
Cheap Apartments for Rent in the Little Italy Neighborhood of Chicago, IL from $700 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in the Little Italy area of Chicago.


Private bedroom in 4 bed/2 bath Home

Private bedroom in 4 bed/2 bath Home

Private bedroom in 4 bed/2 bath Home

Private bedroom in 3 bed/2 bath Home

1119 S Loomis St

1119 S Loomis St

1119 S Loomis St

1119 S Loomis St
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

Roosevelt Square

1820 S Allport St

1720 S Clinton St, Unit Coach House

712 W 17th St

Presidential Towers

180 N Jefferson St

616 S Loomis St, Unit 3F

The Duncan

1828 S Peoria St, Unit 1F

1711 S Morgan St

811 S Bishop St

1270 S Blue Island Ave, Unit 1

1316 W 18th St

The Rosie

1434 W Flournoy St

1452 W Taylor St, Unit 2R

1708 S Carpenter St, Unit 4

1411 W Flournoy St, Unit #1

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 | $2,991 | $1,295 | $6,320 |
Little Italy 1 Bedroom Apartments | $3,473 | $700 | $10,000+ |
Little Italy 2 Bedroom Apartments | $4,507 | $1,500 | $10,000+ |
Little Italy 3 Bedroom Apartments | $4,911 | $1,025 | $10,000+ |
Little Italy 4 Bedroom Apartments | $2,130 | $775 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 49 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 768 W. Jackson priced from $1,295. Roosevelt Square has the second lowest priced unit, which is a Studio apartment currently listed from $1,450. Here are the most affordable Little Italy apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
768 W. Jackson | Studio | Studio,1BA | $1,295 |
Roosevelt Square | Studio | Studio,1BA | $1,450 |
Presidential Towers | STUDIO SIX | Studio,1BA | $1,545 |
Gateway West Loop | E1 | Studio,1BA | $1,938 |
The Lydian | S01 | Studio,1BA | $2,069 |
Best Value Apartments for Rent in Little Italy, IL
As of April 14, 2025 the best value apartment in the Little Italy area is the $1.87 price per square foot 229 S Racine Ave Model at 229 S Racine Ave, Unit 1 in the in the West Loop neighborhood starting from $2,995. The second greatest value Little Italy apartment is the 229 S Racine Ave Model at 229 S Racine Ave, Unit 1 starting at $3,295 with a $2.06 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. |
---|---|---|---|
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 |
44 N Paulina St, Unit 382S | 44 N Paulina St | 2BR,2BA | $1.80 |
1115 W 18th Pl, Unit 1 | 1115 W 18th Pl | 2BR,1BA | $2.00 |
1142 W 17th St, Unit 1F | 1142 W 17th St | 2BR,2BA | $2.08 |
1534 W Monroe St | 1534 W Monroe St | 2BR,1BA | $2.10 |
616 S Loomis St, Unit 3F | 616 S Loomis St | 2BR,1BA | $1.74 |
1720 S Clinton St, Unit Coach House | 1720 S Clinton St | 1BR,1BA | $2.00 |
618 S Racine Ave, Unit 104 | 618 S Racine Ave | 1BR,1BA | $1.40 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleLittle Italy, Chicago, IL
Ranked #30
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
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 $2,069.
What is the price of a cheap apartment in Little Italy?
The cheapest apartment in Little Italy is Roosevelt Square which is listed at $1,650, while the average apartment in Little Italy costs $4,897.
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 51 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 $664 which is $4,233 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.

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.