
Cheap Apartments for Rent in the Little Italy Neighborhood of Chicago, IL from $700 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Little Italy area of Chicago.


Private bedroom in 3 bed/2 bath Home

Private bedroom in 4 bed/2 bath Home

Private bedroom in 4 bed/2 bath Home

Private bedroom in 5 bed/3 bath Home

Private bedroom in 4 bed/2 bath Home
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.

Private bedroom in 4 bed/2 bath Home

Private bedroom in 5 bed/3 bath Home

Private bedroom in 5 bed/3 bath Home

Private bedroom in 5 bed/3 bath Home

1533 W 17th St
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.

Roosevelt Square

Westhaven Park Station

Presidential Towers

180 N Jefferson St

Roosevelt Place Senior Apartments
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.
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Little Italy, Chicago, IL Local Guide

How much does it cost to rent an apartment in Little Italy?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Little Italy Studio Apartments | $2,918 | $800 | $10,000+ |
Little Italy 1 Bedroom Apartments | $3,400 | $1,150 | $10,000+ |
Little Italy 2 Bedroom Apartments | $4,496 | $1,470 | $10,000+ |
Little Italy 3 Bedroom Apartments | $5,020 | $950 | $10,000+ |
Little Italy 4 Bedroom Apartments | $3,091 | $1,050 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 1 mile radius of the Little Italy Neighborhood of Chicago, IL.
See all Apartments in ChicagoExplore Chicago
Little Italy, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Letterman Chicago priced from $1,075. The Rosie has the second lowest priced unit, which is a Studio apartment currently listed from $1,147. Here are the most affordable Little Italy apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Letterman Chicago | Mac - 3x2 | 3BR,2BA | $1,075 |
The Rosie | A2 - 60% AMI ARO | Studio,1BA | $1,147 |
561 W 18th St | Garden Apartment Util Included 1bd 1 bath | 1BR,1BA | $1,150 |
768 W. Jackson | Studio | Studio,1BA | $1,395 |
Roosevelt Square | Studio | Studio,1BA | $1,450 |
Westhaven Park Station | One Bedroom | 1BR,1BA | $1,570 |
Presidential Towers | STUDIO NINE | Studio,1BA | $1,630 |
The Duncan | M-A17 - 100% AMI ARO | Studio,1BA | $1,725 |
Landmark West Loop | No. 5 | Studio,1BA | $2,090 |
Scio at the Medical District | One Bedroom B1 | 1BR,1BA | $2,142 |
Best Value Apartments for Rent in Little Italy, IL
As of June 10, 2025 the best value apartment in the Little Italy area is the $1.82 price per square foot 1335 W Taylor St Model at 1335 W Taylor St, Unit 2 in the in the University Village neighborhood starting from $3,995. The second greatest value Little Italy apartment is the 1335 W Taylor St Model at 1335 W Taylor St, Unit 2 starting at $3,995 with a $1.82 price per square foot in the University Village neighborhood. Here is today’s list of the best values for Little Italy apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1335 W Taylor St, Unit 2 | 1335 W Taylor St | 4BR,2BA | $1.82 |
1335 W Taylor St, Unit 2 | 1335 W Taylor St | 4BR,2BA | $1.82 |
238 S Ashland Ave, Unit TH2 | 238 S Ashland Ave | 3BR,2BA | $2.17 |
850 S Loomis St, Unit 3f | 850 S Loomis St | 4BR,2BA | $2.35 |
229 S Racine Ave, Unit 1 | 229 S Racine Ave | 2BR,2BA | $2.06 |
1823 W 17th St, Unit 1F | 1823 W 17th St | 3BR,2BA | $2.38 |
1823 W 17th St, Unit 1FR | 1823 W 17th St | 3BR,2BA | $2.38 |
HIGHPOINT West Loop | 2 Bed 2 Bath | 2BR,2BA | $2.25 |
1104 W Taylor St, Unit 2R | 1104 W Taylor St | 2BR,2BA | $2.32 |
Letterman Chicago | Betty - 3x2 | 3BR,2BA | $1.33 |
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.
Pet Friendly LifestyleLittle Italy, Chicago, IL
Ranked #22
Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Little Italy, Chicago, IL
Young Magnet High School
Chicago World Language Academy
School data provided by Great Schools
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!
Getting Around the Little Italy Neighborhood in Chicago, IL
Walk Score®
92 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
93 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
70 / 100
Excellent Transit
Transit is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Little Italy Apartments
What is a cheap apartment in Little Italy?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Little Italy is under $2,142.
What is the price of a cheap apartment in Little Italy?
The cheapest apartment in Little Italy is 561 W 18th St which is listed at $1,150, while the average apartment in Little Italy costs $29,380.
What types of apartments are the cheapest in Little Italy?
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 28 regular apartments in Little Italy 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 Little Italy?
Cheap apartments in Little Italy have an average cost of $358 which is $29,022 cheaper than the average rent for all rentals in Little Italy.
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.

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.

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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.