
Homes for Rent in Chicago, IL Under $1,500 (618 Rentals) Page 2 of 13


1209 W Sherwin Ave, Unit 1209-609

4846 W Hutchinson St, Unit 4852 - 7B

2617 W Gunnison St, Unit 2621-L1

6364 N Hermitage Ave, Unit 6376-1

3710 N Pine Grove Ave, Unit 210

663 W Grace St, Unit 108

1335 W Touhy Ave, Unit 3N

520 W Aldine Ave, Unit 403

Total Monthly Price
188 N Wells St, Unit SI FL3-ID1236
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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1904 E 79th St

2035 N Kildare Ave, Unit 2035

2145 W Chase Ave, Unit 2

4409 N Kenneth Ave, Unit 2A

2455 S Washtenaw Ave., Unit 2

6540 N Lakewood Ave, Unit 2

8012 S Sangamon St

2143 W Chase Ave, Unit 1

1726 W Thome Ave, Unit 2

520 N Long Ave
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

5621 S Elizabeth St

663 W Grace St

2852 W Palmer St

705 W Brompton Ave

4866 N Magnolia Ave, Unit 207

4455 N Artesian Ave, Unit 15-G

7320 N Ridge Blvd, Unit 24-3E

540 W Wellington Ave

1801 S Peoria St

6130 N Seeley Ave
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2934 S Keeley St

7460 N Ashland Blvd, Unit 1

2415 W Sunnyside Ave, Unit G

1040 W Hollywood Ave, Unit 315

2700 N Spaulding Ave, Unit 3310-2Y

3345 N Marshfield Ave, Unit 409

711 W Belmont Ave, Unit 105

6700 S South Shore Dr, Unit #23C

6700 S South Shore Dr, Unit 23c

425 W Roscoe St, Unit 503
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533 W Roscoe St, Unit 305

422 W Melrose St, Unit 422-1305

635 W Barry Ave, Unit 404

4180 N Marine Dr, Unit 104
4616 N Beacon St, Unit 1B

4644 N Paulina, Unit 014

653 W Barry Ave, Unit 504

1717 W North Shore Ave, Unit 1D

4866 N Magnolia Ave, Unit 208

6945 S Calumet Ave, Unit 1N
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 | $2,912 | $900 | $10,000+ |
| Chicago 3 Bedroom Homes for Rent | $3,522 | $1,110 | $10,000+ |
| Chicago 4 Bedroom Homes for Rent | $4,087 | $1,160 | $10,000+ |
| Chicago 5 Bedroom Homes for Rent | $6,876 | $2,100 | $10,000+ |
| Chicago 6 Bedroom Homes for Rent | $6,553 | $2,600 | $10,000+ |
| Chicago 7 Bedroom Homes for Rent | $6,525 | $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 24202 Apartments for Rent in Chicago, IL with pricing that ranges from $595 to $43,181. There are also 5008 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 $2,820.
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

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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
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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.

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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
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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
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First Apartment Regrets: Real Renters Share What They'd Do Differently
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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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
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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
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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.