Cheap Apartments for Rent in the Depaul Neighborhood of Chicago, IL from $800 (85 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Depaul 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.

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2907 N Mildred
$1,795 - $1,855
Total Monthly Price

Total Monthly Price

Base Rent
$1,795 - $1,855
Total Monthly Price
$1,795 - $1,855
Studio Apartment Available Now

2907 N Mildred

2907 N MildredChicago, IL 60657
Affordability

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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2127 N Dayton St
$1,845 - $2,220
Total Monthly Price

Total Monthly Price

Base Rent
$1,845 - $2,220
Total Monthly Price
$1,845 - $2,220
Studio to 1 Bedroom Apartment Available Aug 1

2127 N Dayton St

2127 N Dayton StChicago, IL 60614
Affordability

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 959 W Armitage Ave

$1,795 - $2,495

Studio To 1 Bedroom Rentals

Available Jul 1

959 W Armitage Ave

ChicagoIL60614
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2909 N Mildred Ave
$1,895 - $2,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,895 - $2,395
Total Monthly Price
$1,895 - $2,395
Studio to 1 Bedroom Apartment Available Jul 1

2909 N Mildred Ave

2909 N Mildred AveChicago, IL 60657
Affordability

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.

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2233 N Bissell St
$1,935 - $2,100
Total Monthly Price

Total Monthly Price

Base Rent
$1,935 - $2,100
Total Monthly Price
$1,935 - $2,100
Studio Apartment Available Jul 1

2233 N Bissell St

2233 N Bissell StChicago, IL 60614
Affordability
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Mclean 2021 W
Studio to 2 Bedroom Apartments

Mclean 2021 W

2021 W McLean AveChicago, IL 60647
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911 W. Oakdale Ave.
Studio to 1 Bedroom Apartments

911 W. Oakdale Ave.

910-918 W Oakdale AveChicago, IL 60657

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

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!

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Depaul, Chicago, IL Local Guide

Cheapest Available Depaul Apartments for Rent

 

The cheapest available apartment rental in the Depaul area of Chicago, IL is a Studio unit found at 1049 W. Oakdale priced from $1,314. Lathrop has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here are the most affordable Depaul apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
1049 W. OakdaleSTUD/1BAStudio,1BA$1,314
LathropSTUDIOStudio,1BA$1,400
828 W. FullertonStudioStudio,1BA$1,495

Best Value Apartments for Rent in Depaul, IL

As of June 03, 2026 the best value apartment in the Depaul area is the $2.00 price per square foot 2440 N Ashland Ave Model at 2440 N Ashland Ave, Unit 2 in the in the Bucktown neighborhood starting from $3,595. The second greatest value Depaul apartment is the 2449 N Ashland Ave Model at 2449 N Ashland Ave, Unit 1 starting at $2,795 with a $2.00 price per square foot in the Bucktown neighborhood. Here is today’s list of the best values for Depaul apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2440 N Ashland Ave, Unit 22440 N Ashland Ave3BR,2BA$2.00
2449 N Ashland Ave, Unit 12449 N Ashland Ave2BR,2BA$2.00
1944 N Bissell St, Unit G1944 N Bissell St2BR,1BA$2.00
2254 N Southport Ave, Unit 22254 N Southport Ave2BR,1BA$2.18
1925 W Armitage Ave3BD/1BA3BR,1BA$2.45
1925 W Armitage Ave, Unit 1F1925 W Armitage Ave3BR,1BA$2.45
2320 N Southport Ave2320 N Southport Ave2BR,1BA$2.47
1944 N Bissell St, Unit ground1944 N Bissell St2BR,1BA$2.45
2219 N Hoyne Ave, Unit 2R2219 N Hoyne Ave1BR,1BA$2.39
2221 N Hoyne Ave, Unit 22221 N Hoyne Ave1BR,1BA$2.49

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Best Local Schools in
Depaul, Chicago, IL

School data provided by Great Schools

Frequently Asked Questions about Cheap Depaul Apartments

What is the Cheapest Studio apartment in Depaul?

Currently the most affordable Cheap Studio Apartment in Depaul is at 1049 W. Oakdale listed at $1,314.

How much is rent for a Cheap One Bedroom Depaul Apartment?

The lowest price for a Cheap One Bedroom Depaul Apartment is $2,218 at Sheffield of Lincoln Park.

What is the lowest price for a Cheap Two Bedroom Depaul Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Depaul is starting from $2,795 at 828 W. Fullerton.

What is the most affordable Depaul Three Bedroom Apartment?

The best deal on a cheap Depaul Three Bedroom Apartment rental is at 1925 W Armitage Ave and starts from $2,700.

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

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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.

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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.

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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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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.

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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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.