
Cheap Apartments for Rent in the Medical Village Neighborhood of Chicago, IL from $600 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in the Medical Village area of Chicago.


618 S Racine Ave, Unit 104

2010 S Loomis St

Private bedroom in 4 bed/2 bath Home

2010 S Loomis St

Private bedroom in 3 bed/2 bath Home

OC Living

Private bedroom in 4 bed/2 bath Home

Private bedroom in 4 bed/2 bath Home

Private bedroom in 4 bed/2 bath Home
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.

2010 S Loomis St

1119 S Loomis St

1119 S Loomis St

1119 S Loomis St

1119 S Loomis St

1119 S Loomis St

2632 W Cermak Rd

1850 S Fairfield Ave

2318 S Oakley Ave
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

1834 S Blue Island Ave, Unit 3

2312 W Cullerton St, Unit GRD

2610 W 23rd St, Unit First floor

2312 W Cullerton St

2652 W 23rd Pl

1846 W 18th St

2652 W 21st Pl

Roosevelt Square

1901 S Allport St, Unit 2F

2102 S Washtenaw Ave, Unit 2R

1422 W Polk St, Unit Garden

1854 S Allport St, Unit 1R

Roosevelt Place Senior Apartments
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 | $2,530 | $925 | $5,531 |
Medical Village 1 Bedroom Apartments | $3,115 | $685 | $6,601 |
Medical Village 2 Bedroom Apartments | $4,402 | $1,109 | $10,000+ |
Medical Village 3 Bedroom Apartments | $5,326 | $875 | $10,000+ |
Medical Village 4 Bedroom Apartments | $1,627 | $800 | $5,050 |
Browse Apartments in this Neighborhood
There are currently 43 rentals with your search options within a 1 mile radius of the Medical Village Neighborhood of Chicago, IL.
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Medical Village, Chicago, IL Local Guide
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Cheapest Available Medical Village Apartments for Rent
 The cheapest available apartment rental in the Medical Village area of Chicago, IL is a 4 Beds unit found at Addams Coliving priced from $1,250. 1912 S Throop St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,300. Here are the most affordable Medical Village apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Addams Coliving | Unit 207 | 4BR,4BA | $1,250 |
1912 S Throop St | 2 Bed/1.5 Bath | 2BR,1BA | $1,300 |
Roosevelt Square | Studio | Studio,1BA | $1,450 |
Best Value Apartments for Rent in Medical Village, IL
As of April 28, 2025 the best value apartment in the Medical Village area is the $1.36 price per square foot 3 Bedroom Model at 1042 S Oakley Blvd Apartments in the in the Near West Side neighborhood starting from $4,075. The second greatest value Medical Village 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 Medical Village apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1042 S Oakley Blvd Apartments | 3 Bedroom | 3BR,2.5BA | $1.36 |
739 S Western Ave, Unit 3 | 739 S Western Ave | 3BR,2BA | $1.47 |
2717 W Congress Pky, Unit 2 | 2717 W Congress Pky | 3BR,2BA | $1.26 |
2713 W Gladys Ave, Unit 1 | 2713 W Gladys Ave | 2BR,1BA | $1.70 |
2713 W Gladys Ave, Unit 1 | 2713 W Gladys Ave | 2BR,1BA | $1.79 |
2312 W Cullerton St, Unit GRD | 2312 W Cullerton St | 1BR,1BA | $1.56 |
1834 S Blue Island Ave, Unit 3 | 1834 S Blue Island Ave | 1BR,1BA | $1.56 |
2610 W 23rd St, Unit First floor | 2610 W 23rd St | 2BR,1BA | $1.75 |
1901 S Allport St, Unit 2F | 1901 S Allport St | 2BR,1BA | $1.88 |
618 S Racine Ave, Unit 104 | 618 S Racine Ave | 1BR,1BA | $1.40 |
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Pet Friendly LifestyleMedical Village, Chicago, IL
Ranked #143
Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,450.
What is the price of a cheap apartment in Medical Village?
The cheapest apartment in Medical Village is Roosevelt Square which is listed at $1,650, while the average apartment in Medical Village costs $4,075.
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 40 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 $678 which is $3,397 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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.