
Cheap Apartments for Rent in the Little Italy Neighborhood of Chicago, IL from $600 (79 Rentals)
Search the lowest-cost Apartments available for rent right now in the Little Italy area of Chicago.


Room in Shared 3 bed/2 bath home, Unit C

McCrory Senior Apartments

Total Monthly Price
1735 W 17th St, Unit 2 R

561 W 18th St

768 W. Jackson

1709 S Racine Ave

Total Monthly Price
1439 W 17th St, Unit 1R

Westhaven Park Station

1711 S Morgan St
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.

1623 S Carpenter St, Unit First floor front

Presidential Towers

Total Monthly Price
915 S Loomis St

1550 S Blue Island Ave, Unit 412

1532 W 18th Pl

6748 N Ashland Ave, Unit 6748 North Ashland Ave

944 W 18th St

The Rosie

816 W 18th St, Unit 4M

818 W 18th St, Unit 4M
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.

The Duncan

Scio at the Medical District

Roosevelt Square

1037 S Racine Ave, Unit 2R

Total Monthly Price
1427 W Lexington St, Unit 1 st. Floor

1115 W Van Buren St

Stead 220 Chicago

1200 W Gladys Ave

1619 S Loomis St, Unit 1F

765 W 15th St, Unit 209
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.

1043 W Madison St, Unit 27R

1450 W Randolph St, Unit 905

100 S Aberdeen St

1120 W Randolph St

Total Monthly Price
1400 W Randolph St, Unit SI FL16-ID1170

Total Monthly Price
1400 W Randolph St, Unit SI FL10-ID1353

1820 S Bishop St, Unit 309

Total Monthly Price
1431 W Flournoy St

Total Monthly Price
1820 S Bishop St, Unit 2

1050 W Van Buren St
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.

913 W Van Buren St, Unit 5B

36 S Ashland Ave, Unit 303

721 S Aberdeen St, Unit 1F

1201 W Adams St

West Haven Park II - B

Westhaven Park II - C

Roosevelt Place Senior Apartments

1809 S Carpenter St

1810 S Throop St

1204 W Lexington St
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

How much does it cost to rent an apartment in Little Italy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Little Italy Studio Apartments | $2,393 | $1,455 | $6,530 |
| Little Italy 1 Bedroom Apartments | $2,741 | $1,300 | $9,987 |
| Little Italy 2 Bedroom Apartments | $4,274 | $1,400 | $9,952 |
| Little Italy 3 Bedroom Apartments | $5,254 | $2,000 | $10,000+ |
| Little Italy 4 Bedroom Apartments | $1,912 | $1,220 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 79 rentals with your search options within a 1 mile radius of the Little Italy Neighborhood of Chicago, IL.
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Little Italy, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| West Haven Park II - B | 3 Bedroom | 3BR,1BA | $192 |
| Westhaven Park II - C | 3 Bedroom | 3BR,1BA | $268 |
| McCrory Senior Apartments | 1 Bed 60% | 1BR,1BA | $1,300 |
| 768 W. Jackson | Studio | Studio,1BA | $1,455 |
| Presidential Towers | STUDIO SIX | Studio,1BA | $1,654 |
| The Rosie | A6 | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 917 S Loomis St, Unit 1 | 917 S Loomis St | 5BR,2BA | $1.94 |
| 1127 W Madison St, Unit 3 | 1127 W Madison St | 2BR,2BA | $2.32 |
| Tailor Lofts Student Living | Jefferson | 4BR,4BA | $0.95 |
| 1427 W Lexington St, Unit 1 st. Floor | 1427 W Lexington St | 3BR,1.5BA | $1.54 |
| West Haven Park II - B | 3 Bedroom | 3BR,1BA | $1.13 |
| 1309 W Fillmore St, Unit 1 | 1309 W Fillmore St | 2BR,1BA | $2.25 |
| 1431 W Flournoy St | 1431 W Flournoy St | 3BR,1BA | $2.31 |
| 915 S Loomis St | 915 S Loomis St | 2BR,1BA | $1.83 |
| Westhaven Park II - C | 1 Bedroom | 1BR,1BA | $0.94 |
| McCrory Senior Apartments | 1 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.
Read ArticleBest 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
Read ArticleA 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
Read ArticleReal 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.
Read ArticleQuick 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 #24
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Little Italy, Chicago, IL
STEM Magnet Academy Elementary
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!
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

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.

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.

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.

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

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.

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.

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.

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.