Cheap Studio Apartments for Rent in the Edgewater Neighborhood of Chicago, IL from $700 (76 Rentals)

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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.

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The 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.

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Cash 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.

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Ridge-Magnolia
Studio Apartments

Ridge-Magnolia

5643-5655 N Ridge AveChicago, IL 60660
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The Coronado
Studio Apartments

The Coronado

1061 W Rosemont AveChicago, IL 60660
  • Utilities Included

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.

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6131 N Winthrop Ave
Studio Apartments

6131 N Winthrop Ave

6131 N Winthrop AveChicago, IL 60660
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6301 N Winthrop Ave
Studio Apartments

6301 N Winthrop Ave

6301 N Winthrop AveChicago, IL 60660
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Lake Lane Apartments
Studio Apartments

Lake Lane Apartments

6214 N Winthrop AveChicago, IL 60660
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6163 N Kenmore Ave
Studio Apartments

6163 N Kenmore Ave

6163 N Kenmore AveChicago, IL 60660
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1203 W Balmoral
Studio Apartments

1203 W Balmoral

1203 W Balmoral AveChicago, IL 60640
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1016 W Hollywood Ave
Studio Apartments

1016 W Hollywood Ave

1016 W Hollywood AveChicago, IL 60660
  • Utilities Included
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The Joseph
Studio Apartments

The Joseph

5450 N Winthrop AveChicago, IL 60640
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5634 N Kenmore Ave
Studio Apartments

5634 N Kenmore Ave

5634 N Kenmore AveChicago, IL 60660
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6031 N Kenmore Ave
Studio Apartments

6031 N Kenmore Ave

6031 N Kenmore AveChicago, IL 60660
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5820 N Sheridan Rd
Studio Apartments

5820 N Sheridan Rd

5820 N Sheridan RdChicago, IL 60660
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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.

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Showing Results 1-50, Page 1 of 2

Edgewater, Chicago, IL Local Guide

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.

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Getting Around the Edgewater Neighborhood in Chicago, IL

Walk Score®

91 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

87 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

70 / 100

Excellent Transit

Transit is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,185.

What is the price of a cheap apartment in Edgewater?

The cheapest apartment in Edgewater is 5433 N Kenmore Ave which is listed at $925, 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 10 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 $199 which is $3,801 cheaper than the average rent for all rentals in Edgewater.

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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.