Apartments for Rent in the Old Town Neighborhood of Chicago, IL Under $1,000 (1 Rental)

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Old Town, Chicago, IL Local Guide

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.

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Getting Around the Old Town Neighborhood in Chicago, IL

Walk Score®

97 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

91 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

81 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about Old Town

How much are Studio apartments in Old Town?

There are currently 67 Studio Apartments in Old Town with rent ranges from $1,195 to $6,128 with an average price of $2,672.

What is the current price range for One Bedroom Old Town Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Old Town ranges from $1,375 to $9,254 with an average monthly rent of $3,703.

What does renting a Two Bedroom Apartment in Old Town cost?

The monthly rent prices of Two Bedroom Apartments currently available in Old Town range from $1,200 to $18,211. Today's average rental price for Two Bedrooms here is $5,594.

How expensive are Old Town Three Bedroom Apartments?

There are currently 72 Three Bedroom Apartments listings available in Old Town on ApartmentHomeLiving.com. The pricing ranges from $1,626 to $23,973 - averaging $7,684 for the location.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

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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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.