
Homes for Rent in Chicago, IL Under $1,500 (901 Rentals)


4241 N Kenmore Ave, Unit 204

5445 N Sheridan Rd, Unit 2809

4939 S Dorchester Ave, Unit 4F

4939 S Dorchester Ave, Unit 3F

2230 W Belmont Ave, Unit 1R

646 N Long Ave

432 W Belmont Ave, Unit 306

655 W Wrightwood Ave, Unit 505

631 W Roscoe St, Unit h3
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

631 W Roscoe St, Unit H3

631 W Roscoe St, Unit h3

818 W Diversey Pky, Unit O

4611 N Lincoln Ave, Unit 305

818 W Diversey Pky, Unit 0

631 W Roscoe St, Unit h3

2737 N Spaulding Ave, Unit 201

3808 N Sheffield Ave, Unit 3810-3w

2834 W Palmer St, Unit 205

516 W Melrose St, Unit #309
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.

522 W Cornelia Ave, Unit 206

635 W Barry Ave, Unit 107

2704 N Sawyer Ave, Unit 212

611 W Patterson Ave, Unit #203

4250 N Marine Dr, Unit 1325

722 W Diversey Pky, Unit 501

2851 N Orchard St, Unit #1

2842 N Orchard St, Unit 27

3906 W Belmont Ave, Unit 1

928 W Buena Ave, Unit 3
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

4918 W 18th St, Unit 1

5400 S Harper Ave, Unit 703

852 N Central Park Ave, Unit G

3340 N Marshfield Ave, Unit 207

3345 N Marshfield Ave, Unit 207

734 W Waveland Ave, Unit #08

2005 W Race Ave, Unit 1B

2827 N Burling St, Unit 106

7337 S South Shore Dr, Unit 216

5701 N Sheridan Rd, Unit 26D

4738 N Hermitage Ave, Unit 307

6022 N Winthrop Ave, Unit 3d

1160 N Dearborn St, Unit #313

533 W Aldine, Unit #2407

4540 N Dover St, Unit 2c

837 W Wolfram St, Unit 404

2835 W Cullom Ave, Unit 54-G

2835 W Cullom Ave, Unit G

5100 N Marine Dr, Unit 23C

3700 N Pine Grove Ave, Unit STUDIO
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 | $2,729 | $850 | $10,000+ |
Chicago 3 Bedroom Homes for Rent | $3,332 | $1,000 | $10,000+ |
Chicago 4 Bedroom Homes for Rent | $4,387 | $1,400 | $10,000+ |
Chicago 5 Bedroom Homes for Rent | $5,771 | $1,900 | $10,000+ |
Chicago 6 Bedroom Homes for Rent | $6,061 | $2,500 | $10,000+ |
Browse Top Homes for Rent in Chicago
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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 24290 Apartments for Rent in Chicago, IL with pricing that ranges from $532 to $77,776. There are also 6069 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 $3,724.
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 $655 to $40,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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.