Cheap Apartments for Rent in Chicago, IL from $400 with Washer/Dryer(321 Rentals)
1841 N Mozart St
1508 W 18th St
1812 S Throop St
2852 N Lawndale Ave
1214 N Damen Ave
2010 S Loomis St
2139 W Chicago Ave
Park Douglas
3304 W Armitage Ave
Darlington Apartments
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
3020 N Sawyer Ave
1916 S Fairfield Ave
Rosenwald Courts
1119 S Loomis St
3743 N Albany Ave
950 N Wolcott Ave
1847 W Armitage Ave
The North Hotel
4224 N Kimball Ave
7443 S Paxton Ave
815 E 89th St
Sheridan Pratt Apartments
12316 S Normal Ave
1904 E 79th St
Keystone Place Apartments
Park Place Apartments
10410 S Maryland Ave
Dorchester Artist + Housing Collaborative Apt
Sheffield of Lincoln Park
4871 N Magnolia Ave, Unit 217
1455 N Paulina St
1154 W Lunt Ave
4815 S Laflin St, Unit 2
1536 N Claremont Ave
The Lawrence House
11947 S State St, Unit #2
6008 N Winthrop Ave, Unit 110
3608 S Hermitage Ave
1124 W Wilson Avenue
5201 S Morgan St, Unit 2E
1112 W 18th St, Unit 3M
1323 W Morse Ave
Elm 551 at Parkside
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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Quick Rent Budget Calculator
How much rent can you afford?
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.
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.