
Cheap Apartments for Rent in the Medical Village Neighborhood of Chicago, IL from $700 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Medical Village area of Chicago.


1527 W 18th St, Unit 4

2156 W 18th Pl

831 S Western Ave

2448 W Taylor St, Unit 1

2249 S Bell Ave, Unit 1R
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2008 S Loomis St

2228 W 18th Pl

Roosevelt Place Senior Apartments

Harris Point Chicago

1810 S Throop St

1204 W Lexington St
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1840-1850 S Fairfield Ave

1912 S Throop St

The Oakley

Pilsen Apartments

1206-1208 W Lexington St

1417 W Cullerton St
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Harris Point Chicago

1249 S Fairfield Ave Chicago, IL 60608

2303 W Cullerton St

1603 S Wood St

1413 W Taylor St

1659 W. 21st St. / 2109 S. Paulina St.
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1758 W. 21st Pl. / 2115 S. Wood St.

Lexington 90
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 | $1,879 | $925 | $2,261 |
| Medical Village 1 Bedroom Apartments | $2,602 | $1,300 | $10,000+ |
| Medical Village 2 Bedroom Apartments | $2,454 | $1,109 | $3,476 |
| Medical Village 3 Bedroom Apartments | $2,787 | $2,000 | $6,582 |
| Medical Village 4 Bedroom Apartments | $1,525 | $1,160 | $4,890 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 1 mile radius of the Medical Village Neighborhood of Chicago, IL.
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Medical Village, Chicago, IL Local Guide
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Cheapest Available Medical Village Apartments for Rent
 The cheapest available apartment rental in the Medical Village area of Chicago, IL is a 4 Beds unit found at Addams Coliving priced from $1,190. Bishop Street Lofts has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,800. Here are the most affordable Medical Village apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Addams Coliving | Unit 316 | 4BR,3BA | $1,190 |
| Bishop Street Lofts | Two Bedroom Loft | 2BR,1BA | $1,800 |
| The Rosie | A6 | Studio,1BA | $1,918 |
Best Value Apartments for Rent in Medical Village, IL
As of January 07, 2026 the best value apartment in the Medical Village area is the $1.05 price per square foot 933 S Western Ave Model at 933 S Western Ave, Unit #2 in the in the Near West Side neighborhood starting from $2,300. The second greatest value Medical Village apartment is the 1751 W 21st Pl Model at 1751 W 21st Pl, Unit 1 starting at $2,000 with a $1.00 price per square foot in the University Village neighborhood. Here is today’s list of the best values for Medical Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 933 S Western Ave, Unit #2 | 933 S Western Ave | 3BR,2BA | $1.05 |
| 1751 W 21st Pl, Unit 1 | 1751 W 21st Pl | 3BR,1BA | $1.00 |
| 1822 S Throop St, Unit 2F | 1822 S Throop St | 3BR,2BA | $1.36 |
| 1822 S Throop St, Unit 1F | 1822 S Throop St | 3BR,2.5BA | $1.58 |
| 1900 S Throop St, Unit 6 | 1900 S Throop St | 3BR,1BA | $1.43 |
| 719 S Loomis St, Unit 2 | 719 S Loomis St | 4BR,1BA | $1.87 |
| 1427 W Lexington St, Unit 1 st. Floor | 1427 W Lexington St | 3BR,1.5BA | $1.62 |
| 2448 W Taylor St, Unit 1 | 2448 W Taylor St | 3BR,1BA | $1.56 |
| 1943 W 21st Pl, Unit 1R | 1943 W 21st Pl | 2BR,1BA | $1.75 |
| 2249 S Bell Ave, Unit 1R | 2249 S Bell Ave | 2BR,1BA | $1.60 |
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
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Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleMedical Village, Chicago, IL
Ranked #47
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Medical Village Apartments
What is the Cheapest Studio apartment in Medical Village?
Currently the most affordable Cheap Studio Apartment in Medical Village is at The Rosie listed at $1,918.
How much is rent for a Cheap One Bedroom Medical Village Apartment?
The lowest price for a Cheap One Bedroom Medical Village Apartment is $1,950 at Bishop Street Lofts.
What is the lowest price for a Cheap Two Bedroom Medical Village Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Medical Village is starting from $1,800 at Bishop Street Lofts.
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.

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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

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Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
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How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!