
Cheap Homes for Rent in Chicago, IL from $600 (1,486 Rentals)
Search the lowest-cost Homes available for rent right now in Chicago.


1945 W Cermak Rd

3304 W Armitage Ave

4938 N Bell Ave

2010 S Loomis St

6115 S Drexel Ave

2527 W Division St

2852 N Lawndale Ave, Unit B

1214 N Damen Ave

3814 N Clark St
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

5905 S Kilbourn Ave

2451 E 72nd St

1634 E 74th Pl

1812 S Throop St

5011 W Cermak Rd

5011 W Cermak Rd

825 S Kedzie Ave, Unit Rental Near Medical Dist.

1719 N Mayfield Ave

1446 N Campbell Ave

4840 S Racine Ave

2252 N Lawndale Ave

3743 N Albany Ave

7642 S Exchange Ave

7054 S Western Ave

4730 W Arthington St

7645 S Cottage Grove Ave

7054 S Western Ave

8533 S Manistee Ave

2615 W 61st St

3156 W Warren Blvd

950 N Wolcott Ave

1118 W Washburne Ave, Unit 301

2603 W 24th Pl

2308 E 80th St

3119 N Hamlin Ave

3121 N Hamlin Ave

7150 S Cornell Ave

3308 W Armitage Ave

1847 W Armitage Ave

1639 W Superior St

6126 S Woodlawn Ave

4354 W Roscoe St

6250 W 64th Pl

8148 S Kingston Ave

36 157th St

2345 N Bosworth Ave

715 W 57th St

1702 N Harding Ave

13940 S Edbrooke Ave

2345 Cuyler Ave
Chicago, IL Local Guide

How much does it cost to rent a home in Chicago?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Chicago 2 Bedroom Homes for Rent | $2,671 | $900 | $10,000+ |
Chicago 3 Bedroom Homes for Rent | $3,205 | $650 | $10,000+ |
Chicago 4 Bedroom Homes for Rent | $4,306 | $700 | $10,000+ |
Chicago 5 Bedroom Homes for Rent | $4,791 | $950 | $10,000+ |
Chicago 6 Bedroom Homes for Rent | $7,294 | $2,500 | $10,000+ |
Browse Top Homes for Rent in Chicago
Explore Chicago
Chicago, IL Local Guide
- Chicago Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Chicago, IL
Pricing Updated: 03/25/2025Current apartment rentals in the Chicago, IL area range in price from $530 to $77,776 with an overall median price of $3,077. The three Chicago neighborhoods with the lowest median rent pricing are West Calumet at $1,035, South West Markham at $1,200, and Pullman at $880. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Chicago Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
West Calumet | $1,049 | $1,035 | 24 |
South West Markham | $1,200 | $1,200 | 16 |
Pullman | $1,245 | $880 | 102 |
Liverpool | $1,296 | $740 | 1310 |
Roxana | $1,300 | $1,035 | 23 |
Maple Hill | $1,350 | $1,350 | 6 |
Thornton Junction | $1,388 | $860 | 220 |
Thornwood District | $1,388 | $860 | 175 |
Oakglen | $1,410 | $1,165 | 11 |
Chicago Lawn | $1,425 | $1,050 | 206 |
Cheapest Available Chicago Apartments for Rent
 The cheapest available apartment rental in Chicago, IL is a Studio unit found at 5445 Ingleside By 3L Living in the Hyde Park neighborhood priced from $600. 1155 W 83rd St in the Englewood neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Chicago apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
5445 Ingleside By 3L Living | Large Co-Living Single Room | Studio,1BA | $600 |
1155 W 83rd St | Studio | Studio,1BA | $650 |
5540 Hyde Park by 3L Living | _5540 - Single - North | Studio,1BA | $699 |
5748 Blackstone By 3L Living | No Kitchenette with Shared Bathroom | Studio,1BA | $699 |
4114 W Washington Blvd | Studio Apartment | Studio,1BA | $725 |
6246 S. King Dr. | Two rm Studio | Studio,1BA | $750 |
Highlands Tudor Manor - 55+ Community | Studio | Studio,1BA | $750 |
7850 S Constance Ave | Studio Apartment | Studio,1BA | $760 |
6238-44 S Western Ave | Studio | Studio,1BA | $770 |
Washington Plaza | Studio Apartment | Studio,1BA | $795 |
Best Value Apartments for Rent in Chicago, IL
As of March 25, 2025 the best value apartment in the Chicago area is the $0.22 price per square foot 4343 N Spaulding Ave Model at 4343 N Spaulding Ave, Unit #2 in the in the Albany Park neighborhood starting from $2,150. The second greatest value Chicago apartment is the 8518 S Bennett Ave Model at 8518 S Bennett Ave, Unit 3 starting at $1,650 with a $0.43 price per square foot in the Avalon Park neighborhood. Here is today’s list of the best values for Chicago apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
4343 N Spaulding Ave, Unit #2 | 4343 N Spaulding Ave | 3BR,1BA | $0.22 |
8518 S Bennett Ave, Unit 3 | 8518 S Bennett Ave | 3BR,1BA | $0.43 |
3035 N Southport Ave, Unit A07C | 3035 N Southport Ave | 2BR,1.5BA | $0.79 |
5100 W Fulton St, Unit 1 | 5100 W Fulton St | 4BR,2BA | $0.87 |
5536 W 63rd Plz, Unit 1 | 5536 W 63rd Plz | 1BR,1BA | $0.63 |
7809 S Marshfield Ave, Unit 7809 South Marshfield #1 | 7809 S Marshfield Ave | 2BR,1BA | $0.61 |
817 W 73rd St | 817 W 73rd St | 4BR,1BA | $0.77 |
922 Summer St, Unit 2 | 922 Summer St | 2BR,1BA | $0.70 |
4525 S Christiana Ave, Unit First floor | 4525 S Christiana Ave | 3BR,1BA | $0.84 |
6908 S Union Ave, Unit G | 6908 S Union Ave | 1BR,1BA | $0.78 |
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Frequently Asked Questions about Chicago
What type of rentals are currently available in Chicago?
There are currently 24736 Apartments for Rent in Chicago, IL with pricing that ranges from $532 to $77,776. There are also 5779 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chicago ranging from $650 to $58,000.
What is the current price range for Rental Homes in Chicago?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Chicago ranges from $650 to $58,000 with an average monthly rent of $3,849.
How much are larger Three and Four Bedroom Rentals in Chicago?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Chicago range from $1,049 to $38,481, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $30,000. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $1,175.
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.

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.

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.

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.