
Cheap Apartments for Rent in Chicago, IL from $400 (2,399 Rentals)Page 16 of 48
Search the lowest-cost Apartments available for rent right now in Chicago.


1261 N Marion Ct, Unit 1

7151 S Green St

500 W. Belmont

2057 W Arthur Ave, Unit 3

2057 W Arthur Ave, Unit 3

Farcroft Park

The Seneca Apartments

Sheridan Lake - 6401 N Sheridan Rd

539 W Arlington Pl, Unit 630-4

Mayfair Apartments

Oakley Square

6630 S Ingleside Ave, Unit 1

1917 W Winnemac Ave, Unit M162

6422 S Rhodes Ave, Unit 1

2424 W Fargo Ave

Beachside Apartments

3130 N Lake Shore Drive

Dakin Court - 910 W Dakin St

5415 S. Woodlawn Avenue

1639 W Haddon Ave

727 W Barry Ave, Unit #1A

4616 N Ashland Ave, Unit 1N

2831 N Burling St, Unit M03B

1356 W Devon Ave

535 W Arlington Pl, Unit 508

3828 N Sheffield Ave, Unit 3W

641 W Wrightwood Ave, Unit M07B

556 W Arlington Pl, Unit 206

3816 N Fremont St, Unit M03B

4852 N Damen Ave, Unit 203

4624 N Paulina St, Unit M03B

4853 N Damen Ave, Unit 203

818 W Diversey Pky, Unit P

3346 N Marshfield Ave, Unit 205

812 W Diversey Pky, Unit 4

1050 W George St, Unit A05C

4614 N Paulina St, Unit A01C

4856 N Damen Ave, Unit M04B

435 W Surf St, Unit 432-207

545 W Belmont Ave, Unit M09B

520 W Cornelia Ave, Unit 212

419 W Belden Ave, Unit 3

4847 N Damen Ave, Unit 203

419 W Belden Ave, Unit 3

4949 N Oakley Ave, Unit G

7605 N Bosworth Ave
Chicago, IL Local Guide

How much does it cost to rent an apartment in Chicago?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Chicago Studio Apartments | $2,120 | $532 | $10,000+ |
Cheap Chicago 1 Bedroom Apartments | $2,664 | $750 | $10,000+ |
Cheap Chicago 2 Bedroom Apartments | $3,368 | $900 | $10,000+ |
Cheap Chicago 3 Bedroom Apartments | $3,993 | $1,025 | $10,000+ |
Cheap Chicago 4 Bedroom Apartments | $3,012 | $981 | $10,000+ |
Chicago 5 Bedroom Apartments | $4,086 | $1,500 | $6,200 |
Browse Top Apartments in Chicago
See all Apartments in ChicagoExplore 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 $795.
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 $3,074.
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 33,653 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 $420 which is $2,654 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.

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.

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.

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.