
Cheap Apartments for Rent in the Illinois Medical District Chicago, IL from $1,100 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Illinois Medical District area of Chicago.


898 S Ashland Ave

Scio at the Medical District

Total Monthly Price
801 S Oakley Blvd, Unit Garden, Unit Garden

CADENCE APARTMENTS

1922 W Ogden Ave, Unit 1114
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

2216 W Taylor St

1921 W Harrison St

Total Monthly Price
1637 W 18th St, Unit 1R, Unit 1R

515 S Damen Ave

508 S Damen Ave

1912 W Harrison St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Total Monthly Price
1638 W 18th Pl, Unit 1R, Unit 1R

1922 W Ogden Ave, Unit 1405

2248 W Taylor St, Unit 2

Harris Point Chicago

The Oakley

1603 S Wood St
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.

2355 W Harrison St

Harris Point Chicago

Harris Point Chicago

1019 S Oakley Blvd

1118 S Western Ave

Atrio Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1737 W 16th St
Illinois Medical District, Chicago, IL Local Guide

How much does it cost to rent an apartment in Illinois Medical District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Illinois Medical District Studio Apartments | $2,185 | $2,157 | $2,234 |
| Illinois Medical District 1 Bedroom Apartments | $2,487 | $2,175 | $2,990 |
| Illinois Medical District 2 Bedroom Apartments | $3,432 | $2,300 | $8,484 |
| Illinois Medical District 3 Bedroom Apartments | $2,989 | $2,100 | $3,500 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Illinois Medical District Neighborhood of Chicago, IL.
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Illinois Medical District, Chicago, IL Local Guide
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Cheapest Available Illinois Medical District Apartments for Rent
 The cheapest available apartment rental in the Illinois Medical District area of Chicago, IL is a Studio unit found at Atrio Apartments priced from $2,292. Scio at the Medical District has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,315. Here are the most affordable Illinois Medical District apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Atrio Apartments | S1 (11 & 13) | Studio,1BA | $2,292 |
| Scio at the Medical District | One Bedroom B1 | 1BR,1BA | $2,315 |
| CADENCE APARTMENTS | 207-1007 | 2BR,2BA | $3,139 |
Best Value Apartments for Rent in Illinois Medical District, IL
As of May 23, 2026 the best value apartment in the Illinois Medical District area is the $1.40 price per square foot 2153 W 18th St Model at 2153 W 18th St, Unit 2153 W 18TH ST in the in the Lower West Side neighborhood starting from $2,800. The second greatest value Illinois Medical District apartment is the 1823 W 17th St Model at 1823 W 17th St, Unit 1FR starting at $2,695 with a $2.45 price per square foot in the University Village neighborhood. Here is today’s list of the best values for Illinois Medical District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2153 W 18th St, Unit 2153 W 18TH ST | 2153 W 18th St | 5BR,1BA | $1.40 |
| 1823 W 17th St, Unit 1FR | 1823 W 17th St | 3BR,2BA | $2.45 |
| 2354 W Polk St, Unit 304 | 2354 W Polk St | 2BR,2BA | $2.59 |
| CADENCE APARTMENTS | 207-1007 | 2BR,2BA | $3.59 |
| Scio at the Medical District | One Bedroom B1 | 1BR,1BA | $3.77 |
| Atrio Apartments | S1 (11 & 13) | Studio ,1BA | $4.74 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestyleIllinois Medical District, Chicago, IL
Ranked #68
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Illinois Medical District Apartments
What is the price of a cheap apartment in Illinois Medical District?
The cheapest apartment in Illinois Medical District is Scio at the Medical District which is listed at $2,315, while the average apartment in Illinois Medical District costs $3,200.
What types of apartments are the cheapest in Illinois Medical District?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Illinois Medical District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.