Cheap Apartments for Rent in the Downtown Chicago Neighborhood of Chicago, IL from $600 (111 Rentals) Page 3 of 3

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

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Lexington 90
1 to 2 Bedroom Apartments

Lexington 90

1409 W Lexington StChicago, IL 60607
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Vesta Lofts Apartments
Studio to 3 Bedroom Apartments

Vesta Lofts Apartments

125 E 21st StChicago, IL 60616
  • Utilities Included
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1845 W Superior St
Studio to 3 Bedroom Apartments

1845 W Superior St

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

1507 W Taylor St

1507 W Taylor StChicago, IL 60607
  • Utilities Included
  • Smoke Free
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1625 W Superior St
1 to 2 Bedroom Apartments

1625 W Superior St

1625 W Superior StChicago, IL 60622
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Warren Apartments
Studio to 1 Bedroom Apartments

Warren Apartments

1533 W Warren AveChicago, IL 60607
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10 West Elm
Studio to 1 Bedroom Apartments

10 West Elm

10 W Elm StChicago, IL 60610
  • Utilities Included
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1436 W Erie
Studio to 2 Bedroom Apartments

1436 W Erie

1436 W Erie StChicago, IL 60642
  • Utilities Included
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1449-1453 W Flournoy St
Studio to 3 Bedroom Apartments

1449-1453 W Flournoy St

1449-1453 W Flournoy StChicago, IL 60607
Student Housing
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Harris Point Chicago
1 to 4 Bedroom Apartments

Harris Point Chicago

725 S Loomis StChicago, IL 60607
Student Housing
  • 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 $1,395.

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 $28,457.

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 194 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 $615 which is $27,842 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

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

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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.

Articles, How-To's, and Tips

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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

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.

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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.

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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.