Room in Shared 3 bed/2 bath home
1945 W Cermak Rd
ChicagoIL60608
Cheap Homes for Rent in Medical Village Neighborhood of Chicago, IL from $700 (27 Rentals)
Search the lowest-cost Homes available for rent right now in the Medical Village area of Chicago.
Room in Shared 4 bed/3.5 bath home
2122 S Hoyne Ave
ChicagoIL60608
Room in Shared 4 bed/1 bath home
2010 S Loomis St
ChicagoIL60608
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.
Room in Shared 4 bed/3 bath home
2122 S Hoyne Ave
ChicagoIL60608
Room in Shared 4 bed/1 bath home
2010 S Loomis St
ChicagoIL60608
Room in Shared 4 bed/3 bath home
2122 S Hoyne Ave
ChicagoIL60608
Room in Shared 4 bed/3.5 bath home
2122 S Hoyne Ave
ChicagoIL60608
Room in Shared 4 bed/3.5 bath home
2122 S Hoyne Ave
ChicagoIL60608
Room in Shared 4 bed/3 bath home
2122 S Hoyne Ave
ChicagoIL60608
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.
Room in Shared 4 bed/2 bath home
1812 S Throop St
ChicagoIL60608
Room in Shared 4 bed/3 bath home
2122 S Hoyne Ave
ChicagoIL60608
Room in Shared 4 bed/3 bath home
2122 S Hoyne Ave
ChicagoIL60608
Room in Shared 4 bed/3 bath home
2122 S Hoyne Ave
ChicagoIL60608
Room in Shared 5 bed/3 bath home
1119 S Loomis St
ChicagoIL60607
Room in Shared 5 bed/3 bath home
1119 S Loomis St
ChicagoIL60607
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Room in Shared 4 bed/3 bath home
2122 S Hoyne Ave
ChicagoIL60608
close
View Me
Room in Shared 4 bed/3 bath home
2122 S Hoyne Ave
ChicagoIL60608
close
View Me
2117 W 18th St
ChicagoIL60608
1846 W 18th St
ChicagoIL60608
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.
close
View Me
1742 W 18th Pl
ChicagoIL60608
7338 S Campbell Ave
ChicagoIL60629
2140 W Cermak Rd
ChicagoIL60608
1820 S Throop St
ChicagoIL60608
1646 W Cermak Rd
ChicagoIL60608
Showing Results 1-27, Page 1 of 1
Medical Village, Chicago, IL Local Guide
How much does it cost to rent a home in Medical Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Medical Village 2 Bedroom Homes for Rent | $2,560 | $1,700 | $4,545 |
| Medical Village 3 Bedroom Homes for Rent | $2,870 | $700 | $6,000 |
| Medical Village 4 Bedroom Homes for Rent | $1,605 | $760 | $4,500 |
| Medical Village 5 Bedroom Homes for Rent | $3,155 | $1,010 | $5,300 |
Browse Homes for Rent in this Neighborhood
There are currently 27 rentals with your search options within a 1 mile radius of the Medical Village Neighborhood of Chicago, IL.
Explore Chicago
Medical Village, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Medical Village Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Harris Point Chicago | 905 S Claremont Apt. 2R | 1BR,1BA | $1,100 |
| Addams Coliving | Unit 316 | 4BR,3BA | $1,190 |
Best Value Apartments for Rent in Medical Village, IL
As of September 16, 2025 the best value apartment in the Medical Village area is the $0.25 price per square foot 624 S Oakley Blvd Model at 624 S Oakley Blvd, Unit # 02 in the in the Near West Side neighborhood starting from $2,500. The second greatest value Medical Village apartment is the 2 Bedroom Model at 1042 S Oakley Blvd Apartments starting at $3,350 with a $1.60 price per square foot in the Medical 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. |
|---|---|---|---|
| 624 S Oakley Blvd, Unit # 02 | 624 S Oakley Blvd | 3BR,2BA | $0.25 |
| 1042 S Oakley Blvd Apartments | 2 Bedroom | 2BR,2BA | $1.60 |
| 1822 S Throop St, Unit 2F | 1822 S Throop St | 3BR,2BA | $1.66 |
| 1822 S Throop St, Unit 2F | 1822 S Throop St | 3BR,2BA | $1.66 |
| 1643 S Throop St, Unit 3R | 1643 S Throop St | 3BR,1BA | $1.55 |
| 624 S Oakley Blvd, Unit Unit 2 | 624 S Oakley Blvd | 3BR,2BA | $1.43 |
| 2028 W 22nd Pl, Unit 1 | 2028 W 22nd Pl | 2BR,1BA | $1.10 |
| 2024 S Leavitt St, Unit 1 | 2024 S Leavitt St | 3BR,1BA | $1.67 |
| 2110 W 22nd Pl, Unit First Floor Rear | 2110 W 22nd Pl | 3BR,1BA | $1.25 |
| 2122 W 21st St, Unit 2 | 2122 W 21st St | 2BR,1BA | $1.73 |
Quick 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.
Let everyone know!
Do you know the Medical Village area?
If you’re an expert on all things Medical Village, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleMedical Village, Chicago, IL
Ranked #51
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Medical Village
What type of rentals are currently available in Medical Village?
There are currently 485 Apartments for Rent in Medical Village, IL with pricing that ranges from $925 to $24,251. There are also 140 Single Family Homes for rent, Condos, and Townhome rentals currently available in Medical Village ranging from $700 to $6,000.
What is the current price range for Rental Homes in Medical Village?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Medical Village ranges from $700 to $6,000 with an average monthly rent of $2,321.
How much are larger Three and Four Bedroom Rentals in Medical Village?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Medical Village range from $1,500 to $17,205, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $6,000. Four Bedroom Single-Family rentals are also available starting from $760 and Four Bedroom Apartments start at $1,160.
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.
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.