
Studio Apartments for Rent in the Madison Square Neighborhood of Chicago, IL (67 Rentals)


5318 W Race Ave

5250-5256 W Fulton Ave

5421-5423 W Quincy St

4700-4702 W Adams St

6 N Lockwood Ave

158-160 N Laramie Ave

4111 W Grenshaw St

5014-5018 W West End Ave

5550 W Monroe St
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

311-315 N Long Ave

4002-4008-4008 W West End Ave

42-46 N Pine Ave

5251-5253 W Ferdinand St

124-126 N Long Ave

4834 W West End Ave

5500-5510 W Lake St

5502-5504 W Congress Pky

726 N Pine Ave

4740 W Jackson Blvd
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

4049 W Jackson Blvd

4314 W Wilcox St

5000-5014 W Madison St

4042 W Wilcox St

224-228 N Pine Ave

4407-4409 W Adams St

700 N Laramie Ave

5448-5450 W Quincy St

4450-58 Congress

432 N Leamington Ave
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.

4047-4049 W Jackson Blvd

4934 W Jackson Blvd

4121 W Jackson Blvd

4329 W Wilcox St

5448-5450 W Congress Pky

542 N Pine Ave

123 N Central Ave

4114 W Washington Blvd

5125 W Madison St

Garfield Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

5001 W Adams St

Washington villa

New Horizon Apartments

5235 W Lake St

215 N Central Ave

441-449 N Central Ave

5200-5210 W Quincy St

5412 W Ferdinand

5315 W Washington Blvd

567 N Pine Ave
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!
Madison Square, Chicago, IL Local Guide

How much does it cost to rent an apartment in Madison Square?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
Madison Square Studio Apartments | $890 | $890 | $890 |
| Madison Square 1 Bedroom Apartments | $1,115 | $1,000 | $1,200 |
| Madison Square 2 Bedroom Apartments | $1,500 | $1,095 | $2,100 |
| Madison Square 3 Bedroom Apartments | $1,973 | $1,700 | $2,400 |
| Madison Square 4 Bedroom Apartments | $2,346 | $1,740 | $3,500 |
Browse Apartments in this Neighborhood
There are currently 67 rentals with your search options within a 1 mile radius of the Madison Square Neighborhood of Chicago, IL.
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Madison Square, Chicago, IL Local Guide
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Largest Available Madison Square Studio Apartments
The largest available Studio apartment unit in the Madison Square area of Chicago, IL is found at 542 N Pine Ave and is listed at 535 square feet priced from $815. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| 542 N Pine Ave | 0BR/1.0BA | 535 Sq Ft | $815 |
| 5125 W Madison St | Studio Apartment | 441 Sq Ft | $895 |
| Washington Plaza | Studio Apartment | 330 Sq Ft | $890 |
Cheapest Available Madison Square Studio Apartments
Currently the lowest priced Studio apartment unit Madison Square of Chicago, IL is the 0BR/1.0BA Model starting from $815 at 542 N Pine Ave. The average price for all Studio apartments in Madison Square is currently $890. Here is today’s list of the cheapest available Studio options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| 542 N Pine Ave | 0BR/1.0BA | $815 |
| Washington Plaza | Studio Apartment | $890 |
| 5125 W Madison St | Studio Apartment | $895 |
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
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 LifestyleMadison Square, Chicago, IL
Ranked #92
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Studio Madison Square Apartments
What is the Cheapest apartment in Madison Square with Studio?
Currently the most affordable Studio in Madison Square is at 542 N Pine Ave listed at $815.
What is the largest available Studio Madison Square Apartment for rent?
Today's apartment with the most square footage in Madison Square is a 535 square feet unit starting from $815 at 542 N Pine Ave.
What is the average size for Madison Square Studio Apartments for rent?
The average size for a Studio rental in Madison Square is currently 355 sq ft.
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

Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Written by: Lauren Harrington
This article was written based on first-hand renter experiences and common layout challenges identified after move-in.

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.

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.