
Cheap Studio Apartments for Rent in the Edgewater Neighborhood of Chicago, IL from $700 (105 Rentals)


Bryn Mawr Belle Shore

The Sovereign

Total Monthly Price
6332 N Magnolia Ave, Unit 3W, Unit 3W

The Edison

1040 Hollywood

Total Monthly Price
5425 N Kenmore Ave

1040 W Hollywood Ave, Unit 320

1061 W Rosemont Ave, Unit 415

6039 N Kenmore Ave, Unit 3
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

Total Monthly Price
6106 N Kenmore Ave, Unit #30, Unit #30

6011 N Winthrop Ave, Unit 314

6347 N Magnolia Ave

Total Monthly Price
5859 N Winthrop Ave, Unit #207, Unit #207

5717 N Winthrop Ave

Hollywood Beach

Winthrop Place

5909 N Kenmore Ave, Unit 207

6011 N Winthrop Ave, Unit 407

5917 N Kenmore Ave, Unit 325
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

6011 N Winthrop Ave, Unit 407

6011 N Winthrop Ave, Unit 207

Total Monthly Price
5847 N Kenmore Ave, Unit #325, Unit #325

6011 N Winthrop Ave, Unit 207

5820 N Sheridan Rd, Unit 507

5820 N Sheridan Rd, Unit 705

5820 N Sheridan Rd, Unit 301

5820 N Sheridan Rd, Unit 103

6006 N Kenmore Ave, Unit 205

6011 N Winthrop Ave, Unit 101
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.

5847 N Winthrop Ave, Unit 101

5746 N Sheridan Rd

Winthrop Manor

5917 N Kenmore Ave, Unit 426

The Maynard at 5115 N Sheridan

5326 N Winthrop Ave

6022 N Winthrop Ave

6341 N Magnolia Ave, Unit 41-1A

6341 N Magnolia Ave, Unit A2

Wyndham Apartments
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.

5415 N Sheridan Rd, Unit 4703

Total Monthly Price
1553 W Hollywood Ave

5536 N Sheridan Rd, Unit unit 509

Anderson Point

6002 N Kenmore Ave

Edge @ Sheridan - 5910 N Sheridan Rd

Sheridan Tower - 5650 N Sheridan Rd

EDGE on Broadway

Sheridan Glen - 6040 N Sheridan Rd

The June
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.
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 | $1,393 | $700 | $2,000 |
| Edgewater 1 Bedroom Apartments | $1,901 | $945 | $2,890 |
| Edgewater 2 Bedroom Apartments | $2,757 | $1,700 | $5,948 |
| Edgewater 3 Bedroom Apartments | $3,854 | $2,500 | $10,000+ |
| Edgewater 4 Bedroom Apartments | $6,473 | $3,395 | $10,000+ |
Explore Chicago
Edgewater, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Don'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 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 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 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 $1,350.
What is the price of a cheap apartment in Edgewater?
The cheapest apartment in Edgewater is Bryn Mawr Belle Shore which is listed at $986, 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 7 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 $165 which is $3,835 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.