Room in Shared 3 bed/2 bath home in Near West Side, Unit A
20 S Seeley Ave
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Cheap Condos for Rent in the Downtown Chicago Neighborhood of Chicago, IL from $900 (62 Rentals)
Search the lowest-cost Condos available for rent right now in the Downtown Chicago area of Chicago.
Room in Shared 4 bed/2.5 bath home in Chinatown, Unit B
1928 S Young Park Way
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Room in Shared 4 bed/2.5 bath home in Chinatown, Unit A
1928 S Young Pkwy
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601 E 32nd St
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2901 S Michigan Ave, Unit Orange Sunset 2901 S Mich
2901 S Michigan Ave
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2901 S Michigan Ave
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3213 S Green St, Unit 2
3213 S Green St
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1801 S Peoria St
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3145 S May St, Unit 1F
3145 S May St
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1503 W 19th St, Unit 1R
1503 W 19th St
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The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.
1023 N Dearborn St, Unit 504
1023 N Dearborn St
ChicagoIL60610
1164 N Dearborn St, Unit 415
1164 N Dearborn St
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1160 N Dearborn St, Unit #415
1160 N Dearborn St
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1014 W 19th St
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640 S Federal St
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740 S Federal St
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2605 S Indiana Ave, Unit 1 bedroom
2605 S Indiana Ave
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3210 S May St
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1700 S Jefferson St
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1933 W Crystal St, Unit A3
1933 W Crystal St
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Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
2007 S Allport St, Unit 3R
2007 S Allport St
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2921 S Michigan Ave, Unit #103
2921 S Michigan Ave
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2031 W 23rd St, Unit 2
2031 W 23rd St
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1171 S Michigan Ave
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1901 W 21st Pl, Unit 2R
1901 W 21st Pl
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1901 W 21st Pl, Unit 2r
1901 W 21st Pl
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1828 S Wentworth Ave
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1218 S Michigan Ave
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816 W 18th St, Unit 4M
816 W 18th St
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3001 S Michigan Ave, Unit 1505
3001 S Michigan Ave
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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!
300 N State St
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187 E Chestnut St
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1212 S Michigan Ave, Unit 1505
1212 S Michigan Ave
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1511 S Laflin St
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899 S Plymouth Ct, Unit 1602
899 S Plymouth Ct
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816 N Hermitage Ave, Unit 1G
816 N Hermitage Ave
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19 E Chestnut St
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1220 W Carroll Ave
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777 N Michigan Ave
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1 E Scott St
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Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.
732 S Financial Pl
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535 N Michigan Ave
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111 E Chestnut St
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641 W Grand Ave, Unit S
641 W Grand Ave
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186 N Ada St
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161 N Ada St
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111 E Chestnut St
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1212 S Michigan Ave, Unit 1603
1212 S Michigan Ave
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1212 S Michigan Ave, Unit 1703
1212 S Michigan Ave
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1212 S Michigan Ave, Unit 2003
1212 S Michigan Ave
ChicagoIL60605
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Showing Results 1-50, Page 1 of 2
Downtown Chicago, Chicago, IL Local Guide
How much does it cost to rent a home in Downtown Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Chicago 2 Bedroom Condos for Rent | $3,779 | $1,450 | $10,000+ |
| Downtown Chicago 3 Bedroom Condos for Rent | $6,043 | $910 | $10,000+ |
| Downtown Chicago 4 Bedroom Condos for Rent | $6,374 | $1,160 | $10,000+ |
| Downtown Chicago 5 Bedroom Condos for Rent | $15,500 | $6,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Condos for Rent in this Neighborhood
There are currently 62 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
- Nearby Chicago neighborhoods
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- School Districts
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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.
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Do you know the Downtown Chicago area?
If you’re an expert on all things Downtown Chicago, tell us what you love (and don't) by rating it and writing a review.
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Best Local Schools in Downtown Chicago, Chicago, IL
South Loop Elementary School
City Of Chicago School District 299
Public School - Grades PK-8 (846)
8 out of 10
Jones College Prep High School
City Of Chicago School District 299
Public School - Grades 9-12 (1932)
7 out of 10
School data provided by Great Schools
Frequently Asked Questions about Downtown Chicago
What type of rentals are currently available in Downtown Chicago?
There are currently 2172 Apartments for Rent in Downtown Chicago, IL with pricing that ranges from $1,000 to $43,181. There are also 1522 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Chicago ranging from $910 to $32,500.
What is the current price range for Rental Homes in Downtown Chicago?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Chicago ranges from $910 to $32,500 with an average monthly rent of $3,342.
How much are larger Three and Four Bedroom Rentals in Downtown Chicago?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Chicago range from $1,024 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $910 to $32,500. Four Bedroom Single-Family rentals are also available starting from $1,160 and Four Bedroom Apartments start at $1,025.
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
Written by: Nicole Harms
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
Written by: Nicole Harms
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
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
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
Written by: Robin Stewart
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.