1903 S Blue Island Ave
ChicagoIL60608
Cheap 1 Bedroom Apartments for Rent in the Medical Village Neighborhood of Chicago, IL from $700 (18 Rentals)
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from $7001 Bedroom Apartment Available Now
618 S Racine Ave, Unit 104
618 S Racine AveChicago, IL 60607
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from $1,2041 Bedroom Apartments Contact Us For Availability
Roosevelt Square
1357 W Roosevelt RdChicago, IL 60608
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from $9251 Bedroom Apartments Contact Us For Availability
OC Living
1325 S Washtenaw AveChicago, IL 60608
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1816 S Bishop St
ChicagoIL60608
2312 W Cullerton St
ChicagoIL60608
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2318 S Oakley Ave
ChicagoIL60608
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
ChicagoIL60608
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Showing Results 1-18, Page 1 of 1
Medical Village, Chicago, IL Local Guide
How much does it cost to rent an apartment in Medical Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Medical Village Studio Apartments | $2,509 | $925 | $6,163 |
Medical Village 1 Bedroom Apartments | $3,119 | $700 | $6,464 |
| Medical Village 2 Bedroom Apartments | $4,283 | $1,109 | $10,000+ |
| Medical Village 3 Bedroom Apartments | $5,810 | $1,545 | $10,000+ |
| Medical Village 4 Bedroom Apartments | $1,597 | $1,175 | $5,050 |
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Medical Village, Chicago, IL Local Guide
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Quick Rent Budget Calculator
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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.
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Frequently Asked Questions about Cheap Medical Village Apartments
What is a cheap apartment in Medical Village?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Medical Village is under $1,746.
What is the price of a cheap apartment in Medical Village?
The cheapest apartment in Medical Village is Bishop Street Lofts which is listed at $1,950, while the average apartment in Medical Village costs $6,166.
What types of apartments are the cheapest in Medical Village?
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 34 regular apartments in Medical Village 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 Medical Village?
Cheap apartments in Medical Village have an average cost of $1,850 which is $4,316 cheaper than the average rent for all rentals in Medical Village.
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.
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.
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.