
Cheap Homes for Rent in Chicago, IL from $400 (1,515 Rentals) Page 3 of 31
Search the lowest-cost Homes available for rent right now in Chicago.


5417 N Kenmore Ave, Unit 411

5417 N Kenmore Ave, Unit 309

5417 N Kenmore Ave, Unit 412

3335 W Diversey Ave, Unit 802

7735 N Sheridan Rd

3575 N Milwaukee Ave

2822 W Flournoy St

1928 Grove Ave

6645 21st St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1135 W Lunt Ave, Unit 307

3258 Maple Ave, Unit BH

2815 W 25th Pl, Unit R1A.

5159 S Albany Ave

4222 W Cullerton St

431 E Oakwood Blvd

5304 W Potomac Ave

8226 S Marshfield Ave

5001 Indianapolis Blvd

1400 Chicago Ave, Unit 701
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.

6364 N Hermitage Ave, Unit 6378-3

4526 N Sheridan Rd, Unit 508

3024 N Halsted St, Unit 24-1C

8714 S Commercial Ave

1249 N Mason Ave

1135 W Lunt Ave, Unit 409

6500 W Cermak Rd, Unit 338

3258 Maple Ave, Unit 3258 Maple Ave

7848 S Burnham Ave, Unit 2N

1135 W Lunt Ave, Unit 1135 West Lunt Avenue
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

11005 S Vernon Ave

3258 Maple Ave

7337 S South Shore Dr

Room in Shared 4 bed/2.5 bath home in Chinatown, Unit A

7147 S Constance Ave, Unit E3

6508 S Carpenter St

1136 W Wilson Ave, Unit 210

1136 W Wilson Ave, Unit 307

7333 N Ridge Blvd, Unit 111

1040 W Hollywood Ave, Unit 506

2105 Grove Ave, Unit 2105 Grove Avenue

7809 S Marshfield Ave, Unit 1

8452 S Burnham Ave, Unit 8452 S. Burnham

6601 S Green St

7328 N Honore St

2706 S St Louis Ave

1440 S 49th Ave

2409 S Spaulding Ave

1714 W 46th St

3145 Bernice Rd, Unit 2
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 | $2,906 | $900 | $10,000+ |
| Chicago 3 Bedroom Homes for Rent | $3,545 | $1,110 | $10,000+ |
| Chicago 4 Bedroom Homes for Rent | $4,339 | $1,160 | $10,000+ |
| Chicago 5 Bedroom Homes for Rent | $6,788 | $2,100 | $10,000+ |
| Chicago 6 Bedroom Homes for Rent | $10,050 | $2,600 | $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 24075 Apartments for Rent in Chicago, IL with pricing that ranges from $500 to $48,409. There are also 5581 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 $4,600.
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 $1,110 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

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.

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.
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.

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.