Cheap Apartments for Rent in the Gold Coast Neighborhood of Chicago, IL from $800 (55 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Gold Coast area of Chicago.

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1430 N Dearborn St
Studio to 1 Bedroom Apartments

1430 N Dearborn St

1430 N Dearborn StChicago, IL 60610
  • Utilities Included
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Stanford Apartments
Studio to 1 Bedroom Apartments

Stanford Apartments

1164 N DearbornChicago, IL 60610
  • Utilities Included
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1504 N Dearborn Pkwy
Studio to 3 Bedroom Apartments

1504 N Dearborn Pkwy

1504 N Dearborn PkyChicago, IL 60610
  • Utilities Included

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Gold Coast, Chicago, IL Local Guide

Cheapest Available Gold Coast Apartments for Rent

 

The cheapest available apartment rental in the Gold Coast area of Chicago, IL is a Studio unit found at 11 W. Division priced from $1,275. 25 E. Delaware has the second lowest priced unit, which is a Studio apartment currently listed from $1,365. Here are the most affordable Gold Coast apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
11 W. DivisionStudioStudio,1BA$1,275
25 E. DelawareStudio 1Studio,1BA$1,365
18 E. ElmStudio 1Studio,1BA$1,425
211 E. DelawareStudioStudio,1BA$1,425

Best Value Apartments for Rent in Gold Coast, IL

As of November 11, 2025 the best value apartment in the Gold Coast area is the $0.19 price per square foot 1435 N Dearborn St Model at 1435 N Dearborn St, Unit B4 in the in the Magnificent Mile neighborhood starting from $1,895. The second greatest value Gold Coast apartment is the 1224 N Dearborn St Model at 1224 N Dearborn St, Unit 1220-2A starting at $2,450 with a $2.45 price per square foot in the Magnificent Mile neighborhood. Here is today’s list of the best values for Gold Coast apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1435 N Dearborn St, Unit B41435 N Dearborn St1BR,1BA$0.19
1224 N Dearborn St, Unit 1220-2A1224 N Dearborn St2BR,1BA$2.45
1226 N Dearborn St, Unit A21226 N Dearborn St2BR,1BA$2.58
1224 N Dearborn St, Unit A21224 N Dearborn St2BR,1BA$2.77
Lakeside 800Three Bedroom3BR,1BA$2.54
745 N Dearborn St745 N Dearborn St1BR,1BA$2.63
1437 N Dearborn St, Unit 1435- 2C1437 N Dearborn St1BR,1BA$2.56
1435 N Dearborn St, Unit 4B1435 N Dearborn St1BR,1BA$2.49
1421 N Dearborn St, Unit 1425-2D1421 N Dearborn St1BR,1BA$2.66
1427 N Dearborn St, Unit D21427 N Dearborn St1BR,1BA$2.79

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

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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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Pet Friendly Lifestyle
Gold Coast, Chicago, IL

Ranked #25

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across Illinois, including Chicago. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and proximity to parks, pet-friendly features, family-friendliness, proximity to transit, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Gold Coast Neighborhood in Chicago, IL

Walk Score®

99 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

85 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

85 / 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 Gold Coast Apartments

What is a cheap apartment in Gold Coast?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Gold Coast is under $1,425.

What is the price of a cheap apartment in Gold Coast?

The cheapest apartment in Gold Coast is The Seneca Apartments which is listed at $1,955, while the average apartment in Gold Coast costs $20,836.

What types of apartments are the cheapest in Gold Coast?

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 15 regular apartments in Gold Coast 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 Gold Coast?

Cheap apartments in Gold Coast have an average cost of $208 which is $20,628 cheaper than the average rent for all rentals in Gold Coast.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.