Cheap Apartments for Rent in the Downtown Chicago Neighborhood of Chicago, IL from $700(243 Rentals)

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1214 N Damen Ave
$7753 Bedroom, 1 Bath Home for RentAvailable Now

1214 N Damen Ave

Chicago, IL 60622
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1812 S Throop St
$8504 Bedroom, 2 Bath Home for RentAvailable Dec 31

1812 S Throop St

Chicago, IL 60608
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2010 S Loomis St
$8754 Bedroom, 1 Bath Home for RentAvailable Now

2010 S Loomis St

Chicago, IL 60608
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1639 W Superior St
$8753 Bedroom, 1 Bath Home for RentAvailable Now

1639 W Superior St

Chicago, IL 60622
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1001 N Damen Ave
$9753 Bedroom, 1 Bath Home for RentAvailable Jan 10, 2025

1001 N Damen Ave

Chicago, IL 60622
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20 E Scott St
$1,300Studio, 1 Bath Home for RentAvailable Now

20 E Scott St

Chicago, IL 60610
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1454 W Erie St
$1,4001 Bedroom, 1 Bath Home for RentAvailable Now

1454 W Erie St

Chicago, IL 60642
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1035 W Van Buren St
$1,440Studio, 1 Bath Home for RentAvailable Dec 8

1035 W Van Buren St

Chicago, IL 60607
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150 N Ashland Ave
$1,520Studio, 1 Bath Home for RentAvailable Dec 11

150 N Ashland Ave

Chicago, IL 60607
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1212 S Michigan Ave
$1,5301 Bedroom, 1 Bath Home for RentAvailable Now

1212 S Michigan Ave

Chicago, IL 60605
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Showing Results 1-50, Page 1 of 5

Downtown Chicago, Chicago, IL Local Guide

Cheapest Available Downtown Chicago Apartments for Rent

 

The cheapest available apartment rental in the Downtown Chicago area of Chicago, IL is a Studio unit found at 1011 Clark priced from $995. McCormick has the second lowest priced unit, which is a 4 Beds apartment currently listed from $996. Here are the most affordable Downtown Chicago apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
1011 ClarkClark - StudioStudio,1BA$995
McCormickPrivate Bedroom in Shared 4 Bed 3 Bath (D)4BR,3BA$996
Prairie ShoresClassic StudioStudio,1BA$1,013
2423 State StreetPrivate Bedroom in Shared 4 Bed 3 Bath - A4BR,3BA$1,019
Maple1 Bedroom 1 Bathroom1BR,1BA$1,020
The RosieA2 - 60% AMI AROStudio,1BA$1,147
Gramercy Row ApartmentsStudio Floor Plan S1Studio,1BA$1,209
1912 S Throop St2 Bed/1.5 Bath2BR,1BA$1,300
Elm 551 at ParksideStudioStudio,1BA$1,313

Best Value Apartments for Rent in Downtown Chicago, IL

As of December 02, 2024 the best value apartment in the Downtown Chicago area is the $1.52 price per square foot 448 N Carpenter St Model at 448 N Carpenter St in the in the Parc Chesnut neighborhood starting from $3,650. The second greatest value Downtown Chicago apartment is the 1222 N Cleaver St Model at 1222 N Cleaver St starting at $3,499 with a $1.49 price per square foot in the Noble Square neighborhood. Here is today’s list of the best values for Downtown Chicago apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
448 N Carpenter St448 N Carpenter St3BR,2BA$1.52
1222 N Cleaver St1222 N Cleaver St3BR,3BA$1.49
1618 S Allport St, Unit 11618 S Allport St3BR,1BA$1.14
1423 W Cortez St, Unit 11423 W Cortez St3BR,2BA$1.50
1423 W Cortez St, Unit 11423 W Cortez St3BR,2BA$1.50
2324 S Wolcott Ave, Unit Apt 22324 S Wolcott Ave3BR,1BA$1.38
2023 S Racine Ave, Unit 2nd floor2023 S Racine Ave3BR,1BA$1.50
2136 W 18th Pl, Unit Coach house2136 W 18th Pl2BR,1BA$1.50
2103 W 18th St, Unit Coach House Pilsen2103 W 18th St3BR,1BA$1.45
2808 S Normal Ave, Unit 1st Floor2808 S Normal Ave2BR,1BA$1.48

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Pet Friendly Lifestyle
Downtown Chicago, Chicago, IL

Ranked #2

Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

5.0
Pet Friendly

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Best Local Schools in
Downtown Chicago, Chicago, IL

School data provided by Great Schools

Best Local Schools in
Downtown Chicago, Chicago, IL

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central Chicago. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, family-friendly amenities, raising pets, transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

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 1011 Clark listed at $995.

How much is rent for a Cheap One Bedroom Downtown Chicago Apartment?

The lowest price for a Cheap One Bedroom Downtown Chicago Apartment is $1,020 at Maple.

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.

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