
Cheap Studio Apartments for Rent in the Library Tower Neighborhood of Chicago, IL from $1,260 (101 Rentals) Page 3 of 3

Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.
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 | $6,987 |
| Library Tower 1 Bedroom Apartments | $2,988 | $1,680 | $9,999 |
| Library Tower 2 Bedroom Apartments | $4,156 | $1,819 | $10,000+ |
| Library Tower 3 Bedroom Apartments | $6,142 | $1,024 | $10,000+ |
| Library Tower 4 Bedroom Apartments | $2,734 | $1,025 | $10,000+ |
Explore Chicago
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 820 Michigan by 3L Living which is listed at $1,599, 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.
Helpful Local Expert Guides

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Written by: Nicole Harms
When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Written by: Nicole Harms
I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Written by: Nicole Harms
Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.