
Cheap Studio Apartments for Rent in the Near South Side Neighborhood of Chicago, IL from $1,194 (27 Rentals)


Eden Commons

21st Street Lofts by 3L Living

30 East Roosevelt

899 S Plymouth Ct, Unit Dearborn Park - South Loo

820 Michigan by 3L Living
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.

Park Michigan - 1212 S Michigan Ave

Total Monthly Price
Coeval

Eleven40

800 S Clark St, Unit 415

River City Apartments

Total Monthly Price
1000 S Michigan Ave, Unit SI FL25-ID1349
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.

Astoria Tower

1407 on Michigan

The Elle Apartments

Total Monthly Price
1400 Wabash

1403 S Wabash Ave

1400 S Michigan Ave, Unit 27G
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.

1171 S Michigan Ave

Total Monthly Price
1401 S. State

871 S Clark St

1251 S Michigan - Senior Living

899 S Plymouth Ct

1311 S Michigan Ave
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.

928 S Clark St

ELEVEN THIRTY

AMLI 900
Near South Side, Chicago, IL Local Guide

How much does it cost to rent an apartment in Near South Side?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
Near South Side Studio Apartments | $2,291 | $1,194 | $9,700 |
| Near South Side 1 Bedroom Apartments | $2,792 | $1,203 | $9,635 |
| Near South Side 2 Bedroom Apartments | $3,762 | $1,715 | $10,000+ |
| Near South Side 3 Bedroom Apartments | $6,244 | $1,590 | $9,410 |
| Near South Side 4 Bedroom Apartments | $8,697 | $8,655 | $8,740 |
Explore Chicago
Near South Side, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
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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 LifestyleNear South Side, Chicago, IL
Ranked #36
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Near South Side Apartments
What is the Cheapest Studio apartment in Near South Side?
Currently the most affordable Cheap Studio Apartment in Near South Side is at Prairie Shores listed at $1,194.
How much is rent for a Cheap One Bedroom Near South Side Apartment?
The lowest price for a Cheap One Bedroom Near South Side Apartment is $1,194 at Prairie Shores.
What is the lowest price for a Cheap Two Bedroom Near South Side Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Near South Side is starting from $1,194 at Prairie Shores.
What is the most affordable Near South Side Three Bedroom Apartment?
The best deal on a cheap Near South Side Three Bedroom Apartment rental is at Prairie Shores and starts from $1,194.
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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.