
Cheap Condos for Rent in Chicago, IL from $700 (1,157 Rentals) Page 2 of 24
Search the lowest-cost Condos available for rent right now in Chicago.


3258 Maple Ave

1135 W Lunt Ave, Unit 307

6716 S Merrill Ave, Unit 1W

6716 S Merrill Ave

8058 S Hermitage Ave

7337 S South Shore Dr

7831 Roberts Rd

7149 S Constance Ave, Unit W3

1717 W North Shore Ave, Unit 1B
Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

1717 W North Shore Ave, Unit 2E

1717 W North Shore Ave, Unit 1F

7147 S Constance Ave, Unit E3

6601 S Green St

2907 W 56th St

1415 W Lunt Ave

4021 S Ellis Ave

6125 S Champlain Ave, Unit G

348 W 74th St, Unit 354-3E

7337 S South Shore Dr, Unit 1421
Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

1400 Chicago Ave, Unit 206

1712 W Albion Ave, Unit 1716-1i

1400 Chicago Ave, Unit 501

4650 N Elston Ave, Unit 4656-C5

3115 W Foster Ave, Unit 3117-D3

1400 Chicago Ave, Unit 702

1400 Chicago Ave, Unit 602

7445 N Greenview Ave

1415 W 66th St

5736 N Winthrop Ave, Unit 40-309
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

6256 W 64th Pl, Unit 202
4612 N Beacon St, Unit 4612-3D

948 W Cuyler Ave, Unit 314

3824 N Fremont St, Unit 113

4842 N Damen Ave, Unit 601

1421 W Farwell Ave, Unit 206

1145 W Morse Ave, Unit 105

7735 N Sheridan Rd, Unit 2

1333 W Birchwood Ave, Unit 408

1421 W Farwell Ave, Unit 208
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.

948 W Cuyler Ave, Unit 103

948 W Cuyler Ave, Unit 102

948 W Cuyler Ave, Unit 108

1145 W Morse Ave, Unit 304

1145 W Morse Ave, Unit 207

1145 W Morse Ave, Unit 307

948 W Cuyler Ave, Unit 104

948 W Cuyler Ave, Unit 215

948 W Cuyler Ave, Unit 303

948 W Cuyler Ave, Unit 209
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.
Chicago, IL Local Guide

How much does it cost to rent a home in Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chicago 2 Bedroom Homes for Rent | $2,864 | $995 | $10,000+ |
| Chicago 3 Bedroom Homes for Rent | $3,469 | $850 | $10,000+ |
| Chicago 4 Bedroom Homes for Rent | $4,551 | $750 | $10,000+ |
| Chicago 5 Bedroom Homes for Rent | $7,314 | $2,000 | $10,000+ |
| Chicago 6 Bedroom Homes for Rent | $7,890 | $1,750 | $10,000+ |
| Chicago 7 Bedroom Homes for Rent | $7,516 | $3,550 | $10,000+ |
Explore Chicago
Chicago, IL Area Reviews
Nicole • 4+ years in Chicago
April 10, 2026Big city challenges with traffic but also provides the amenities of the city you can't find elsewhere
Frequently Asked Questions about Chicago
What type of rentals are currently available in Chicago?
There are currently 24168 Apartments for Rent in Chicago, IL with pricing that ranges from $600 to $48,409. There are also 5116 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chicago ranging from $750 to $58,000.
What is the current price range for Rental Homes in Chicago?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Chicago ranges from $750 to $58,000 with an average monthly rent of $5,168.
How much are larger Three and Four Bedroom Rentals in Chicago?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Chicago range from $883 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $40,000. Four Bedroom Single-Family rentals are also available starting from $750 and Four Bedroom Apartments start at $970.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.