
Apartments for Rent in Chicago, IL Under $5,500 (6,429 Rentals) Page 66 of 100


4278 N Hazel St, Unit 4278 N Hazel

3710 N Pine Grove Ave, Unit 4

9613 S Ave N, Unit 2

7636 S Drexel Ave, Unit 2

7219 S Langley Ave

Total Monthly Price
61 W Erie St, Unit SI FL3-ID1400

207 N Parkside Ave, Unit G

1102 N Central Ave, Unit 2

2010 W Cornelia Ave, Unit Grdn

7043 S East End Ave, Unit 2A

1251 N Clybourn Ave

3711 E 98th St

6235 W Wabansia Ave

227 W 112th Pl

1383 W Greenleaf Ave

915 W 32nd St

4901 W Cullom Ave

5135 W Windsor Ave

4816 N Springfield Ave

3418 W McLean Ave, Unit Top

3406 W Carmen Ave, Unit 1B

254 W 31st St, Unit 2F

4054 W Dickens Ave

9040 S Dauphin Ave

9025 S Carpenter St

5031 N Harding Ave, Unit 1E

6118 N Sheridan Rd

1237 West Chase

7653 S Kingston Ave

2303 W Cullerton St

6559 S Mozart St, Unit 1S

2536 W Thorndale Ave

6660 N Damen Ave

4236 W Nelson St

2345 S Whipple St

368 E 59th St, Unit 3

1911 S Ridgeway Ave

2951 W 25th St

7125 S Ellis Ave

6525 S Evans Ave, Unit 1

3056 W Irving Park Rd

4749 S Keeler Ave

8225 S Ingleside Ave

411 N Hamlin Ave

6422 S Rhodes Ave

7456 S Stewart Ave

2704 E 77th St

6314 S Artesian Ave

4056 W Crystal St
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 | $2,031 | $595 | $5,465 |
| Chicago 1 Bedroom Apartments Under $5500 | $2,476 | $640 | $9,987 |
| Chicago 2 Bedroom Apartments Under $5500 | $3,061 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments Under $5500 | $3,778 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments Under $5500 | $4,062 | $924 | $10,000+ |
| Chicago 5 Bedroom Apartments | $7,612 | $1,995 | $10,000+ |
| Chicago 6 Bedroom Apartments | $7,668 | $6,700 | $10,000+ |
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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 8,305 Studio Apartments in Chicago with rent ranges from $595 to $5,465 with an average price of $2,031.
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 $19,084. Today's average rental price for Two Bedrooms here is $3,061.
How expensive are Chicago Three Bedroom Apartments?
There are currently 5,021 Three Bedroom Apartments listings available in Chicago on ApartmentHomeLiving.com. The pricing ranges from $883 to $38,481 - averaging $3,778 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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.