Cheap Homes for Rent in Little Italy Neighborhood of Chicago, IL from $900 (62 Rentals)

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

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

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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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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 Studio unit found at 768 W. Jackson priced from $1,395. Westhaven Park Station has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,570. Here are the most affordable Little Italy apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
768 W. JacksonStudioStudio,1BA$1,395
Westhaven Park StationOne Bedroom1BR,1BA$1,570
Presidential TowersSTUDIO NINEStudio,1BA$1,710
The DuncanM-A21 - 100% AMI AROStudio,1BA$1,932
The RosieB1Studio,1BA$1,933
Harris Point Chicago846 S Loomis St. Apt 3R2BR,1BA$2,100
Harris Point Chicago808 S. Loomis, Apt 3F2BR,1BA$2,100

Best Value Apartments for Rent in Little Italy, IL

As of August 03, 2025 the best value apartment in the Little Italy area is the $0.32 price per square foot 648 W 16th St Model at 648 W 16th St, Unit #1 in the in the South Loop neighborhood starting from $3,200. The second greatest value Little Italy apartment is the 1147 W Taylor St Model at 1147 W Taylor St, Unit 1 starting at $3,700 with a $1.70 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 ListingModel NameBed/BathPrice Per Sq.Ft.
648 W 16th St, Unit #1648 W 16th St3BR,2BA$0.32
1147 W Taylor St, Unit 11147 W Taylor St3BR,2BA$1.70
1643 S Throop St, Unit 3R1643 S Throop St3BR,1BA$1.72
1823 W 17th St, Unit 1F1823 W 17th St3BR,2BA$1.50
917 S Loomis St, Unit 1917 S Loomis St5BR,2BA$1.83
1621 S Carpenter St1012BR,2BA$1.95
229 S Racine Ave, Unit 1229 S Racine Ave2BR,2BA$2.06
Harris Point Chicago1500 W. Polk St. Apt 3M2BR,1BA$2.04
1431 W Flournoy St, Unit G1431 W Flournoy St2BR,1BA$1.75
1720 S Clinton St, Unit Coach House1720 S Clinton St1BR,1BA$1.88

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Frequently Asked Questions about Little Italy

What type of rentals are currently available in Little Italy?

There are currently 499 Apartments for Rent in Little Italy, IL with pricing that ranges from $750 to $13,213. There are also 359 Single Family Homes for rent, Condos, and Townhome rentals currently available in Little Italy ranging from $960 to $15,000.

What is the current price range for Rental Homes in Little Italy?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Little Italy ranges from $960 to $15,000 with an average monthly rent of $2,695.

How much are larger Three and Four Bedroom Rentals in Little Italy?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Little Italy range from $1,075 to $12,077, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $15,000. Four Bedroom Single-Family rentals are also available starting from $960 and Four Bedroom Apartments start at $1,040.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.