Cheap Homes for Rent in Depaul Neighborhood of Chicago, IL from $700 (53 Rentals)

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Search the lowest-cost Homes 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.

property at 818 W Diversey Pky

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695

Total Monthly Price
$1,695

Studio, 1 Bath Condo for Rent

Available Jun 1

818 W Diversey Pky

ChicagoIL60614

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.

property at 2604 N Racine Ave

$1,995 - $2,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,995 - $2,950

Total Monthly Price
$1,995 - $2,950

1 To 2 Bedroom Condos for Rent

Available Jul 1

2604 N Racine Ave

ChicagoIL60614
property at 2132 N Dayton St

$2,045

Total Monthly Price

Total Monthly Price

Base Rent
$2,045

Total Monthly Price
$2,045

Studio, 1 Bath Condo for Rent

Available Jul 1

2132 N Dayton St, Unit 105, Unit 105

2132 N Dayton St
ChicagoIL60614
property at 2132 N Dayton St

$2,045

Total Monthly Price

Total Monthly Price

Base Rent
$2,045

Total Monthly Price
$2,045

Studio, 1 Bath Condo for Rent

Available Jul 1

2132 N Dayton St, Unit 305, Unit 305

2132 N Dayton St
ChicagoIL60614

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.

property at 2057 W Dickens Ave

$2,195

Total Monthly Price

Total Monthly Price

Base Rent
$2,195

Total Monthly Price
$2,195

Studio, 1 Bath Condo for Rent

Available Jul 1

2057 W Dickens Ave, Unit 1N, Unit 1N

2057 W Dickens Ave
ChicagoIL60647
property at 2234 N Bissell St

$2,195 - $3,450

Total Monthly Price

Total Monthly Price

Base Rent
$2,195 - $3,450

Total Monthly Price
$2,195 - $3,450

Studio To 1 Bedroom Condos for Rent

Available Jun 1

2234 N Bissell St

ChicagoIL60614

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.

property at 2057 W Dickens Ave

$2,295

Total Monthly Price

Total Monthly Price

Base Rent
$2,295

Total Monthly Price
$2,295

Studio, 1 Bath Condo for Rent

Available Jul 1

2057 W Dickens Ave, Unit 1N, Unit 1N

2057 W Dickens Ave
ChicagoIL60647

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!

Depaul, Chicago, IL Local Guide

Cheapest Available Depaul Apartments for Rent

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

Best Value Apartments for Rent in Depaul, IL

As of May 24, 2026 the best value apartment in the Depaul area is the $2.58 price per square foot 2717 N Wayne Ave Model at 2717 N Wayne Ave, Unit 3N in the in the Bucktown neighborhood starting from $5,150. The second greatest value Depaul apartment is the Two Bedroom Two Bath Model at 2157 N Damen starting at $3,150 with a $2.63 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.
2717 N Wayne Ave, Unit 3N2717 N Wayne Ave3BR,2BA$2.58
2157 N DamenTwo Bedroom Two Bath2BR,2BA$2.63
1645 N Bell Ave, Unit Unit 21645 N Bell Ave2BR,1BA$2.17
852 W Lill Ave, Unit 2852 W Lill Ave2BR,1BA$2.54
2320 N Southport Ave2320 N Southport Ave2BR,1BA$2.47
1110 W Wolfram St, Unit G1110 W Wolfram St2BR,1BA$2.35
2246 W Armitage Ave, Unit 3F2246 W Armitage Ave2BR,1BA$2.50
Clybourn1 bed 1 bath1BR,1BA$2.31
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

Read Article
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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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Quick Rent Budget Calculator

How much rent can you afford?

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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Frequently Asked Questions about Depaul

What type of rentals are currently available in Depaul?

There are currently 948 Apartments for Rent in Depaul, IL with pricing that ranges from $1,295 to $13,380. There are also 209 Single Family Homes for rent, Condos, and Townhome rentals currently available in Depaul ranging from $725 to $9,500.

What is the current price range for Rental Homes in Depaul?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Depaul ranges from $725 to $9,500 with an average monthly rent of $4,543.

How much are larger Three and Four Bedroom Rentals in Depaul?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Depaul range from $2,000 to $13,380, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,595 to $7,250. Four Bedroom Single-Family rentals are also available starting from $3,600 and Four Bedroom Apartments start at $3,850.

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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

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.

decorative image for Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago article

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.