
Homes for Rent by Owner in the Downtown Chicago Neighborhood of Chicago, IL (77 Rentals)


950 W Monroe St, Unit 414

1424 W Walton St, Unit 2

849 W Ohio St

3001 S Michigan Ave, Unit 1505

641 W Grand Ave, Unit S

1400 S Michigan Ave, Unit 27G

801 S Plymouth Ct, Unit 319

1122 N Clark St, Unit 1122

535 N michigan Ave, Unit 2507
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.

1550 S Blue Island Ave, Unit 617

1043 W Madison St, Unit 27R

1226 N Dearborn St, Unit 33C

42 E Superior St, Unit 9F

1918 S Michigan Ave, Unit 202

474 N Lake Shore Dr, Unit High floor 1 bed

1717 S Prairie Ave, Unit 1307

1111 S Wabash Ave, Unit 1605

1111 S Wabash Ave, Unit 23D

622 N May St, Unit May St
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.

1247 N Cleaver St, Unit BR

705 S Clark St, Unit 44G

700 S Clark St, Unit 13D

30 E Huron St, Unit #2106

600 W Chicago Ave, Unit 1609

25 E Superior St, Unit 15T

740 W Fulton St, Unit 34F

611 S Wells St, Unit 1609

200 N Jefferson St, Unit 21A

933 W Van Buren St
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!

200 N Jefferson St, Unit 3711

701 S Dearborn St, Unit 1607

303 W Ohio St, Unit 33D

8 E Randolph

850 W Jackson Blvd, Unit 13E

630 N Franklin St, Unit 1008

33 W Ontario St, Unit 15E

30 E Huron St, Unit 30 E huron street 4310

701 S Wells St, Unit 1405

512 N McClurg Ct, Unit 4511
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.

740 W Fulton St, Unit 511

2807 S Halsted St, Unit #309

777 N Michigan Ave, Unit 1609

450 E Waterside Dr, Unit 2106

50 E 16th St, Unit 2 bed corner in south loop

8 E Randolph St, Unit 10A

1040 W Adams St, Unit 1040 W Adams

857 N La Salle Dr, Unit G

1116 W Hubbard St, Unit West Loop

360 E Randolph St, Unit 25B
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $3,752 | $900 | $10,000+ |
| Downtown Chicago 3 Bedroom Homes for Rent | $5,916 | $910 | $10,000+ |
| Downtown Chicago 4 Bedroom Homes for Rent | $6,486 | $1,160 | $10,000+ |
| Downtown Chicago 5 Bedroom Homes for Rent | $12,500 | $6,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 77 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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A 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.
Read ArticleQuick 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.
Best Local Schools in Downtown Chicago, Chicago, IL
South Loop Elementary School
Jones College Prep High School
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 $900 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 $900 to $32,500 with an average monthly rent of $3,392.
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.