813 S Laflin St
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Cheap Homes for Rent in University Village Neighborhood of Chicago, IL from $800 (31 Rentals)
Search the lowest-cost Homes available for rent right now in the University Village area of Chicago.
Room in Shared 4 bed/3 bath home
2122 S Hoyne Ave
ChicagoIL60608
Room in Shared 4 bed/3 bath home
2122 S Hoyne Ave
ChicagoIL60608
Room in Shared 4 bed/3.5 bath home
2122 S Hoyne Ave
ChicagoIL60608
Room in Shared 4 bed/3 bath home
2122 S Hoyne Ave
ChicagoIL60608
Room in Shared 4 bed/1 bath home
2010 S Loomis St
ChicagoIL60608
Room in Shared 4 bed/3 bath home
2122 S Hoyne Ave
ChicagoIL60608
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.
Room in Shared 4 bed/3 bath home
2122 S Hoyne Ave
ChicagoIL60608
Room in Shared 4 bed/3 bath home
2122 S Hoyne Ave
ChicagoIL60608
Room in Shared 4 bed/3 bath home
2122 S Hoyne Ave
ChicagoIL60608
Room in Shared 5 bed/3 bath home
1119 S Loomis St
ChicagoIL60607
1719 W 18th St
ChicagoIL60608
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$1,6752 Bedroom Apartments Available Apr 1
2008 S Loomis St
2008 S Loomis StChicago, IL 60608
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$1,7002 Bedroom Apartments Available Now
1101 W 16th St
1101 W 16th StChicago, IL 60608
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.
1044 W 18th St
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901 S Ashland Ave
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$1,8003 Bedroom Apartments Available Now
1926 S Shelby Ct
1926 S Shelby CtChicago, IL 60608
1846 W 18th St
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$1,8002 Bedroom Apartments Available Now
1131 W 18th St
1131 W 18th StChicago, IL 60608
1715 S Carpenter St
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1243 S Blue Island Ave
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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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$1,9001 Bedroom Apartments Available Now
1834 S Throop St
1834 S Throop StChicago, IL 60608
1043 W Madison St, Unit 27R
1043 W Madison St
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1044 W 18th St
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1134 W 18th St
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1134 W 18th St
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710 W Adams St
ChicagoIL60661
1838 S Ashland Ave
ChicagoIL60608
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.
1702 S Morgan St, Unit # 02R
1702 S Morgan St
ChicagoIL60608
1013 W 18th St, Unit # 02
1013 W 18th St
ChicagoIL60608
1013 W 18th Pl, Unit 2
1013 W 18th Pl
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Showing Results 1-31, Page 1 of 1
University Village, Chicago, IL Local Guide
How much does it cost to rent a home in University Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Village 2 Bedroom Homes for Rent | $3,261 | $1,800 | $5,103 |
| University Village 3 Bedroom Homes for Rent | $3,629 | $825 | $6,245 |
| University Village 4 Bedroom Homes for Rent | $2,265 | $1,030 | $9,500 |
| University Village 5 Bedroom Homes for Rent | $1,230 | $1,230 | $1,230 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 31 rentals with your search options within a 1 mile radius of the University Village Neighborhood of Chicago, IL.
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Cheapest Available University Village Apartments for Rent
The cheapest available apartment rental in the University Village area of Chicago, IL is a 4 Beds unit found at Addams Coliving priced from $1,250. 768 W. Jackson has the second lowest priced unit, which is a Studio apartment currently listed from $1,325. Here are the most affordable University Village apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Addams Coliving | Unit 207 | 4BR,4BA | $1,250 |
| 768 W. Jackson | Studio | Studio,1BA | $1,325 |
| 561 W 18th St | 1st front | 1BR,1BA | $1,450 |
| The Duncan | M-A2 - 100% AMI ARO | Studio,1BA | $1,745 |
| 1935 S Canalport Ave | Apartment 3 Bedroom | 3BR,2BA | $1,825 |
| The Rosie | A4 | Studio,1BA | $1,888 |
Best Value Apartments for Rent in University Village, IL
As of March 11, 2026 the best value apartment in the University Village area is the $0.93 price per square foot Apartment 3 Bedroom Model at 1935 S Canalport Ave in the in the South Loop neighborhood starting from $1,825. The second greatest value University Village apartment is the 1822 S Throop St Model at 1822 S Throop St, Unit 2F starting at $2,445 with a $1.36 price per square foot in the University Village neighborhood. Here is today’s list of the best values for University Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1935 S Canalport Ave | Apartment 3 Bedroom | 3BR,2.5BA | $0.93 |
| 1822 S Throop St, Unit 2F | 1822 S Throop St | 3BR,2BA | $1.36 |
| 229 S Racine Ave, Unit 1 | 229 S Racine Ave | 2BR,2BA | $2.06 |
| 1806 S Jefferson St | 1806 S Jefferson St | 2BR,1BA | $1.83 |
| 1044 W 18th St, Unit 3F | 1044 W 18th St | 3BR,1BA | $2.05 |
| 1900 S Throop St, Unit 9 | 1900 S Throop St | 3BR,1BA | $1.91 |
| 2020 S Throop St, Unit 2E | 2020 S Throop St | 2BR,2BA | $2.24 |
| 1943 W 21st Pl, Unit 1R | 1943 W 21st Pl | 2BR,1BA | $1.75 |
| 2103 W 21st Pl, Unit 2 | 2103 W 21st Pl | 3BR,1BA | $2.30 |
| 1529 W 18th St, Unit 2R | 1529 W 18th St | 4BR,1BA | $1.80 |
Frequently Asked Questions about University Village
What type of rentals are currently available in University Village?
There are currently 521 Apartments for Rent in University Village, IL with pricing that ranges from $1,160 to $27,656. There are also 217 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Village ranging from $825 to $9,500.
What is the current price range for Rental Homes in University Village?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University Village ranges from $825 to $9,500 with an average monthly rent of $2,493.
How much are larger Three and Four Bedroom Rentals in University Village?
For those who are looking for larger living arrangements, Three Bedroom Apartments in University Village range from $1,800 to $5,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $6,245. Four Bedroom Single-Family rentals are also available starting from $1,030 and Four Bedroom Apartments start at $1,160.
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
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.
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.
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
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.
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.
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.