
Cheap Condos for Rent in Chicago, IL from $700 (1,339 Rentals)
Search the lowest-cost Condos available for rent right now in Chicago.


6115 S Drexel Ave

5011 W Cermak Rd

8909 S Cottage Grove Ave

7642 S Exchange Ave

7054 S Western Ave

3156 W Warren Blvd

10920 S Vernon Ave

2320 W Glenlake Ave

5451 S Cornell Ave
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.

2107 Grove Ave

7934 S Kingston Ave

3150 N Linder Ave

2801 N Keating Ave

3158 N Linder Ave

6250 W 64th Pl

4735 N Beacon St

1702 N Harding Ave

5451 S Cornell Ave

5910 W 26th 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

2109 Grove Ave

5910 W 26th St

6857 S Paxton Ave, Unit Paxton Unit 2

7720 S Marquette Ave

6930 N Greenview Ave

3150 N Laramie Ave

2146 Gunderson Ave

4547 N Dover St

1145 W Morse Ave

1040 W Hollywood Ave

8534 S Burley Ave

4764 N Virginia Ave

2142 Gunderson Ave

1814 Wesley Ave

2716 E 76th St

6930 N Greenview Ave

5734 S Ada St

5509 S Whipple St

1506 E 74th Pl

440 Elmwood Ave

5910 W 26th St

4535 N Leavitt St

6949 S Paxton Ave

5710 N Winthrop Ave

7655 S Yates Blvd

7300 W North Ave

948 W Cuyler Ave

3001 N Thatcher Ave

1717 W North Shore Ave

948 W 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 | $2,746 | $850 | $10,000+ |
Chicago 3 Bedroom Homes for Rent | $3,313 | $1,200 | $10,000+ |
Chicago 4 Bedroom Homes for Rent | $4,279 | $1,400 | $10,000+ |
Chicago 5 Bedroom Homes for Rent | $5,336 | $1,900 | $10,000+ |
Chicago 6 Bedroom Homes for Rent | $7,131 | $2,500 | $10,000+ |
Explore Chicago
Chicago, IL Local Guide
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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.
Frequently Asked Questions about Chicago
What type of rentals are currently available in Chicago?
There are currently 24298 Apartments for Rent in Chicago, IL with pricing that ranges from $532 to $77,776. There are also 6184 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chicago ranging from $700 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 $700 to $58,000 with an average monthly rent of $3,798.
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 $775 to $40,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $30,000. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $750.
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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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.

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.