
Cheap Gated Apartments for Rent in Chicago, IL from $400 (302 Rentals)Page 5 of 7
Search the lowest-cost Apartments available for rent right now in Chicago.


455 W. Wellington

2832 W Palmer St, Unit 110

1517 W Sherwin Ave, Unit 203

4621 N Broadway St, Unit S

7626 N Marshfield Ave, Unit 404

4621 N Rockwell St, Unit G

7528 N Seeley Ave, Unit 101

3229 W Dickens Ave, Unit 1

1522 W Sherwin Ave, Unit 202

7714 N Sheridan Rd, Unit 301

Pittsfield Apartments

7655 N Sheridan Rd, Unit 406

4756 N Maplewood Ave

3130 N Lake Shore Drive

Buena Terrace - 4242 N Sheridan Rd

Farcroft Park

Axis Apartments and Lofts

441 W. Oakdale

5040 N Winchester Ave, Unit 1932-2

2712 N Milwaukee Ave, Unit 210

7608 N Sheridan Rd, Unit 207

The Draper

2825 N Burling St, Unit 03

4415 N Wolcott Ave, Unit 3

2844 N Orchard St, Unit 3

4419 N Wolcott Ave, Unit 3

515 W Belmont Ave, Unit S

503 W Belmont Ave, Unit S

7222 S Ridgeway Ave, Unit Apt 2

1522 N La Salle Dr

7220 S Ridgeland Ave, Unit 1

3012 S Canal St, Unit 1

2118 W 51st St, Unit 1st floor

5223 S Drexel Ave, Unit 2N

5632 W Berenice Ave, Unit 3

Chatham Park Village-Cooperative (Membership)
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 | $2,055 | $532 | $10,000+ |
Chicago 1 Bedroom Apartments | $2,595 | $685 | $10,000+ |
Chicago 2 Bedroom Apartments | $3,258 | $950 | $10,000+ |
Chicago 3 Bedroom Apartments | $3,807 | $725 | $10,000+ |
Chicago 4 Bedroom Apartments | $3,404 | $750 | $10,000+ |
Chicago 5 Bedroom Apartments | $3,930 | $950 | $6,995 |
Chicago 6 Bedroom Apartments | $3,401 | $2,008 | $4,795 |
Explore Chicago
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 Cheap Chicago Apartments
What is a cheap apartment in Chicago?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chicago is under $820.
What is the price of a cheap apartment in Chicago?
The cheapest apartment in Chicago is 1155 W 83rd St which is listed at $750, while the average apartment in Chicago costs $3,496.
What types of apartments are the cheapest in Chicago?
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 3,154 regular apartments in Chicago 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 Chicago?
Cheap apartments in Chicago have an average cost of $422 which is $3,074 cheaper than the average rent for all rentals in Chicago.
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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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.