Cheap Homes for Rent in Library Tower Neighborhood of Chicago, IL from $1,300 (84 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Library Tower area of Chicago.

property at 117 N Clark St

117 N Clark St

ChicagoIL60602
property at 345 N LaSalle St

345 N LaSalle St

ChicagoIL60654
property at 124 W Polk St

124 W Polk St

ChicagoIL60605

Library Tower, Chicago, IL Local Guide

Cheapest Available Library Tower Apartments for Rent

 

The cheapest available apartment rental in the Library Tower area of Chicago, IL is a 4 Beds unit found at Buckingham priced from $1,149. 768 W. Jackson has the second lowest priced unit, which is a Studio apartment currently listed from $1,295. Here are the most affordable Library Tower apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Buckingham4x2. Floors 3-134BR,2BA$1,149
768 W. JacksonStudioStudio,1BA$1,295
30 East RooseveltER_Sx1Studio,1BA$1,550
Pittsfield ApartmentsStudio - Style CStudio,1BA$1,595
MDA ApartmentsS2N - ModernStudio,1BA$1,640
Presidential TowersSTUDIO NINEStudio,1BA$1,670
820 Michigan by 3L LivingStudio EastStudio,1BA$1,689
ImprintLoft Studio JStudio,1BA$1,837
Park Michigan - 1212 S Michigan AveStudio 1ba 09Studio,1BA$1,855

Best Value Apartments for Rent in Library Tower, IL

As of June 27, 2025 the best value apartment in the Library Tower area is the $2.74 price per square foot Two Bedroom 05C Model at Astoria Tower in the in the Near South Side neighborhood starting from $3,699. The second greatest value Library Tower apartment is the 2 Bed 2 Bath B6 Model at Wells Place Apartments starting at $3,299 with a $2.84 price per square foot in the Near South Side neighborhood. Here is today’s list of the best values for Library Tower apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Astoria TowerTwo Bedroom 05C2BR,2BA$2.74
Wells Place Apartments2 Bed 2 Bath B62BR,2BA$2.84
731 Plymouth by 3L Living3 Bedroom East3BR,1.5BA$2.82
680 S Federal St, Unit Apt 808680 S Federal St1BR,1BA$2.25
TRIO ApartmentsOne Bedroom 2A21BR,1.5BA$2.86
777 South StateTwo Bedroom One Bathroom2BR,1BA$2.72
Buckingham3x2. Floors 3-133BR,2BA$1.35
Fisher Building ApartmentsA61BR,1BA$2.81
1150 S Michigan Ave, Unit 11150 S Michigan Ave1BR,1BA$2.93
Marina CityOne Bedroom1BR,1BA$2.76

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Library Tower

What type of rentals are currently available in Library Tower?

There are currently 301 Apartments for Rent in Library Tower, IL with pricing that ranges from $1,295 to $22,810. There are also 517 Single Family Homes for rent, Condos, and Townhome rentals currently available in Library Tower ranging from $1,300 to $35,000.

What is the current price range for Rental Homes in Library Tower?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Library Tower ranges from $1,300 to $35,000 with an average monthly rent of $6,153.

How much are larger Three and Four Bedroom Rentals in Library Tower?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Library Tower range from $1,899 to $21,061, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,100 to $12,500. Four Bedroom Single-Family rentals are also available starting from $7,250 and Four Bedroom Apartments start at $1,699.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.