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from $1,169Built in 2025Studio to 2 Bedroom Apartments Available Mar 1
The Banc Hammond
5231 Hohman AveHammond, IN 46320
New Apartments for Rent in Chicago, IL Under $2,000 (157 Rentals)Page 4 of 4
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from $1,495Built in 20151 Bedroom Apartments
9565 Franklin Ave
9565 Franklin AveFranklin Park, IL 60131
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Rent Specials
from $1,812Built in 2021Studio to 2 Bedroom Apartments Available Now
The Fynn
183 N Addison AveElmhurst, IL 60126
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from $1,350Built in 2021Studio to 3 Bedroom Apartments
6605 North Ave.
6605 North AveOak Park, IL 60302
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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
How much does it cost to rent an apartment in Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chicago Studio Apartments | $2,049 | $530 | $8,978 |
| Chicago 1 Bedroom Apartments | $2,606 | $588 | $10,000+ |
| Chicago 2 Bedroom Apartments | $3,357 | $710 | $10,000+ |
| Chicago 3 Bedroom Apartments | $4,156 | $725 | $10,000+ |
| Chicago 4 Bedroom Apartments | $3,216 | $625 | $10,000+ |
| Chicago 5 Bedroom Apartments | $3,201 | $950 | $5,495 |
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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 New Chicago Apartments
What is the Cheapest New apartment in Chicago?
Currently the most affordable New Apartment in Chicago is at Canvas at Leland Plaza listed at $530.
How much is the average rent for a New Chicago Apartment?
The average rent for a New Apartment in Chicago is $4,601.
What is the largest New Chicago Apartment for rent?
Today's New apartment with the most square footage in Chicago is a 6,439 square feet unit starting from $2,151 at 369 Grand by Onni.
What is the average size for Chicago New Apartments for rent?
The average size for a New rental in Chicago is currently at 649 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.
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.