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from $532Built in 2025Studio to 2 Bedroom Apartments Contact Us For Availability
Canvas at Leland Plaza
4713 N Western AveChicago, IL 60625
Cheap New Apartments for Rent in Chicago, IL from $400 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Chicago.
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from $925Built in 2024Studio to 2 Bedroom Apartments Contact Us For Availability
OC Living
1325 S Washtenaw AveChicago, IL 60608
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from $969Built in 2022Studio to 2 Bedroom Apartments Available Now
5401 Cornell by 3L Living
5401 S Cornell AveChicago, IL 60615
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from $1,019Built in 20234 Bedroom Apartments Available Now
2423 State Street
2423 S State StChicago, IL 60616
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from $1,140Built in 20172 to 3 Bedroom Apartments Available Now
Park Place Apartments
3630 W 51st StChicago, IL 60632
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from $1,147Built in 2023Studio to 4 Bedroom Apartments Available Now
1000M
1000 S Michigan AveChicago, IL 60605
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from $1,169Built in 20231 to 3 Bedroom Apartments Contact Us For Availability
Sheffield of Lincoln Park
2700 N Sheffield AveChicago, IL 60614
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from $1,177Built in 2023Studio to 1 Bedroom Apartments Available Now
The Teller House
4753 N Broadway StChicago, IL 60640
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from $1,310Built in 20181 to 2 Bedroom Apartments Contact Us For Availability
1323 W Morse Ave
1323 W Morse AveChicago, IL 60626
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from $1,313Built in 2021Studio to 2 Bedroom Apartments Available Now
Elm 551 at Parkside
551 W Elm StChicago, IL 60610
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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from $1,399Built in 2017Studio to 1 Bedroom Apartments Available Apr 1
21st Street Lofts by 3L Living
61 E 21st StChicago, IL 60616
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from $1,425Built in 2021Studio Apartments Available Apr 3
The Winnie
4750 N Winthrop AveChicago, IL 60640
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from $1,425Built in 2020Studio to 1 Bedroom Apartments Available Apr 5
The June
5155 N Broadway AveChicago, IL 60640
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from $1,438Built in 2024Studio to 2 Bedroom Apartments Available Now
4102 N Sheridan Rd
4102 N Sheridan RdChicago, IL 60613
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from $1,495Built in 2020Studio to 3 Bedroom Apartments Available Now
Anderson Point
5700 N Ashland AveChicago, IL 60660
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from $1,500Built in 2017Studio Apartments Available Apr 5
SoNu Digs
1515 N Fremont StChicago, IL 60642
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from $1,545Built in 2019Studio to 2 Bedroom Apartments Available Now
EDGE on Broadway
6145-6147 N Broadway StChicago, IL 60660
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from $1,550Built in 2023Studio to 2 Bedroom Apartments Available Now
Platform 4611 Uptown Chicago
4611 N Broadway StChicago, IL 60640
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Built in 2017Studio to 2 Bedroom Apartments
4801 North Ravenswood
4801 N Ravenswood AveChicago, IL 60640
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Built in 2023Studio to 2 Bedroom Apartments
Stephen's Commons- Senior Living-Age 62+
833 Wilson AveChicago, IL 60640
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Built in 2022Studio to 3 Bedroom Apartments
Jefferson Park Apartments
5150 N Northwest HwyChicago, IL 60630
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Built in 2016Studio to 3 Bedroom Apartments
Wicker Park Lofts
1515-1517 W Haddon AveChicago, IL 60642
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from $1,115Built in 20251 to 2 Bedroom Apartments Available Oct 1
Addison Horizon
500 N Denise CtAddison, IL 60101
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from $1,169Built in 2025Studio to 2 Bedroom Apartments Available Now
The Banc Hammond
5231 Hohman AveHammond, IN 46320
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from $1,551Built in 2021Studio to 2 Bedroom Apartments Available Now
The Residences at Sawmill Station
6701 Dempster StMorton Grove, IL 60053
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from $1,595Built in 20171 Bedroom Apartments Available Now
Brentwood Apartments
630 E George StBensenville, IL 60106
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Showing Results 1-45, Page 1 of 1
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 | $2,097 | $532 | $10,000+ |
| Chicago 1 Bedroom Apartments | $2,639 | $750 | $10,000+ |
| Chicago 2 Bedroom Apartments | $3,357 | $900 | $10,000+ |
| Chicago 3 Bedroom Apartments | $4,102 | $865 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,152 | $996 | $10,000+ |
| Chicago 5 Bedroom Apartments | $3,981 | $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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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 the Cheapest Studio apartment in Chicago?
Currently the most affordable Cheap Studio Apartment in Chicago is at 5445 Ingleside By 3L Living listed at $600.
How much is rent for a Cheap One Bedroom Chicago Apartment?
The lowest price for a Cheap One Bedroom Chicago Apartment is $750 at 1155 W 83rd St.
What is the lowest price for a Cheap Two Bedroom Chicago Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Chicago is starting from $915 at 7801-13 S Essex.
What is the most affordable Chicago Three Bedroom Apartment?
The best deal on a cheap Chicago Three Bedroom Apartment rental is at Southland Village and starts from $1,100.
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.