
Homes for Rent in Chicago, IL Under $5,000 (5,979 Rentals)


320 N Clinton St

2240 W Medill Ave

2779 N Kenmore Ave

1827 W Oakdale Ave

1629 N Honore St

3343 W Potomac Ave
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

6739 N Rockwell St

1214 W School St

1732 N California Ave

2205 W Medill Ave

222 S Racine Ave

2118 W Huron St

8500 W Winona St

3712 N Racine Ave, Unit 1

1827 W Oakdale Ave, Unit 1

849 W Ohio St, Unit 9

1926 W Oakdale Ave

849 W Ohio St

3542 N Hermitage Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

2958 N Lincoln Ave, Unit 3C

2205 W Medill Ave, Unit # 03W

1327 W Washington Blvd, Unit 2a

100 E 14th St, Unit 1601

1335 S Prairie Ave, Unit 706

1335 S Prairie Ave, Unit 706

2205 W Medill Ave, Unit 3W

10358 S Emerald Ave

1654 W Ohio St

3935 S Wells St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

211 N Harbor Dr

401 N Wabash Ave

1140 W Cornelia Ave

3638 N Fremont St

3739 N Sheffield Ave

312 N May St, Unit 5a

2749 N Lakewood Ave, Unit 2N
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

2205 W Medill Ave, Unit 3W

2749 N Lakewood Ave, Unit 2N

2749 N Lakewood Ave, Unit 2N

2749 N Lakewood Ave, Unit 2N

330 S Michigan Ave

5202 N Oakley Ave

5015 N Lincoln Ave

744 W Fullerton Pkwy

747 W Dickens Ave

1754 W Division St, Unit 2

1360 W Hubbard St, Unit 3w
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

747 W Dickens 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 | $2,822 | $900 | $10,000+ |
Chicago 3 Bedroom Homes for Rent | $3,271 | $675 | $10,000+ |
Chicago 4 Bedroom Homes for Rent | $3,914 | $810 | $10,000+ |
Chicago 5 Bedroom Homes for Rent | $4,712 | $925 | $10,000+ |
Chicago 6 Bedroom Homes for Rent | $7,249 | $2,500 | $10,000+ |
Chicago 7 Bedroom Homes for Rent | $5,999 | $5,999 | $5,999 |
Browse Top Homes for Rent in Chicago
Explore Chicago
Chicago, IL Local Guide
- Chicago Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Chicago, IL Rentals by Map
See the most popular apartments and homes in Chicago, IL
Frequently Asked Questions about Chicago
What type of rentals are currently available in Chicago?
There are currently 24824 Apartments for Rent in Chicago, IL with pricing that ranges from $575 to $77,776. There are also 6267 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chicago ranging from $650 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 $650 to $58,000 with an average monthly rent of $4,048.
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 $788 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $675 to $40,000. Four Bedroom Single-Family rentals are also available starting from $810 and Four Bedroom Apartments start at $650.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.