2010 S Loomis St
ChicagoIL60608
Cheap 4 Bedroom Apartments for Rent in the Downtown Chicago Neighborhood of Chicago, IL from $775 (8 Rentals)
1812 S Throop St
ChicagoIL60608
1928 S Young Park Way
ChicagoIL60616
1119 S Loomis St
ChicagoIL60607
close
View Me
close
View Me
1052 N Milwaukee Ave
ChicagoIL60642
close
View Me
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
Showing Results 1-8, Page 1 of 1
Downtown Chicago, Chicago, IL Local Guide
How much does it cost to rent an apartment in Downtown Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Chicago Studio Apartments | $2,605 | $968 | $8,000 |
| Downtown Chicago 1 Bedroom Apartments | $3,276 | $775 | $10,000+ |
| Downtown Chicago 2 Bedroom Apartments | $4,784 | $1,250 | $10,000+ |
| Downtown Chicago 3 Bedroom Apartments | $7,035 | $800 | $10,000+ |
Downtown Chicago 4 Bedroom Apartments | $4,046 | $775 | $10,000+ |
Explore Chicago
Downtown Chicago, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Downtown Chicago area?
If you’re an expert on all things Downtown Chicago, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Cheap Downtown Chicago Apartments
What is the Cheapest Studio apartment in Downtown Chicago?
Currently the most affordable Cheap Studio Apartment in Downtown Chicago is at Prairie Shores listed at $968.
How much is rent for a Cheap One Bedroom Downtown Chicago Apartment?
The lowest price for a Cheap One Bedroom Downtown Chicago Apartment is $1,182 at Prairie Shores.
What is the lowest price for a Cheap Two Bedroom Downtown Chicago Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Chicago is starting from $1,300 at 1912 S Throop St.
What is the most affordable Downtown Chicago Three Bedroom Apartment?
The best deal on a cheap Downtown Chicago Three Bedroom Apartment rental is at Eden Commons and starts from $1,798.
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.
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.
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.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.