
Homes for Rent in Chicago, IL Under $1,500 (590 Rentals) Page 4 of 12


5820 N Sheridan Rd, Unit 409

5820 N Sheridan Rd, Unit 509

837 W Wolfram St, Unit 306

5820 N Sheridan Rd, Unit 904

5820 N Sheridan Rd, Unit 905

6341 N Magnolia Ave, Unit 49-2P

6341 N Magnolia Ave, Unit 43-1D

1447 W Touhy Ave, Unit 304

6343 N Magnolia Ave, Unit D2

1040 W Hollywood Ave, Unit 102

13243 S Baltimore Ave

7320 N Ridge Blvd, Unit 26-1W

6830 N Sheridan Rd, Unit 554

2530 W Foster Ave, Unit 208

6830 N Sheridan Rd, Unit 263

6830 N Sheridan Rd, Unit 365

2840 N Orchard St, Unit 2846-45

1209 W Sherwin Ave, Unit 1209-209

6830 N Sheridan Rd, Unit 563

3727 N Pine Grove Ave, Unit 407

2513 W Pershing Rd

6830 N Sheridan Rd, Unit 362

3727 N Pine Grove Ave, Unit 211

6830 N Sheridan Rd, Unit 455

4829 N Damen Ave, Unit 309

4104 W 24th Pl

3816 W Thomas St

2988 S Archer Ave

4856 N Damen Ave, Unit 503

618 W Patterson, Unit 401

4349 N Damen Ave, Unit 000

2214 W Thome Ave

611 W Patterson Ave, Unit #104

1545 E 85th St

1333 N Lorel Ave

8333 S Maryland Ave

2849 N Burling, Unit 103

6119 N Kenmore Ave, Unit 508

1135 W Lunt Ave, Unit 202

534 W Stratford Pl, Unit 408

4035 W Gladys Ave, Unit 2N

834 W Fullerton Ave, Unit #13

5833 W Irving Park Rd, Unit 1-R

2230 N Lockwood Ave, Unit GDN

2432 N Linden Pl, Unit 6B

7547 S Union Ave, Unit 1

364 E 59th St, Unit 1

1317 W Estes Ave, Unit 19.5-26

4155 W Addison St
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.