
Cheap Apartments for Rent in the University Village Neighborhood of Chicago, IL from $700 (85 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the University Village area of Chicago.


1603 S Wood St

1322 W 18th Pl

6 Units in Pilsen - Beautifully Rehabbed

1413 W Taylor St

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

1758 W. 21st Pl. / 2115 S. Wood St.

1525 S Sangamon St
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

Lexington 90

915 S Aberdeen St

1507 W Taylor St

1707-1709 S Racine Ave

1014 W 19th St

1449-1453 W Flournoy St

1435 W Lexington St

1621 S Carpenter St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1935 S Canalport Ave

898 S Ashland Ave

1644 W 21st St

Harris Point Chicago

Harris Point Chicago

1511 S Laflin St

1719 S Ruble St

544 W Cullerton St
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.

1612 W 17th St

1927 S Racine Ave

1337 W Flournoy St

1016 S May St

1625 W Hastings St

Harris Point Chicago

Harris Point Chicago

1911 S May 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.

2046 W 19th St

Harris Point Chicago

1550 S Blue Island 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 | $2,285 | $850 | $4,980 |
| University Village 1 Bedroom Apartments | $2,685 | $1,150 | $5,486 |
| University Village 2 Bedroom Apartments | $3,605 | $1,400 | $6,749 |
| University Village 3 Bedroom Apartments | $3,381 | $1,750 | $7,967 |
| University Village 4 Bedroom Apartments | $2,227 | $1,230 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 85 rentals with your search options within a 1 mile radius of the University Village Neighborhood of Chicago, IL.
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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 $2,050.
What is the price of a cheap apartment in University Village?
The cheapest apartment in University Village is Addams 2.0 which is listed at $1,280, while the average apartment in University Village costs $17,107.
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 42 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 $720 which is $16,387 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.
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.