
Apartments for Rent in the Central Chicago Neighborhood of Chicago, IL Under $1,500 (9 Rentals)


Private bedroom in 4 bed/2.5 bath Home

Private bedroom in 4 bed/2.5 bath Home
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.
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.
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 | $2,505 | $1,550 | $6,128 |
Central Chicago 1 Bedroom Apartments | $3,052 | $1,738 | $8,670 |
Central Chicago 2 Bedroom Apartments | $4,392 | $1,895 | $10,000+ |
Central Chicago 3 Bedroom Apartments | $6,706 | $1,899 | $10,000+ |
Central Chicago 4 Bedroom Apartments | $3,405 | $1,025 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Central Chicago Neighborhood of Chicago, IL.
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Central Chicago, Chicago, IL Local Guide
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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.
Frequently Asked Questions about Central Chicago
How much are Studio apartments in Central Chicago?
There are currently 58 Studio Apartments in Central Chicago with rent ranges from $1,550 to $6,128 with an average price of $2,505.
What is the current price range for One Bedroom Central Chicago Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Central Chicago ranges from $1,738 to $8,670 with an average monthly rent of $3,052.
What does renting a Two Bedroom Apartment in Central Chicago cost?
The monthly rent prices of Two Bedroom Apartments currently available in Central Chicago range from $1,895 to $20,490. Today's average rental price for Two Bedrooms here is $4,392.
How expensive are Central Chicago Three Bedroom Apartments?
There are currently 59 Three Bedroom Apartments listings available in Central Chicago on ApartmentHomeLiving.com. The pricing ranges from $1,899 to $12,930 - averaging $6,706 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.