Cheap Apartments for Rent in the Gold Coast Neighborhood of Chicago, IL from $800 (81 Rentals)

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

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.

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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.

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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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55 W. Chestnut
$1,789 - $3,323
Total Monthly Price

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$1,789 - $3,323
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Studio to 2 Bedroom Apartments Available Aug 1

55 W. Chestnut

55 W Chestnut StChicago, IL 60610
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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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property at 1325 N Dearborn St

$1,795

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Total Monthly Price

Base Rent
$1,795
Total Monthly Price
$1,795

Studio, 1 Bath Condo for Rent

Available Aug 1

1325 N Dearborn St, Unit 607

1325 N Dearborn St
ChicagoIL60610
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1111 N. Dearborn
$1,824 - $4,902
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$1,824 - $4,902
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Studio to 3 Bedroom Apartments Available Now

1111 N. Dearborn

1111 N Dearborn StChicago, IL 60610
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1133 N. Dearborn
$1,869 - $4,064
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$1,869 - $4,064
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Studio to 2 Bedroom Apartments Available Now

1133 N. Dearborn

1133 N Dearborn StChicago, IL 60610
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property at 777 N Michigan Ave

$1,950 - $2,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,950 - $2,050
Total Monthly Price
$1,950 - $2,050

Studio, 1 Bath Condo for Rent

Available Now

777 N Michigan Ave

ChicagoIL60611

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 $1,295. 1036 N. Dearborn has the second lowest priced unit, which is a Studio apartment currently listed from $1,375. Here are the most affordable Gold Coast apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
11 W. DivisionStudioStudio,1BA$1,295
1036 N. DearbornStudioStudio,1BA$1,375
25 E. DelawareStudio 1Studio,1BA$1,425
211 E. DelawareStudioStudio,1BA$1,445
18 E. ElmStudioStudio,1BA$1,495
Park DearbornKitchenetteStudio,1BA$1,500
1111 N. DearbornSTUD/1BAStudio,1BA$1,824

Best Value Apartments for Rent in Gold Coast, IL

As of July 04, 2026 the best value apartment in the Gold Coast area is the $2.86 price per square foot 1435 N Dearborn St Model at 1435 N Dearborn St in the in the Magnificent Mile neighborhood starting from $4,000. The second greatest value Gold Coast apartment is the One Bedroom Model at Elm Street Plaza starting at $2,593 with a $2.88 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 St1435 N Dearborn St2BR,2BA$2.86
Elm Street PlazaOne Bedroom1BR,1BA$2.88
750 N. Rush1-BR/1BA1BR,1BA$3.06
Asbury PlazaDeluxe One Bedroom1BR,1BA$2.93
1133 N. Dearborn1-BR/1BA1BR,1BA$2.97
1435 N Dearborn St1435 N Dearborn St1BR,1BA$2.99
1350 N Dearborn St1350 N Dearborn St1BR,1BA$3.37
65 East ScottOne Bedroom1BR,1BA$3.07
1424 N Dearborn St, Unit A06C1424 N Dearborn St1BR,1BA$3.28
1427 N Dearborn St1427 N Dearborn St1BR,1BA$3.38

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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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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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 the Cheapest Studio apartment in Gold Coast?

Currently the most affordable Cheap Studio Apartment in Gold Coast is at 11 W. Division listed at $1,295.

How much is rent for a Cheap One Bedroom Gold Coast Apartment?

The lowest price for a Cheap One Bedroom Gold Coast Apartment is $1,895 at 18 E. Elm.

What is the lowest price for a Cheap Two Bedroom Gold Coast Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Gold Coast is starting from $3,642 at 750 N. Rush.

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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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.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

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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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.