Cheap Homes for Rent in Chicago, IL from $400 (1,110 Rentals) Page 12 of 23

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

property at 6002 N Kenmore Ave
$1,500 - $1,775

Total Monthly Price

Base Rent$1,500 - $1,775

Total Monthly Price$1,500 - $1,775
Studio To 1 Bedroom Condos for Rent
Available Now
Affordability

6002 N Kenmore Ave

ChicagoIL60660
  • Smoke Free
property at 5848 S Prairie Ave
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
2 Bedroom, 2 Bath Condo for Rent
Available Now
Furnished

5848 S Prairie Ave, Unit G

5848 S Prairie Ave
ChicagoIL60637
property at 1407 E 69th Pl
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
2 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

1407 E 69th Pl, Unit 2

1407 E 69th Pl
ChicagoIL60637
property at 3145 S May St
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

3145 S May St, Unit 1F

3145 S May St
ChicagoIL60608
property at 5701 N Sheridan
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
Studio, 1 Bath Condo for Rent
Available Oct 1
Furnished

5701 N Sheridan, Unit 3A

5701 N Sheridan
ChicagoIL60660
  • Smoke Free
property at 5920 N Kenmore Ave
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

5920 N Kenmore Ave, Unit 311

5920 N Kenmore Ave
ChicagoIL60660
property at 650 W Grace St
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
Studio, 1 Bath Condo for Rent
Available Now
Affordability

650 W Grace St, Unit 101

650 W Grace St
ChicagoIL60613
property at 3029 N Austin Ave
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
1 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

3029 N Austin Ave

ChicagoIL60634
property at 1205 W Sherwin Ave
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
Studio, 1 Bath Condo for Rent
Available Now
Affordability

1205 W Sherwin Ave, Unit 500

1205 W Sherwin Ave
ChicagoIL60626
property at 6035 S Saint Lawrence Ave
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
2 Bedroom, 1 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

6035 S Saint Lawrence Ave, Unit gs

6035 S Saint Lawrence Ave
ChicagoIL60637
property at 7035 N Sheridan Rd
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
1 Bedroom, 1 Bath Condo for Rent
Available Oct 1
Affordability

7035 N Sheridan Rd, Unit Sheridan

7035 N Sheridan Rd
ChicagoIL60626
property at 6319 S Oak Park Ave
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
2 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

6319 S Oak Park Ave, Unit 1A

6319 S Oak Park Ave
ChicagoIL60638
  • Smoke Free
property at 1206 Orchard Ave
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
2 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

1206 Orchard Ave

MaywoodIL60153
property at 5632 S Narragansett Ave
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
2 Bedroom, 2 Bath Condo for Rent
Available Now
Affordability

5632 S Narragansett Ave, Unit 204

5632 S Narragansett Ave
ChicagoIL60638

Chicago, IL Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Nicole4+ 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 24157 Apartments for Rent in Chicago, IL with pricing that ranges from $600 to $43,181. There are also 5006 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chicago ranging from $400 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 $400 to $40,000 with an average monthly rent of $2,758.

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 $695 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $40,000. Four Bedroom Single-Family rentals are also available starting from $1,350 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

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.