are Studio apartments in Chicago?
There are currently 8,292 Studio Apartments in Chicago with rent ranges from $450 to $5,495 with an average price of $2,030.
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 $640 to $9,987 with an average monthly rent of $2,476.
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 $19,143. Today's average rental price for Two Bedrooms here is $3,072.
How expensive are Chicago Three Bedroom Apartments?
There are currently 5,009 Three Bedroom Apartments listings available in Chicago on ApartmentHomeLiving.com. The pricing ranges from $883 to $38,481 - averaging $3,745 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.