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Cheap Student Apartments for Rent in the Downtown Chicago Neighborhood of Chicago, IL from $700 (12 Rentals)
Student Housing Options in the Downtown Chicago area of Chicago.
Cheap Apartments in the Downtown Chicago area of Chicago.
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$999 - $1,799Studio to 3 Bedroom Apartments Contact Us For Availability
Student | The Flats East West
829 S Wabash AveChicago, IL 60605
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Rent Specials
$1,040 - $2,1001 to 4 Bedroom Apartments Available Now
Letterman Chicago
410 S Morgan StChicago, IL 60607
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$1,160 - $2,6452 to 4 Bedroom Apartments Available Now
Addams Coliving
1407 W 15th StChicago, IL 60608
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$1,179 - $2,169Studio to 4 Bedroom Apartments Available Now
Tailor Lofts
315 S Peoria StChicago, IL 60607
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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$1,450 - $3,725Studio to 3 Bedroom Apartments Contact Us For Availability
Roosevelt Square
1357 W Roosevelt RdChicago, IL 60608
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$1,892 - $2,9991 to 3 Bedroom Apartments Available Now
731 Plymouth by 3L Living
731 S Plymouth CtChicago, IL 60605
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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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Showing Results 1-12, Page 1 of 1
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 | $2,360 | $1,086 | $10,000+ |
| Downtown Chicago 1 Bedroom Apartments | $2,878 | $1,000 | $9,000 |
| Downtown Chicago 2 Bedroom Apartments | $4,212 | $1,200 | $10,000+ |
| Downtown Chicago 3 Bedroom Apartments | $6,487 | $1,075 | $10,000+ |
| Downtown Chicago 4 Bedroom Apartments | $3,582 | $1,040 | $10,000+ |
| Downtown Chicago 5 Bedroom Apartments | $10,945 | $2,950 | $10,000+ |
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Downtown Chicago, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
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Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Chicago, Chicago, IL
Ranked #2
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Chicago, Chicago, IL
South Loop Elementary School
City Of Chicago School District 299
Public School - Grades PK-8 (808)
9 out of 10
Jones College Prep High School
City Of Chicago School District 299
Public School - Grades 9-12 (1941)
9 out of 10
Chicago World Language Academy
City Of Chicago School District 299
Public School - Grades K-8 (451)
8 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 $1,313.
What is the price of a cheap apartment in Downtown Chicago?
The cheapest apartment in Downtown Chicago is 2423 S State which is listed at $1,122, while the average apartment in Downtown Chicago costs $30,968.
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 141 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 $1,024 which is $29,944 cheaper than the average rent for all rentals in Downtown Chicago.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.