
Cheap Studio Apartments for Rent in Chicago, IL from $532 (1,053 Rentals)Page 12 of 22


4038 N Ashland Ave, Unit M09B

2832 W Palmer St, Unit 110

818 W Diversey Pky, Unit X

627 W Melrose St, Unit K1

540 W. Briar

629 W Melrose St, Unit 621-1K

820 W Cornelia Ave

1140 N La Salle Dr

2330 N Spaulding Ave

2648 N Spaulding Ave, Unit M07B

2342 N Spaulding Ave, Unit M06B

2338 N Spaulding Ave

1447 N Dearborn St, Unit M03B

4621 N Broadway St, Unit S

2331 N Spaulding Ave, Unit M00B

4325 N Hermitage Ave, Unit B3

1140 N La Salle Dr

4180 N Marine Dr

4805 N Wolcott Ave, Unit GA

3130 N Lake Shore Drive

Buena Terrace - 4242 N Sheridan Rd

441 W. Oakdale

4039 N Ashland

539 W Arlington, Unit 630-4

2420 N Kedzie Blvd

511 W Belmont Ave

545 W Belmont Ave, Unit M09B

511 W Belmont Ave

2844 N Orchard St, Unit 3

2936 W Palmer St

515 W Belmont Ave, Unit S

4407 N Wolcott Ave

3620 N Marshfield Ave, Unit 3620-2C

2936 W Palmer St

3345 N Marshfield Ave

3346 N Marshfield Ave, Unit 205

The Draper

437 W Belden Ave, Unit #B108

641 W Wrightwood Ave, Unit M07B

2712 N Milwaukee Ave

2712 N Milwaukee Ave

515 W Belmont Ave, Unit 23
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 | $2,066 | $532 | $10,000+ |
Chicago 1 Bedroom Apartments | $2,589 | $685 | $10,000+ |
Chicago 2 Bedroom Apartments | $3,244 | $825 | $10,000+ |
Chicago 3 Bedroom Apartments | $3,716 | $725 | $10,000+ |
Chicago 4 Bedroom Apartments | $3,371 | $725 | $10,000+ |
Chicago 5 Bedroom Apartments | $3,826 | $925 | $6,995 |
Chicago 6 Bedroom Apartments | $3,401 | $2,008 | $4,795 |
Explore 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 $820.
What is the price of a cheap apartment in Chicago?
The cheapest apartment in Chicago is 1155 W 83rd St which is listed at $650, while the average apartment in Chicago costs $3,503.
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 3,007 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 $427 which is $3,076 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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.

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.