
Apartments for Rent in the Downtown Chicago Neighborhood of Chicago, IL Under $1,200 (30 Rentals)


Prairie Shores

Addams Coliving

Tailor Lofts

Dearborn Plaza

Letterman Chicago

Student | The Flats East West

McCormick CoLiving

1638 W Warren Blvd

Roosevelt Place Senior Apartments
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 | $2,312 | $963 | $8,000 |
| Downtown Chicago 1 Bedroom Apartments | $2,836 | $1,150 | $10,000+ |
| Downtown Chicago 2 Bedroom Apartments | $4,022 | $1,150 | $10,000+ |
| Downtown Chicago 3 Bedroom Apartments | $6,211 | $800 | $10,000+ |
| Downtown Chicago 4 Bedroom Apartments | $3,226 | $1,040 | $10,000+ |
| Downtown Chicago 5 Bedroom Apartments | $9,646 | $3,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the Downtown Chicago Neighborhood of Chicago, IL.
See all Apartments in ChicagoExplore Chicago
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 cities in Illinois 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 Downtown Chicago
How much are Studio apartments in Downtown Chicago?
There are currently 828 Studio Apartments in Downtown Chicago with rent ranges from $963 to $8,000 with an average price of $2,312.
What is the current price range for One Bedroom Downtown Chicago Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown Chicago ranges from $1,150 to $12,825 with an average monthly rent of $2,836.
What does renting a Two Bedroom Apartment in Downtown Chicago cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Chicago range from $1,150 to $18,797. Today's average rental price for Two Bedrooms here is $4,022.
How expensive are Downtown Chicago Three Bedroom Apartments?
There are currently 589 Three Bedroom Apartments listings available in Downtown Chicago on ApartmentHomeLiving.com. The pricing ranges from $800 to $38,481 - averaging $6,211 for the location.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.



















