
Cheap Apartments for Rent in the Little Italy Neighborhood of Chicago, IL from $700 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the Little Italy area of Chicago.


1816 S Bishop St

1615 S Morgan St, Unit 1F

Presidential Towers

The Duncan

1323 W 18th St

180 N Jefferson St

1653 S Throop St, Unit 2R
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

1316 W 18th St, Unit 2S

811 S Bishop St

1270 S Blue Island Ave, Unit 1

907 S Loomis St

939 W Washington Blvd, Unit FL4-ID285

1708 S Carpenter St, Unit 4

1702 S Morgan St, Unit 2R

Scio at the Medical District

Gateway West Loop

The Jax

1450 W 18th St

1801 S Throop St

Roosevelt Place Senior Apartments
Little Italy, Chicago, IL Local Guide

How much does it cost to rent an apartment in Little Italy?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Little Italy Studio Apartments | $2,846 | $1,147 | $6,135 |
Little Italy 1 Bedroom Apartments | $3,466 | $1,400 | $10,000+ |
Little Italy 2 Bedroom Apartments | $4,596 | $1,600 | $10,000+ |
Little Italy 3 Bedroom Apartments | $5,670 | $1,985 | $10,000+ |
Little Italy 4 Bedroom Apartments | $1,537 | $1,175 | $5,050 |
Browse Apartments in this Neighborhood
There are currently 45 rentals with your search options within a 1 mile radius of the Little Italy Neighborhood of Chicago, IL.
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Little Italy, Chicago, IL Local Guide
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Cheapest Available Little Italy Apartments for Rent
 The cheapest available apartment rental in the Little Italy area of Chicago, IL is a Studio unit found at The Rosie priced from $1,147. 768 W. Jackson has the second lowest priced unit, which is a Studio apartment currently listed from $1,295. Here are the most affordable Little Italy apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Rosie | A2 - 60% AMI ARO | Studio,1BA | $1,147 |
768 W. Jackson | Studio | Studio,1BA | $1,295 |
Presidential Towers | STUDIO SIX | Studio,1BA | $1,560 |
The Duncan | M-A24 - 100% AMI ARO | Studio,1BA | $1,597 |
Best Value Apartments for Rent in Little Italy, IL
As of March 23, 2025 the best value apartment in the Little Italy area is the $2.19 price per square foot 17 N Elizabeth St Model at 17 N Elizabeth St, Unit 2R in the in the West Loop neighborhood starting from $3,499. The second greatest value Little Italy apartment is the 229 S Racine Ave Model at 229 S Racine Ave, Unit 1 starting at $2,995 with a $1.87 price per square foot in the West Loop neighborhood. Here is today’s list of the best values for Little Italy apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
17 N Elizabeth St, Unit 2R | 17 N Elizabeth St | 1BR,1BA | $2.19 |
229 S Racine Ave, Unit 1 | 229 S Racine Ave | 2BR,2BA | $1.87 |
229 S Racine Ave, Unit 1 | 229 S Racine Ave | 2BR,2BA | $1.87 |
229 S Racine Ave, Unit 1 | 229 S Racine Ave | 2BR,2BA | $2.06 |
917 S Laflin St, Unit Garden | 917 S Laflin St | 2BR,2BA | $1.94 |
933 W Van Buren St, Unit 933 | 933 W Van Buren St | 2BR,2BA | $2.44 |
1708 S Carpenter St, Unit 2 | 1708 S Carpenter St | 2BR,1BA | $2.34 |
1044 W 18th St, Unit 3M | 1044 W 18th St | 2BR,1BA | $1.73 |
1534 W Monroe St | 1534 W Monroe St | 2BR,1BA | $2.10 |
1615 S Morgan St, Unit 1F | 1615 S Morgan St | 1BR,1BA | $1.88 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleLittle Italy, Chicago, IL
Ranked #24
Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Little Italy, Chicago, IL
Young Magnet High School
Chicago World Language Academy
School data provided by Great Schools
Best Local Schools in Little Italy, Chicago, IL
Young Magnet High School
Chicago World Language Academy
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Chicago, IL. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, family-friendly amenities, raising pets, transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Little Italy Neighborhood in Chicago, IL
Walk Score®
92 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
93 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
70 / 100
Excellent Transit
Transit is convenient for most trips
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 Little Italy Apartments
What is a cheap apartment in Little Italy?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Little Italy is under $1,597.
What is the price of a cheap apartment in Little Italy?
The cheapest apartment in Little Italy is Presidential Towers which is listed at $1,775, while the average apartment in Little Italy costs $5,525.
What types of apartments are the cheapest in Little Italy?
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 602 regular apartments in Little Italy 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 Little Italy?
Cheap apartments in Little Italy have an average cost of $738 which is $4,787 cheaper than the average rent for all rentals in Little Italy.
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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