
Cheap Apartments for Rent in the Medical Village Neighborhood of Chicago, IL from $600 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Medical Village area of Chicago.


618 S Racine Ave, Unit 104

Private bedroom in 4 bed/2 bath Home

Private bedroom in 4 bed/1 bath Home

Private bedroom in 4 bed/2 bath Home

Private bedroom in 3 bed/2 bath Home

Private bedroom in 4 bed/1 bath Home

Private bedroom in 4 bed/2 bath Home

OC Living

Private bedroom in 4 bed/1 bath Home
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

Private bedroom in 5 bed/3 bath Home

Private bedroom in 5 bed/3 bath Home

Private bedroom in 5 bed/3 bath Home

Private bedroom in 5 bed/3 bath Home

Private bedroom in 5 bed/3 bath Home

Roosevelt Square

1916 S Fairfield Ave

2312 W Cullerton St

2610 W 23rd St, Unit First floor

1834 S Blue Island Ave, Unit 3

2231 W 21st Pl

2652 W 21st Pl

1922 S Leavitt St

2346 W 19th St

2652 W 23rd Pl

1820 S Allport St

1316 W 18th St

2750 W Cermak Rd

1323 W 18th St

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 | $2,604 | $925 | $5,580 |
Medical Village 1 Bedroom Apartments | $3,085 | $685 | $6,217 |
Medical Village 2 Bedroom Apartments | $4,091 | $1,109 | $10,000+ |
Medical Village 3 Bedroom Apartments | $5,405 | $800 | $10,000+ |
Medical Village 4 Bedroom Apartments | $1,585 | $750 | $5,050 |
Browse Apartments in this Neighborhood
There are currently 42 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 2 Beds unit found at 1912 S Throop St priced from $1,300. 1245-51 S California Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,480. Here are the most affordable Medical Village apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
1912 S Throop St | 2 Bed/1.5 Bath | 2BR,1BA | $1,300 |
1245-51 S California Ave | 2 Bedroom 2 Bath Apartment with dining | 2BR,2BA | $1,480 |
Bishop Street Lofts | Two Bedroom Loft | 2BR,1BA | $1,800 |
2026 S Washtenaw | 2BR/1.0BA | 2BR,1BA | $1,895 |
The Rosie | B1 | Studio,1BA | $1,975 |
Best Value Apartments for Rent in Medical Village, IL
As of April 08, 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 917 S Laflin St Model at 917 S Laflin St, Unit Garden starting at $3,000 with a $1.94 price per square foot in the University Village 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 |
917 S Laflin St, Unit Garden | 917 S Laflin St | 2BR,2BA | $1.94 |
812 S Oakley Blvd, Unit 2 | 812 S Oakley Blvd | 3BR,2.5BA | $2.02 |
1245-51 S California Ave | 2 Bedroom 2 Bath Apartment with dining | 2BR,2BA | $1.38 |
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 | $1.89 |
616 S Loomis St, Unit 3F | 616 S Loomis St | 2BR,1BA | $1.74 |
2610 W 23rd St, Unit First floor | 2610 W 23rd St | 2BR,1BA | $1.75 |
1912 S Throop St | 2 Bed/1.5 Bath | 2BR,1.5BA | $2.05 |
618 S Racine Ave, Unit 104 | 618 S Racine Ave | 1BR,1BA | $1.40 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMedical Village, Chicago, IL
Ranked #110
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 the Cheapest Studio apartment in Medical Village?
Currently the most affordable Cheap Studio Apartment in Medical Village is at The Rosie listed at $1,987.
How much is rent for a Cheap One Bedroom Medical Village Apartment?
The lowest price for a Cheap One Bedroom Medical Village Apartment is $1,950 at Bishop Street Lofts.
What is the lowest price for a Cheap Two Bedroom Medical Village Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Medical Village is starting from $1,300 at 1912 S Throop St.
What is the most affordable Medical Village Three Bedroom Apartment?
The best deal on a cheap Medical Village Three Bedroom Apartment rental is at Atrio Apartments and starts from $3,125.
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.