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$1,150 - $1,4501 Bedroom Apartments Available Now
Prairie CoLiving
2423 S State StChicago, IL 60616
Cheap 1 Bedroom Apartments for Rent in the Downtown Chicago Neighborhood of Chicago, IL from $1,150 (53 Rentals)
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$1,150 - $1,2801 Bedroom Apartments Available Now
Addams 2.0
1407 W 15th StChicago, IL 60608
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$1,200
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
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$1,200
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$1,200
2973 S Lyman St, Unit 2
2973 S Lyman StChicago, IL 60608
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$1,212 - $5,6891 Bedroom Apartments Available Now
Prairie Shores
2937 South King DrChicago, IL 60616
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$1,3001 Bedroom Apartments Available Now
McCrory Senior Apartments
1709 W Washington BlvdChicago, IL 60612
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$1,300
Total Monthly Price
1 Bedroom Apartment Available Sep 1Total Monthly Price
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$1,300
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$1,300
1417 W 19th St, Unit 3R
1417 W 19th StChicago, IL 60608
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$1,450
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1 Bedroom Apartment Available NowTotal Monthly Price
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$1,450
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$1,450
1023 N Dearborn St, Unit 313
1023 N Dearborn StChicago, IL 60610
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$1,500
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1 Bedroom Apartments Available Dec 12Total Monthly Price
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$1,500
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$1,500
61 W Erie St, Unit SI FL3-ID1403
61 W Erie StChicago, IL 60654
1917 S May St
ChicagoIL60608
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$1,550
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1 Bedroom Apartments Available Dec 13Total Monthly Price
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$1,550
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$1,550
188 N Wells St, Unit SI FL2-ID1234
188 N Wells StChicago, IL 60606
The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.
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$1,5701 Bedroom Apartments Contact Us For Availability
Westhaven Park Station
145 N Damen StChicago, IL 60612
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$1,5901 Bedroom Apartments Available Now
1162 - 1168 N La Salle Blvd
1162-1168 N La Salle BlvdChicago, IL 60610
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$1,600 - $1,7001 Bedroom Apartments Contact Us For Availability
14 West Elm Apartments
14 W Elm StChicago, IL 60610
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$1,600
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1 Bedroom Apartment Available Oct 1Total Monthly Price
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$1,600
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$1,600
1312 W Erie St, Unit 1 Br Apartment
1312 W Erie StChicago, IL 60642
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$1,662 - $1,9871 Bedroom Apartments Available Sep 4
Eden Commons
2701 S Indiana AveChicago, IL 60616
1737 W Erie St
ChicagoIL60622
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$1,750 - $1,8951 Bedroom Apartments Available Sep 21
Dearborn North
1117 N Dearborn StChicago, IL 60610
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$1,750 - $1,8501 Bedroom Apartments Available Now
30 East Roosevelt
30 E Roosevelt RdChicago, IL 60605
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1 Bedroom Apartments
West Haven Park II - B
1949 W Lake StChicago, IL 60612
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1 Bedroom Apartments
25 W Hubbard St
25 W Hubbard StChicago, IL 60654
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.
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1 Bedroom Apartments
Westhaven Park II - C
1910 W Maypole AveChicago, IL 60612
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1 Bedroom Apartments
Hilliard Towers Family One
2031 S Clark StChicago, IL 60616
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1 Bedroom Apartments
Luxe on Chicago
1838 W Chicago AveChicago, IL 60622
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1 Bedroom Apartments
Eastgate Village
300 E 26th StChicago, IL 60616
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1 Bedroom Apartments
Hilliard Towers Family II
2030 S State StChicago, IL 60616
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1 Bedroom Apartments
1810 S Throop St
1810 S Throop StChicago, IL 60608
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1 Bedroom Apartments
Hilliard Towers Senior Apartments
30 W Cermak RdChicago, IL 60616
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1 Bedroom Apartments
Hilliard Towers Senior Apartments One
2111 S Clark StChicago, IL 60616
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1 Bedroom Apartments
Maple
150 W Maple StChicago, IL 60610
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1 Bedroom Apartments
Bridgeport
2800 S Union AveChicago, IL 60616
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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1 Bedroom Apartments
211 E. Ohio St.
205-215 E Ohio StChicago, IL 60611
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1 Bedroom Apartments
McCormick CoLiving
2401 S State StChicago, IL 60616
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1 Bedroom Apartments
1337 W Huron
1337 W HuronChicago, IL 60642
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1 Bedroom Apartments
2049 W Coulter St
2049 W Coulter StChicago, IL 60608
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1 Bedroom Apartments
1417 W Cullerton St
1417 W Cullerton StChicago, IL 60608
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1 Bedroom Apartments
1912 S Throop St
1912 S Throop StChicago, IL 60608
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1 Bedroom Apartments
1251 S Michigan - Senior Living
1251 S Michigan AveChicago, IL 60605
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1 Bedroom Apartments
1243 W 32nd St
1243 W 32nd StChicago, IL 60608
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1 Bedroom Apartments
561 W 18th St
561 W 18th StChicago, IL 60616
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1 Bedroom Apartments
Harris Point Chicago
1404 W Taylor StChicago, IL 60607
Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.
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1 Bedroom Apartments
1603 S Wood St
1603 S Wood StChicago, IL 60608
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1 Bedroom Apartments
1363 W. Walton
1363 W Walton StChicago, IL 60642
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1 Bedroom Apartments
1322 W 18th Pl
1322 W 18th PlChicago, IL 60608
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1 Bedroom Apartments
1065 N. Hermitage Ave.
1065 N Hermitage AveChicago, IL 60622
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1 Bedroom Apartments
544 Oak at Parkside of Old Town
544 W Oak StChicago, IL 60610
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1 Bedroom Apartments
Wicker Park Lofts
1515-1519 W Haddon AveChicago, IL 60642
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1 Bedroom Apartments
Larrabee Place at Parkside of Old Town
545 W Division StChicago, IL 60610
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1 Bedroom Apartments
1659 W. 21st St. / 2109 S. Paulina St.
1659 W 21st StChicago, IL 60608
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1 Bedroom Apartments
1737 W Erie St
1737 W Erie StChicago, IL 60622
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1 Bedroom Apartments
Lexington 90
1409 W Lexington StChicago, IL 60607
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
Showing Results 1-50, Page 1 of 2
Downtown Chicago, Chicago, IL Local Guide
How much does it cost to rent an apartment in Downtown Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Chicago Studio Apartments | $2,494 | $946 | $7,201 |
Downtown Chicago 1 Bedroom Apartments | $3,015 | $1,150 | $9,072 |
| Downtown Chicago 2 Bedroom Apartments | $4,293 | $1,000 | $10,000+ |
| Downtown Chicago 3 Bedroom Apartments | $6,496 | $1,411 | $10,000+ |
| Downtown Chicago 4 Bedroom Apartments | $4,450 | $1,025 | $10,000+ |
| Downtown Chicago 5 Bedroom Apartments | $5,507 | $3,300 | $10,000+ |
| Downtown Chicago 6 Bedroom Apartments | $18,368 | $4,200 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 53 rentals with your search options within a 2 mile radius of the Downtown Chicago Neighborhood of Chicago, IL.
See all Apartments in ChicagoExplore Chicago
Downtown Chicago, Chicago, IL Local Guide
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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 ArticleA 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
Read ArticleReal 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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If you’re an expert on all things Downtown Chicago, tell us what you love (and don't) by rating it and writing a review.
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Best Local Schools in Downtown Chicago, Chicago, IL
South Loop Elementary School
City Of Chicago School District 299
Public School - Grades PK-8 (846)
8 out of 10
Jones College Prep High School
City Of Chicago School District 299
Public School - Grades 9-12 (1932)
7 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Chicago Apartments
What is a cheap apartment in Downtown Chicago?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Chicago is under $1,230.
What is the price of a cheap apartment in Downtown Chicago?
The cheapest apartment in Downtown Chicago is West Haven Park II - B which is listed at $660, while the average apartment in Downtown Chicago costs $2,957.
What types of apartments are the cheapest in Downtown Chicago?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 174 regular apartments in Downtown Chicago that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Chicago?
Cheap apartments in Downtown Chicago have an average cost of $372 which is $2,585 cheaper than the average rent for all rentals in Downtown Chicago.
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
Written by: Nicole Harms
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
Written by: Nicole Harms
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
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
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
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
Written by: Robin Stewart
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
Written by: Robin Stewart
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.