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$1,875Studio Apartments Available Now
Roosevelt Square
1346 W Taylor StChicago, IL 60607
Cheap Studio Apartments for Rent in the Downtown Chicago Neighborhood of Chicago, IL from $1,105 (77 Rentals) Page 2 of 2
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Rent Specials
$1,896 - $2,243Studio Apartments Available Now
1133 North Dearborn
1133 N Dearborn StChicago, IL 60610
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Studio Apartments
1011 Clark
1009-1015 N Clark StChicago, IL 60610
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Studio Apartments
1809 S Carpenter St
1809 S Carpenter StChicago, IL 60608
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Studio Apartments
1251 S Michigan - Senior Living
1251 S Michigan AveChicago, IL 60605
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Studio Apartments
11 W. Division
11 W Division StChicago, IL 60610
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Studio Apartments
1065 N. Hermitage Ave.
1065 N Hermitage AveChicago, IL 60622
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Studio Apartments
211 E. Delaware
211 E Delaware PlChicago, IL 60611
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Studio Apartments
1036 N. Dearborn
1036 N Dearborn StChicago, IL 60610
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Studio Apartments
768 W. Jackson
766-768 W Jackson BlvdChicago, IL 60661
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Studio Apartments
R+D659
645-659 W Randolph StChicago, IL 60661
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Studio Apartments
600 N Lake Shore Dr
600 N Lake Shore DrChicago, IL 60611
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Studio Apartments
Illume
111 S Peoria StChicago, IL 60607
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Studio Apartments
55 E Erie St
55 E Erie StChicago, IL 60611
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Studio Apartments
Luxury condo unit
333 N CanalChicago, IL 60606
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Studio Apartments
Wicker Park Lofts
1515-1519 W Haddon AveChicago, IL 60642
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Studio Apartments
The Oliver on LaSalle
1140 N Lasalle StChicago, IL 60610
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Studio Apartments
35 E Division St
35 E Division StChicago, IL 60610
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18 E. Elm
18 E Elm StChicago, IL 60611
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Atrium at Old Town Park
303 W Division StChicago, IL 60610
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
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Studio Apartments
Verdant Apartments
830 N Milwaukee AveChicago, IL 60642
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Randolph Tower City Apartments
188 W Randolph StChicago, IL 60601
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Studio Apartments
204 W Hill Street
204 W Hill StChicago, IL 60610
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East Village Lofts
1100 N Ashland AveChicago, IL 60622
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Studio Apartments
1100 N Dearborn St
1100 N Dearborn StChicago, IL 60610
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10 West Elm
10 W Elm StChicago, IL 60610
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River North Park Apartments
320 W Illinois StChicago, IL 60654
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 | $2,393 | $1,105 | $5,155 |
| Downtown Chicago 1 Bedroom Apartments | $2,945 | $800 | $10,000+ |
| Downtown Chicago 2 Bedroom Apartments | $4,144 | $1,200 | $10,000+ |
| Downtown Chicago 3 Bedroom Apartments | $6,485 | $1,065 | $10,000+ |
| Downtown Chicago 4 Bedroom Apartments | $3,031 | $1,040 | $10,000+ |
| Downtown Chicago 5 Bedroom Apartments | $12,244 | $2,800 | $10,000+ |
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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 $1,350.
What is the price of a cheap apartment in Downtown Chicago?
The cheapest apartment in Downtown Chicago is Gramercy Row Apartments which is listed at $1,324, while the average apartment in Downtown Chicago costs $32,542.
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 304 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 $492 which is $32,050 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
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.
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.
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.
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
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.