
Homes for Rent in Chicago, IL Under $1,500 (610 Rentals) Page 2 of 13


5154 W School St, Unit Apt G

7219 S Langley Ave

7729 S Essex Ave

5145 W Ferdinand St

431 S Dearborn St

3278 W Wabansia Ave, Unit 2, Unit 2

930 W Dakin St

6007 N Kenmore Ave

3151 W Argyle St, Unit 53-3W
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

917 W Dakin St, Unit 110

909 W Dakin St, Unit 011

4737 N Hermitage Ave, Unit 204

4052 W Dickens Ave

9951 S Oglesby Ave

2025 W Granville Ave

8608 S Kingston Ave

425 W Roscoe St

2025 W Granville Ave, Unit B305, Unit B305

3153 W Argyle St, Unit 3W

3214 N Linder Ave, Unit 2

1140 N La Salle Dr, Unit 331

425 W Roscoe St, Unit 5

1649 W Touhy Ave, Unit 1S

2827 N Burling St, Unit 303

5534 N Artesian Ave, Unit 6H

533 W Roscoe St, Unit 805

3310 W Schubert Ave, Unit 1

4407 N Wolcott Ave, Unit 4407-B3

3304 W Schubert Ave, Unit 2

4337 N Wolcott Ave, Unit B4

2849 N Burling St, Unit 403

3824 N Fremont, Unit 205

544 W Wellington Ave, Unit 300

1717 W North Shore Ave, Unit 3C

4455 N Artesian Ave, Unit 15-G

4866 N Magnolia Ave, Unit 212

4866 N Magnolia Ave, Unit 102

1145 W Morse Ave, Unit 310

518 W Cornelia Ave, Unit 2

1140 N La Salle Dr, Unit unit 414

1140 N La Salle Dr, Unit 514

7240 S Cornell Ave

7910 S Muskegon Ave

640 S Federal St

5536 N Sheridan Rd, Unit unit 509

540 W Briar Pl, Unit 2F

739 W Belmont Ave, Unit 4

457 W Melrose, Unit 903

511 W Melrose St, Unit 309
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 | $2,874 | $950 | $10,000+ |
| Chicago 3 Bedroom Homes for Rent | $3,420 | $960 | $10,000+ |
| Chicago 4 Bedroom Homes for Rent | $4,443 | $1,050 | $10,000+ |
| Chicago 5 Bedroom Homes for Rent | $6,093 | $800 | $10,000+ |
| Chicago 6 Bedroom Homes for Rent | $7,172 | $1,750 | $10,000+ |
| Chicago 7 Bedroom Homes for Rent | $10,850 | $3,550 | $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 24084 Apartments for Rent in Chicago, IL with pricing that ranges from $600 to $48,409. There are also 5052 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chicago ranging from $630 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 $630 to $58,000 with an average monthly rent of $4,981.
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 $960 to $40,000. Four Bedroom Single-Family rentals are also available starting from $1,050 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.