
Homes for Rent in Chicago, IL Under $1,400 (466 Rentals) Page 2 of 10


4546 N Damen Ave, Unit 101

1145 W Morse Ave, Unit 208

1421 W Farwell Ave, Unit 201

1050 W George St, Unit 5

1421 W Farwell Ave, Unit 108

1421 W Farwell Ave, Unit 305

948 W Cuyler Ave, Unit 115

1421 W Farwell Ave, Unit 209

4546 N Damen Ave, Unit 1
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.

4546 N Damen Ave, Unit 1

1050 W George St, Unit 005

7333 N Ridge Blvd, Unit 404

1800 W Farwell Ave, Unit 04-1

4866 N Magnolia Ave, Unit 211

4866 N Magnolia Ave, Unit 405

4866 N Magnolia Ave, Unit 209

1333 W Birchwood Ave, Unit 409

5021 N Damen Ave, Unit 2

739 W Belmont Ave, Unit 308
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

511 W Melrose St, Unit 311

5945 N Paulina St, Unit 5949-1

1421 W Farwell Ave, Unit 209

1630 N Humboldt Blvd, Unit 3F

1742 N Humboldt Blvd, Unit 304

1627 N Humboldt Blvd, Unit F2

1630 N Humboldt Blvd, Unit 6F

1627 N Humboldt Blvd, Unit F5

3265 W Wrightwood Ave, Unit 2

1627 N Humboldt Blvd, Unit 1F

658 W Oakdale Ave, Unit 3B

3257 W Wrightwood Ave, Unit 3257-3A

5847 N Winthrop Ave, Unit 104

5851 N Winthrop Ave, Unit 203

5917 N Kenmore Ave, Unit 426

6717 N Hermitage Ave, Unit 5A

1850 N Humboldt Blvd, Unit 105

6721 N Hermitage Ave, Unit 1C

4851 N Damen Ave, Unit 107

6721 N Hermitage Ave

5717 N Winthrop Ave

1522 W Sherwin Ave

6717 N Hermitage Ave

5510 N Sheridan Rd

1367 E 53rd St, Unit 302

1367 E 53rd St, Unit 203

4650 N Paulina St, Unit 801

4631 N Paulina St, Unit 411

4829 N Damen Ave, Unit 412

505 W Belmont Ave, Unit 2f
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 | $2,866 | $400 | $10,000+ |
| Chicago 3 Bedroom Homes for Rent | $3,489 | $910 | $10,000+ |
| Chicago 4 Bedroom Homes for Rent | $4,543 | $750 | $10,000+ |
| Chicago 5 Bedroom Homes for Rent | $6,743 | $1,475 | $10,000+ |
| Chicago 6 Bedroom Homes for Rent | $7,753 | $2,200 | $10,000+ |
| Chicago 7 Bedroom Homes for Rent | $7,433 | $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 24305 Apartments for Rent in Chicago, IL with pricing that ranges from $600 to $48,409. There are also 5496 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 $4,917.
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 $910 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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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.