
Cheap Homes for Rent in Chicago, IL from $400 (1,124 Rentals) Page 20 of 23
Search the lowest-cost Homes available for rent right now in Chicago.


Total Monthly Price
1515 N Fremont St, Unit SI FL6-ID1283

1650 S St Louis Ave, Unit 3R

2100 W Ainslie St, Unit 2102-E2

1321.5 W Estes Ave, Unit 94

1314 N Dearborn St, Unit 201

837 W Wolfram St, Unit 305

2242 W Ainslie St, Unit E3

823 W Wolfram, Unit 503

2900 N Mildred Ave, Unit 900-GDN

2779 N Milwaukee Ave, Unit 130

2779 N Milwaukee Ave, Unit 234

4251 W Haddon Ave, Unit 2

2779 N Milwaukee Ave, Unit 130

6364-82 N Hermitage, Unit 6382 - GDN

4544 W George St

4248 N Lamon Ave

1555 W Hollywood Ave

5630 N Sheridan Rd, Unit S1108

1530 W Thomas St #1F

901 W Argyle St, Unit 3I

1140 North LaSalle Dr., Unit 815

4180 N Marine Dr, Unit 203

6119 N Kenmore Ave, Unit 508

3309 N Southport Ave, Unit G

3309 N Southport Ave, Unit G

1995 Howard Ave

4180 N Marine Dr, Unit 512

1908 S Halsted St

7041 W 99th St

3309 N Southport Ave

7817 S South Shore Dr

3309 N Southport Ave, Unit garden

6151 Marshall Ave

5630 N Sheridan Rd, Unit S1106

5344 S Carpenter St

4819 S King Dr, Unit 3a

2513 W Pershing Rd, Unit 2

10725 S Calumet Ave, Unit Apt 3

6300 N Oakley Ave, Unit 3

1018 S Maple Ave

1140 North LaSalle Dr., Unit 632

6118 N Sheridan Rd

4741 W Van Buren St

1515 N Fremont St

10720 S Whipple St

1944 Davis Ave

1013 N Western Ave

1329 N Bosworth Ave

2606 W Balmoral 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 | $2,854 | $550 | $10,000+ |
| Chicago 3 Bedroom Homes for Rent | $3,410 | $700 | $10,000+ |
| Chicago 4 Bedroom Homes for Rent | $3,867 | $1,350 | $10,000+ |
| Chicago 5 Bedroom Homes for Rent | $6,734 | $2,200 | $10,000+ |
| Chicago 6 Bedroom Homes for Rent | $5,381 | $2,500 | $10,000+ |
| Chicago 7 Bedroom Homes for Rent | $5,610 | $3,300 | $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 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

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.

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.

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.

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

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.

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.

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.

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.