Studio Apartments for Rent in Chicago, IL (2,862 Rentals)

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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

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: April 13, 2025

There are currently 8617 available Studio apartment units from neighborhoods all over Chicago, IL that range in price from $532 to $10,168. 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 Lakefront643$1,775$532
Downtown Chicago459$2,290$1,046
Southwest Chicago344$2,003$575
Chicago Loop277$2,332$1,147
Parc Chesnut258$2,320$1,105
Library Tower250$2,265$1,147
Printer's Row242$2,275$1,147
Far North Chicago227$1,380$532
Magnificent Mile196$2,271$1,105
Lakeview182$1,488$906

Cheapest Available Chicago Studio Apartments

As of April 13, 2025 the lowest priced Studio apartment unit in Chicago, IL is the Large Co-Living Single Room Model starting from $600 at 5445 Ingleside By 3L Living in the Hyde Park neighborhood. The second most affordable Chicago Studio is the Studio Model at 1155 W 83rd St starting at $650 in the Englewood neighborhood. The average price for all Studio apartments in Chicago is currently $2,103. Here is today’s list of the cheapest available Studio options in Chicago:

Apartment ListingModel NamePriced From
5445 Ingleside By 3L LivingLarge Co-Living Single Room$600
1155 W 83rd StStudio$650
5540 Hyde Park by 3L Living_5540 - Single - North$699
5748 Blackstone By 3L LivingNo Kitchenette with Shared Bathroom$699
Highlands Tudor Manor - 55+ CommunityStudio$750
6246 S. King Dr.Two rm Studio$750
7850 S Constance AveStudio Apartment$765
1807-09 N. Lincoln Park WestStudio$775
6306 S ArtesianStudio$780
Washington PlazaStudio Apartment$795

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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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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

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 5445 Ingleside By 3L Living listed at $600.

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

The average rent for a Studio Apartment in Chicago is $2,103.

What is the largest available Studio Chicago Apartment for rent?

Today's apartment with the most square footage in Chicago is a square feet unit at .

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

The average size for a Studio rental in Chicago is currently 488 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.

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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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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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.

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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.