Cheap Apartments for Rent in the Illinois Medical District Chicago, IL from $1,100 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Illinois Medical District area of Chicago.

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The Oakley
2 Bedroom Apartments

The Oakley

1007-1011 S Oakley BlvdChicago, IL 60612

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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1603 S Wood St
1 Bedroom Apartments

1603 S Wood St

1603 S Wood StChicago, IL 60608
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Harris Point Chicago
2 Bedroom Apartments

Harris Point Chicago

713-715 S Claremont AveChicago, IL 60612
  • Utilities Included
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Harris Point Chicago
2 Bedroom Apartments

Harris Point Chicago

715 S Claremont AveChicago, IL 60612
  • Utilities Included
  • Smoke Free
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Harris Point Chicago
3 Bedroom Apartments

Harris Point Chicago

905 S Claremont AveChicago, IL 60612
  • Utilities Included

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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Atrio Apartments
Studio to 2 Bedroom Apartments

Atrio Apartments

1922 W Odgen AveChicago, IL 60612

Illinois Medical District, Chicago, IL Local Guide

Cheapest Available Illinois Medical District Apartments for Rent

 

The cheapest available apartment rental in the Illinois Medical District area of Chicago, IL is a 4 Beds unit found at Addams Coliving priced from $1,250. Scio at the Medical District has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,153. Here are the most affordable Illinois Medical District apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Addams ColivingUnit 2074BR,4BA$1,250
Scio at the Medical DistrictLarge One Bedroom B31BR,1BA$2,153
The LydianS01Studio,1BA$2,176

Best Value Apartments for Rent in Illinois Medical District, IL

As of April 30, 2025 the best value apartment in the Illinois Medical District area is the $1.36 price per square foot 3 Bedroom Model at 1042 S Oakley Blvd Apartments in the in the Lower West Side neighborhood starting from $4,075. The second greatest value Illinois Medical District apartment is the 739 S Western Ave Model at 739 S Western Ave, Unit 3 starting at $2,200 with a $1.47 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1042 S Oakley Blvd Apartments3 Bedroom3BR,2.5BA$1.36
739 S Western Ave, Unit 3739 S Western Ave3BR,2BA$1.47
812 S Oakley Blvd, Unit 2812 S Oakley Blvd3BR,2.5BA$2.02
812 S Oakley Blvd, Unit 2812 S Oakley Blvd3BR,2.5BA$2.64
The 808 ClevelandPrivate Bedroom in Shared 4 Bed 3 Bath4BR,3BA$1.10
Sentral Michigan AvenueB32BR,2BA$3.85
The Residences at NewCityPlan 1B With Den1BR,1BA$3.92
180 North Jefferson1C - 061BR,1BA$3.19
Atrio ApartmentsA4 (03)1BR,1BA$3.80
Scio at the Medical DistrictOne Bedroom B11BR,1BA$3.67

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Pet Friendly Lifestyle
Illinois Medical District, Chicago, IL

Ranked #53

Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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

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 $2,587.

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 $2,153, while the average apartment in Illinois Medical District costs $4,560.

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 72 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 $801 which is $3,759 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.

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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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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.

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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.

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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.