
Homes for Rent in Downtown Chicago Neighborhood of Chicago, IL Under $2,000 (206 Rentals)


1451 S Halsted St, Unit 1451

1500 W Monroe St, Unit 117

1464 S Michigan Ave, Unit 2106

200 N Dearborn St, Unit 2405

300 N State St, Unit 3826

899 S Plymouth Ct, Unit 404

1845 S Michigan Ave, Unit 01204

300 N State St, Unit 3826
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.

1440 S Michigan Ave, Unit 322

1550 S Blue Island Ave, Unit 711

732 S Financial Pl, Unit 419

711 N Hoyne Ave, Unit 1N

711 N Hoyne Ave, Unit 1n

535 N Michigan Ave, Unit 2507

425 E Erie St, Unit 1

630 S Clark St, Unit 3711

233 E Erie St, Unit 1506

1226 N Dearborn St, Unit 33C

1133 S Wabash Ave, Unit 303
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.

235 W Van Buren St, Unit 2120-S

700 N Noble St, Unit 2W

700 N Noble St, Unit 2w

400 E Randolph St, Unit 2521

899 S Plymouth Ct, Unit 1705

850 N Dewitt Pl, Unit 22F

1122 N Clark St, Unit 1122
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.

1400 S Michigan Ave, Unit 27G

755 N Wells St, Unit 2

899 S Plymouth Ct, Unit 1806

401 E Ontario St, Unit 2501

111 E Chestnut St, Unit 23b

152 W Superior St, Unit 4R

209 W 23rd St, Unit 2

1160 S Michigan Ave, Unit 1606

1910 S Michigan Ave, Unit 301

40 E Cedar St, Unit 15E
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

777 N Michigan Ave, Unit 904

1018 W Fry St, Unit CH1

401 E Ontario St, Unit 2811

1620 S Michigan Ave, Unit 513

816 W 18th St, Unit 2R

1431 W Flournoy St, Unit G

1436 W Lexington St, Unit 1-R

1917 S Racine Ave, Unit 1F

253 E Delaware Pl, Unit 5B

2113 W 18th St, Unit 1F

1022 N Damen Ave, Unit 1022-1

1022 N Damen Ave, Unit 1

1160 N Dearborn St, Unit #212
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 | $3,515 | $1,100 | $10,000+ |
Downtown Chicago 3 Bedroom Homes for Rent | $5,041 | $875 | $10,000+ |
Downtown Chicago 4 Bedroom Homes for Rent | $5,524 | $950 | $10,000+ |
Downtown Chicago 5 Bedroom Homes for Rent | $5,356 | $1,130 | $10,000+ |
Downtown Chicago 6 Bedroom Homes for Rent | $20,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 206 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
Quick 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.
Frequently Asked Questions about Downtown Chicago
What type of rentals are currently available in Downtown Chicago?
There are currently 2258 Apartments for Rent in Downtown Chicago, IL with pricing that ranges from $800 to $77,776. There are also 1707 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Chicago ranging from $875 to $35,000.
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 $875 to $35,000 with an average monthly rent of $6,278.
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 $1,075 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $30,000. Four Bedroom Single-Family rentals are also available starting from $950 and Four Bedroom Apartments start at $1,040.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.