Cheap 1 Bedroom Apartments for Rent in the Central Chicago Neighborhood of Chicago, IL from $1,750 (63 Rentals)

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30 East Roosevelt
$1,750 - $1,850
Total Monthly Price

Total Monthly Price

Base Rent
$1,690 - $2,040
Required Monthly Fees
$60

Total Monthly Price
$1,750 - $2,100
1 Bedroom Apartments Available Now

30 East Roosevelt

30 E Roosevelt RdChicago, IL 60605
Affordability
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  • 3D Tour
property at 8 W Monroe St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

1 Bedroom, 1 Bath Condo for Rent

Available Now

8 W Monroe St, Unit 810

8 W Monroe St
ChicagoIL60603
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The Regal Apartments
$1,989
Total Monthly Price

Total Monthly Price

Base Rent
$1,939 - $4,083
Required Monthly Fees
$50

Total Monthly Price
$1,989 - $4,133
1 Bedroom Apartments Available Now

The Regal Apartments

651 S Wells StChicago, IL 60607
Affordability
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  • Customer Reviewed
  • 3D Tour
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1400 Wabash
$2,015 - $2,479
Total Monthly Price

Total Monthly Price

Base Rent
$1,882 - $7,368
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

1400 Wabash

1400 S Wabash AveChicago, IL 60605
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Coeval
Rent Specials
$2,098 - $3,810
Total Monthly Price

Total Monthly Price

Base Rent
$1,770 - $5,451
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Coeval

51 E 14th StChicago, IL 60605
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 235 W Van Buren St

$2,150 - $2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,150 - $2,600

Total Monthly Price
$2,150 - $2,600

1 Bedroom Condos for Rent

Available Now

235 W Van Buren St

ChicagoIL60607
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Neveseno
$2,157 - $3,257
Total Monthly Price

Total Monthly Price

Base Rent
$1,917 - $8,500
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Neveseno

1717 S Michigan AveChicago, IL 60616
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 800 S Clark St

$2,225 - $2,480

Total Monthly Price

Total Monthly Price

Base Rent
$2,225 - $3,780

Total Monthly Price
$2,225 - $3,780

1 Bedroom Condos for Rent

Available Now

800 S Clark St

ChicagoIL60605
property at 1133 S State St

$2,300 - $2,650

Total Monthly Price

Total Monthly Price

Base Rent
$2,300 - $2,650

Total Monthly Price
$2,300 - $2,650

1 Bedroom Condo for Rent

Available Now

1133 S State St

ChicagoIL60605
property at 22 N State St

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

22 N State St, Unit 43c

22 N State St
ChicagoIL60602
property at 161 W Harrison St

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

161 W Harrison St, Unit 504

161 W Harrison St
ChicagoIL60605

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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1401 S. State
$2,312 - $6,583
Total Monthly Price

Total Monthly Price

Base Rent
$2,152 - $11,675
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Apr 13

1401 S. State

1401 S State StChicago, IL 60605
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 1160 S Michigan Ave

$2,330

Total Monthly Price

Total Monthly Price

Base Rent
$2,330

Total Monthly Price
$2,330

1 Bedroom, 1 Bath Condo for Rent

Available Now

1160 S Michigan Ave, Unit 2901

1160 S Michigan Ave
ChicagoIL60605
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The Elle Apartments
$2,332 - $2,997
Total Monthly Price

Total Monthly Price

Base Rent
$1,968 - $7,574
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

The Elle Apartments

801 S Financial PlChicago, IL 60605
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 1717 S Prairie Ave

$2,350

Total Monthly Price

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350

1 Bedroom, 1 Bath Condo for Rent

Available Now

1717 S Prairie Ave, Unit 1307

1717 S Prairie Ave
ChicagoIL60616
property at 1305 S Michigan Ave

$2,395

Total Monthly Price

Total Monthly Price

Base Rent
$2,395 - $2,995

Total Monthly Price
$2,395 - $2,995

1 Bedroom Condos for Rent

Available Now

1305 S Michigan Ave

ChicagoIL60605
property at 705 S Clark St

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

705 S Clark St, Unit 44G

705 S Clark St
ChicagoIL60605

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!

property at 1111 S Wabash Ave

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

1111 S Wabash Ave, Unit 1605

1111 S Wabash Ave
ChicagoIL60605
property at 1400 S Michigan Ave

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400 - $3,500

Total Monthly Price
$2,400 - $3,500

1 Bedroom Condos for Rent

Available Jun 1

1400 S Michigan Ave

ChicagoIL60605
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180 W. Adams
1 Bedroom Apartments

180 W. Adams

180 W Adams StChicago, IL 60603
Corporate Housing
property at 1255 S State St

$1,800 - $2,750

1 Bedroom Rentals

Available May 1

1255 S State St

ChicagoIL60605

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.

Central Chicago, Chicago, IL Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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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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Pet Friendly Lifestyle
Central Chicago, Chicago, IL

Ranked #27

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Central Chicago Apartments

What is a cheap apartment in Central Chicago?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Chicago is under $2,055.

What is the price of a cheap apartment in Central Chicago?

The cheapest apartment in Central Chicago is 30 East Roosevelt which is listed at $1,750, while the average apartment in Central Chicago costs $4,095.

What types of apartments are the cheapest in Central Chicago?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 39 regular apartments in Central Chicago that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Central Chicago?

Cheap apartments in Central Chicago have an average cost of $879 which is $3,216 cheaper than the average rent for all rentals in Central Chicago.

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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.