
Apartments for Rent in Chicago, IL Under $5,500 (6,421 Rentals) Page 48 of 100


1621 W 13th St

1432 W Farragut Ave, Unit 3A

2338 N Milwaukee Ave

Total Monthly Price
311 W Illinois St, Unit SI FL11-ID1049

Total Monthly Price
720 S Wells St, Unit SI ID1310542P

Total Monthly Price
210 N Wells St, Unit SI FL19-ID701

2328 W Washington Blvd

1320 S Ashland Ave

1822 N Campbell Ave, Unit 2

927 W Irving Park Rd, Unit 205

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500 N Lake Shore Dr, Unit SI FL15-ID1022

Total Monthly Price
450 W Belmont Ave, Unit SI FL4-ID986

Total Monthly Price
225 N Columbus Dr, Unit SI FL24-ID1195

718 W Gordon

4409 N Seeley Ave, Unit 3B

3212 S Wallace St

1777 W Altgeld St

1520 W Superior St, Unit 2

3147 S Morgan St

2251 W North Ave, Unit 1F

2863 W Belden Ave

1846 N Mozart St

1055 W Pratt Blvd

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505 N State St, Unit SI FL31-ID1094

57 E 14th St, Unit 5

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637 N Wells St, Unit SI FL24-ID1194

Total Monthly Price
445 E Ohio St, Unit SI FL40-ID407

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225 N Columbus Dr, Unit SI FL23-ID1197

2230 W Wilson Ave, Unit 2

2548 W Logan Blvd

3233 W Berteau Ave

2230 W Wilson Ave

3722 N Magnolia Ave

1222 W Madison St, Unit 202

Total Monthly Price
8 E Huron St, Unit SI FL11-ID125

1519 W Superior St

Total Monthly Price
906 N Damen Ave, Unit SI FL2-ID1379014P

5126 S Greenwood Ave

1756 W Montrose Ave, Unit 1

822 W Roscoe St

1542 W Rosemont Ave

3630 N Hermitage Ave

3225 S Halsted St

2656 N Hamlin Ave, Unit 2S

817 N Milwaukee Ave

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108 W Chicago Ave, Unit SI FL6-ID361

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3446 N Ozark Ave, Unit SI FL2-ID1366969P

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1 E Delaware Pl, Unit SI FL9-ID1360

1819 S Laflin St, Unit 2nd Floor
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.