
Apartments for Rent in Chicago, IL Under $5,500 (6,421 Rentals) Page 44 of 100


Total Monthly Price
2843 S Kildare Ave

5401 Cornell by 3L Living

Midway

Shorewind Apartments

7300 Venture Apartments

Jeffery Parkway Apartments

South Shore Beach Apartments

The Boulevard at OC Living

The Buckingham Student Living

8152 S Evans

5957 W Madison

The Townhouse Apartments

KLEO Art Residences

Total Monthly Price
2014 S Ashland Ave

Total Monthly Price
2116 East 69th Street, Unit 2

8259 S Loomis Blvd

8222 S Ingleside

Washington Plaza

6751 S Jeffery

Total Monthly Price
1316 W Sunnyside Ave, Unit S7

824 E 53rd St

12157 S Michigan Ave

8702 S Escanaba Ave

7701 S Stewart

8201 S Ada St

Hyde Park Beach

Total Monthly Price
4408 S Kilpatrick Ave, Unit Garden Appt

808 W 76th

5748 Blackstone By 3L Living

5540 Hyde Park by 3L Living

1155 W 83rd St

Highlands Tudor Manor - 55+ Community

Lakeside 6241

Total Monthly Price
1415 E 52nd St

5445 Ingleside By 3L Living

6246 S. King Dr.

Stephen's Commons- Senior Living-Age 62+

Total Monthly Price
2415 W Arthington St

1350 W Randolph St, Unit 1113

Total Monthly Price
555 W Jackson Blvd, Unit GO ID1504154P

3301 N Sheffield Ave, Unit 402

1835 N Bissell St

Total Monthly Price
450 W Belmont Ave, Unit SI FL9-ID985

6044 N Winthrop Ave

Total Monthly Price
801 S Western Ave, Unit SI ID1497736P

1356 W Randolph St, Unit 2003

2746 N Ashland Ave

359 W Chicago Ave

Total Monthly Price
1418 N Talman Ave, Unit SI ID1026698P
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 | $2,033 | $595 | $5,483 |
| Chicago 1 Bedroom Apartments Under $5500 | $2,476 | $640 | $9,987 |
| Chicago 2 Bedroom Apartments Under $5500 | $3,063 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments Under $5500 | $3,757 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments Under $5500 | $3,994 | $924 | $10,000+ |
| Chicago 5 Bedroom Apartments | $7,544 | $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 8,300 Studio Apartments in Chicago with rent ranges from $595 to $5,483 with an average price of $2,033.
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 $19,184. Today's average rental price for Two Bedrooms here is $3,063.
How expensive are Chicago Three Bedroom Apartments?
There are currently 5,010 Three Bedroom Apartments listings available in Chicago on ApartmentHomeLiving.com. The pricing ranges from $883 to $38,481 - averaging $3,757 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.