Cheap Homes for Rent in Streeterville Neighborhood of Chicago, IL from $1,600 (52 Rentals)

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

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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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.

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property at 211 E Ohio St

211 E Ohio St

ChicagoIL60611

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.

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Navigating the Rental Market: Tips for First-Time Renters

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Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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Cheapest Available Streeterville Apartments for Rent

 

The cheapest available apartment rental in the Streeterville area of Chicago, IL is a Studio unit found at 211 E. Delaware priced from $1,425. 244 E. Pearson has the second lowest priced unit, which is a Studio apartment currently listed from $1,635. Here are the most affordable Streeterville apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
211 E. DelawareStudioStudio,1BA$1,425
244 E. PearsonStudioStudio,1BA$1,635
The Seneca ApartmentsS2Studio,1BA$1,895
Axis Apartments and LoftsConvertible StudioStudio,1BA$1,910
Arrive Streeterville12B StudioStudio,1BA$2,185
The Saint Grand816Studio,1BA$2,338
500 Lake Shore DriveStudio / 1 BathroomStudio,1BA$2,395
The ChicagoanConvertible1BR,1BA$2,410

Best Value Apartments for Rent in Streeterville, IL

As of June 18, 2025 the best value apartment in the Streeterville area is the $3.29 price per square foot 2 Bedroom / 2 Bathroom Model at One Bennett Park in the in the Magnificent Mile neighborhood starting from $5,265. The second greatest value Streeterville apartment is the 441 E Ohio St Model at 441 E Ohio St, Unit 2 starting at $4,193 with a $2.97 price per square foot in the Magnificent Mile neighborhood. Here is today’s list of the best values for Streeterville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
One Bennett Park2 Bedroom / 2 Bathroom2BR,2BA$3.29
441 E Ohio St, Unit 2441 E Ohio St2BR,2BA$2.97
244 E. Pearson3 Bedroom3BR,3BA$3.19
340 E Ohio St, Unit 2340 E Ohio St2BR,2BA$3.49
401 E Illinois St, Unit 1401 E Illinois St2BR,2BA$3.38
Cityfront PlaceA151BR,1BA$3.24
331 E Ontario St, Unit 1331 E Ontario St1BR,1BA$3.39
260 E Chestnut St, Unit 2260 E Chestnut St1BR,1BA$3.38
502 E Illinois St, Unit 1812502 E Illinois St1BR,1BA$3.71
Axis Apartments and LoftsConvertible StudioStudio ,1BA$3.44

Frequently Asked Questions about Streeterville

What type of rentals are currently available in Streeterville?

There are currently 108 Apartments for Rent in Streeterville, IL with pricing that ranges from $1,425 to $24,332. There are also 177 Single Family Homes for rent, Condos, and Townhome rentals currently available in Streeterville ranging from $1,675 to $18,500.

What is the current price range for Rental Homes in Streeterville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Streeterville ranges from $1,675 to $18,500 with an average monthly rent of $4,330.

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.