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$1,199 - $5,997Studio to 4 Bedroom Apartments Available Now
626 on the Park
626 S Wabash AveChicago, IL 60605
Cheap Apartments for Rent in the Library Tower Neighborhood of Chicago, IL from $949 (253 Rentals)
Search the lowest-cost Apartments available for rent right now in the Library Tower area of Chicago.
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$1,260 - $3,804Studio to 2 Bedroom Apartments Available Now
63 E Lake
63 E Lake StChicago, IL 60601
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$1,299 - $2,457Studio to 4 Bedroom Apartments Available Now
Straits Row
633 S La Salle StChicago, IL 60605
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$1,400
Total Monthly Price
Base Rent$1,400
Total Monthly Price$1,400
188 N Wells St, Unit SI FL3-ID1236
188 N Wells StChicago, IL 60606
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$1,599 - $2,599Studio to 2 Bedroom Apartments Available Now
820 Michigan by 3L Living
820 S Michigan AveChicago, IL 60605
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$1,6801 Bedroom Apartments Available Oct 20
188 N Wells St, Unit SI FL3-ID1238
188 N Wells StChicago, IL 60606
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$1,700 - $2,100Studio to 2 Bedroom Apartments Available Now
30 East Roosevelt
30 E Roosevelt RdChicago, IL 60605
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$1,766 - $6,971Studio to 2 Bedroom Apartments Available Now
Presidential Towers
555 W Madison StChicago, IL 60661
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$1,800
Total Monthly Price
Base Rent$1,800
Total Monthly Price$1,800
30 E Roosevelt Rd, Unit SI FL7-ID805
30 E Roosevelt RdChicago, IL 60605
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$1,875 - $3,300Studio to 1 Bedroom Apartments Available Now
Marina City
300 N State StChicago, IL 60654
The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
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$1,920 - $3,704Studio to 2 Bedroom Apartments Available Now
Park Michigan - 1212 S Michigan Ave
1212 S Michigan AveChicago, IL 60605
1212 S Michigan Ave, Unit 1507
1212 S Michigan Ave
ChicagoIL60605
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$1,929 - $2,5991 to 2 Bedroom Apartments Available Now
731 Plymouth by 3L Living
731 S Plymouth CtChicago, IL 60605
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$1,935 - $2,498Studio to 1 Bedroom Apartments Available Now
330 S. Wells St
330 S Wells StChicago, IL 60606
1212 S Michigan Ave, Unit 1205
1212 S Michigan Ave
ChicagoIL60605
1224 S Michigan Ave
ChicagoIL60605
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$1,967 - $8,709Studio to 3 Bedroom Apartments Available Now
Century Tower
182 W Lake StChicago, IL 60601
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$1,970
Total Monthly Price
Base Rent$1,970
Total Monthly Price$1,970
60 E Randolph St, Unit SI FL8-ID1346
60 E Randolph StChicago, IL 60601
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$1,979 - $3,469Studio to 2 Bedroom Apartments Available Now
Astoria Tower
8 E 9th StChicago, IL 60605
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$1,990 - $3,055Studio to 2 Bedroom Apartments Available Now
777 South State
2 E 8th StChicago, IL 60605
Rent According to Income: A Look at Income-Restricted Rentals
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$1,997 - $5,591Studio to 2 Bedroom Apartments Available Now
Eleven40
1140 So Wabash AveChicago, IL 60605
630 S Clark St, Unit 3711
630 S Clark St
ChicagoIL60605
130 N Garland Ct
ChicagoIL60602
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$2,009 - $4,937Studio to 2 Bedroom Apartments Available Now
Bellwether Residences
79 W Monroe StChicago, IL 60603
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$2,020
Total Monthly Price
Base Rent$2,020
Total Monthly Price$2,020
30 E Roosevelt Rd, Unit SI FL8-ID804
30 E Roosevelt RdChicago, IL 60605
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$2,025 - $3,670Studio to 3 Bedroom Apartments Available Now
Fisher Building Apartments
343 S Dearborn StChicago, IL 60604
1212 S Michigan Ave, Unit 2807
1212 S Michigan Ave
ChicagoIL60605
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$2,029 - $8,844Studio to 3 Bedroom Apartments Available Now
1407 on Michigan
1407 S Michigan AveChicago, IL 60605
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$2,030 - $2,425Studio to 1 Bedroom Apartments Available Now
The Alfred
30 E Adams StChicago, IL 60603
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$2,039 - $4,151Studio to 2 Bedroom Apartments Available Now
Columbus Plaza
233 E Wacker DrChicago, IL 60601
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$2,040
Total Monthly Price
Base Rent$2,040
Total Monthly Price$2,040
188 N Wells St, Unit SI FL2-ID1232
188 N Wells StChicago, IL 60606
1400 S Michigan Ave, Unit 27G
1400 S Michigan Ave
ChicagoIL60605
8 W Monroe St, Unit 1206
8 W Monroe St
ChicagoIL60603
1212 S Michigan Ave, Unit 2404
1212 S Michigan Ave
ChicagoIL60605
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$2,096 - $5,668
Total Monthly Price
Base Rent$2,096 - $5,668
Total Monthly PriceVaries
Coeval
51 E 14th StChicago, IL 60605
200 N Dearborn St, Unit 04503
200 N Dearborn St
ChicagoIL60601
1322 S Wabash Ave
ChicagoIL60605
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$2,100
Total Monthly Price
Base Rent$2,100
Total Monthly Price$2,100
330 S Wells St, Unit SI FL14-ID220
330 S Wells StChicago, IL 60606
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$2,101 - $9,144
Total Monthly Price
Base Rent$2,101 - $9,144
Total Monthly PriceVaries
Imprint
717 S Clark StChicago, IL 60605
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$2,102 - $10,000Studio to 3 Bedroom Apartments Available Now
K2 Apartments
365 N Halsted StChicago, IL 60661
Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.
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$2,1401 Bedroom Apartments Available Oct 14
812 W Adams St, Unit SI FL3-ID1256
812 W Adams StChicago, IL 60607
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$2,150
Total Monthly Price
Base Rent$2,150
Total Monthly Price$2,150
201 N Garland Ct, Unit SI FL22-ID1014
201 N Garland CtChicago, IL 60601
500 S Clinton St, Unit 745
500 S Clinton St
ChicagoIL60607
1212 S Michigan Ave, Unit 1406
1212 S Michigan Ave
ChicagoIL60605
1212 S Michigan Ave, Unit 1106
1212 S Michigan Ave
ChicagoIL60605
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$2,160 - $7,568
Total Monthly Price
Base Rent$2,160 - $7,568
Total Monthly PriceVaries
1400 Wabash
1400 S Wabash AveChicago, IL 60605
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$2,160
Total Monthly Price
Base Rent$2,160
Total Monthly Price$2,160
601 W Jackson Blvd, Unit SI FL9-ID1341
601 W Jackson BlvdChicago, IL 60661
800 W Adams St, Unit 1909
800 W Adams St
ChicagoIL60607
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$2,173 - $9,929Studio to 3 Bedroom Apartments Available Now
The Grand Central
221 W Harrison StChicago, IL 60607
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$2,179 - $3,547Studio to 2 Bedroom Apartments Available Now
Millennium on LaSalle
29 S La Salle StChicago, IL 60603
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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Library Tower, Chicago, IL Local Guide
How much does it cost to rent an apartment in Library Tower?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Library Tower Studio Apartments | $2,468 | $1,260 | $7,002 |
| Library Tower 1 Bedroom Apartments | $2,988 | $1,750 | $9,999 |
| Library Tower 2 Bedroom Apartments | $4,147 | $1,819 | $10,000+ |
| Library Tower 3 Bedroom Apartments | $6,234 | $1,024 | $10,000+ |
| Library Tower 4 Bedroom Apartments | $2,917 | $1,025 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 253 rentals with your search options within a 1 mile radius of the Library Tower Neighborhood of Chicago, IL.
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Library Tower, Chicago, IL Local Guide
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Cheapest Available Library Tower Apartments for Rent
The cheapest available apartment rental in the Library Tower area of Chicago, IL is a Studio unit found at 820 Michigan by 3L Living priced from $1,599. Straits Row has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,599. Here are the most affordable Library Tower apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 820 Michigan by 3L Living | Studio East | Studio, 1BA | $1,599 |
| Straits Row | Private Bedspace in a D6 with Roommates | 4BR, 4BA | $1,599 |
| 63 E Lake | S1 | Studio, 1BA | $1,749 |
| 30 East Roosevelt | ER_1x1 | 1BR, 1BA | $1,750 |
| Presidential Towers | STUDIO SIX | Studio, 1BA | $1,766 |
| Park Michigan - 1212 S Michigan Ave | Studio 1ba 05 | Studio, 1BA | $1,920 |
| 731 Plymouth by 3L Living | 1 Bedroom East | 1BR, 1BA | $1,929 |
| 330 S. Wells St | 04 Tier Studio | Studio, 1BA | $1,935 |
| Astoria Tower | Studio 08A | Studio, 1BA | $1,979 |
| Marina City | Furnished Studio | Studio, 1BA | $2,000 |
Best Value Apartments for Rent in Library Tower, IL
As of September 22, 2026 the best value apartment in the Library Tower area is the $2.55 price per square foot 125 S Jefferson St Model at 125 S Jefferson St, Unit 1207 in the Printer's Row neighborhood starting from $3,500. The second greatest value Library Tower apartment is the 5 Person Private Model at Dwight Lofts in the South Loop neighborhood starting at $1,354 with a $1.22 price per square foot. Here is today’s list of the best values for Library Tower apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 125 S Jefferson St, Unit 1207 | 125 S Jefferson St | 2BR, 2BA | $2.55 |
| Dwight Lofts | 5 Person Private | 4BR, 2BA | $1.22 |
| The Regal Apartments | 2 Bedrooms Floor Plan B2 | 2BR, 2BA | $2.47 |
| 1401 S. State | B5 | 2BR, 2BA | $2.94 |
| 1 E 8th St, Unit 505 | 1 E 8th St | 2BR, 2BA | $3.17 |
| 30 East | 2 BEDROOM/2 BATHROOM - B3 | 2BR, 2BA | $2.32 |
| Wells Place Apartments | 1 Bed 1 Bath A3 | 1BR, 1BA | $3.01 |
| 731 Plymouth by 3L Living | 1 Bedroom East | 1BR, 1BA | $2.57 |
| Fisher Building Apartments | A4 | 1BR, 1BA | $3.02 |
| 30 East Roosevelt | ER_1x1 | 1BR, 1BA | $3.03 |
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.
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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 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.
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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.
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Lifestyle Ratings
Our team of engineers and researchers works hard to bring you comprehensive Lifestyle Ratings of rentals in cities across the United States, including Chicago. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Library Tower Apartments
What is a cheap apartment in Library Tower?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Library Tower is under $2,000.
What is the price of a cheap apartment in Library Tower?
The cheapest apartment in Library Tower is 30 East Roosevelt which is listed at $1,750, while the average apartment in Library Tower costs $2,834.
What types of apartments are the cheapest in Library Tower?
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 127 regular apartments in Library Tower 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 Library Tower?
Cheap apartments in Library Tower have an average cost of $564 which is $2,270 cheaper than the average rent for all rentals in Library Tower.
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.
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