
Homes for Rent by Owner in Downtown Chicago Neighborhood of Chicago, IL (91 Rentals)


1518 W Augusta Blvd, Unit 3

400 E Randolph St, Unit Apartment Unit # 3905

651 N Milwaukee Ave, Unit 301

212 E Cullerton St, Unit 911

535 N Michigan Ave, Unit 407

733 N Noble St

40 E Cedar St, Unit 15E

233 E Erie St, Unit 233 E Erie Unit 1408

401 E Ontario St, Unit 2811
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!

1122 N Clark St, Unit 1122

1400 S Michigan Ave, Unit 27G

1226 N Dearborn St, Unit 33C

1255 S State St, Unit 15B

535 N Michigan Ave, Unit 2507

42 E Superior St, Unit 9F

925 W Randolph St, Unit 2F

1043 W Madison St, Unit 27R

1235 N La Salle Dr, Unit 3B

641 W Grand Ave, Unit S
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.

235 W Van Buren St, Unit 4420

1345 S Wabash Ave, Unit 1007

40 E 9th St, Unit 417

1160 N Dearborn St, Unit 502

235 W Van Buren St, Unit 2421

3018 S Union Ave, Unit 1

565 W Quincy St, Unit 25A

1122 N Clark St, Unit 1810

401 E Ontario St

900 N Lake Shore Dr, Unit 1211
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

200 N Jefferson St, Unit 21A

1111 S Wabash Ave, Unit 1605

659 W Randolph St, Unit #903

1620 S Michigan Ave, Unit 825

1122 N Dearborn St, Unit 0

1111 S Wabash Ave, Unit 23D

400 E Randolph St, Unit 2402

739 S Clark St, Unit 1

611 S Wells St, Unit 1609

701 S Dearborn St, Unit 1607
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

8 E Randolph, Unit 1607

740 W Fulton St, Unit 804

1324 W Ohio St, Unit 2R

1717 S Prairie Ave, Unit 1307

303 W Ohio St, Unit 33D

933 W Van Buren St, Unit 718

545 N Dearborn St, Unit 902

1040 W Adams St, Unit 226

2005 W Race Ave, Unit 2

630 N Franklin St, Unit 1008
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
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 91 rentals with your search options within a 2 mile radius of the Downtown Chicago Neighborhood of Chicago, IL.
Explore Chicago
Downtown Chicago, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 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.
Pet Friendly LifestyleDowntown Chicago, Chicago, IL
Ranked #2
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 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!