
Cheap Condos for Rent in Chicago, IL from $700 (1,157 Rentals) Page 5 of 24
Search the lowest-cost Condos available for rent right now in Chicago.


656 E 81st St

5700 S Wabash Ave

5820 N Sheridan Rd

1325 W 18th St

1367 E 53rd St, Unit 203

1367 E 53rd St, Unit 302

5510 N Sheridan Rd

5717 N Winthrop Ave

2500 N Sawyer Ave

1522 W Sherwin Ave

4851 N Damen Ave, Unit 107

5847 N Winthrop Ave, Unit 104

5851 N Winthrop Ave, Unit 203

5917 N Kenmore Ave, Unit 426

4546 N Damen Ave, Unit 101

1050 W George St, Unit 5

3335 W Diversey Ave, Unit 332

1421 W Farwell Ave, Unit 305

948 W Cuyler Ave, Unit 115

1421 W Farwell Ave, Unit 209

1421 W Farwell Ave, Unit 108

1050 W George St, Unit 5

4546 N Damen Ave, Unit 101

1145 W Morse Ave, Unit 208

1421 W Farwell Ave, Unit 201

4866 N Magnolia Ave, Unit 306

1421 W Farwell Ave, Unit 309

1050 W George St, Unit 005

4546 N Damen Ave, Unit 1

4546 N Damen Ave, Unit 1

7333 N Ridge Blvd, Unit 404

734 W Waveland Ave, Unit #03

7600 N Sheridan Rd

632 W Wrightwood Ave

1800 W Farwell Ave, Unit 04-1

1115 Holiday Ln, Unit 15

1333 W Birchwood Ave, Unit 409

4866 N Magnolia Ave, Unit 209

4866 N Magnolia Ave, Unit 205

4866 N Magnolia Ave, Unit 405

4866 N Magnolia Ave, Unit 211

2048 W Touhy Ave, Unit 3

727 Hinman Ave, Unit 3E

6839 W 21st Pl, Unit 2N

534 W Stratford Pl, Unit 303

1209 W Sherwin Ave, Unit 1209-310

6341 N Magnolia Ave, Unit A2

6341 N Magnolia Ave, Unit 41-1A

6843 W 21st Pl, Unit 2N
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.