
Cheap Homes for Rent in Downtown Chicago Neighborhood of Chicago, IL from $700 (279 Rentals) Page 4 of 6
Search the lowest-cost Homes available for rent right now in the Downtown Chicago area of Chicago.


1400 S Michigan Ave, Unit 27G

1122 N Clark St, Unit 1122

940 W 31st Pl

1226 N Dearborn St, Unit 33C

152 W Superior St, Unit 4R

1852 W Thomas St

1338 W Erie St

2002 W 21st Pl

98 W Chicago Ave

1 E Scott St

625 W Division St

746 N Dearborn St

330 W Grand Ave, Unit 1505

330 W Grand Ave

1300 W Randolph St

1127 N Dearborn St

45 W Elm St

212e E Chestnut St

188 W Randolph St

1135 S Michigan Ave

535 N Michigan Ave, Unit 2507

1000 S Michigan Ave

500 N Lake Shore Dr

1000 N La Salle Dr

544 N State St

544 N State St

2015 W Iowa St

2126 W 24th St

111 E Chestnut St, Unit 23b

911 S Clark St

1400 S Michigan Ave

54 E Chestnut St

31 E Chestnut St

1043 W Madison St, Unit 27R

925 W Randolph St, Unit 2F

42 E Superior St, Unit 9F

2107 W Coulter St

32 W Superior St
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 Homes for Rent | $3,450 | $1,495 | $10,000+ |
| Downtown Chicago 3 Bedroom Homes for Rent | $4,523 | $730 | $10,000+ |
| Downtown Chicago 4 Bedroom Homes for Rent | $5,258 | $760 | $10,000+ |
| Downtown Chicago 5 Bedroom Homes for Rent | $4,825 | $980 | $8,500 |
| Downtown Chicago 6 Bedroom Homes for Rent | $25,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 279 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
What type of rentals are currently available in Downtown Chicago?
There are currently 2201 Apartments for Rent in Downtown Chicago, IL with pricing that ranges from $450 to $77,776. There are also 1664 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Chicago ranging from $730 to $25,000.
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 $730 to $25,000 with an average monthly rent of $6,786.
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 $800 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $730 to $16,000. Four Bedroom Single-Family rentals are also available starting from $760 and Four Bedroom Apartments start at $1,040.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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!










