Homes for Rent in Downtown Chicago Neighborhood of Chicago, IL Under $1,500 (16 Rentals)

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1407 S Halsted St
$1,5001 Bedroom, 1 Bath Rentals

1407 S Halsted St

Chicago, IL 60607
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40 E 9th St
$1,500Studio, 1 Bath RentalsAvailable Now

40 E 9th St

Chicago, IL 60605
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1100 N La Salle Dr
$1,435Studio, 1 Bath RentalsAvailable Now

1100 N La Salle Dr

Chicago, IL 60610
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1164 N Dearborn St
$1,425Studio, 1 Bath RentalsAvailable Now

1164 N Dearborn St

Chicago, IL 60610
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2228 S Wood St
$1,4002 Bedroom, 1 Bath RentalsAvailable Now

2228 S Wood St

Chicago, IL 60608
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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

Downtown Chicago, Chicago, IL Local Guide

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Frequently Asked Questions about Downtown Chicago

What type of rentals are currently available in Downtown Chicago?

There are currently 2325 Apartments for Rent in Downtown Chicago, IL with pricing that ranges from $750 to $77,776. There are also 1592 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Chicago ranging from $900 to $35,000.

What is the current price range for Rental Homes in Downtown Chicago?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Chicago ranges from $900 to $35,000 with an average monthly rent of $6,273.

How much are larger Three and Four Bedroom Rentals in Downtown Chicago?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Chicago range from $750 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $30,000. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $775.

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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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.

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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.

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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.