
Cheap Homes for Rent in Streeterville Neighborhood of Chicago, IL from $1,800 (29 Rentals)
Search the lowest-cost Homes available for rent right now in the Streeterville area of Chicago.


535 N Michigan Ave

Total Monthly Price
200 E Chestnut St, Unit SI FL15-ID619

Total Monthly Price
200 E Chestnut St, Unit SI FL17-ID620

211 E Ohio St, Unit 911, Unit 911

233 E Erie St

211 E Ohio St, Unit 1711, Unit 1711
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.

777 N Michigan Ave, Unit # 01706, Unit # 01706

850 N Dewitt Pl

401 E Ontario St

211 E Ohio St

469 E Ohio St, Unit 469 E Ohio

535 N Michigan Ave, Unit 2507, Unit 2507

Total Monthly Price
500 N Lake Shore Dr, Unit SI FL5-ID394
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.

Total Monthly Price
750 N Rush St, Unit SI FL13-ID269

401 E Ontario St, Unit 3308, Unit 3308

405 N WABASH, Unit 4401, Unit 4401

474 N Lake Shore Dr, Unit 5603, Unit 5603

474 N Lake Shore Dr

350 E Ohio St

Total Monthly Price
750 N Rush St, Unit SI FL11-ID165
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.

233 E Erie St, Unit 1703, Unit 1703

222 E Grand Ave

211 E Ohio St, Unit 2513, Unit 2513

401 E Ontario St, Unit 1605, Unit 1605

1000 N Lake Shore Dr

401 E Ontario St

777 N Michigan Ave
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.

505 N Lake Shore Dr
Streeterville, Chicago, IL Local Guide

How much does it cost to rent a home in Streeterville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Streeterville 2 Bedroom Homes for Rent | $4,855 | $2,899 | $10,000+ |
| Streeterville 3 Bedroom Homes for Rent | $7,849 | $4,800 | $10,000+ |
| Streeterville 4 Bedroom Homes for Rent | $12,999 | $6,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Streeterville Neighborhood of Chicago, IL.
Explore Chicago
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 $1,445. 244 E. Pearson has the second lowest priced unit, which is a Studio apartment currently listed from $1,675. Here are the most affordable Streeterville apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 211 E. Delaware | Studio | Studio,1BA | $1,445 |
| 244 E. Pearson | Studio | Studio,1BA | $1,675 |
| The Seneca Apartments | S1 | Studio,1BA | $1,849 |
| Arrive Streeterville | 09 Studio | Studio,1BA | $2,039 |
| Axis Apartments and Lofts | Studio | Studio,1BA | $2,055 |
| Lake Shore Plaza | One Bedroom | 1BR,1BA | $2,135 |
| 500 Lake Shore Drive | Studio / 1 Bathroom | Studio,1BA | $2,525 |
| Atwater Apartments | B | Studio,1BA | $2,528 |
Best Value Apartments for Rent in Streeterville, IL
As of May 25, 2026 the best value apartment in the Streeterville area is the $4.40 price per square foot 808 N Lake Shore Dr Model at 808 N Lake Shore Dr in the in the Magnificent Mile neighborhood starting from $6,342. The second greatest value Streeterville apartment is the 2-BR/2BA Model at 750 N. Rush starting at $3,557 with a $2.88 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 808 N Lake Shore Dr | 808 N Lake Shore Dr | 3BR,3BA | $4.40 |
| 750 N. Rush | 2-BR/2BA | 2BR,2BA | $2.88 |
| Lake Shore Plaza | One Bedroom | 1BR,1BA | $2.97 |
| Cityfront Place | C01 | 1BR,1BA | $3.58 |
| 211 E Ohio st., Unit 305 | 211 E Ohio st. | 1BR,1BA | $3.24 |
| 211 E Ohio St, Unit 712 | 211 E Ohio St | Studio ,1BA | $3.25 |
| The Streeter | Studio Style (E) | Studio ,1BA | $4.36 |
| Atwater Apartments | B | Studio ,1BA | $4.39 |
| Arrive Streeterville | 09 Studio | Studio ,1BA | $4.11 |
| Axis Apartments and Lofts | Studio | Studio ,1BA | $4.36 |
Frequently Asked Questions about Streeterville
What type of rentals are currently available in Streeterville?
There are currently 101 Apartments for Rent in Streeterville, IL with pricing that ranges from $1,445 to $9,089. There are also 124 Single Family Homes for rent, Condos, and Townhome rentals currently available in Streeterville ranging from $1,800 to $19,998.
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 $1,800 to $19,998 with an average monthly rent of $6,140.
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
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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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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 Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.

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.