5 Bedroom Apartments for Rent in Chicago, IL (116 Rentals)

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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

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Lawndale Apartments
5 Bedroom Apartments

Lawndale Apartments

3206 W Douglas BlvdChicago, IL 60623
  • Utilities Inc.
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4725 W maypole
5 Bedroom Apartments

4725 W maypole

4721-4725 W Maypole AveChicago, IL 60644
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3727 N. Fremont
5 Bedroom Apartments

3727 N. Fremont

3725-3727 N Fremont StChicago, IL 60613
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1524 W Fullerton Ave
5 Bedroom Apartments

1524 W Fullerton Ave

1524 W Fullerton AveChicago, IL 60614
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1100 W Polk St
5 Bedroom Apartments

1100 W Polk St

1100 W Polk StChicago, IL 60607
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4836 W Erie St
5 Bedroom Apartments

4836 W Erie St

4836 W Erie StChicago, IL 60644
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Wolfram18
5 Bedroom Apartments

Wolfram18

1650 W Wolfram StChicago, IL 60657
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Woodlawn Six
5 Bedroom Apartments

Woodlawn Six

6201-6207 S Kimbark AveChicago, IL 60637
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4209 W Cermak Rd
5 Bedroom Apartments

4209 W Cermak Rd

4209 W Cermak RdChicago, IL 60623
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123 S Peoria St
5 Bedroom Apartments

123 S Peoria St

123 S Peoria StChicago, IL 60607
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7601 S Essex Ave
5 Bedroom Apartments

7601 S Essex Ave

7601 S Essex AveChicago, IL 60649

Chicago, IL Local Guide

Cheapest Available Chicago 5 Bedroom Apartments

As of March 12, 2025 the lowest priced 5 Bedroom apartment unit in Chicago, IL is the 5 Bedroom 3 Baths Model starting from $3,950 at Luxury Student Housing at Leavitt Place in the Lower West Side neighborhood. The second most affordable Chicago 5 Bedroom is the 1515-5bD Model at 1515 E. 54th Street starting at $4,095 in the Hyde Park neighborhood. The average price for all 5 Bedroom apartments in Chicago is currently $3,987. Here is today’s list of the cheapest available 5 Bedroom options in Chicago:

Apartment ListingModel NamePriced From
Luxury Student Housing at Leavitt Place5 Bedroom 3 Baths$3,950
1515 E. 54th Street1515-5bD$4,095
5335-5337 S. Woodlawn Avenue5335-5bD$4,595

Quick Rent Budget Calculator

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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.

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Getting Around Chicago, IL

Walk Score®

83 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

77 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

66 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Chicago

How much are Studio apartments in Chicago?

There are currently 2,848 Studio Apartments in Chicago with rent ranges from $532 to $11,210 with an average price of $2,095.

What is the current price range for One Bedroom Chicago Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Chicago ranges from $750 to $19,075 with an average monthly rent of $2,632.

What does renting a Two Bedroom Apartment in Chicago cost?

The monthly rent prices of Two Bedroom Apartments currently available in Chicago range from $900 to $20,000. Today's average rental price for Two Bedrooms here is $3,359.

How expensive are Chicago Three Bedroom Apartments?

There are currently 3,984 Three Bedroom Apartments listings available in Chicago on ApartmentHomeLiving.com. The pricing ranges from $865 to $38,481 - averaging $4,099 for the location.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.