
Apartments for Rent in Chicago, IL Under $5,500 (6,425 Rentals) Page 52 of 100


Total Monthly Price
150 N Ashland Ave, Unit SI FL4-ID1058

5310 S Harper Ave, Unit 2S

6141 S Greenwood Ave, Unit 1

415 W Armitage Ave

3602 N Oakley Ave

259 W Alexander St, Unit 3

3717 N Wayne Ave

3414 N Seeley Ave

2449 N Maplewood Ave

1904 N Burling St

859 N Hoyne Ave

1032 W Oakdale Ave

1813 N Milwaukee Ave

5602 S Dorchester Ave

10226 S Charles St

Total Monthly Price
6149 N Broadway, Unit SI FL4-ID1272

2344 N Oakley Ave

2280 N Clybourn Ave, Unit 1

1710 W Belmont Ave

513 S Damen Ave, Unit 2009

Total Monthly Price
1035 W Van Buren St, Unit SI FL10-ID522

Barry Apartments

Total Monthly Price
330 S Wells St, Unit SI FL15-ID670

1546 N Homan Ave.

Total Monthly Price
808 W Van Buren St, Unit SI FL7-ID539

1521 W Barry Ave

1058 N Central Park Ave

3216 S Morgan St

Total Monthly Price
2814 W 21st Pl, Unit SI ID1508016P

1529 N Fremont St, Unit 409

1529 N Fremont St, Unit 411

513 S Damen Ave, Unit 1312

1529 N Fremont St, Unit 309

1529 N Fremont St, Unit 310

4749 S Prairie Ave

830 W Altgeld St, Unit #1f

1529 N Fremont St, Unit 217

903 W 19th St

3802 N Hermitage Ave

2510 N Willetts Ct

944 W Grace St

1572 N Milwaukee Ave

2702 W Cortland St

3443 N Halsted St

6638 N Glenwood Ave

Total Monthly Price
445 E Ohio St, Unit SI FL26-ID410

Total Monthly Price
535 N St Clair St, Unit SI FL8-ID1149

513 S Damen Ave, Unit 1906

Total Monthly Price
165 N Desplaines St, Unit SI FL5-ID1180
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.