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


The Sovereign

Bryn Mawr Belle Shore

6011 N Kenmore St

The Edison

5425 N Kenmore Ave, Unit 304

1108 W Rosemont Ave, Unit #514

6233 N Winthrop Ave, Unit #413
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.

5710 N Winthrop Ave

1040 W Hollywood Ave

6030 N Kenmore Ave

5710 N Winthrop Ave
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.

1025 W Hollywood Ave

5662 N Ridge Ave

5662 N Ridge Ave

Wyndham Apartments

5722 N Winthrop Ave, Unit 511

5852 N Sheridan Rd, Unit 207

6022 N Winthrop Ave, Unit 1c

6008 N Winthrop Ave, Unit 110

5863 N Kenmore Ave, Unit 305

Kenmore Place - 6119 N Kenmore Ave
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.

The Maynard at 5115 N Sheridan

5326 N Winthrop Ave

6345 N Magnolia Ave, Unit 2De

6211 N Kenmore Ave

6343 N Magnolia Ave

5701 N Sheridan Rd
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.
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
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 | $1,362 | $700 | $2,648 |
Edgewater 1 Bedroom Apartments | $1,893 | $945 | $3,864 |
Edgewater 2 Bedroom Apartments | $2,542 | $1,800 | $5,478 |
Edgewater 3 Bedroom Apartments | $3,567 | $2,699 | $4,800 |
Edgewater 4 Bedroom Apartments | $5,008 | $3,850 | $10,000+ |
Explore Chicago
Edgewater, 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.
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 $1,160.
What is the price of a cheap apartment in Edgewater?
The cheapest apartment in Edgewater is Bryn Mawr Belle Shore which is listed at $900, while the average apartment in Edgewater costs $4,250.
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 $159 which is $4,091 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.

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.