
Apartments for Rent in the Downtown Chicago Neighborhood of Chicago, IL Under $1,500 (70 Rentals) Page 2 of 2


1337 W Huron

1204 W Lexington St

1251 S Michigan - Senior Living

Bridgeport

Maple
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

Hilliard Towers Senior Apartments One

Hilliard Towers Senior Apartments

356 W Superior St

McCormick CoLiving

525 S. Dearborn St.

The Nelson
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

Hilliard Towers Family II

Student | Infinite Chicago

Luxe on Chicago

Hilliard Towers Family One

Roosevelt Place Senior Apartments

1523 W Chicago Ave
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.

25 W Hubbard St

West Haven Park II - B
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 | $2,494 | $946 | $7,201 |
| Downtown Chicago 1 Bedroom Apartments | $3,015 | $1,150 | $9,072 |
| Downtown Chicago 2 Bedroom Apartments | $4,293 | $1,000 | $10,000+ |
| Downtown Chicago 3 Bedroom Apartments | $6,496 | $1,411 | $10,000+ |
| Downtown Chicago 4 Bedroom Apartments | $4,450 | $1,025 | $10,000+ |
| Downtown Chicago 5 Bedroom Apartments | $5,507 | $3,300 | $10,000+ |
| Downtown Chicago 6 Bedroom Apartments | $18,368 | $4,200 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 70 rentals with your search options within a 2 mile radius of the Downtown Chicago Neighborhood of Chicago, IL.
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Frequently Asked Questions about Downtown Chicago
How much are Studio apartments in Downtown Chicago?
There are currently 813 Studio Apartments in Downtown Chicago with rent ranges from $946 to $7,201 with an average price of $2,494.
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 $9,072 with an average monthly rent of $3,015.
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 $1,000 to $24,461. Today's average rental price for Two Bedrooms here is $4,293.
How expensive are Downtown Chicago Three Bedroom Apartments?
There are currently 613 Three Bedroom Apartments listings available in Downtown Chicago on ApartmentHomeLiving.com. The pricing ranges from $1,411 to $38,481 - averaging $6,496 for the location.
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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Written by: Nicole Harms
When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
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I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
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Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.