
Cheap Apartments for Rent in the University Village Little Italy Neighborhood of Chicago, IL from $1,100 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Village Little Italy area of Chicago.


The Rosie

1270 S Blue Island Ave, Unit 1

765 W 15th St, Unit 209

1100 W Taylor St

819 S Carpenter St

1037 S Racine 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
University Village Little Italy, Chicago, IL Local Guide

How much does it cost to rent an apartment in University Village Little Italy?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
University Village Little Italy Studio Apartments | $2,639 | $1,147 | $6,014 |
University Village Little Italy 1 Bedroom Apartments | $3,559 | $1,994 | $7,144 |
University Village Little Italy 2 Bedroom Apartments | $5,165 | $2,833 | $10,000+ |
University Village Little Italy 3 Bedroom Apartments | $1,854 | $1,299 | $5,068 |
University Village Little Italy 4 Bedroom Apartments | $1,664 | $1,234 | $8,514 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the University Village Little Italy Neighborhood of Chicago, IL.
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University Village Little Italy, Chicago, IL Local Guide
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Cheapest Available University Village Little Italy Apartments for Rent
 The cheapest available apartment rental in the University Village Little Italy area of Chicago, IL is a Studio unit found at The Rosie priced from $1,147. MILA has the second lowest priced unit, which is a Studio apartment currently listed from $2,245. Here are the most affordable University Village Little Italy apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Rosie | A2 - 60% AMI ARO | Studio,1BA | $1,147 |
MILA | SA | Studio,1BA | $2,245 |
Shoreham and Tides | CONVERTIBLE 17- THE SHOREHAM | 1BR,1BA | $2,372 |
Best Value Apartments for Rent in University Village Little Italy, IL
As of March 21, 2025 the best value apartment in the University Village Little Italy area is the $3.70 price per square foot D1 Model at Sentral Michigan Avenue in the in the Near South Side neighborhood starting from $8,514. The second greatest value University Village Little Italy apartment is the 5bd 3 Ba Model at 1120 W Polk St starting at $6,200 with a $2.70 price per square foot in the University Village neighborhood. Here is today’s list of the best values for University Village Little Italy apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Sentral Michigan Avenue | D1 | 4BR,3BA | $3.70 |
1120 W Polk St | 5bd 3 Ba | 5BR,3BA | $2.70 |
The 808 Cleveland | 3 Bed 3 Bath-PH | 3BR,3BA | $3.41 |
The Residences at NewCity | Plan 2A | 2BR,2BA | $4.10 |
Post | 2 Bed 2 Bath - 852 sqft | 2BR,2BA | $4.12 |
JeffJack Apartments | One Bed 15 | 1BR,1BA | $3.81 |
180 North Jefferson | C4 - 07 | Studio ,1BA | $3.58 |
MILA | SA | Studio ,1BA | $4.16 |
1270 S Blue Island Ave, Unit 1 | 1270 S Blue Island Ave | Studio ,1BA | $3.90 |
The Rosie | A6 - ORI | Studio ,1BA | $3.79 |
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Pet Friendly LifestyleUniversity Village Little Italy, Chicago, IL
Ranked #64
Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap University Village Little Italy Apartments
What is a cheap apartment in University Village Little Italy?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Village Little Italy is under $3,509.
What is the price of a cheap apartment in University Village Little Italy?
The cheapest apartment in University Village Little Italy is Shoreham and Tides which is listed at $2,372, while the average apartment in University Village Little Italy costs $4,850.
What types of apartments are the cheapest in University Village 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 835 regular apartments in University Village 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 University Village Little Italy?
Cheap apartments in University Village Little Italy have an average cost of $1,137 which is $3,713 cheaper than the average rent for all rentals in University Village Little Italy.
Expert Rental Resources
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