
Apartments for Rent in Chicago, IL Under $5,500 (6,425 Rentals) Page 51 of 100


513 S Damen Ave, Unit 1205

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808 W Van Buren St, Unit SI FL7-ID533

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411 W Chicago Ave, Unit SI FL4-ID1036

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740 N Aberdeen St, Unit SI FL11-ID1086

3049 N Avers Ave

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340 E North Water St, Unit SI FL42-ID998

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637 N Wells St, Unit SI FL22-ID1192

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60 E Randolph St, Unit SI FL8-ID1372

4029 South Calumet Avenue

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445 E Ohio St, Unit SI FL31-ID450

1644 N California Ave

2854 W Farragut Ave, Unit 1st Floor

2239 W Cornelia Ave

2520 N St Louis Ave

2247 W Estes Ave

3839 N Greenview Ave, Unit 1W

513 S Damen Ave, Unit 401

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676 N La Salle Dr, Unit SI FL3-ID440

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1000 S Michigan Ave, Unit SI FL12-ID1348

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2339 N California Ave, Unit SI FL1-ID1032031P

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60 E Randolph St, Unit SI FL9-ID1371

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2207 W 18th St, Unit SI ID1244930P

2128 N Whipple St, Unit 1N

2613 N Halsted St

3001 W Cermak Rd

831 W Wrightwood Ave

1221 N Honore St

1250 S Indiana Ave

1308 W Rosemont Ave

2280 N Clybourn Ave, Unit 1

347 W Chestnut St, Unit 911

4013 N Pulaski Rd

347 W Chestnut St, Unit 711

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1210 S Indiana Ave, Unit PL FL11-ID1317

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150 N Ashland Ave, Unit SI FL3-ID1061

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601 W Jackson Blvd, Unit SI FL6-ID1340

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1035 W Van Buren St, Unit SI FL12-ID435

846 N Ashland Ave, Unit 1R

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1454 W Randolph St, Unit SI FL8-ID1305

4634 S Langley Ave

1380 W Randolph St, Unit 813

3300 N Racine Ave

3709 N Bosworth Ave

2241 W 21st St

347 W Chestnut St, Unit 1313

837 N Wolcott Ave

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6149 N Broadway, Unit SI FL5-ID1273

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601 W Jackson Blvd, Unit SI FL12-ID1339

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1900 W 17th St, Unit SI ID1244928P
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 5,024 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.