Cheap Apartments for Rent in the Parc Chesnut Neighborhood of Chicago, IL from $700 (127 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Parc Chesnut area of Chicago.

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Parc Chesnut, Chicago, IL Local Guide

Cheapest Available Parc Chesnut Apartments for Rent

 

The cheapest available apartment rental in the Parc Chesnut area of Chicago, IL is a 1 Bed unit found at 868 N. Wells priced from $1,169. Post Chicago Apartments has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,179. Here are the most affordable Parc Chesnut apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
868 N. WellsA01a1BR,1BA$1,169
Post Chicago Apartments4 Bed 3 Bath4BR,3BA$1,179
11 W. DivisionStudioStudio,1BA$1,225
25 E. DelawareStudioStudio,1BA$1,295
Elm 551 at ParksideStudioStudio,1BA$1,313
1162 - 1168 N La Salle Blvd1 Bed 1 Bath1BR,1BA$1,375
1100 North LasalleStudioStudio,1BA$1,390

Best Value Apartments for Rent in Parc Chesnut, IL

As of June 08, 2025 the best value apartment in the Parc Chesnut area is the $2.43 price per square foot 650 N Morgan St Model at 650 N Morgan St in the in the Parc Chesnut neighborhood starting from $5,200. The second greatest value Parc Chesnut apartment is the 407 W North Ave Model at 407 W North Ave, Unit 5E starting at $4,500 with a $2.40 price per square foot in the Lincoln Park neighborhood. Here is today’s list of the best values for Parc Chesnut apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
650 N Morgan St650 N Morgan St4BR,2BA$2.43
407 W North Ave, Unit 5E407 W North Ave3BR,2BA$2.40
1221 N. LaSalle LoftsStoreFrontStudio ,2BA$2.00
Terrace 459Two Bed/Two Bath2BR,2BA$1.96
Affinity of North Avenue2bdmktrn2BR,2BA$2.02
Post Chicago Apartments3 Bed 2 Bath3BR,2BA$1.05
10 E. Ontario St.1 Bedroom1BR,1BA$2.11
1435 N Dearborn St, Unit b21435 N Dearborn St1BR,1BA$2.37
Larrabee Place at Parkside of Old Town1 Bedroom1BR,1BA$2.28
1162 - 1168 N La Salle Blvd1 Bed 1 Bath1BR,1BA$2.39

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Pet Friendly Lifestyle
Parc Chesnut, Chicago, IL

Ranked #3

Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities across the United States and customized analysis for Central Chicago. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Parc Chesnut Apartments

What is a cheap apartment in Parc Chesnut?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parc Chesnut is under $1,390.

What is the price of a cheap apartment in Parc Chesnut?

The cheapest apartment in Parc Chesnut is 868 N. Wells which is listed at $1,169, while the average apartment in Parc Chesnut costs $14,759.

What types of apartments are the cheapest in Parc Chesnut?

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 58 regular apartments in Parc Chesnut 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 Parc Chesnut?

Cheap apartments in Parc Chesnut have an average cost of $739 which is $14,020 cheaper than the average rent for all rentals in Parc Chesnut.

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.

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