
Cheap 1 Bedroom Apartments for Rent in the Edgewater Neighborhood of Chicago, IL from $945 (95 Rentals)


1040 W Hollywood Ave, Unit 306

Total Monthly Price
5665 N Ridge Ave

Total Monthly Price
5666 N Ridge Ave, Unit ONE BEDROOM - 5662- 1J, Unit ONE BEDROOM - 5662- 1J

1726 W Thome Ave, Unit 2

5662 N Ridge Ave

Wyndham Apartments

6040 N Sheridan Rd

5662 N Ridge Ave, Unit 70-3S

5670 N Ridge Ave, Unit S4
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

5662 N Ridge Ave

5670 N Ridge Ave, Unit S2

5662 N Ridge Ave, Unit 70-1S

6040 N Sheridan Rd

5945 N Paulina St

5679 N Ridge Ave, Unit J01P, Unit J01P

5662 N Ridge Ave, Unit 62-1E

5662 N Ridge Ave, Unit E2

5662 N Ridge Ave

5662 N Ridge Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

5662 N Ridge Ave

Total Monthly Price
5668 N Ridge Ave, Unit ONE BEDROOM - 5662 2H, Unit ONE BEDROOM - 5662 2H

1743 W Bryn Mawr Ave, Unit 11

1735 W Bryn Mawr Ave, Unit 16

930 W. Winona

1735 W Bryn Mawr Ave

1613 W Thome Ave, Unit 1

1613 W Thome Ave

1613 W Thome Ave, Unit 1, Unit 1

6401 N Sheridan Rd
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

5641 N Magnolia Ave

5639 N Magnolia Ave

6030 N Sheridan Rd, Unit 1405, Unit 1405

5326 N Winthrop Ave

6401 N Sheridan Rd

6401 N Sheridan Rd

Sheridan Lake - 6401 N Sheridan Rd

Beachside Apartments

The Maynard at 5115 N Sheridan

6401 N Sheridan Rd
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.

5440-42 N Winthrop Ave

6401 N Sheridan Rd

Total Monthly Price
1620 W Thome Ave, Unit Best, Unit Best

6002 N Kenmore Ave

5517 N Kenmore Ave, Unit 101G, Unit 101G

5100 N Marine Dr, Unit 5D

Hollywood Beach

6131 N Winthrop Ave

6301 N Winthrop Ave

Lake Lane Apartments
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!
Edgewater, Chicago, IL Local Guide

How much does it cost to rent an apartment in Edgewater?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Edgewater Studio Apartments | $1,404 | $700 | $2,000 |
Edgewater 1 Bedroom Apartments | $1,865 | $945 | $3,226 |
| Edgewater 2 Bedroom Apartments | $2,634 | $1,700 | $7,542 |
| Edgewater 3 Bedroom Apartments | $4,450 | $2,800 | $10,000+ |
| Edgewater 4 Bedroom Apartments | $7,248 | $3,395 | $10,000+ |
Explore Chicago
Edgewater, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
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.
Best Local Schools in Edgewater, Chicago, IL
Goudy Technology Academy
School data provided by Great Schools
Frequently Asked Questions about Cheap Edgewater Apartments
What is a cheap apartment in Edgewater?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Edgewater is under $1,200.
What is the price of a cheap apartment in Edgewater?
The cheapest apartment in Edgewater is Wyndham Apartments which is listed at $1,421, while the average apartment in Edgewater costs $4,000.
What types of apartments are the cheapest in Edgewater?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Edgewater that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Edgewater?
Cheap apartments in Edgewater have an average cost of $169 which is $3,831 cheaper than the average rent for all rentals in Edgewater.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.