708 S Oakley Blvd, Unit 1
708 S Oakley Blvd
ChicagoIL60612
Cheap Apartments for Rent in the Illinois Medical District Chicago, IL from $1,100 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Illinois Medical District area of Chicago.
1846 W 18th St
ChicagoIL60608
1846 W 18th St
ChicagoIL60608
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
1611 S Wood St
ChicagoIL60608
850 N Leavitt
ChicagoIL60622
1718 S Ashland Ave
ChicagoIL60608
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.
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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.
2113 W Gladys Ave
ChicagoIL60612
2347 W Taylor St
ChicagoIL60612
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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
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2248 W Taylor St
ChicagoIL60612
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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 | $2,817 | $1,600 | $5,983 |
| Illinois Medical District 1 Bedroom Apartments | $3,600 | $1,400 | $8,469 |
| Illinois Medical District 2 Bedroom Apartments | $5,915 | $1,750 | $10,000+ |
| Illinois Medical District 3 Bedroom Apartments | $5,237 | $1,285 | $10,000+ |
| Illinois Medical District 4 Bedroom Apartments | $1,647 | $1,160 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 14 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 4 Beds unit found at Addams Coliving priced from $1,255. MILA has the second lowest priced unit, which is a Studio apartment currently listed from $2,106. Here are the most affordable Illinois Medical District apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Addams Coliving | Unit 218 | 4BR,4BA | $1,255 |
| MILA | SA | Studio,1BA | $2,106 |
| The Lydian | S01 | Studio,1BA | $2,137 |
| The 808 Cleveland | Studio 1 Bath | Studio,1BA | $2,156 |
| Atrio Apartments | S1 (11 & 13) | Studio,1BA | $2,284 |
Best Value Apartments for Rent in Illinois Medical District, IL
As of May 12, 2025 the best value apartment in the Illinois Medical District area is the $1.60 price per square foot 2 Bedroom Model at 1042 S Oakley Blvd Apartments in the in the Lower West Side neighborhood starting from $3,350. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1042 S Oakley Blvd Apartments | 2 Bedroom | 2BR,2BA | $1.60 |
| 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 |
| Luxe on Madison | 2C | 2BR,2BA | $2.88 |
| 1752 W 18th Pl | 3 Bedrooms | 3BR,2BA | $2.69 |
| Sentral Michigan Avenue | B3 | 2BR,2BA | $3.72 |
| 1638 W 18th Pl, Unit 1R | 1638 W 18th Pl | 2BR,1.5BA | $2.61 |
| Scio at the Medical District | One Bedroom B1 | 1BR,1BA | $3.86 |
| The 808 Cleveland | Studio 1 Bath | Studio ,1BA | $3.79 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleIllinois Medical District, Chicago, IL
Ranked #53
Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet 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 $2,370.
What is the price of a cheap apartment in Illinois Medical District?
The cheapest apartment in Illinois Medical District is Shoreham and Tides which is listed at $2,262, while the average apartment in Illinois Medical District costs $4,435.
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 56 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 $1,085 which is $3,350 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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
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.