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


Luxury Student Housing at Leavitt Place

6455 N Glenwood Ave

3325 N Avers Ave, Unit 1S

1015 E Hyde Park Blvd, Unit 3

3328 N Avers Ave, Unit 1S

3329 N Avers Ave, Unit 3N

1245 W North Shore Ave, Unit 2

1218 W Columbia Ave, Unit 3rd

1010 N Kedzie Ave, Unit 1
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

1010 N Kedzie Ave, Unit 1

6438 N Lakewood Ave, Unit 3 Unit

1010 N Kedzie Ave, Unit 1

253 W 43rd St

5251 W Madison St

2341 W Winona St

3700-06 N. Fremont St. / 908-10 W. Waveland Ave
Chicago, IL Local Guide

How much does it cost to rent an apartment in Chicago?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Chicago Studio Apartments | $2,095 | $532 | $10,000+ |
Chicago 1 Bedroom Apartments | $2,632 | $750 | $10,000+ |
Chicago 2 Bedroom Apartments | $3,359 | $900 | $10,000+ |
Chicago 3 Bedroom Apartments | $4,099 | $865 | $10,000+ |
Chicago 4 Bedroom Apartments | $3,006 | $996 | $10,000+ |
Chicago 5 Bedroom Apartments | $3,987 | $1,500 | $6,200 |
Chicago 6 Bedroom Apartments | $4,800 | $4,800 | $4,800 |
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Chicago, IL Local Guide
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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 Listing | Model Name | Priced From |
---|---|---|
Luxury Student Housing at Leavitt Place | 5 Bedroom 3 Baths | $3,950 |
1515 E. 54th Street | 1515-5bD | $4,095 |
5335-5337 S. Woodlawn Avenue | 5335-5bD | $4,595 |
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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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

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.

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.

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.

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.