Apartments for Rent in Chicago, IL Under $700 (80 Rentals)

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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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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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Shore View Apartments
Studio to 2 Bedroom Apartments

Shore View Apartments

7636 S South Shore DrChicago, IL 60649
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Devonshire Apartments
Studio to 1 Bedroom Apartments

Devonshire Apartments

7260 S South Shore DrChicago, IL 60649
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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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Wilson Apartments
Studio Apartments

Wilson Apartments

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

5651 N Christiana Ave

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

The Doral

7616 S South Shore DrChicago, IL 60649
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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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7908 S Prairie Ave
Studio to 1 Bedroom Apartments

7908 S Prairie Ave

7908 S Prairie AveChicago, IL 60619

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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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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963 E 84th St
Studio to 2 Bedroom Apartments

963 E 84th St

963 E 84th StChicago, 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
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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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7451 S Vernon Ave
Studio to 2 Bedroom Apartments

7451 S Vernon Ave

7451 S Vernon AveChicago, IL 60619
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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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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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1536 E. 83rd Place
Studio to 1 Bedroom Apartments

1536 E. 83rd Place

1536 E 83rd PlChicago, IL 60619
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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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

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 8,346 Studio Apartments in Chicago with rent ranges from $550 to $10,150 with an average price of $1,947.

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 $520 to $11,280 with an average monthly rent of $2,505.

What does renting a Two Bedroom Apartment in Chicago cost?

The monthly rent prices of Two Bedroom Apartments currently available in Chicago range from $850 to $18,797. Today's average rental price for Two Bedrooms here is $3,136.

How expensive are Chicago Three Bedroom Apartments?

There are currently 5,012 Three Bedroom Apartments listings available in Chicago on ApartmentHomeLiving.com. The pricing ranges from $883 to $38,481 - averaging $3,868 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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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.

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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.

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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.

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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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.