
Homes for Rent in Chicago, IL Under $1,500 (610 Rentals) Page 5 of 13


5427 W Montrose Ave

6955 S Normal Blvd

12863 S Normal Ave

6007 S Michigan Ave

6959 S Paxton Ave

5422 W Dakin St

7309 S Langley Ave, Unit 1

7709 S Eggleston Ave, Unit 1

3357 W 63rd Pl, Unit 1A

7207 S Yates Blvd

3824 N Fremont St, Unit 604

4349 N Damen, Unit 214

4546 N Damen Ave, Unit 405

3831 N Fremont St, Unit 406

1800 W Farwell Ave, Unit 04-1

4349 N Damen Ave, Unit 504

632 W Wrightwood Ave

7600 N Sheridan Rd

629 W Belmont Ave, Unit 713

505 W Belmont Ave, Unit 5

4546 N Damen Ave, Unit 412

4866 N Magnolia Ave, Unit 209

1333 W Birchwood Ave, Unit 409

4866 N Magnolia Ave, Unit 305

4866 N Magnolia Ave, Unit 205

4866 N Magnolia Ave, Unit 211

4866 N Magnolia Ave, Unit 405

4546 N Damen Ave, Unit 405

7333 N Ridge Blvd, Unit 510

3824 N Fremont, Unit 213

3831 N Fremont St, Unit 4

629 W Belmont Ave, Unit 503

1536 N Kedzie Ave, Unit 2

629 W Belmont Ave, Unit 803

739 W Belmont Ave, Unit 308

739 W Belmont Ave, Unit 305

739 W Belmont Ave, Unit 1

321 W 24th St

1522 W Sherwin Ave

5917 N Kenmore Ave, Unit 426

2405 W Balmoral Ave

8058 S Hermitage Ave

7948 S Essex Ave

8017 S Carpenter St

2540 E 78th St

2444 E 78th St

2542 E 78th St

1315 W 31st St

5700 S Wabash Ave
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.