
Cheap Homes for Rent in the University Village Neighborhood of Chicago, IL from $1,300 (59 Rentals) Page 2 of 2
Search the lowest-cost Homes available for rent right now in the University Village area of Chicago.


1101 W Jackson Blvd

1071 W 15th St

921 S Laflin St, Unit 02F
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!

1043 W Madison St, Unit 27R

801 W Adams St

1101 W Jackson Blvd

1048 W Van Buren 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

352 S Aberdeen St
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 | $3,426 | $1,600 | $5,700 |
| University Village 3 Bedroom Homes for Rent | $4,783 | $2,100 | $8,500 |
| University Village 4 Bedroom Homes for Rent | $3,769 | $2,600 | $6,800 |
| University Village 5 Bedroom Homes for Rent | $6,296 | $6,000 | $6,395 |
Browse Homes for Rent in this Neighborhood
There are currently 59 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 University Village
What type of rentals are currently available in University Village?
There are currently 503 Apartments for Rent in University Village, IL with pricing that ranges from $1,000 to $32,076. There are also 216 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Village ranging from $1,300 to $8,500.
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 $1,300 to $8,500 with an average monthly rent of $3,119.
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 $1,109 to $9,153, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $8,500. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $1,080.
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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Written by: Nicole Harms
When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Written by: Nicole Harms
I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Written by: Nicole Harms
Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.