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$1,700Studio Apartments Available Oct 5
30 East Roosevelt
30 E Roosevelt RdChicago, IL 60605
Cheap Studio Apartments for Rent in the Central Chicago Neighborhood of Chicago, IL from $1,700 (52 Rentals)
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$1,750 - $1,795Studio Apartments Available Sep 1
Pittsfield Apartments
55 E Washington StChicago, IL 60602
1171 S Michigan Ave
ChicagoIL60605
1218 S Michigan Ave
ChicagoIL60605
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$1,854 - $2,579Studio Apartments Available Now
Park Michigan - 1212 S Michigan Ave
1212 S Michigan AveChicago, IL 60605
1212 S Michigan Ave, Unit 1505
1212 S Michigan Ave
ChicagoIL60605
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$1,935 - $2,415Studio Apartments Available Now
330 S. Wells St
330 S Wells StChicago, IL 60606
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$1,969 - $2,320Studio Apartments Available Now
Bellwether Residences
79 W Monroe StChicago, IL 60603
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$1,972 - $2,177Studio Apartments Available Oct 4
Eleven40
1140 So Wabash AveChicago, IL 60605
1212 S Michigan Ave, Unit 1703
1212 S Michigan Ave
ChicagoIL60605
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.
1212 S Michigan Ave, Unit 1603
1212 S Michigan Ave
ChicagoIL60605
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$1,979 - $2,099Studio Apartments Available Now
Astoria Tower
8 E 9th StChicago, IL 60605
1212 S Michigan Ave, Unit 2003
1212 S Michigan Ave
ChicagoIL60605
1212 S Michigan Ave, Unit 2605
1212 S Michigan Ave
ChicagoIL60605
871 S Clark St
ChicagoIL60605
130 N Garland Ct
ChicagoIL60602
630 S Clark St, Unit 3711
630 S Clark St
ChicagoIL60605
1400 S Michigan Ave, Unit 27G
1400 S Michigan Ave
ChicagoIL60605
713 S Clark St
ChicagoIL60605
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$2,005 - $2,020Studio Apartments Available Sep 2
777 South State
2 E 8th StChicago, IL 60605
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.
712 S Clark St
ChicagoIL60605
910 S Clark St
ChicagoIL60605
1212 S Michigan Ave, Unit 2703
1212 S Michigan Ave
ChicagoIL60605
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$2,030 - $2,085Studio Apartments Available Sep 5
The Alfred
30 E Adams StChicago, IL 60603
1212 S Michigan Ave, Unit 2805
1212 S Michigan Ave
ChicagoIL60605
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$2,054 - $2,530
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Studio Apartments Available Sep 28Total Monthly Price
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$2,054 - $5,635
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Coeval
51 E 14th StChicago, IL 60605
38 E Adams St
ChicagoIL60603
48 E 14th St
ChicagoIL60605
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$2,140
Total Monthly Price
Studio Apartments Available Nov 16Total Monthly Price
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$2,140
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$2,140
1000 S Michigan Ave, Unit SI FL25-ID1349
1000 S Michigan AveChicago, IL 60605
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$2,140 - $2,541
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Studio Apartments Contact Us For AvailabilityTotal Monthly Price
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$2,140 - $7,568
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1400 Wabash
1400 S Wabash AveChicago, IL 60605
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!
899 S Clark St
ChicagoIL60605
643 S Clark St, Unit 0911
643 S Clark St
ChicagoIL60605
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$2,169 - $2,480Studio Apartments Available Aug 28
Millennium on LaSalle
29 S La Salle StChicago, IL 60603
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$2,203 - $2,248Studio Apartments Available Now
The Grand Central
221 W Harrison StChicago, IL 60607
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$2,211 - $2,397Studio Apartments Available Now
The Elle Apartments
801 S Financial PlChicago, IL 60605
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$2,226 - $2,744Studio Apartments Available Aug 21
215 West Apartments
215 W Washington StChicago, IL 60606
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$2,230 - $2,250Studio Apartments Available Sep 8
River City Apartments
800 S Wells StChicago, IL 60607
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$2,230 - $2,399Studio Apartments Available Aug 24
1407 on Michigan
1407 S Michigan AveChicago, IL 60605
721 S Clark St
ChicagoIL60605
7 N State St
ChicagoIL60602
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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$2,290 - $5,201
Total Monthly Price
Studio Apartments Available Aug 28Total Monthly Price
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$2,370 - $9,689
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1001 South State
1001 S State StChicago, IL 60605
1212 S Michigan Ave, Unit 2109
1212 S Michigan Ave
ChicagoIL60605
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$2,299 - $2,849Studio Apartments Available Now
626 on the Park
626 S Wabash AveChicago, IL 60605
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$2,299 - $2,457Studio Apartments Available Now
Straits Row
633 S La Salle StChicago, IL 60605
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Studio Apartments
1251 S Michigan - Senior Living
1251 S Michigan AveChicago, IL 60605
640 S Federal St
ChicagoIL60605
740 S Federal St
ChicagoIL60605
1194 S Michigan Ave
ChicagoIL60605
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Studio Apartments
ELEVEN THIRTY
1130 S Michigan AveChicago, IL 60605
899 S Plymouth Ct, Unit 1602
899 S Plymouth Ct
ChicagoIL60605
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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Central Chicago, Chicago, IL Local Guide
How much does it cost to rent an apartment in Central Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
Central Chicago Studio Apartments | $2,560 | $1,700 | $6,537 |
| Central Chicago 1 Bedroom Apartments | $2,938 | $1,750 | $8,993 |
| Central Chicago 2 Bedroom Apartments | $4,009 | $1,819 | $10,000+ |
| Central Chicago 3 Bedroom Apartments | $4,993 | $1,024 | $10,000+ |
| Central Chicago 4 Bedroom Apartments | $2,711 | $1,025 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 52 rentals with your search options within a 2 mile radius of the Central Chicago Neighborhood of Chicago, IL.
See all Apartments in ChicagoExplore Chicago
Central Chicago, Chicago, IL Local Guide
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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
Read ArticleA 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
Read ArticleReal 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
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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 LifestyleCentral Chicago, Chicago, IL
Ranked #28
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $2,199.
What is the price of a cheap apartment in Central Chicago?
The cheapest apartment in Central Chicago is ELEVEN THIRTY which is listed at $1,817, while the average apartment in Central Chicago costs $2,724.
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 26 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 $437 which is $2,287 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
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.
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.
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.
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
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.
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.
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.
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.