Cheap Studio Apartments for Rent in the Edgewater Neighborhood of Chicago, IL from $700 (88 Rentals)

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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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

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Ridge-Magnolia
Studio Apartments

Ridge-Magnolia

5643-5655 N Ridge AveChicago, IL 60660
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The Coronado
Studio Apartments

The Coronado

1061 W Rosemont AveChicago, IL 60660
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6131 N Winthrop Ave
Studio Apartments

6131 N Winthrop Ave

6131 N Winthrop AveChicago, IL 60660
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5726 N Winthrop Ave
Studio Apartments

5726 N Winthrop Ave

5726 N Winthrop AveChicago, IL 60660
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6301 N Winthrop Ave
Studio Apartments

6301 N Winthrop Ave

6301 N Winthrop AveChicago, IL 60660
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Lake Lane Apartments
Studio Apartments

Lake Lane Apartments

6214 N Winthrop AveChicago, IL 60660
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Edgewater, Chicago, IL Local Guide

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.

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Getting Around the Edgewater Neighborhood in Chicago, IL

Walk Score®

91 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

87 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

70 / 100

Excellent Transit

Transit is convenient for most trips

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 Edgewater Apartments

What is a cheap apartment in Edgewater?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Edgewater is under $1,095.

What is the price of a cheap apartment in Edgewater?

The cheapest apartment in Edgewater is Bryn Mawr Belle Shore which is listed at $879, while the average apartment in Edgewater costs $5,000.

What types of apartments are the cheapest in Edgewater?

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 1 regular apartments in Edgewater 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 Edgewater?

Cheap apartments in Edgewater have an average cost of $133 which is $4,867 cheaper than the average rent for all rentals in Edgewater.

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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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.

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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.

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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.