
Cheap 1 Bedroom Apartments for Rent in the Medical Village Neighborhood of Chicago, IL from $1,200 (24 Rentals)


1840-1850 S Fairfield Ave

The Boulevard at OC Living

1733 W 19th St, Unit R2

2346 W 19th St

Total Monthly Price
1822 S Throop St

1700 W Cermak Rd, Unit BR

2713 W Gladys Ave
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.

Total Monthly Price
2136 West Jackson Boulevard, Unit #1, Unit #1

2228 W 18th Pl, Unit 2R

2001 S Loomis St

Total Monthly Price
2446 W Taylor St, Unit 1, Unit 1

1838 W 21st Pl

Harris Point Chicago

1810 S Throop St

1417 W Cullerton St
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.

1912 S Throop St

Harris Point Chicago

1603 S Wood St

2355 W Harrison St

1656 S Throop St

1659 W. 21st St. / 2109 S. Paulina St.

Lexington 90

Harris Point Chicago
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.
Medical Village, Chicago, IL Local Guide

How much does it cost to rent an apartment in Medical Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Medical Village Studio Apartments | $1,923 | $925 | $2,262 |
Medical Village 1 Bedroom Apartments | $2,385 | $1,200 | $2,995 |
| Medical Village 2 Bedroom Apartments | $2,804 | $1,109 | $10,000+ |
| Medical Village 3 Bedroom Apartments | $3,268 | $1,650 | $5,754 |
| Medical Village 4 Bedroom Apartments | $3,508 | $2,400 | $4,890 |
Explore Chicago
Medical Village, Chicago, IL Local Guide
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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 LifestyleMedical Village, Chicago, IL
Ranked #49
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Medical Village, Chicago, IL
Chicago World Language Academy
School data provided by Great Schools
Frequently Asked Questions about Cheap Medical Village Apartments
What is the price of a cheap apartment in Medical Village?
The cheapest apartment in Medical Village is 1840-1850 S Fairfield Ave which is listed at $1,300, while the average apartment in Medical Village costs $10,709.
What types of apartments are the cheapest in Medical Village?
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 12 regular apartments in Medical Village 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 Medical Village?
Cheap apartments in Medical Village have an average cost of $951 which is $9,758 cheaper than the average rent for all rentals in Medical Village.
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
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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
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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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
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Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.