Room in Shared 4 bed/2.5 bath home, Unit A
1928 S Young Pkwy
ChicagoIL60616
Cheap Homes for Rent in Chinatown Neighborhood of Chicago, IL from $1,000 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Chinatown area of Chicago.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1901 S Ruble St
ChicagoIL60616
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Chinatown, Chicago, IL Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Chinatown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chinatown 2 Bedroom Homes for Rent | $2,900 | $2,400 | $3,400 |
| Chinatown 3 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
| Chinatown 4 Bedroom Homes for Rent | $1,010 | $1,010 | $1,010 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Chinatown Neighborhood of Chicago, IL.
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Best Value Apartments for Rent in Chinatown, IL
As of May 30, 2026 the best value apartment in the Chinatown area is the $0.93 price per square foot Apartment 3 Bedroom Model at 1935 S Canalport Ave in the in the South Loop neighborhood starting from $1,825. The second greatest value Chinatown apartment is the 241 W 23rd St Model at 241 W 23rd St, Unit Second Floor starting at $1,350 with a $0.78 price per square foot in the Near South Side 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. |
|---|---|---|---|
| 1935 S Canalport Ave | Apartment 3 Bedroom | 3BR,2.5BA | $0.93 |
| 241 W 23rd St, Unit Second Floor | 241 W 23rd St | 1BR,1BA | $0.78 |
| 471 W 26th St, Unit 2 | 471 W 26th St | 3BR,1BA | $1.82 |
| 561 W 18th St | 1st front | 1BR,1BA | $2.80 |
Frequently Asked Questions about Chinatown
What type of rentals are currently available in Chinatown?
There are currently 63 Apartments for Rent in Chinatown, IL with pricing that ranges from $1,400 to $3,200. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chinatown ranging from $1,010 to $3,400.
What is the current price range for Rental Homes in Chinatown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Chinatown ranges from $1,010 to $3,400 with an average monthly rent of $1,927.
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
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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
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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
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.