
Cheap Homes for Rent in the Parc Chesnut Neighborhood of Chicago, IL from $1,575 (241 Rentals)
Search the lowest-cost Homes available for rent right now in the Parc Chesnut area of Chicago.


Total Monthly Price
61 W Erie St, Unit SI FL3-ID1402

Total Monthly Price
61 W Erie St, Unit SI FL2-ID1396

Total Monthly Price
188 N Wells St, Unit SI FL2-ID1234

Total Monthly Price
61 W Erie St, Unit SI FL3-ID1403

1140 North LaSalle Dr., Unit 621

1325 N Dearborn St

1366 N Dearborn St, Unit #204

1140 North LaSalle Dr., Unit 609

1140 North LaSalle Dr., Unit 329
The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

1160 N Dearborn St, Unit #415

1023 N Dearborn St, Unit 504

1140 North LaSalle Dr., Unit 521

1140 North LaSalle Dr., Unit 410

1140 North LaSalle Dr., Unit 522

1140 North LaSalle Dr., Unit 815

Total Monthly Price
1515 N Fremont St, Unit SI FL6-ID1283

1314 N Dearborn St, Unit 201

1140 North LaSalle Dr., Unit 632

1347 N Dearborn St, Unit 605
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1446 N Dearborn St, Unit C4

1329. N Dearborn, Unit C5

Total Monthly Price
1515 N Fremont St, Unit SI FL7-ID305

253 E Delaware Pl

1314 N Dearborn St, Unit 304

1636 N Wells St, Unit 2604

1347 N Dearborn St, Unit 403

437 W Division St

70 W Huron St

1340 N Lake Shore Dr
Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

1515 N Fremont St, Unit 205

340 E Ontario St

30 E Division St

20 E Goethe St, Unit 20 east Goethe

1515 N Fremont St

1540 N La Salle Dr, Unit 607

535 N Michigan Ave

1442 N Dearborn St, Unit B10

1320 N Dearborn St

1140 North LaSalle Dr., Unit 207
Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

253 E Delaware Pl, Unit 20B

1344 N Dearborn St, Unit 16B

1442 N Dearborn St, Unit B61

111 E Chestnut St

641 W Grand Ave, Unit S

Total Monthly Price
60 E Randolph St, Unit SI FL8-ID1346

111 E Chestnut St

829 N Orleans St

324 W Chestnut St

Total Monthly Price
188 N Wells St, Unit SI FL2-ID1232
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Parc Chesnut, Chicago, IL Local Guide

How much does it cost to rent a home in Parc Chesnut?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parc Chesnut 2 Bedroom Homes for Rent | $4,151 | $2,300 | $10,000+ |
| Parc Chesnut 3 Bedroom Homes for Rent | $7,540 | $4,400 | $10,000+ |
| Parc Chesnut 4 Bedroom Homes for Rent | $19,849 | $6,500 | $10,000+ |
| Parc Chesnut 5 Bedroom Homes for Rent | $23,436 | $9,744 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 241 rentals with your search options within a 1 mile radius of the Parc Chesnut Neighborhood of Chicago, IL.
Explore Chicago
Parc Chesnut, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Maple priced from $1,230. 11 W. Division has the second lowest priced unit, which is a Studio apartment currently listed from $1,395. Here are the most affordable Parc Chesnut apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Maple | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,230 |
| 11 W. Division | Studio | Studio,1BA | $1,395 |
| 1164 N Dearborn | Studio | Studio,1BA | $1,495 |
| 1036 N. Dearborn | Studio | Studio,1BA | $1,515 |
| Park Dearborn | Kitchenette | Studio,1BA | $1,550 |
| 1347 N Dearborn | Studio | Studio,1BA | $1,575 |
| 1162 - 1168 N La Salle Blvd | 1168 N. LaSalle Dr. | 1BR,1BA | $1,590 |
| 1522 N La Salle Dr | Studio | Studio,1BA | $1,600 |
Best Value Apartments for Rent in Parc Chesnut, IL
As of September 03, 2026 the best value apartment in the Parc Chesnut area is the $2.74 price per square foot 33 E Division St Model at 33 E Division St, Unit #3 in the in the Magnificent Mile neighborhood starting from $6,300. The second greatest value Parc Chesnut apartment is the 3br/2ba Model at 1154 N Dearborn St starting at $4,489 with a $2.24 price per square foot in the Magnificent Mile neighborhood. Here is today’s list of the best values for Parc Chesnut apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 33 E Division St, Unit #3 | 33 E Division St | 3BR,3BA | $2.74 |
| 1154 N Dearborn St | 3br/2ba | 3BR,2BA | $2.24 |
| 407 W North Ave, Unit 5E | 407 W North Ave | 3BR,2BA | $2.40 |
| 1419 N State Pkwy, Unit 203 | 1419 N State Pkwy | 2BR,2BA | $1.94 |
| 125 S Jefferson St, Unit 1207 | 125 S Jefferson St | 2BR,2BA | $2.55 |
| 440 N. Wabash Ave. | Two Bedroom 1324 sq ft | 2BR,2BA | $2.42 |
| 731 W Ohio St, Unit 2 | 731 W Ohio St | Studio ,1BA | $2.19 |
| Atrium at Old Town Park | Studio A | Studio ,1BA | $2.74 |
| Maple | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.28 |
| Acclaim on North Avenue | Studio Affordable | Studio ,1BA | $2.66 |
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 LifestyleParc Chesnut, Chicago, IL
Ranked #4
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Parc Chesnut
What type of rentals are currently available in Parc Chesnut?
There are currently 853 Apartments for Rent in Parc Chesnut, IL with pricing that ranges from $1,204 to $43,181. There are also 696 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parc Chesnut ranging from $1,575 to $35,000.
What is the current price range for Rental Homes in Parc Chesnut?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parc Chesnut ranges from $1,575 to $35,000 with an average monthly rent of $3,782.
How much are larger Three and Four Bedroom Rentals in Parc Chesnut?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Parc Chesnut range from $4,286 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,400 to $25,000. Four Bedroom Single-Family rentals are also available starting from $6,500 and Four Bedroom Apartments start at $1,294.
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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Written by: Nicole Harms
When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Written by: Nicole Harms
I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Written by: Nicole Harms
Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.