Cheap Homes for Rent in Library Tower Neighborhood of Chicago, IL from $1,600 (173 Rentals)

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

property at 40 E 9th St

$1,600 - $2,200

Studio To 2 Bedroom Rentals

Available Now

40 E 9th St

ChicagoIL60605
property at 899 S Plymouth Ct

$1,750 - $2,400

Studio To 1 Bedroom Rentals

Available Now

899 S Plymouth Ct

ChicagoIL60605

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 871 S Clark St

$1,919

Studio, 1 Bath Rentals

Available Now

871 S Clark St

ChicagoIL60605

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.

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property at 601 W Kinzie St

$1,927 - $3,622

Studio To 2 Bedroom Rentals

Available Now

601 W Kinzie St

ChicagoIL60654
property at 117 N Clark St

$1,967

1 Bedroom, 1 Bath Rentals

Available Now

117 N Clark St

ChicagoIL60602

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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property at 400 E Randolph St

$1,995 - $4,000

Studio To 2 Bedroom Rentals

Available Now

400 E Randolph St

ChicagoIL60601

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.

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property at 1400 S Michigan Ave

$2,050

Total Monthly Price

Total Monthly Price

Base Rent
$2,050
Total Monthly Price
$2,050

Studio, 1 Bath Condo for Rent

Available Now

1400 S Michigan Ave, Unit 27G

1400 S Michigan Ave
ChicagoIL60605

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 4

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 768 W. Jackson priced from $1,455. Presidential Towers has the second lowest priced unit, which is a Studio apartment currently listed from $1,600. Here are the most affordable Library Tower apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
768 W. JacksonStudioStudio,1BA$1,455
Presidential TowersSTUDIO SIXStudio,1BA$1,600
30 East RooseveltER_1x11BR,1BA$1,750
MDA ApartmentsS3N - ModernStudio,1BA$1,790
820 Michigan by 3L LivingStudio EastStudio,1BA$1,814
CoevalS1.LStudio,1BA$1,825
AMLI 900ClassicStudio,1BA$1,925
North Harbor TowerS1 & S2Studio,1BA$1,935
Park Michigan - 1212 S Michigan AveConv 03 05 07 09Studio,1BA$1,990
Astoria TowerStudio 07BStudio,1BA$1,999

Best Value Apartments for Rent in Library Tower, IL

As of January 30, 2026 the best value apartment in the Library Tower area is the $2.50 price per square foot 839 W 14th Pl Model at 839 W 14th Pl, Unit Unit 1 in the in the Printer's Row neighborhood starting from $5,000. The second greatest value Library Tower apartment is the 100 E 14th St Model at 100 E 14th St, Unit 304 starting at $3,289 with a $2.06 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.
839 W 14th Pl, Unit Unit 1839 W 14th Pl3BR,2.5BA$2.50
100 E 14th St, Unit 304100 E 14th St3BR,2BA$2.06
1464 S MICHIGAN, Unit 15071464 S MICHIGAN2BR,2BA$1.96
821 W Van Buren St, Unit 2821 W Van Buren St2BR,1BA$2.09
Columbus Plaza2 Bedroom2BR,2BA$2.60
731 Plymouth by 3L Living2 Bedroom East2BR,1BA$2.17
680 S Federal St, Unit Apt 808680 S Federal St1BR,1BA$2.25
777 South StateTwo Bedroom One Bathroom2BR,1BA$2.72
Student | The Flats East West3x23BR,2BA$1.23
Millennium Park Plaza1 Bedroom/ 1 Bathroom1BR,1BA$2.79

Frequently Asked Questions about Library Tower

What type of rentals are currently available in Library Tower?

There are currently 292 Apartments for Rent in Library Tower, IL with pricing that ranges from $1,359 to $32,900. There are also 557 Single Family Homes for rent, Condos, and Townhome rentals currently available in Library Tower ranging from $1,600 to $19,500.

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 $1,600 to $19,500 with an average monthly rent of $5,252.

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 $1,359 to $32,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,361 to $11,800. Four Bedroom Single-Family rentals are also available starting from $8,250 and Four Bedroom Apartments start at $1,359.

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

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

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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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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

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With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

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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.