
Homes for Rent in Chicago, IL Under $1,500 (643 Rentals) Page 7 of 13


5433 S Millard Ave

644 N Mayfield Ave

658 E 81st St

8030 S Paxton Ave

6550 S Drexel Ave

7655 S Yates Blvd

2540 E 78th St

153 E 119th St, Unit 1

658 E 81st St

8346 S Maryland Ave

2627 N Spaulding Ave, Unit 1

11210 S Vernon Ave, Unit 2

1241 N Milwaukee Ave, Unit 507

1016 W 70th St, Unit 1W

62 N Parkside Ave, Unit 1

658 E 81st St, Unit G

9160 S Halsted St, Unit Apt 2E

5901-5911 W Huron St, Unit 644-2

1530 E 71st Pl, Unit 2

644 N Mayfield Ave, Unit 2

7353 N Damen Ave, Unit 7353 North Damen Ave

5849 S Francisco Ave

1367 E 53rd St, Unit 102

1367 E 53rd St, Unit 208

1367 E 53rd St, Unit 802

6011 N Winthrop Ave, Unit 407

5851 N Winthrop Ave, Unit 304
4600 N Beacon St, Unit 1A

7120 N Sheridan Rd

3649 W Montrose Ave, Unit 1M

1320 W 64th St, Unit 1

4700 N Racine Ave, Unit 313

3420 W Irving Park Rd, Unit 21

5037 W Montrose Ave, Unit 209

7043 S East End Ave, Unit 2B

8617 S Ashland Ave, Unit 3D

7853 S Bennett Ave, Unit 2

2906 S Wells St, Unit 2

1813 S Lawndale Ave, Unit 2

5662 N Ridge Ave, Unit 62-2L

5662 N Ridge Ave, Unit L2

4019 W Irving Park Rd, Unit 4027-305

368 E 59th St, Unit 1

2049 E 68th St

3520 S Winchester Ave

7058 S Fairfield Ave

950 E 86th St

6007 S Michigan Ave

4457 W Wrightwood 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 | $2,904 | $950 | $10,000+ |
| Chicago 3 Bedroom Homes for Rent | $3,472 | $1,080 | $10,000+ |
| Chicago 4 Bedroom Homes for Rent | $4,505 | $750 | $10,000+ |
| Chicago 5 Bedroom Homes for Rent | $6,741 | $1,475 | $10,000+ |
| Chicago 6 Bedroom Homes for Rent | $7,431 | $2,200 | $10,000+ |
| Chicago 7 Bedroom Homes for Rent | $6,566 | $3,300 | $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 24278 Apartments for Rent in Chicago, IL with pricing that ranges from $595 to $48,409. There are also 5283 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chicago ranging from $600 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 $600 to $58,000 with an average monthly rent of $4,801.
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 $1,080 to $40,000. Four Bedroom Single-Family rentals are also available starting from $750 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

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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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
Written by: Robin Stewart
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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.