
Cheap Homes for Rent in Downtown Chicago Neighborhood of Chicago, IL from $700 (276 Rentals) Page 6 of 6
Search the lowest-cost Homes available for rent right now in the Downtown Chicago area of Chicago.


49 E 14th St

1169 N Dearborn St

1164 N Dearborn St

1200 W Gladys Ave

70 W Huron St

175 W Randolph St

200 W Superior St, Unit 2706B

40 E 9th St, Unit Unit 417

1133 S State St

230 E Ontario St

3001 S Michigan Ave

1440 S Michigan Ave

2821 S Emerald Ave

1345 S Wabash Ave, Unit 1007

130 N Garland Ct, Unit 2901

40 E 9th St, Unit 417

230 E Ontario St, Unit 1503

3001 S Michigan Ave, Unit 23

1720 S Michigan Ave, Unit 805

1845 S Michigan Ave, Unit 01204

40 E 9th St

340 E North Water St

2 W Division St

1720 S Michigan Ave
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 276 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 2197 Apartments for Rent in Downtown Chicago, IL with pricing that ranges from $450 to $77,776. There are also 1631 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!
