Studio Apartments for Rent in Chicago, IL (3,064 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

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Chicago, IL Local Guide

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Written By:
Justin Habersaat
Editing Staff

Chicago Studio Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: May 19, 2025

There are currently 8566 available Studio apartment units from neighborhoods all over Chicago, IL that range in price from $532 to $9,059. North Lakefront, Downtown Chicago and Southwest Chicago are the neighborhoods that currently have the most Studio availability. Here is today's list of the top neighborhoods in Chicago with the most available Studio apartments:

NeighborhoodAvailable UnitsMedian PriceMin Price
North Lakefront764$1,695$532
Downtown Chicago384$2,325$1,089
Southwest Chicago299$1,950$575
Far North Chicago257$1,385$532
Northwest Chicago254$1,395$532
Parc Chesnut231$2,348$1,105
Lakeview226$1,449$975
Lakeview East222$1,467$1,025
Chicago Loop214$2,399$1,206
Library Tower202$2,308$1,100

Largest Available Chicago Studio Apartments

The largest available Studio apartment unit in Chicago, IL is found at Imprint in the South Loop neighborhood and is 1,102 square feet priced from $2,894. Lake and Wells in the Magnificent Mile neighborhood has the second largest Studio, which is sized at 874 square feet and currently listed start at $2,627. Here is today’s list of the largest available Studio units in Chicago:

Apartment ListingModel NameSquare FootagePriced From
ImprintS Duplex F1,102 Sq Ft$2,894
Lake and WellsC1 - 1103 & 1105874 Sq Ft$2,627
The Gallery on WellsJunior One Bedroom (758 sf)758 Sq Ft$3,096

Cheapest Available Chicago Studio Apartments

As of May 19, 2025 the lowest priced Studio apartment unit in Chicago, IL is the Studio Model starting from $650 at 1155 W 83rd St in the Englewood neighborhood. The second most affordable Chicago Studio is the No Kitchenette with Shared Bathroom Model at 5748 Blackstone By 3L Living starting at $699 in the Hyde Park neighborhood. The average price for all Studio apartments in Chicago is currently $2,065. Here is today’s list of the cheapest available Studio options in Chicago:

Apartment ListingModel NamePriced From
1155 W 83rd StStudio$650
5748 Blackstone By 3L LivingNo Kitchenette with Shared Bathroom$699
5445 Ingleside By 3L LivingLarge Co-Living Single Room$699
Highlands Tudor Manor - 55+ CommunityStudio$700
6246 S. King Dr.Two rm Studio$750
5540 Hyde Park by 3L LivingEfficiency Studio - West$769
6306 S ArtesianStudio$770
1807-09 N. Lincoln Park WestStudio$795
3957 W Irving Park RdStudio$805

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Chicago Overview

Chicago is one of the largest and liveliest cities in the United States with a thriving economy, an active nightlife and some of the world's most historic buildings and landmarks making it a very popular place to call home. The school system and metropolitan offerings make Chicago one of the best places to live in the Midwest in addition to being a premiere tourist destination. The options for cheap apartments in Chicago as well as rental homes, condos, and townhomes in the area make it a renters dream come true.

Why live in Chicago, IL?

With its numerous shops and local cuisine, a bustling nightlife, a strong economy and an efficient if busy transportation system, Chicago is truly the gem of the Midwest. While school districts vary from one area to the next, Chicago is a hub for some of the world's best schools, universities and hospitals, making it an ideal place to settle down. As home to some of the leading universities in the world, Chicago offers plenty of opportunities for its residents to grow up, get an education and find work in its diverse and thriving economy.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Chicago, IL Rentals by Map

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See the most popular apartments and homes in Chicago, IL

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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 Studio Chicago Apartments

What is the Cheapest apartment in Chicago with Studio?

Currently the most affordable Studio in Chicago is at 1155 W 83rd St listed at $650.

How much is the average rent for a Studio Chicago Apartment?

The average rent for a Studio Apartment in Chicago is $2,065.

What is the largest available Studio Chicago Apartment for rent?

Today's apartment with the most square footage in Chicago is a 1,102 square feet unit starting from $2,894 at Imprint.

What is the average size for Chicago Studio Apartments for rent?

The average size for a Studio rental in Chicago is currently 483 sq ft.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.