
Low Income Apartments for Rent in the Downtown Chicago Neighborhood of Chicago, IL (5 Rentals)


Larrabee Place at Parkside of Old Town
Navigating the World of Low-Income Housing
A Comprehensive Guide to Understanding Low Income Renting

1036 N. Dearborn
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.
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 | $2,759 | $800 | $10,000+ |
Downtown Chicago 1 Bedroom Apartments | $3,419 | $1,150 | $10,000+ |
Downtown Chicago 2 Bedroom Apartments | $4,775 | $1,350 | $10,000+ |
Downtown Chicago 3 Bedroom Apartments | $6,450 | $1,075 | $10,000+ |
Downtown Chicago 4 Bedroom Apartments | $3,842 | $1,040 | $10,000+ |
Downtown Chicago 5 Bedroom Apartments | $7,109 | $3,100 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown Chicago Neighborhood of Chicago, IL.
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Downtown Chicago, Chicago, IL Local Guide
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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.
Pet Friendly LifestyleDowntown Chicago, Chicago, IL
Ranked #2
Among neighborhoods in Chicago, IL 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
Jones College Prep High School
Chicago World Language Academy
School data provided by Great Schools
Frequently Asked Questions about Low Income Downtown Chicago Apartments
What is the Cheapest Low Income apartment in Downtown Chicago?
Currently the most affordable Low Income Apartment in Downtown Chicago is at 11 W. Division listed at $1,245.
How much is the average rent for a Low Income Downtown Chicago Apartment?
The average rent for a Low Income Apartment in Downtown Chicago is $1,773.
What is the largest Low Income Downtown Chicago Apartment for rent?
Today's Low Income apartment with the most square footage in Downtown Chicago is a 1,083 square feet unit starting from $1,629 at Larrabee Place at Parkside of Old Town.
What is the average size for Downtown Chicago Low Income Apartments for rent?
The average size for a Low Income rental in Downtown Chicago is currently at 530 sq ft.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.