Cheap Condos for Rent in Chicago, IL from $700 (905 Rentals) Page 3 of 19

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Search the lowest-cost Condos available for rent right now in Chicago.

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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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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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.

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property at 1515 W Morse Ave

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

Studio, 1 Bath Condo for Rent

Available Sep 1

1515 W Morse Ave, Unit STUDIO

1515 W Morse Ave
ChicagoIL60626
property at 3711 N Pine Grove Ave

$1,300 - $1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $1,800
Total Monthly Price
$1,300 - $1,800

Studio To 1 Bedroom Condos for Rent

Available Now

3711 N Pine Grove Ave

ChicagoIL60613
property at 1401 E 55th St

$1,300 - $1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $1,950
Total Monthly Price
$1,300 - $1,950

2 Bedroom, 2 Bath Condo for Rent

Available Now

1401 E 55th St

ChicagoIL60615
property at 515 W Belmont Ave

$1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,325
Total Monthly Price
$1,325

Studio, 1 Bath Condo for Rent

Available Sep 1

515 W Belmont Ave, Unit 5L

515 W Belmont Ave
ChicagoIL60657
property at 5641 Circle Dr

$1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,325
Total Monthly Price
$1,325

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

5641 Circle Dr, Unit 203

5641 Circle Dr
Oak LawnIL60453

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.

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property at 1367 E 53rd St

$1,340

Total Monthly Price

Total Monthly Price

Base Rent
$1,340
Total Monthly Price
$1,340

Studio, 1 Bath Condo for Rent

Available Now

1367 E 53rd St, Unit 3

1367 E 53rd St
ChicagoIL60615

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 101-150, Page 3 of 19

Chicago, IL Area Reviews

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Nicole • 4+ years in Chicago

April 10, 2026

Big 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 24086 Apartments for Rent in Chicago, IL with pricing that ranges from $595 to $43,181. There are also 5260 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chicago ranging from $700 to $40,000.

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 $700 to $40,000 with an average monthly rent of $2,749.

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 $980 to $40,000. Four Bedroom Single-Family rentals are also available starting from $1,160 and Four Bedroom Apartments start at $1,025.

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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The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Written by: Nicole Harms

When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Written by: Nicole Harms

I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

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Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Written by: Nicole Harms

Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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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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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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

Written by: Robin Stewart

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.

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

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.