
Cheap Homes for Rent in Illinois Medical District Chicago, IL from $1,500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Illinois Medical District area of Chicago.


1631 W 18th St

1627 W 17th St

837 S Western Ave
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1968 W Ogden Ave

1912 W Harrison St

541 S Damen Ave

504 S Oakley Blvd
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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.
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 | $2,636 | $1,550 | $3,364 |
| Illinois Medical District 3 Bedroom Homes for Rent | $2,997 | $1,750 | $4,418 |
| Illinois Medical District 4 Bedroom Homes for Rent | $3,700 | $3,700 | $3,700 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 $1,908. Atrio Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $2,004. 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 A1 | Studio,1BA | $1,908 |
| Atrio Apartments | S1 (11 & 13) | Studio,1BA | $2,004 |
| CADENCE APARTMENTS | 203-1003 | Studio,1BA | $2,261 |
Best Value Apartments for Rent in Illinois Medical District, IL
As of November 16, 2025 the best value apartment in the Illinois Medical District area is the $1.60 price per square foot 2 Bedroom Model at 1042 S Oakley Blvd Apartments in the in the Medical Village neighborhood starting from $3,350. The second greatest value Illinois Medical District apartment is the 624 S Oakley Blvd Model at 624 S Oakley Blvd, Unit Unit 2 starting at $2,250 with a $1.29 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. |
|---|---|---|---|
| 1042 S Oakley Blvd Apartments | 2 Bedroom | 2BR,2BA | $1.60 |
| 624 S Oakley Blvd, Unit Unit 2 | 624 S Oakley Blvd | 3BR,2BA | $1.29 |
| 812 S Oakley Blvd, Unit 2 | 812 S Oakley Blvd | 3BR,2.5BA | $2.64 |
| 1752 W 18th Pl | 3 Bedrooms | 3BR,2BA | $2.06 |
| 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 |
| 1823 W 17th St, Unit 1 | 1823 W 17th St | 3BR,2BA | $2.70 |
| 624 S Oakley Blvd, Unit 2 | 624 S Oakley Blvd | 3BR,2BA | $2.50 |
| 700 S Oakley Blvd, Unit Corner on Oakley | 700 S Oakley Blvd | 3BR,1BA | $2.44 |
| 812 S Oakley Blvd, Unit 1 | 812 S Oakley Blvd | 1BR,1BA | $2.53 |
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
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Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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
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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 #59
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Illinois Medical District
What type of rentals are currently available in Illinois Medical District?
There are currently 82 Apartments for Rent in Illinois Medical District, IL with pricing that ranges from $1,550 to $4,440. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Illinois Medical District ranging from $1,550 to $4,418.
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 $1,550 to $4,418 with an average monthly rent of $2,657.
How much are larger Three and Four Bedroom Rentals in Illinois Medical District?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Illinois Medical District range from $1,700 to $4,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $4,418. Four Bedroom Single-Family rentals are also available starting from $3,700 and Four Bedroom Apartments start at $3,195.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.