Cheap Homes for Rent in Parc Chesnut Neighborhood of Chicago, IL from $1,400 (221 Rentals)

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

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.

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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.

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property at 1340 N Dearborn St

$1,580 - $1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,580 - $1,695
Total Monthly Price
$1,580 - $1,695

Studio, 1 Bath Condo for Rent

Available Now

1340 N Dearborn St

ChicagoIL60610

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.

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property at 253 E Delaware Pl

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

Studio, 1 Bath Condo for Rent

Available Now

253 E Delaware Pl, Unit 12H, Unit 12H

253 E Delaware Pl
ChicagoIL60611

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.

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property at 70 Huron W St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

Studio, 1 Bath Condo for Rent

Available May 21

70 Huron W St, Unit 1101, Unit 1101

70 Huron W St
ChicagoIL60654
property at 1122 N Dearborn St

$1,900 - $2,300

Studio To 1 Bedroom Condos for Rent

Available Now

1122 N Dearborn St

ChicagoIL60610

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!

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Showing Results 1-50, Page 1 of 5

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 Studio unit found at 11 W. Division priced from $1,215. Maple has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,230. Here are the most affordable Parc Chesnut apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
11 W. DivisionStudioStudio,1BA$1,215
Maple1 Bedroom 1 Bathroom1BR,1BA$1,230
1036 N. DearbornStudioStudio,1BA$1,345
25 E. DelawareStudio 1Studio,1BA$1,395
Gramercy Row ApartmentsStudio Floor Plan S15Studio,1BA$1,409
The Oliver on LaSalleStudioStudio,1BA$1,418
1164 N DearbornStudioStudio,1BA$1,425

Best Value Apartments for Rent in Parc Chesnut, IL

As of April 15, 2026 the best value apartment in the Parc Chesnut area is the $2.67 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 $5,600. The second greatest value Parc Chesnut apartment is the 1518 N Sedgwick St Model at 1518 N Sedgwick St, Unit 4B starting at $5,250 with a $2.63 price per square foot in the Parc Chesnut 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.
1008 W Lake St, Unit 21008 W Lake St1BR,1.5BA$2.67
1518 N Sedgwick St, Unit 4B1518 N Sedgwick St3BR,2BA$2.63
1332 N Cleveland Ave, Unit 11332 N Cleveland Ave3BR,3BA$2.59
1221 N. LaSalle LoftsStoreFrontStudio ,2BA$2.00
TRIO ApartmentsOne Bedroom - A21BR,2BA$2.38
10 E. Ontario St.1 Bedroom1BR,1BA$2.11
Elm Street PlazaOne Bedroom1BR,1BA$2.67
1226 N Dearborn St1226 N Dearborn St2BR,1BA$2.82
1111 N. Dearborn1-BR/1BA1BR,1BA$2.79
Maple1 Bedroom 1 Bathroom1BR,1BA$2.28

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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Best 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

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The 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.

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Cash 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.

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A 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

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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Parc Chesnut, Chicago, IL

Ranked #4

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Parc Chesnut

What type of rentals are currently available in Parc Chesnut?

There are currently 861 Apartments for Rent in Parc Chesnut, IL with pricing that ranges from $1,105 to $48,409. There are also 865 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parc Chesnut ranging from $1,418 to $24,001.

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 $1,418 to $24,001 with an average monthly rent of $9,479.

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 $3,875 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,800 to $12,000. Four Bedroom Single-Family rentals are also available starting from $6,000 and Four Bedroom Apartments start at $6,900.

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

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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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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

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.

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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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.