
Homes for Rent in Downtown Chicago Neighborhood of Chicago, IL Under $2,000 (87 Rentals)


1845 S Michigan Ave, Unit 01204

209 W 23rd St, Unit 2

111 E Chestnut St

70 W Huron St, Unit 12

152 W Superior St, Unit 4R

211 E Ohio St, Unit 2513

1022 N Damen Ave, Unit 10

777 N Michigan Ave

2031 W 23rd St, Unit 2
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.

440 N Wabash Ave, Unit 510

70 Huron W St, Unit 1101

70 W Huron St

1503 W 19th St, Unit 4R

926 W 32nd Pl, Unit G

1160 N Dearborn St, Unit #213

1118 W Washburne Ave, Unit 301

1401 S State St, Unit 1401 South State St

259 W Alexander St, Unit 2

1241 N Milwaukee Ave, Unit 507
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!

253 E Delaware Pl, Unit 17

Total Monthly Price
61 W Erie St, Unit SI FL5-ID1412

254 W 31st St, Unit 2F

Total Monthly Price
188 N Wells St, Unit SI FL3-ID1236

1229 N Dearborn St

2008 S Loomis St, Unit 1R

1800 W 21st Pl, Unit 1

Total Monthly Price
61 W Erie St, Unit SI FL3-ID1400

3215 S Throop St, Unit 1F

2906 S Wells St, Unit 2
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.

1929 W 21st Pl, Unit B

1140 N La Salle Dr, Unit 828

1023 N Dearborn, Unit 103

1023 N Dearborn St, Unit 502

1023 N Dearborn St, Unit 615

1023 N Dearborn St, Unit 413

1023 N Dearborn St, Unit 312

440 N Wabash Ave, Unit 510

1700 W Cermak Rd, Unit BR

2031 W 23rd St, Unit #6
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!

1487 S Blue Island Ave

1854 W 18th St, Unit 1R

1140 N La Salle Dr, Unit 803

1140 N La Salle Dr, Unit 206

1140 N La Salle Dr, Unit 716

906 S Bishop St, Unit G

1022 W Fry St, Unit CH1

1503 W 19th St, Unit 3R

1121 W Van Buren St

1732 W 17th St, Unit 1RFB
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.
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 | $3,809 | $1,500 | $10,000+ |
| Downtown Chicago 3 Bedroom Homes for Rent | $4,900 | $1,080 | $10,000+ |
| Downtown Chicago 4 Bedroom Homes for Rent | $7,703 | $1,210 | $10,000+ |
| Downtown Chicago 5 Bedroom Homes for Rent | $12,450 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 87 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 2143 Apartments for Rent in Downtown Chicago, IL with pricing that ranges from $900 to $48,409. There are also 1362 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Chicago ranging from $1,080 to $20,000.
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 $1,080 to $20,000 with an average monthly rent of $5,305.
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 $989 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,080 to $11,200. Four Bedroom Single-Family rentals are also available starting from $1,210 and Four Bedroom Apartments start at $924.
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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.