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from $640Studio Apartments Available Now
5445 Ingleside By 3L Living
5445 S Ingleside AveChicago, IL 60615
Cheap Short Term Lease Apartments for Rent in Chicago, IL from $400(170 Rentals)
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from $685Studio Apartments Available Now
5540 Hyde Park by 3L Living
5540 S Hyde Park BlvdChicago, IL 60637
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from $699Studio Apartments Available Now
5748 Blackstone By 3L Living
5748 S Blackstone AveChicago, IL 60637
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from $808Studio to 2 Bedroom Apartments Available Now
Museum Walk Apartments
5541 S Everett AveChicago, IL 60637
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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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from $891Studio to 1 Bedroom Apartments Available Now
Plaisance Apartments
6104 S Woodlawn AveChicago, IL 60637
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from $917Studio to 2 Bedroom Apartments Available Now
Scholars Corner Apartments
1553 E Hyde Park BlvdChicago, IL 60615
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from $948Studio to 2 Bedroom Apartments Available Now
Woodlawn House Apartments
5214-5214 S Woodlawn AveChicago, IL 60615
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from $949Studio to 2 Bedroom Apartments Available Now
5401 Cornell by 3L Living
5401 S Cornell AveChicago, IL 60615
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from $944Studio to 1 Bedroom Apartments Available Dec 27
The Max Apartments
5135 S Blackstone AveChicago, IL 60615
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Rent Specials
from $987Studio to 2 Bedroom Apartments Available Now
The Versailles Apartments
1374 E 53rd StChicago, IL 60615
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from $1,0231 to 2 Bedroom Apartments Available Now
Chatham Grove
8416 S Cottage Grove AveChicago, IL 60619
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from $1,025Studio to 4 Bedroom Apartments Available Now
5500 S. Cornell Avenue
5493 S Cornell AveChicago, IL 60637
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from $1,041Studio to 1 Bedroom Apartments Available Now
The Vivian
6807 N Sheridan RdChicago, IL 60626
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from $1,050Studio to 2 Bedroom Apartments Available Now
Woodlawn Terrace
4726-4740 S Woodlawn AveChicago, IL 60615
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from $1,062Studio to 1 Bedroom Apartments Available Now
2Sisters Apartments
5123 S Kimbark AveChicago, IL 60615
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from $1,096Studio to 3 Bedroom Apartments Available Now
Oglesby Towers Apartments
6700 S Oglesby AveChicago, IL 60649
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from $1,1001 to 3 Bedroom Apartments Available Now
Luella Court
8000 S Luella AveChicago, IL 60617
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from $1,112Studio to 2 Bedroom Apartments Available Now
Campus Court Apartments
5417-5423 S Harper AveChicago, IL 60615
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from $1,151Studio to 1 Bedroom Apartments Available Apr 7, 2025
Alef Park
1344 W Lunt AveChicago, IL 60626
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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 | $2,053 | $530 | $8,978 |
| Chicago 1 Bedroom Apartments | $2,592 | $588 | $10,000+ |
| Chicago 2 Bedroom Apartments | $3,316 | $710 | $10,000+ |
| Chicago 3 Bedroom Apartments | $4,204 | $750 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,150 | $725 | $10,000+ |
| Chicago 5 Bedroom Apartments | $3,841 | $960 | $7,500 |
Explore Chicago
Chicago, IL Local Guide
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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
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 $640.
How much is rent for a Cheap One Bedroom Chicago Apartment?
The lowest price for a Cheap One Bedroom Chicago Apartment is $750 at 7801-13 S Essex.
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 $840 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 136 E 155th ST and starts from $1,035.
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.
Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
Real Estate Term Glossary: Your Guide to The A to Zs of Renting
Written by: Kevin Ready
Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.