
Cheap Homes for Rent in the Central Chicago Neighborhood of Chicago, IL from $1,100 (73 Rentals) Page 2 of 2
Search the lowest-cost Homes available for rent right now in the Central Chicago area of Chicago.


1307 S Wabash Ave, Unit 305

701 S Wells St, Unit 803

1307 S Wabash Ave

701 S Wells St, Unit 803

701 S Wells St

680 S Federal St
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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1345 S Wabash Ave

1801 S MICHIGAN Ave

1464 S Michigan Ave, Unit 1008

721 S Clark St

1845 S Michigan Ave

547 S Clark St

7 N State St
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

1139 S Michigan Ave

834 N La Salle St

1212 S Michigan Ave, Unit 2109

851 S Clark St

1918 S Michigan Ave, Unit 202

22 N State St, Unit 43c

75 N Dearborn 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.

20 N State St

235 W Van Buren St
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 | $3,396 | $2,000 | $5,700 |
| Central Chicago 3 Bedroom Homes for Rent | $4,975 | $1,850 | $10,000+ |
| Central Chicago 4 Bedroom Homes for Rent | $3,534 | $1,160 | $6,300 |
Browse Homes for Rent in this Neighborhood
There are currently 73 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 186 Apartments for Rent in Central Chicago, IL with pricing that ranges from $1,024 to $18,223. There are also 253 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Chicago ranging from $1,160 to $13,050.
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 $1,160 to $13,050 with an average monthly rent of $2,876.
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 $1,024 to $14,280, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $13,050. Four Bedroom Single-Family rentals are also available starting from $1,160 and Four Bedroom Apartments start at $1,025.
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
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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
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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
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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

Rent According to Income: A Look at Income-Restricted Rentals
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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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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
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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
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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.