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from $1,6002 Bedroom Apartment Available May 1
1016 S Oakley Blvd, Unit #1
1016 S Oakley BlvdChicago, IL 60612
Cheap Apartments for Rent in the Illinois Medical District Chicago, IL from $1,200 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Illinois Medical District area of Chicago.
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from $1,877Studio to 2 Bedroom Apartments Available Now
Scio at the Medical District
901 S Ashland AveChicago, IL 60607
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from $1,926Studio to 1 Bedroom Apartments Available Apr 27
Luxe on Madison
1222 W Madison StChicago, IL 60607
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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
Showing Results 1-9, Page 1 of 1
Illinois Medical District, Chicago, IL Local Guide
How much does it cost to rent an apartment in Illinois Medical District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Illinois Medical District Studio Apartments | $2,699 | $1,877 | $4,637 |
| Illinois Medical District 1 Bedroom Apartments | $3,369 | $2,040 | $7,162 |
| Illinois Medical District 2 Bedroom Apartments | $4,688 | $1,600 | $10,000+ |
| Illinois Medical District 3 Bedroom Apartments | $2,458 | $1,200 | $5,068 |
| Illinois Medical District 4 Bedroom Apartments | $1,569 | $1,285 | $8,514 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Illinois Medical District Neighborhood of Chicago, IL.
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Illinois Medical District, Chicago, IL Local Guide
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Cheapest Available Illinois Medical District Apartments for Rent
The cheapest available apartment rental in the Illinois Medical District area of Chicago, IL is a Studio unit found at Shoreham and Tides priced from $2,065. Sentral Michigan Avenue has the second lowest priced unit, which is a Studio apartment currently listed from $2,202. Here are the most affordable Illinois Medical District apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shoreham and Tides | STUDIO 12 - THE SHOREHAM | Studio,1BA | $2,065 |
| Sentral Michigan Avenue | Deluxe Loft | Studio,1BA | $2,202 |
| Scio at the Medical District | Large One Bedroom B3 | 1BR,1BA | $2,214 |
Best Value Apartments for Rent in Illinois Medical District, IL
As of March 29, 2025 the best value apartment in the Illinois Medical District area is the $1.47 price per square foot 739 S Western Ave Model at 739 S Western Ave, Unit 3 in the in the Near West Side neighborhood starting from $2,200. The second greatest value Illinois Medical District apartment is the 812 S Oakley Blvd Model at 812 S Oakley Blvd, Unit 2 starting at $2,995 with a $2.02 price per square foot in the Near West Side neighborhood. Here is today’s list of the best values for Illinois Medical District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 739 S Western Ave, Unit 3 | 739 S Western Ave | 3BR,2BA | $1.47 |
| 812 S Oakley Blvd, Unit 2 | 812 S Oakley Blvd | 3BR,2.5BA | $2.02 |
| 812 S Oakley Blvd, Unit 2 | 812 S Oakley Blvd | 3BR,2.5BA | $2.64 |
| The 808 Cleveland | 3 Bed 3 Bath-PH | 3BR,3BA | $3.41 |
| Atrio Apartments | C2 (15) | 3BR,2BA | $3.40 |
| 850 N Leavitt | 850 N Leavitt | 2BR,1BA | $2.05 |
| 1638 W 18th Pl, Unit 1R | 1638 W 18th Pl | 2BR,1.5BA | $2.72 |
| Shoreham and Tides | ONE BEDROOM 05 - THE SHOREHAM | 1BR,1BA | $3.81 |
| 180 North Jefferson | Convertible: C4 - 07 | Studio ,1BA | $3.58 |
| 517 S Damen Ave, Unit 1 | 517 S Damen Ave | 1BR,1BA | $3.98 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleIllinois Medical District, Chicago, IL
Ranked #57
Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Illinois Medical District Neighborhood in Chicago, IL
Walk Score®
81 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
87 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
69 / 100
Good Transit
Many nearby public transportation options
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 Illinois Medical District Apartments
What is a cheap apartment in Illinois Medical District?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Illinois Medical District is under $2,472.
What is the price of a cheap apartment in Illinois Medical District?
The cheapest apartment in Illinois Medical District is Scio at the Medical District which is listed at $2,214, while the average apartment in Illinois Medical District costs $3,955.
What types of apartments are the cheapest in Illinois Medical District?
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 49 regular apartments in Illinois Medical District 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 Illinois Medical District?
Cheap apartments in Illinois Medical District have an average cost of $1,096 which is $2,859 cheaper than the average rent for all rentals in Illinois Medical District.
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.