
Cheap 1 Bedroom Apartments for Rent in the University Village Neighborhood of Chicago, IL from $900 (35 Rentals)


1118 W Washburne Ave, Unit 301

561 W 18th St

Total Monthly Price
1439 W 17th St, Unit 1R

906 S Bishop St, Unit G

1700 W Cermak Rd, Unit BR

1532 W 19th St

1503 W 19th St, Unit 4R
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

Total Monthly Price
1503 W 19th St

816 W 18th St, Unit 4M

818 W 18th St, Unit 4M

Roosevelt Square

The Duncan

1911 S May St, Unit 2

1550 S Blue Island Ave, Unit 617

765 W 15th St, Unit 209
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

1822 S Bishop St, Unit 309

Bishop Street Lofts

Total Monthly Price
1820 S Bishop St, Unit 2

1820 S Bishop St, Unit 309

36 S Ashland Ave, Unit 303

913 W Van Buren St, Unit 5B

1810 S Throop St

1912 S Throop St
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1417 W Cullerton St

Harris Point Chicago

1603 S Wood St

1656 S Throop St

1901 S Ruble St

1659 W. 21st St. / 2109 S. Paulina St.

Lexington 90

1659 W 21st St
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1621 S Carpenter St

Harris Point Chicago

36 S Ashland Ave
University Village, Chicago, IL Local Guide

How much does it cost to rent an apartment in University Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Village Studio Apartments | $2,303 | $1,345 | $5,483 |
University Village 1 Bedroom Apartments | $2,760 | $900 | $7,929 |
| University Village 2 Bedroom Apartments | $3,825 | $1,400 | $10,000+ |
| University Village 3 Bedroom Apartments | $3,572 | $1,800 | $8,539 |
| University Village 4 Bedroom Apartments | $1,997 | $1,220 | $10,000+ |
| University Village 5 Bedroom Apartments | $3,450 | $3,400 | $3,500 |
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University Village, Chicago, IL Local Guide
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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.
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 LifestyleUniversity Village, Chicago, IL
Ranked #40
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in University Village, Chicago, IL
Smyth J Elementary School
Young Magnet High School
School data provided by Great Schools
Frequently Asked Questions about Cheap University Village Apartments
What is a cheap apartment in University Village?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Village is under $2,225.
What is the price of a cheap apartment in University Village?
The cheapest apartment in University Village is Roosevelt Square which is listed at $2,000, while the average apartment in University Village costs $3,795.
What types of apartments are the cheapest in University Village?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16 regular apartments in University Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in University Village?
Cheap apartments in University Village have an average cost of $927 which is $2,868 cheaper than the average rent for all rentals in University Village.
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
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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.

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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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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.