
Cheap Condos for Rent in Chicago, IL from $700 (1,157 Rentals) Page 4 of 24
Search the lowest-cost Condos available for rent right now in Chicago.


629 W Belmont Ave, Unit 904

545 W Belmont Ave, Unit G5

6011 N Winthrop Ave, Unit 407
4600 N Beacon St, Unit 4600-1A

5851 N Winthrop Ave, Unit 304

6011 N Winthrop Ave, Unit 407

1367 E 53rd St, Unit 208

1367 E 53rd St, Unit 802

1367 E 53rd St, Unit 201

5018 S Blackstone Ave, Unit 202

1367 E 53rd St, Unit 102

4631 N Paulina St, Unit 411

4829 N Damen Ave, Unit 412

4856 N Damen Ave, Unit 701

505 W Belmont Ave, Unit 2f

4842 N Damen Ave, Unit 702

4829 N Damen Ave, Unit 106

505 W Belmont Ave, Unit 4G

505 W Belmont Ave, Unit 4H

661 W Sheridan Rd, Unit 303

4631 N Paulina St, Unit 101

4631 N Paulina St, Unit 108

4650 N Paulina St, Unit 801

3420 W Irving Park Rd, Unit 37

5820 N Sheridan Rd, Unit 103

5820 N Sheridan Rd, Unit 301

6830 N Sheridan Rd, Unit 452

1410 W Juneway Terrace, Unit 2A

6341 N Magnolia Ave, Unit 47-3L

7351 N Damen Ave, Unit 18

8917 S Cottage Grove Ave, Unit 2E

5820 N Sheridan Rd, Unit 403

5820 N Sheridan Rd, Unit 705

1209 W Sherwin Ave, Unit 1209-208

7300 W North Ave, Unit 5E

5025 W Belmont Ave, Unit 2F

4866 N Magnolia Ave, Unit 103

515 W Belmont Ave, Unit 5L

8251 S King Dr, Unit B1

6830 N Sheridan Rd, Unit 269

4650 N Paulina St, Unit 201

6830 N Sheridan Rd, Unit 365

6830 N Sheridan Rd, Unit 962

2540 E 78th St

6550 S Drexel Ave

812 W 19th St

8917 S Cottage Grove Ave

1055 W Dakin St

62 N Parkside Ave
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.