
Cheap Apartments for Rent in the Illinois Medical District Chicago, IL from $1,100 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Illinois Medical District area of Chicago.


1846 W 18th St

Total Monthly Price
1016 S Oakley Blvd, Unit #1

1016 S Oakley Blvd

1846 W 18th St

2347 W Taylor St

812 S Oakley Blvd, Unit 1
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Total Monthly Price
2317 W Taylor St, Unit 3R

2317 W Taylor St

Scio at the Medical District

1012 S Oakley Blvd

1007 S Oakley Blvd

Harris Point Chicago

The Oakley
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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.

1719 W 18th St

1603 S Wood St

928 S Claremont Ave

1016 S Oakley Blvd

Harris Point Chicago

Harris Point Chicago

Atrio Apartments
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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 | $2,050 | $2,019 | $2,080 |
| Illinois Medical District 1 Bedroom Apartments | $2,453 | $1,650 | $3,170 |
| Illinois Medical District 2 Bedroom Apartments | $3,403 | $1,800 | $7,299 |
| Illinois Medical District 3 Bedroom Apartments | $2,554 | $2,100 | $3,500 |
Browse Apartments in this Neighborhood
There are currently 21 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 Scio at the Medical District priced from $2,041. Atrio Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $2,137. Here are the most affordable Illinois Medical District apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Scio at the Medical District | Studio with Balcony A2 | Studio,1BA | $2,041 |
| Atrio Apartments | S1 (11 & 13) | Studio,1BA | $2,137 |
| CADENCE APARTMENTS | 313-1013 | 1BR,1BA | $2,674 |
Best Value Apartments for Rent in Illinois Medical District, IL
As of April 01, 2026 the best value apartment in the Illinois Medical District area is the $2.45 price per square foot 1823 W 17th St Model at 1823 W 17th St, Unit 1FR in the in the University Village neighborhood starting from $2,695. The second greatest value Illinois Medical District apartment is the 1823 W 17th St Model at 1823 W 17th St, Unit 1 starting at $2,695 with a $2.70 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. |
|---|---|---|---|
| 1823 W 17th St, Unit 1FR | 1823 W 17th St | 3BR,2BA | $2.45 |
| 1823 W 17th St, Unit 1 | 1823 W 17th St | 3BR,2BA | $2.70 |
| 812 S Oakley Blvd, Unit 1 | 812 S Oakley Blvd | 1BR,1BA | $2.53 |
| CADENCE APARTMENTS | 313-1013 | 1BR,1BA | $3.78 |
| Scio at the Medical District | Studio with Balcony A2 | Studio ,1BA | $3.59 |
| Atrio Apartments | S1 (11 & 13) | Studio ,1BA | $4.42 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 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 #61
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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 $2,144, while the average apartment in Illinois Medical District costs $3,218.
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 16 regular apartments in Illinois Medical District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Illinois Medical District?
Cheap apartments in Illinois Medical District have an average cost of $1,219 which is $1,999 cheaper than the average rent for all rentals in Illinois Medical District.
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

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Written by: Christine Leonard, Esq.
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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.