
Cheap Apartments for Rent in the Chinatown Neighborhood of Chicago, IL from $1,000 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Chinatown area of Chicago.


1948 S Desplaines St, Unit 1
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.
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.
Chinatown, Chicago, IL Local Guide

How much does it cost to rent an apartment in Chinatown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Chinatown Studio Apartments | $2,864 | $2,090 | $4,214 |
Chinatown 1 Bedroom Apartments | $3,416 | $1,150 | $5,618 |
Chinatown 2 Bedroom Apartments | $2,540 | $1,600 | $6,010 |
Chinatown 3 Bedroom Apartments | $3,443 | $2,100 | $8,558 |
Chinatown 4 Bedroom Apartments | $1,608 | $1,025 | $3,200 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Chinatown Neighborhood of Chicago, IL.
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Cheapest Available Chinatown Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
561 W 18th St | Garden Apartment Util Included 1bd 1 bath | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Chinatown, IL
As of June 19, 2025 the best value apartment in the Chinatown area is the $1.82 price per square foot 240 W 24th St Model at 240 W 24th St, Unit 2F in the in the Near South Side neighborhood starting from $1,640. The second greatest value Chinatown apartment is the Garden Apartment Util Included 1bd 1 bath Model at 561 W 18th St starting at $1,150 with a $2.88 price per square foot in the South Loop neighborhood. Here is today’s list of the best values for Chinatown apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
240 W 24th St, Unit 2F | 240 W 24th St | 2BR,1BA | $1.82 |
561 W 18th St | Garden Apartment Util Included 1bd 1 bath | 1BR,1BA | $2.88 |
Getting Around the Chinatown Neighborhood in Chicago, IL
Walk Score®
95 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
84 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
75 / 100
Excellent Transit
Transit is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Chinatown Apartments
How much is rent for a Cheap One Bedroom Chinatown Apartment?
The lowest price for a Cheap One Bedroom Chinatown Apartment is $1,150 at 561 W 18th St.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.