Cheap Studio Apartments for Rent in the Downtown Chicago Neighborhood of Chicago, IL from $1,094 (88 Rentals)Page 2 of 2

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Chicago is under $1,295.

The cheapest apartment in Downtown Chicago is Prairie Shores which is listed at $1,094, while the average apartment in Downtown Chicago costs $5,379.

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 118 regular apartments in Downtown Chicago that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Cheap apartments in Downtown Chicago have an average cost of $325 which is $5,054 cheaper than the average rent for all rentals in Downtown Chicago.