![Washington Plaza](https://images1.apartmenthomeliving.com/i2/3iNEuqWz-N_TR2oYS7tGX8O9RX0QanOFTh5U9hsmFF8/117/image.jpg?p=1)
Apartments for Rent in the Madison Square Neighborhood of Chicago, IL Under $1,200 (17 Rentals)
![Washington Plaza](https://images1.apartmenthomeliving.com/i2/3iNEuqWz-N_TR2oYS7tGX8O9RX0QanOFTh5U9hsmFF8/117/image.jpg?p=1)
![4114 W Washington Blvd](https://images1.apartmenthomeliving.com/i2/GBbXxkZ5ZzuM7uKjfO8TLY0FJKysYUuwpUZqs4QHfZQ/117/image.jpg?p=1)
4114 W Washington Blvd
![551 N Lavergne Ave, Unit 551 2ND FLR](https://images1.apartmenthomeliving.com/i2/MeYsBSipGDzvLQFfJJhXeaNRu6pZK9nKLwp-5g8Uhds/117/image.jpg?p=1)
551 N Lavergne Ave, Unit 551 2ND FLR
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
![618-632 S. Austin Blvd.](https://images1.apartmenthomeliving.com/i2/bMDcEwpN8L2ayrYXl6XZYowfR96vjZ_2IDp-UCkOcOI/117/image.jpg?p=1)
618-632 S. Austin Blvd.
Madison Square, Chicago, IL Local Guide
![Apartments for rent in Madison Square, IL](https://images1.apartmenthomeliving.com/i2/KVEU4atD09-Ep1W9FmQjg6xsenm7oNmKfSUmYFECOoM/117/image.jpg)
How much does it cost to rent an apartment in Madison Square?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Madison Square Studio Apartments | $801 | $770 | $820 |
Madison Square 1 Bedroom Apartments | $1,316 | $1,179 | $1,429 |
Madison Square 2 Bedroom Apartments | $1,374 | $1,200 | $1,599 |
Madison Square 3 Bedroom Apartments | $1,909 | $1,300 | $2,309 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 1 mile radius of the Madison Square Neighborhood of Chicago, IL.
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Madison Square, Chicago, IL Local Guide
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about Madison Square
How much are Studio apartments in Madison Square?
There are currently 31 Studio Apartments in Madison Square with rent ranges from $770 to $820 with an average price of $801.
What is the current price range for One Bedroom Madison Square Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Madison Square ranges from $1,179 to $1,429 with an average monthly rent of $1,316.
What does renting a Two Bedroom Apartment in Madison Square cost?
The monthly rent prices of Two Bedroom Apartments currently available in Madison Square range from $1,200 to $1,599. Today's average rental price for Two Bedrooms here is $1,374.
How expensive are Madison Square Three Bedroom Apartments?
There are currently 96 Three Bedroom Apartments listings available in Madison Square on ApartmentHomeLiving.com. The pricing ranges from $1,300 to $2,309 - averaging $1,909 for the location.
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.
![decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article](https://assets.apartmenthomeliving.com/content/posts/18494690-the_10_best_affordable_neighborhoods_to_rent_in_chicago_il.jpg)
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.
![decorative image for Signing Your Apartment Lease: The Basics article](https://assets.apartmenthomeliving.com/content/posts/18447535-signing_your_apartment_lease_the_basics.jpg)
Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.
![decorative image for What to Know About Fees and Fines When Renting article](https://assets.apartmenthomeliving.com/content/posts/18447499-what_to_know_about_fees_and_fines_when_renting.jpg)
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
![decorative image for Real Estate Term Glossary: Your Guide to The A to Zs of Renting article](https://assets.apartmenthomeliving.com/content/posts/18447480-real_estate_glossary.jpg)
Real Estate Term Glossary: Your Guide to The A to Zs of Renting
Written by: Kevin Ready
Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.