Cheap Homes for Rent in Library Tower Neighborhood of Chicago, IL from $1,700 (201 Rentals)

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

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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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 40 E 9th St

40 E 9th St

ChicagoIL60605

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 871 S Clark St

871 S Clark St

ChicagoIL60605
property at 300 N State St

300 N State St

ChicagoIL60654

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 400 N La Salle Dr

400 N La Salle Dr

ChicagoIL60654

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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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 Studio unit found at Pittsfield Apartments priced from $1,550. 768 W. Jackson has the second lowest priced unit, which is a Studio apartment currently listed from $1,595. Here are the most affordable Library Tower apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Pittsfield ApartmentsStudio - Style HStudio,1BA$1,550
768 W. JacksonStudioStudio,1BA$1,595
Presidential TowersSTUDIO FIVEStudio,1BA$1,675
820 Michigan by 3L LivingStudio NorthStudio,1BA$1,729
30 East RooseveltER_1x11BR,1BA$1,750
CoevalS2Studio,1BA$1,777
Millennium Park PlazaStudioStudio,1BA$1,825
Marina CityStudioStudio,1BA$1,900

Best Value Apartments for Rent in Library Tower, IL

As of October 25, 2025 the best value apartment in the Library Tower area is the $2.52 price per square foot 187 N Westshore Dr Model at 187 N Westshore Dr in the in the Magnificent Mile neighborhood starting from $4,500. The second greatest value Library Tower apartment is the 821 W Van Buren St Model at 821 W Van Buren St, Unit 2 starting at $3,184 with a $2.27 price per square foot in the Printer's Row 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.
187 N Westshore Dr187 N Westshore Dr3BR,2.5BA$2.52
821 W Van Buren St, Unit 2821 W Van Buren St2BR,1BA$2.27
Columbus Plaza2 Bedroom2BR,2BA$2.68
1462 S Michigan Ave, Unit 22031462 S Michigan Ave2BR,2BA$2.29
Fisher Building ApartmentsC32BR,2BA$2.51
731 Plymouth by 3L Living2 Bedroom East2BR,1BA$2.21
600 S Dearborn St, Unit 2012600 S Dearborn St1BR,1BA$2.00
680 S Federal St, Unit Apt 808680 S Federal St1BR,1BA$2.25
50 W Randolph St, Unit 90550 W Randolph St1BR,1BA$2.64
Millennium Park Plaza1 Bedroom/ 1 Bathroom1BR,1BA$2.53

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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A 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

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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.

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Pet Friendly Lifestyle
Library Tower, Chicago, IL

Ranked #12

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Library Tower

What type of rentals are currently available in Library Tower?

There are currently 296 Apartments for Rent in Library Tower, IL with pricing that ranges from $1,380 to $34,913. There are also 538 Single Family Homes for rent, Condos, and Townhome rentals currently available in Library Tower ranging from $1,700 to $23,000.

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 $1,700 to $23,000 with an average monthly rent of $5,698.

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 $2,785 to $22,619, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,488 to $16,000. Four Bedroom Single-Family rentals are also available starting from $6,850 and Four Bedroom Apartments start at $5,035.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.