
Cheap Homes for Rent in Central Chicago Neighborhood of Chicago, IL from $1,200 (55 Rentals) Page 2 of 2
Search the lowest-cost Homes available for rent right now in the Central Chicago area of Chicago.


212 W Washington St
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.

701 S Wells St

1910 S Indiana Ave
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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!

1910 S Indiana Ave, Unit 1910 S Indiana Ave #620
Central Chicago, Chicago, IL Local Guide

How much does it cost to rent a home in Central Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Chicago 2 Bedroom Homes for Rent | $3,394 | $2,000 | $4,541 |
| Central Chicago 3 Bedroom Homes for Rent | $4,929 | $3,275 | $6,750 |
| Central Chicago 4 Bedroom Homes for Rent | $5,692 | $1,210 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 55 rentals with your search options within a 2 mile radius of the Central Chicago Neighborhood of Chicago, IL.
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Frequently Asked Questions about Central Chicago
What type of rentals are currently available in Central Chicago?
There are currently 188 Apartments for Rent in Central Chicago, IL with pricing that ranges from $924 to $11,055. There are also 221 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Chicago ranging from $1,210 to $10,000.
What is the current price range for Rental Homes in Central Chicago?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Chicago ranges from $1,210 to $10,000 with an average monthly rent of $3,739.
How much are larger Three and Four Bedroom Rentals in Central Chicago?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Central Chicago range from $989 to $11,055, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,275 to $6,750. Four Bedroom Single-Family rentals are also available starting from $1,210 and Four Bedroom Apartments start at $924.
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

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.

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.

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.

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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.