Cheap Apartments for Rent in the Gold Coast Neighborhood of Chicago, IL from $800 (57 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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property at 777 N Michigan Ave

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

Studio, 1 Bath Condo for Rent

Available Jun 1

777 N Michigan Ave, Unit 904, Unit 904

777 N Michigan Ave
ChicagoIL60611

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

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property at 1 E Scott St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

Studio, 1 Bath Condo for Rent

Available Now

1 E Scott St, Unit 1107, Unit 1107

1 E Scott St
ChicagoIL60610
property at 1244 N Dearborn St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

Studio, 1 Bath Condo for Rent

Available Now

1244 N Dearborn St, Unit 3R, Unit 3R

1244 N Dearborn St
ChicagoIL60610

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property at 1226 N Dearborn St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100
Total Monthly Price
$2,100

Studio, 1 Bath Condo for Rent

Available Now

1226 N Dearborn St, Unit 33C, Unit 33C

1226 N Dearborn St
ChicagoIL60610
property at 1122 N Clark St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100
Total Monthly Price
$2,100

Studio, 1 Bath Condo for Rent

Available Now

1122 N Clark St, Unit 1122, Unit 1122

1122 N Clark St
ChicagoIL60610
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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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1504 N Dearborn Pkwy
Studio to 3 Bedroom Apartments

1504 N Dearborn Pkwy

1504 N Dearborn PkyChicago, IL 60610
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35 E Division St
Studio to 1 Bedroom Apartments

35 E Division St

35 E Division StChicago, IL 60610
  • Utilities Included
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1100 N Dearborn
Studio to 2 Bedroom Apartments

1100 N Dearborn

1100 N Dearborn StChicago, IL 60610
  • Utilities Included
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10 West Elm
Studio to 1 Bedroom Apartments

10 West Elm

10 W Elm StChicago, 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 $1,245. 25 E. Delaware has the second lowest priced unit, which is a Studio apartment currently listed from $1,395. Here are the most affordable Gold Coast apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
11 W. DivisionStudioStudio,1BA$1,245
25 E. DelawareStudio 1Studio,1BA$1,395
1036 N. DearbornStudioStudio,1BA$1,395
18 E. ElmStudioStudio,1BA$1,445
211 E. DelawareStudioStudio,1BA$1,465
Park DearbornPullmanStudio,1BA$1,525
244 E. PearsonStudioStudio,1BA$1,725

Best Value Apartments for Rent in Gold Coast, IL

As of May 19, 2026 the best value apartment in the Gold Coast area is the $2.88 price per square foot 2-BR/2BA Model at 750 N. Rush in the in the Magnificent Mile neighborhood starting from $3,557. The second greatest value Gold Coast apartment is the 2-BR/1BA Model at 100 W. Chestnut starting at $3,150 with a $3.21 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.
750 N. Rush2-BR/2BA2BR,2BA$2.88
100 W. Chestnut2-BR/1BA2BR,1BA$3.21
18 E. Elm2 Bedroom / 2 Bathroom2BR,2BA$2.94
1226 N Dearborn St1226 N Dearborn St2BR,1BA$2.82
Asbury PlazaDeluxe One Bedroom1BR,1BA$2.91
1133 N. Dearborn1-BR/1BA1BR,1BA$2.89
1451 N Dearborn St, Unit E01P1451 N Dearborn St1BR,1BA$3.42
1427 N Dearborn St1427 N Dearborn St1BR,1BA$3.38
1433 N Dearborn St, Unit A21433 N Dearborn St1BR,1BA$3.53
1435 N Dearborn St1435 N Dearborn St1BR,1BA$3.83

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.

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Best 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

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A 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

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Real 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.

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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!

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 $1,725.

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

The cheapest apartment in Gold Coast is 18 E. Elm which is listed at $1,895, while the average apartment in Gold Coast costs $30,720.

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 5 regular apartments in Gold Coast that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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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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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.

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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.

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Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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