Cheap Homes for Rent in Illinois Medical District Chicago, IL from $1,500 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in the Illinois Medical District area of Chicago.

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.

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.

Illinois Medical District, Chicago, IL Local Guide

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 Harris Point Chicago priced from $1,650. Atrio Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $2,189. Here are the most affordable Illinois Medical District apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Harris Point Chicago905 S Claremont Apt. GR1BR,1BA$1,650
Atrio ApartmentsS1 (11 & 13)Studio,1BA$2,189
Scio at the Medical DistrictOne Bedroom B11BR,1BA$2,213
1752 W 18th Pl3 Bedrooms3BR,2BA$3,250

Best Value Apartments for Rent in Illinois Medical District, IL

As of June 19, 2025 the best value apartment in the Illinois Medical District area is the $1.47 price per square foot 739 S Western Ave Model at 739 S Western Ave, Unit 3 in the in the Near West Side neighborhood starting from $2,200. The second greatest value Illinois Medical District apartment is the 812 S Oakley Blvd Model at 812 S Oakley Blvd, Unit 2 starting at $3,900 with a $2.64 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 ListingModel NameBed/BathPrice Per Sq.Ft.
739 S Western Ave, Unit 3739 S Western Ave3BR,2BA$1.47
812 S Oakley Blvd, Unit 2812 S Oakley Blvd3BR,2.5BA$2.64
1752 W 18th Pl3 Bedrooms3BR,2BA$2.50
1823 W 17th St, Unit 1F1823 W 17th St3BR,2BA$2.38
1823 W 17th St, Unit 1FR1823 W 17th St3BR,2BA$2.38
517 S Damen Ave, Unit 2517 S Damen Ave2BR,2BA$3.54
Harris Point Chicago905 S Claremont Apt. GR1BR,1BA$2.06
Scio at the Medical DistrictOne Bedroom B11BR,1BA$3.60
Atrio ApartmentsS1 (11 & 13)Studio ,1BA$4.52
503 S Damen Ave, Unit s503 S Damen AveStudio ,1BA$5.00

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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 $1,190 to $23,941. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Illinois Medical District ranging from $1,600 to $4,500.

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 $1,600 to $4,500 with an average monthly rent of $2,547.

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 $1,249 to $23,941, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $3,950. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $1,190.

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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.