
Cheap Homes for Rent in Parc Chesnut Neighborhood of Chicago, IL from $1,300 (282 Rentals)
Search the lowest-cost Homes available for rent right now in the Parc Chesnut area of Chicago.


1160 N Dearborn St, Unit #213

1164 N Dearborn St

1169 N Dearborn St

1169 N Dearborn St

1169 N Dearborn St

1169 N Dearborn

1515 N Fremont St

61 W Erie St

61 W Erie St
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.

1515 N Fremont St

535 N Michigan Ave, Unit 407

21 E Chestnut St

238 E Chestnut St

1504 N Dearborn Pkwy

188 N Wells St

40 E Cedar St, Unit 15E

1244 N Dearborn St, Unit 3R

188 N Wells St

1340 N Dearborn St, Unit 601
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.

233 E Erie St, Unit 233 E Erie Unit 1408

1347 N Dearborn St

1366 N Dearborn St, Unit #203

125 S Jefferson St

401 E Ontario St, Unit 2811

152 W Superior St, Unit 4R

1226 N Dearborn St, Unit 33C

1122 N Clark St, Unit 1122

77 W Huron St

777 N Michigan Ave, Unit 1706
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

1339 N Dearborn St

910 W Huron St

211 W Scott St

330 W Grand Ave, Unit 1505

45 W Elm St

1232 N Dearborn St

1229 N Dearborn St

212e E Chestnut St

200 E Chestnut St

210 N Wells St
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.

197 W Randolph St

61 W Erie St

535 N Michigan Ave, Unit 2507

53 E Chestnut St

1158 N Dearborn St

1169 N Dearborn St

1353 N State Pkwy

1435 N Dearborn St, Unit 4B

1164 N Dearborn St

111 E Chestnut St, Unit 23b
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $3,752 | $2,000 | $10,000+ |
| Parc Chesnut 3 Bedroom Homes for Rent | $6,754 | $3,800 | $10,000+ |
| Parc Chesnut 4 Bedroom Homes for Rent | $11,638 | $5,595 | $10,000+ |
| Parc Chesnut 5 Bedroom Homes for Rent | $11,730 | $5,595 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 282 rentals with your search options within a 1 mile radius of the Parc Chesnut Neighborhood of Chicago, IL.
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Parc Chesnut, Chicago, IL Local Guide
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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. Elm 551 at Parkside has the second lowest priced unit, which is a Studio apartment currently listed from $1,313. 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 |
| Elm 551 at Parkside | Studio | Studio,1BA | $1,313 |
| 1164 N Dearborn | Studio | Studio,1BA | $1,325 |
| 11 W. Division | Studio | Studio,1BA | $1,345 |
| Gramercy Row Apartments | Studio Floor Plan S15 | Studio,1BA | $1,379 |
| 211 E. Delaware | Studio | Studio,1BA | $1,415 |
| 1036 N. Dearborn | Studio | Studio,1BA | $1,425 |
Best Value Apartments for Rent in Parc Chesnut, IL
As of January 10, 2026 the best value apartment in the Parc Chesnut area is the $2.14 price per square foot 1008 W Lake St Model at 1008 W Lake St, Unit 2 in the in the Parc Chesnut neighborhood starting from $4,500. The second greatest value Parc Chesnut apartment is the 2br/2ba Model at 1154 N Dearborn St starting at $3,185 with a $1.87 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. |
|---|---|---|---|
| 1008 W Lake St, Unit 2 | 1008 W Lake St | 1BR,1.5BA | $2.14 |
| 1154 N Dearborn St | 2br/2ba | 2BR,2BA | $1.87 |
| DEARBORN DISTRICT | 2BR / 2BA | 2BR,2BA | $1.87 |
| 1221 N. LaSalle Lofts | StoreFront | Studio ,2BA | $2.00 |
| 706 N Wells St, Unit 2nd floor | 706 N Wells St | 1BR,1BA | $2.19 |
| Acclaim on North Avenue | 2 Bedroom 2 Bath Market | 2BR,2BA | $2.46 |
| 110 N Peoria St, Unit A01C | 110 N Peoria St | 1BR,1BA | $2.18 |
| 10 E. Ontario St. | 1 Bedroom | 1BR,1BA | $2.11 |
| Post Chicago | Private Bed in a 3 Bed 2 Bath B | 1BR,2BA | $1.51 |
| Maple | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.28 |
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 ArticleThe 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.
Read ArticleCash 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.
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 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 891 Apartments for Rent in Parc Chesnut, IL with pricing that ranges from $1,105 to $77,776. There are also 841 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parc Chesnut ranging from $1,325 to $24,000.
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 $1,325 to $24,000 with an average monthly rent of $6,403.
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 $2,220 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,800 to $16,000. Four Bedroom Single-Family rentals are also available starting from $5,595 and Four Bedroom Apartments start at $1,399.
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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!