Cheap Apartments for Rent in the Little Italy Neighborhood of Chicago, IL from $600 (79 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Little Italy area of Chicago.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 816 W 18th St

$1,920

Total Monthly Price

Total Monthly Price

Base Rent
$1,920

Total Monthly Price
$1,920

1 Bedroom, 1 Bath Condo for Rent

Available Now

816 W 18th St, Unit 4M

816 W 18th St
ChicagoIL60608

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.

property at 765 W 15th St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

765 W 15th St, Unit 209

765 W 15th St
ChicagoIL60607

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.

property at 1043 W Madison St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

Studio, 1 Bath Condo for Rent

Available Now

1043 W Madison St, Unit 27R

1043 W Madison St
ChicagoIL60607
property at 1820 S Bishop St

$2,195

Total Monthly Price

Total Monthly Price

Base Rent
$2,195

Total Monthly Price
$2,195

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

1820 S Bishop St, Unit 309

1820 S Bishop St
ChicagoIL60608

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.

property at 36 S Ashland Ave

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

36 S Ashland Ave, Unit 303

36 S Ashland Ave
ChicagoIL60607
property at 721 S Aberdeen St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

2 Bedroom, 1 Bath Condo for Rent

Available Aug 3

721 S Aberdeen St, Unit 1F

721 S Aberdeen St
ChicagoIL60607
property at 1201 W Adams St

$2,200 - $4,550

Total Monthly Price

Total Monthly Price

Base Rent
$2,200 - $4,550

Total Monthly Price
$2,200 - $4,550

Studio To 2 Bedroom Condos for Rent

Available Now

1201 W Adams St

ChicagoIL60607
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1809 S Carpenter St
Studio Apartments

1809 S Carpenter St

1809 S Carpenter StChicago, IL 60608
  • Utilities Included
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1810 S Throop St
1 to 2 Bedroom Apartments

1810 S Throop St

1810 S Throop StChicago, IL 60608
  • Utilities Included

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.

Little Italy, Chicago, IL Local Guide

Cheapest Available Little Italy Apartments for Rent

 

The cheapest available apartment rental in the Little Italy area of Chicago, IL is a 3 Beds unit found at West Haven Park II - B priced from $192. Westhaven Park II - C has the second lowest priced unit, which is a 3 Beds apartment currently listed from $268. Here are the most affordable Little Italy apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
West Haven Park II - B3 Bedroom3BR,1BA$192
Westhaven Park II - C3 Bedroom3BR,1BA$268
McCrory Senior Apartments1 Bed 60%1BR,1BA$1,300
768 W. JacksonStudioStudio,1BA$1,455
Presidential TowersSTUDIO SIXStudio,1BA$1,654
The RosieA6Studio,1BA$1,865

Best Value Apartments for Rent in Little Italy, IL

As of July 07, 2026 the best value apartment in the Little Italy area is the $1.94 price per square foot 917 S Loomis St Model at 917 S Loomis St, Unit 1 in the in the University Village neighborhood starting from $3,500. The second greatest value Little Italy apartment is the 1127 W Madison St Model at 1127 W Madison St, Unit 3 starting at $3,950 with a $2.32 price per square foot in the West Loop neighborhood. Here is today’s list of the best values for Little Italy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
917 S Loomis St, Unit 1917 S Loomis St5BR,2BA$1.94
1127 W Madison St, Unit 31127 W Madison St2BR,2BA$2.32
Tailor Lofts Student LivingJefferson4BR,4BA$0.95
1427 W Lexington St, Unit 1 st. Floor1427 W Lexington St3BR,1.5BA$1.54
West Haven Park II - B3 Bedroom3BR,1BA$1.13
1309 W Fillmore St, Unit 11309 W Fillmore St2BR,1BA$2.25
1431 W Flournoy St1431 W Flournoy St3BR,1BA$2.31
915 S Loomis St915 S Loomis St2BR,1BA$1.83
Westhaven Park II - C1 Bedroom1BR,1BA$0.94
McCrory Senior Apartments1 Bed 60%1BR,1BA$2.31

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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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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Real 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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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
Little Italy, Chicago, IL

Ranked #24

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Chicago, IL. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, family-friendly amenities, raising pets, 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 Little Italy Apartments

What is the Cheapest Studio apartment in Little Italy?

Currently the most affordable Cheap Studio Apartment in Little Italy is at 768 W. Jackson listed at $1,455.

How much is rent for a Cheap One Bedroom Little Italy Apartment?

The lowest price for a Cheap One Bedroom Little Italy Apartment is $660 at West Haven Park II - B.

What is the lowest price for a Cheap Two Bedroom Little Italy Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Little Italy is starting from $192 at West Haven Park II - B.

What is the most affordable Little Italy Three Bedroom Apartment?

The best deal on a cheap Little Italy Three Bedroom Apartment rental is at West Haven Park II - B and starts from $192.

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

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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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

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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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.