618 S Racine Ave
ChicagoIL60607
Cheap Apartments for Rent in the Medical Village Neighborhood of Chicago, IL from $700 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Medical Village area of Chicago.
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from $925Studio to 2 Bedroom Apartments Contact Us For Availability
OC Living
1325 S Washtenaw AveChicago, IL 60608
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from $1,2251 Bedroom Apartments Available Now
1840-1850 S Fairfield Ave
1840-1850 S Fairfield AveChicago, IL 60608
1533 W 17th St
ChicagoIL60608
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from $1,450Studio to 3 Bedroom Apartments Contact Us For Availability
Roosevelt Square
1357 W Roosevelt RdChicago, IL 60608
1007 S Oakley Blvd
ChicagoIL60612
1445 W Taylor St
ChicagoIL60607
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from $1,6002 Bedroom Apartment Available Sep 15
2314 S Seeley Ave, Unit Garden Unit
2314 S Seeley AveChicago, IL 60608
1532 W 19th St
ChicagoIL60608
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1 to 2 Bedroom Apartments
Roosevelt Place Senior Apartments
1401-1431 W Roosevelt RdChicago, IL 60608
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Showing Results 1-23, Page 1 of 1
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 | $1,901 | $800 | $2,647 |
| Medical Village 1 Bedroom Apartments | $2,441 | $1,225 | $3,664 |
| Medical Village 2 Bedroom Apartments | $2,268 | $1,109 | $3,724 |
| Medical Village 3 Bedroom Apartments | $2,981 | $1,700 | $6,900 |
| Medical Village 4 Bedroom Apartments | $1,999 | $1,195 | $4,500 |
Browse Apartments in this Neighborhood
There are currently 23 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 1 Bed unit found at 1840-1850 S Fairfield Ave priced from $1,225. Harris Point Chicago has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,650. Here are the most affordable Medical Village apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1840-1850 S Fairfield Ave | 1 Beds, 1 Baths | 1BR,1BA | $1,225 |
| Harris Point Chicago | 1404 W Taylor St, Apt 8 | 1BR,1BA | $1,650 |
| Harris Point Chicago | 905 S Claremont Apt. GR | 1BR,1BA | $1,650 |
| Bishop Street Lofts | Two Bedroom Loft | 2BR,1BA | $1,800 |
| Harris Point Chicago | 910 S Loomis St Apt 1F | 2BR,2BA | $1,900 |
Best Value Apartments for Rent in Medical Village, IL
As of June 30, 2025 the best value apartment in the Medical Village area is the $0.17 price per square foot 1914 W 21st Plz Model at 1914 W 21st Plz, Unit G in the in the University Village neighborhood starting from $1,700. The second greatest value Medical Village apartment is the 1335 W Taylor St Model at 1335 W Taylor St, Unit 2 starting at $3,995 with a $1.82 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. |
|---|---|---|---|
| 1914 W 21st Plz, Unit G | 1914 W 21st Plz | 2BR,1BA | $0.17 |
| 1335 W Taylor St, Unit 2 | 1335 W Taylor St | 4BR,2BA | $1.82 |
| 915 S Loomis St, Unit 2 | 915 S Loomis St | 5BR,2BA | $1.83 |
| 2440 W Lexington St, Unit 1 | 2440 W Lexington St | 4BR,2BA | $1.38 |
| 1514 W 18th Pl, Unit 2 | 1514 W 18th Pl | 2BR,2BA | $1.87 |
| 739 S Western Ave, Unit 3 | 739 S Western Ave | 3BR,2BA | $1.47 |
| 2237 W 18th St, Unit 1 | 2237 W 18th St | 3BR,2BA | $1.88 |
| 2742 W Polk St, Unit G | 2742 W Polk St | 2BR,1BA | $1.42 |
| 2136 W 18th Pl, Unit 3 | 2136 W 18th Pl | 1BR,1BA | $1.89 |
| 1840-1850 S Fairfield Ave | 1 Beds, 1 Baths | 1BR,1BA | $1.80 |
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Pet Friendly LifestyleMedical Village, Chicago, IL
Ranked #65
Among neighborhoods in Chicago, IL 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 price of a cheap apartment in Medical Village?
The cheapest apartment in Medical Village is 1840-1850 S Fairfield Ave which is listed at $1,225, while the average apartment in Medical Village costs $3,300.
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 13 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 $1,083 which is $2,217 cheaper than the average rent for all rentals in Medical Village.
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.
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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.