Cheap Apartments for Rent in the Downtown Chicago Neighborhood of Chicago, IL from $660 (122 Rentals) Page 3 of 3

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Downtown Chicago area of Chicago.

close
View Me
500 W 32nd St
2 to 3 Bedroom Apartments

500 W 32nd St

500 W 32nd StChicago, IL 60616
close
View Me
Atrium at Old Town Park
Studio to 2 Bedroom Apartments

Atrium at Old Town Park

303 W Division StChicago, IL 60610
  • Utilities Included
close
View Me
1737 W Erie St
1 Bedroom Apartments

1737 W Erie St

1737 W Erie StChicago, IL 60622
close
View Me
East Village Lofts
Studio to 2 Bedroom Apartments

East Village Lofts

1100 N Ashland AveChicago, IL 60622

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.

close
View Me
204 W Hill Street
Studio to 3 Bedroom Apartments

204 W Hill Street

204 W Hill StChicago, IL 60610
close
View Me
1100 N Dearborn
Studio to 2 Bedroom Apartments

1100 N Dearborn

1100 N Dearborn StChicago, IL 60610
  • Utilities Included
close
View Me
Lexington 90
1 to 2 Bedroom Apartments

Lexington 90

1409 W Lexington StChicago, IL 60607
close
View Me
1845 W Superior St
Studio to 3 Bedroom Apartments

1845 W Superior St

1845 W Superior StChicago, IL 60622
close
View Me
1507 W Taylor St
2 Bedroom Apartments

1507 W Taylor St

1507 W Taylor StChicago, IL 60607
  • Utilities Included
  • Smoke Free
close
View Me
504 W 32nd St
1 to 3 Bedroom Apartments

504 W 32nd St

504 W 32nd StChicago, IL 60616

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.

close
View Me
1625 W Superior St
1 to 2 Bedroom Apartments

1625 W Superior St

1625 W Superior StChicago, IL 60622
  • Utilities Included
close
View Me
244 E. Pearson
Studio to 3 Bedroom Apartments

244 E. Pearson

244 E. Pearson StChicago, IL 60611
Corporate Housing
  • Utilities Included
close
View Me
1449-1453 W Flournoy St
Studio to 3 Bedroom Apartments

1449-1453 W Flournoy St

1449-1453 W Flournoy StChicago, IL 60607
Student Housing
  • Utilities Included
close
View Me
10 West Elm
Studio to 1 Bedroom Apartments

10 West Elm

10 W Elm StChicago, IL 60610
  • Utilities Included
close
View Me
Warren Apartments
Studio to 1 Bedroom Apartments

Warren Apartments

1533 W Warren AveChicago, IL 60607

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

close
View Me
1436 W Erie
Studio to 2 Bedroom Apartments

1436 W Erie

1436 W Erie StChicago, IL 60642
  • Utilities Included

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

decorative image for The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago article

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.

decorative image for Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible article

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.

decorative image for Chicago Relocation 101: Mastering Utilities, Registration, and the CTA article

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.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.