
Homes for Rent in Chicago, IL Under $1,500 (590 Rentals) Page 3 of 12


705 W Brompton Ave

5940 N Odell Ave, Unit A1

4700 N Racine Ave, Unit 302

837 W Wolfram St, Unit 207

511 W Melrose St, Unit 309

544 W Wellington Ave, Unit 803

4349 N Damen Ave, Unit 6H

5940 N Odell Ave

1408 W Jonquil Terrace

3357 N Monticello Ave

6559 S Mozart St, Unit 1S

4237 W Gladys Ave

1201 W 110th Pl

Total Monthly Price
61 W Erie St, Unit SI FL3-ID1402

Total Monthly Price
1515 N Fremont St, Unit SI FL6-ID608

917 E 78th St

7209 S Yates Blvd

2033 W 111th St

6125 W Rosedale Ave

8233 S Langley Ave

2542 E 78th St

4111 W Cullerton St, Unit 1

2540 W Thorndale Ave

1218 W Jarvis Ave

2840 N Orchard St, Unit 2846-45

1040 W Hollywood Ave, Unit 102

734 W Waveland Ave, Unit #16

6022 N Winthrop Ave

2851 N Orchard St, Unit #45

1522 W Sherwin Ave

5425 W Eddy St

4111 W Cullerton St

6642 S Greenwood Ave

6206 W 64th Pl

1034 W George St, Unit 203

653 W Barry Ave, Unit 602

635 W Barry Ave, Unit 206

6349 N Magnolia Ave, Unit P2

5820 N Sheridan Rd, Unit 305

824 W Waveland Ave, Unit 61

6206 W 64th Pl, Unit 101

2852 W Palmer St, Unit 902

839 W Sheridan Rd, Unit 221

839 W Sheridan Rd, Unit 205

4829 N Damen Ave, Unit 309

4024 W Montrose Ave, Unit 3

5820 N Sheridan Rd, Unit 305

612 W Patterson Ave, Unit 409

1050 W George St, Unit 302
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 | $2,677 | $700 | $10,000+ |
| Chicago 3 Bedroom Homes for Rent | $3,295 | $1,300 | $10,000+ |
| Chicago 4 Bedroom Homes for Rent | $3,973 | $1,080 | $10,000+ |
| Chicago 5 Bedroom Homes for Rent | $6,873 | $2,000 | $10,000+ |
| Chicago 6 Bedroom Homes for Rent | $5,512 | $2,800 | $10,000+ |
| Chicago 7 Bedroom Homes for Rent | $11,900 | $10,000 | $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 23812 Apartments for Rent in Chicago, IL with pricing that ranges from $600 to $43,181. There are also 5244 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 $2,728.
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 $1,300 to $40,000. Four Bedroom Single-Family rentals are also available starting from $1,080 and Four Bedroom Apartments start at $1,080.
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

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.