
Apartments for Rent in Chicago, IL Under $5,500 (6,410 Rentals) Page 75 of 100


2501 Southport Ave

1824 W Augusta Blvd

Harris Point Chicago

10515 S Hale Ave

Kinzie Station East Tower

2121-2125 W Irving Park Rd

Rockwell Commons

3300 W Lawrence Ave

1728 W. Division

Harris Point Chicago

8124 S Western Ave. Chicago IL

5310-5312 S Dorchester Ave

3512 N Halsted

5751 N Winthrop Ave

2230 N Orchard

909 N Leavitt

910 Michigan Ave #608

5237-5245 S. Kenwood Avenue

2516-2526 N Kedzie Blvd

2828 N. Pine Grove

2150 W Lawrence Ave

209 North Morgan St

1545 W. North Ave.

Barry Quad

3223 N Sheffield

Arkadia West Loop

AMLI 900

2531 N Clark St

734-742 W Oakdale Ave

The Van Morgan

3720 N. Ashland Avenue

The Belmont by Reside Flats

The Bernardin

Maynard at 3508 North Sacramento

#1310 - The Villages of Eastlake

622-26 W. Roscoe

Harris Point Chicago

5535 S. Kimbark Avenue

Urban Equities Rogers Park Apartments

1424 W Winona St

4444 W 59th St

MODE Lakeview

1106 Newport

Commonwealth

Luxe on Chicago

Reside on Irving Park

Moment

1510 W Division St

The Jarvis on Ashland
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 | $2,030 | $595 | $4,840 |
| Chicago 1 Bedroom Apartments Under $5500 | $2,469 | $640 | $9,987 |
| Chicago 2 Bedroom Apartments Under $5500 | $3,020 | $762 | $10,000+ |
| Chicago 3 Bedroom Apartments Under $5500 | $3,681 | $883 | $10,000+ |
| Chicago 4 Bedroom Apartments Under $5500 | $3,556 | $924 | $10,000+ |
| Chicago 5 Bedroom Apartments | $6,130 | $1,995 | $10,000+ |
| Chicago 6 Bedroom Apartments | $7,674 | $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 $4,840 with an average price of $2,030.
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 $2,469.
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 $18,797. Today's average rental price for Two Bedrooms here is $3,020.
How expensive are Chicago Three Bedroom Apartments?
There are currently 5,003 Three Bedroom Apartments listings available in Chicago on ApartmentHomeLiving.com. The pricing ranges from $883 to $38,481 - averaging $3,681 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.