Cheap Apartments for Rent in the University Village Little Italy Neighborhood of Chicago, IL from $700 (10 Rentals)

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Cheap Apartments in the University Village Little Italy area of Chicago.

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University Village Little Italy, Chicago, IL Local Guide

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 4 Beds unit found at Addams Coliving priced from $1,250. The Rosie has the second lowest priced unit, which is a Studio apartment currently listed from $1,811. Here are the most affordable University Village Little Italy apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Addams ColivingUnit 2074BR,4BA$1,250
The RosieB1Studio,1BA$1,811
MILASAStudio,1BA$2,239

Best Value Apartments for Rent in University Village Little Italy, IL

As of May 03, 2025 the best value apartment in the University Village Little Italy area is the $1.10 price per square foot Private Bedroom in Shared 4 Bed 3 Bath Model at The 808 Cleveland in the in the Chicago Loop neighborhood starting from $1,333. The second greatest value University Village Little Italy apartment is the Plan 2B Model at The Residences at NewCity starting at $4,560 with a $4.04 price per square foot in the Lincoln Park neighborhood. Here is today’s list of the best values for University Village Little Italy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The 808 ClevelandPrivate Bedroom in Shared 4 Bed 3 Bath4BR,3BA$1.10
The Residences at NewCityPlan 2B2BR,2BA$4.04
180 North Jefferson1C - 061BR,1BA$3.29
MILA1D1BR,1BA$3.99
1270 S Blue Island Ave, Unit 11270 S Blue Island Ave1BR,1BA$4.16
The RosieC21BR,1BA$4.25
Shoreham and TidesONE BEDROOM 08 - THE SHOREHAM1BR,1BA$4.25
MilieuA031BR,1BA$4.45
Sentral Michigan AvenueS5Studio ,1BA$3.86
618 S Racine Ave, Unit 104618 S Racine Ave1BR,1BA$1.40

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Pet Friendly Lifestyle
University Village Little Italy, Chicago, IL

Ranked #64

Among neighborhoods in Chicago, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 $2,626.

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 $2,382, while the average apartment in University Village Little Italy costs $7,923.

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 62 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 $1,117 which is $6,806 cheaper than the average rent for all rentals in University Village Little Italy.

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.

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