Apartments for Rent in Chicago, IL Under $700 (75 Rentals)

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7903 S Rhodes Ave
1 to 2 Bedroom Apartments

7903 S Rhodes Ave

7903 S Rhodes AveChicago, IL 60619
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319 E 79th
1 Bedroom Apartments

319 E 79th

319-325 E 79th StChicago, IL 60619
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Devonshire Apartments
Studio to 1 Bedroom Apartments

Devonshire Apartments

7260 S South Shore DrChicago, IL 60649
  • Utilities Included

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

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Shore View Apartments
Studio to 2 Bedroom Apartments

Shore View Apartments

7636 S South Shore DrChicago, IL 60649
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8100 S Justine St
1 to 2 Bedroom Apartments

8100 S Justine St

8100 S Justine StChicago, IL 60620
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Garfield Apartments
Studio to 1 Bedroom Apartments

Garfield Apartments

4342 W Washington BlvdChicago, IL 60624
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7517 S. Coles
Studio to 1 Bedroom Apartments

7517 S. Coles

7515-7525 S Coles AveChicago, IL 60649
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4735-4737 N Malden St
Studio to 1 Bedroom Apartments

4735-4737 N Malden St

4735-4737 N Malden StChicago, IL 60640
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Wilson Apartments
Studio Apartments

Wilson Apartments

4554 N Malden StChicago, IL 60640
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5651 N Christiana Ave
Studio to 2 Bedroom Apartments

5651 N Christiana Ave

5651 N Christiana AveChicago, IL 60659
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The Doral
Studio to 1 Bedroom Apartments

The Doral

7616 S South Shore DrChicago, IL 60649
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8232 S Drexel Ave
Studio to 2 Bedroom Apartments

8232 S Drexel Ave

8232 S Drexel AveChicago, IL 60619
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Ridge-Magnolia
Studio to 1 Bedroom Apartments

Ridge-Magnolia

5643-5655 N Ridge AveChicago, IL 60660
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Oglesby Arms
Studio to 1 Bedroom Apartments

Oglesby Arms

6826 S Oglesby AveChicago, IL 60649
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6945 S Crandon Ave
Studio to 2 Bedroom Apartments

6945 S Crandon Ave

6945 S Crandon AveChicago, IL 60649
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7451 S Vernon Ave
Studio to 2 Bedroom Apartments

7451 S Vernon Ave

7451 S Vernon AveChicago, IL 60619
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7908 S Prairie Ave
Studio to 1 Bedroom Apartments

7908 S Prairie Ave

7908 S Prairie AveChicago, IL 60619
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7201 S Western Ave
Studio to 2 Bedroom Apartments

7201 S Western Ave

7201-7203 S Western AveChicago, IL 60636
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7808 Southshore
Studio to 2 Bedroom Apartments

7808 Southshore

7808 S South Shore DrChicago, IL 60649

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

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6838 S Jeffery Blvd
Studio to 2 Bedroom Apartments

6838 S Jeffery Blvd

6838 S Jeffery BlvdChicago, IL 60649
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6314 S Troy St
Studio to 1 Bedroom Apartments

6314 S Troy St

6314 S Troy StChicago, IL 60629
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7256 S Rhodes Ave
Studio to 2 Bedroom Apartments

7256 S Rhodes Ave

7256 S Rhodes AveChicago, IL 60619
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7948-7958 S Ingleside Ave
Studio to 2 Bedroom Apartments

7948-7958 S Ingleside Ave

7948-7958 S Ingleside AveChicago, IL 60619
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7945-7955 S. Drexel Ave.
Studio to 2 Bedroom Apartments

7945-7955 S. Drexel Ave.

7945-7955 S Drexel AveChicago, IL 60619
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7622 N Sheridan Rd
Studio Apartments

7622 N Sheridan Rd

7622 N Sheridan RdChicago, IL 60626
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7241-7255 S Constance Ave
Studio to 2 Bedroom Apartments

7241-7255 S Constance Ave

7241-7255 S Constance AveChicago, IL 60649
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Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

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6739 S Jeffery Blvd
Studio to 1 Bedroom Apartments

6739 S Jeffery Blvd

6739 S Jeffery BlvdChicago, IL 60649
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8051-8053 S King Dr
Studio to 3 Bedroom Apartments

8051-8053 S King Dr

8051-8053 S King DrChicago, IL 60619
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741-53 E 79th St
Studio to 1 Bedroom Apartments

741-53 E 79th St

741-753 E 79th StChicago, IL 60619
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6957 S Michigan Ave
Studio to 2 Bedroom Apartments

6957 S Michigan Ave

6957 S Michigan AveChicago, IL 60637
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11000 S Michigan Ave
Studio to 2 Bedroom Apartments

11000 S Michigan Ave

11000 S Michigan AveChicago, IL 60628
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Canvas at Leland Plaza
Studio to 2 Bedroom Apartments

Canvas at Leland Plaza

4713 N Western AveChicago, IL 60625
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5401 S Ellis Ave
Studio to 3 Bedroom Apartments

5401 S Ellis Ave

5401 S Ellis AveChicago, IL 60615
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Chicago, IL Local Guide

A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Chicago, IL Rentals by Map

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See the most popular apartments and homes in Chicago, IL

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Chicago, IL Area Reviews

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Nicole • 4+ years in Chicago

April 10, 2026

Big 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 8,233 Studio Apartments in Chicago with rent ranges from $595 to $9,999 with an average price of $2,080.

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 $9,075 with an average monthly rent of $2,483.

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 $15,212. Today's average rental price for Two Bedrooms here is $3,084.

How expensive are Chicago Three Bedroom Apartments?

There are currently 5,040 Three Bedroom Apartments listings available in Chicago on ApartmentHomeLiving.com. The pricing ranges from $883 to $38,481 - averaging $3,723 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

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The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Written by: Nicole Harms

When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Written by: Nicole Harms

I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

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Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Written by: Nicole Harms

Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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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

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.

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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.