
Cheap Homes for Rent in Illinois Medical District Chicago, IL from $1,500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Illinois Medical District area of Chicago.


1922 W Ogden Ave, Unit 1114

1932 W Ogden Ave

1922 W Ogden Ave, Unit 1405
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.

2357 W Congress Pkwy, Unit Two

508 S Damen Ave

515 S Damen Ave

513 S Damen Ave, Unit 1416
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.

513 S Damen Ave, Unit 916
Illinois Medical District, Chicago, IL Local Guide

How much does it cost to rent a home in Illinois Medical District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Illinois Medical District 2 Bedroom Homes for Rent | $2,921 | $2,400 | $3,655 |
| Illinois Medical District 3 Bedroom Homes for Rent | $3,075 | $2,700 | $3,750 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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 1 Bed unit found at Scio at the Medical District priced from $2,254. Atrio Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,341. 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 | Large One Bedroom B3 | 1BR,1BA | $2,254 |
| Atrio Apartments | A5 (05) | 1BR,1BA | $2,341 |
| CADENCE APARTMENTS | 311-1011 | 1BR,1BA | $2,676 |
Best Value Apartments for Rent in Illinois Medical District, IL
As of July 08, 2026 the best value apartment in the Illinois Medical District area is the $2.46 price per square foot 3 Bedrooms Model at 1752 W 18th Pl in the in the University Village neighborhood starting from $3,199. The second greatest value Illinois Medical District apartment is the 905 S Claremont Apt. 2F Model at Harris Point Chicago starting at $2,850 with a $2.38 price per square foot in the Near West Side 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. |
|---|---|---|---|
| 1752 W 18th Pl | 3 Bedrooms | 3BR,2BA | $2.46 |
| Harris Point Chicago | 905 S Claremont Apt. 2F | 3BR,2BA | $2.38 |
| 801 S Oakley Blvd, Unit Garden | 801 S Oakley Blvd | 1BR,1BA | $2.69 |
| Atrio Apartments | A4 (03) | 1BR,1BA | $3.58 |
| Scio at the Medical District | One Bedroom with Balcony B2 | 1BR,1BA | $3.73 |
| CADENCE APARTMENTS | 311-1011 | 1BR,1BA | $4.41 |
| 1735 W 17th St, Unit 2 R | 1735 W 17th St | 2BR,1BA | $5.09 |
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 #73
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Illinois Medical District
What type of rentals are currently available in Illinois Medical District?
There are currently 76 Apartments for Rent in Illinois Medical District, IL with pricing that ranges from $1,400 to $5,897. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Illinois Medical District ranging from $1,500 to $3,750.
What is the current price range for Rental Homes in Illinois Medical District?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Illinois Medical District ranges from $1,500 to $3,750 with an average monthly rent of $2,754.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.