
Cheap Homes for Rent in Little Italy Neighborhood of Chicago, IL from $1,000 (54 Rentals)
Search the lowest-cost Homes available for rent right now in the Little Italy area of Chicago.


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

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

1656 S Throop St

1732 W 17th St, Unit 1RFB

1511 S Laflin St

818 W 18th St, Unit 4M

1325 W 18th St

1037 S Racine Ave, Unit 2R

1050 W Van Buren 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.

1550 S Blue Island Ave, Unit 617

1619 S Loomis St, Unit 1F

188 N Aberdeen St

565 W Quincy St, Unit 25A

1550 S Blue Island Ave

1550 S Blue Island Ave, Unit 1021

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

1050 W Van Buren St

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

177 N Aberdeen St
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.

1046 W Van Buren St

34 N Sangamon St

700 W Van Buren St, Unit 1010

36 N Sangamon St

1201 W Adams St

900 W Washington Blvd

946 W Washington Blvd

1450 S Blue Island Ave, Unit 408

125 S Green St

1177 W Van Buren St
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.

659 W Randolph St

508 S Damen Ave

542 S Damen Ave

1619 S Loomis St, Unit 1F

180 N Jefferson St, Unit 1007

1311 W Randolph St, Unit 231

1043 W Madison St, Unit 27R

921 S Laflin St, Unit 02F

765 W 15th St, Unit 209

1071 W 15th 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.

1201 W Van Buren St

1133 W Tilden St

550 W Harrison St, Unit 153

210 S Desplaines St, Unit 1008

1101 W Jackson Blvd

1224 W Van Buren St

1118 W Van Buren St

1104 W Van Buren St

743 W Madison St

1415 W Randolph St
Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!
Little Italy, Chicago, IL Local Guide

How much does it cost to rent a home in Little Italy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Little Italy 2 Bedroom Homes for Rent | $3,802 | $1,995 | $5,570 |
| Little Italy 3 Bedroom Homes for Rent | $4,061 | $1,010 | $7,500 |
| Little Italy 4 Bedroom Homes for Rent | $3,850 | $3,400 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 54 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 |
| 561 W 18th St | 1st front | 1BR,1BA | $1,400 |
| 768 W. Jackson | Studio | Studio,1BA | $1,425 |
| Presidential Towers | STUDIO SIX | Studio,1BA | $1,659 |
| The Rosie | A4 | Studio,1BA | $1,836 |
Best Value Apartments for Rent in Little Italy, IL
As of June 09, 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 1427 W Lexington St Model at 1427 W Lexington St, Unit 1 st. Floor starting at $2,100 with a $1.62 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. |
|---|---|---|---|
| 917 S Loomis St, Unit 1 | 917 S Loomis St | 5BR,2BA | $1.94 |
| 1427 W Lexington St, Unit 1 st. Floor | 1427 W Lexington St | 3BR,1.5BA | $1.62 |
| West Haven Park II - B | 3 Bedroom | 3BR,1BA | $1.13 |
| 1820 S Bishop St, Unit 2 | 1820 S Bishop St | 2BR,1BA | $2.00 |
| 825 S Laflin St, Unit 3 | 825 S Laflin St | 3BR,2BA | $2.33 |
| 1637 W 18th St, Unit 1R | 1637 W 18th St | 2BR,1.5BA | $2.24 |
| 915 S Loomis St | 915 S Loomis St | 2BR,1BA | $1.83 |
| Westhaven Park II - C | 1 Bedroom | 1BR,1BA | $0.98 |
| 1724 S Ashland Ave, Unit 3L | 1724 S Ashland Ave | Studio ,1BA | $1.64 |
| 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
Frequently Asked Questions about Little Italy
What type of rentals are currently available in Little Italy?
There are currently 474 Apartments for Rent in Little Italy, IL with pricing that ranges from $1,150 to $29,305. There are also 281 Single Family Homes for rent, Condos, and Townhome rentals currently available in Little Italy ranging from $1,010 to $7,500.
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 $1,010 to $7,500 with an average monthly rent of $3,347.
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 $2,025 to $17,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,010 to $7,500. Four Bedroom Single-Family rentals are also available starting from $3,400 and Four Bedroom Apartments start at $1,220.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.