
Cheap Homes for Rent in Chicago, IL from $400 (1,452 Rentals) Page 2 of 30
Search the lowest-cost Homes available for rent right now in Chicago.


13943 S State St

4621 S Ashland Ave

331 157th St

7320 S Vincennes Ave

7201 S Lowe Ave

8026 S Aberdeen St

348 W 74th St, Unit 352-1W

8627 S Ingleside Ave, Unit 2F

3148 N Linder Ave, Unit 2
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1635 W Morse Ave, Unit 204

1440 W Howard St, Unit 1440-2

5910 W 26th St

Room in Shared 3 bed/2 bath home, Unit A

1717 W North Shore Ave, Unit 1B

1717 W North Shore Ave, Unit 2E

7337 S South Shore Dr

6930 N Greenview Ave, Unit 308

3643 S Hermitage Ave

5647 W Madison St
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!

2254 W Garfield Blvd

209 N Kolmar Ave

3133 Bernice Rd

435 E Oakwood Blvd

1947 W Marquette Rd, Unit 3rd floor

4700 N Racine Ave, Unit 110

5417 N Kenmore Ave, Unit 103

5417 N Kenmore Ave, Unit 206

5417 N Kenmore Ave, Unit 212

4700 N Racine Ave, Unit 108
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.

4526 N Sheridan Rd, Unit 518

4700 N Racine Ave, Unit 110

3244 N Pulaski Rd, Unit 2

6930 N Greenview Ave, Unit 609
4604 N Beacon St, Unit 2D

6930 N Greenview Ave, Unit 708

6930 N Greenview Ave, Unit 209

6930 N Greenview Ave, Unit 611

6912 N Ashland Ave, Unit 106

3443 S Central Ave, Unit 3443 South Central Ave
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!

1150 S Mason Ave, Unit A2

6930 N Greenview Ave, Unit 6930 North Greenview Ave

4037 W Melrose St, Unit 2

8310 S Paulina St, Unit 2

7408 S Eberhart Ave

Room in Shared 4 bed/2.5 bath home, Unit B

4700 N Racine Ave, Unit 312

3443 S Central Ave

3110 W 59th St, Unit 2E

1421 W Farwell Ave, Unit 109
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.
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 | $2,883 | $900 | $10,000+ |
| Chicago 3 Bedroom Homes for Rent | $3,535 | $950 | $10,000+ |
| Chicago 4 Bedroom Homes for Rent | $4,274 | $1,160 | $10,000+ |
| Chicago 5 Bedroom Homes for Rent | $6,569 | $2,000 | $10,000+ |
| Chicago 6 Bedroom Homes for Rent | $9,490 | $2,200 | $10,000+ |
| Chicago 7 Bedroom Homes for Rent | $5,212 | $1,150 | $10,000+ |
Browse Top Homes for Rent in Chicago
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 24199 Apartments for Rent in Chicago, IL with pricing that ranges from $500 to $48,409. There are also 5524 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chicago ranging from $400 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 $400 to $58,000 with an average monthly rent of $4,490.
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 $950 to $40,000. Four Bedroom Single-Family rentals are also available starting from $1,160 and Four Bedroom Apartments start at $924.
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

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.

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.