1903 S Blue Island Ave
ChicagoIL60608
Cheap Apartments for Rent in the University Village Neighborhood of Chicago, IL from $600 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Village area of Chicago.
close
View Me
from $7001 Bedroom Apartment Available Now
618 S Racine Ave, Unit 104
618 S Racine AveChicago, IL 60607
Private bedroom in 4 bed/1 bath Home
2010 S Loomis St
ChicagoIL60608
Private bedroom in 4 bed/2 bath Home
1812 S Throop St
ChicagoIL60608
Private bedroom in 4 bed/1 bath Home
2010 S Loomis St
ChicagoIL60608
Private bedroom in 4 bed/2 bath Home
1812 S Throop St
ChicagoIL60608
Private bedroom in 4 bed/2 bath Home
1812 S Throop St
ChicagoIL60608
Private bedroom in 3 bed/2 bath Home
20 S Seeley Ave
ChicagoIL60612
Private bedroom in 4 bed/1 bath Home
2010 S Loomis St
ChicagoIL60608
Private bedroom in 4 bed/2 bath Home
1812 S Throop St
ChicagoIL60608
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.
Private bedroom in 5 bed/3 bath Home
1119 S Loomis St
ChicagoIL60607
Private bedroom in 5 bed/3 bath Home
1119 S Loomis St
ChicagoIL60607
Private bedroom in 5 bed/3 bath Home
1119 S Loomis St
ChicagoIL60607
Private bedroom in 5 bed/3 bath Home
1119 S Loomis St
ChicagoIL60607
Private bedroom in 5 bed/3 bath Home
1119 S Loomis St
ChicagoIL60607
close
View Me
close
View Me
close
View Me
from $1,4001 Bedroom Apartment Available Now
1834 S Blue Island Ave, Unit 3
1834 S Blue Island AveChicago, IL 60608
1846 W 18th St
ChicagoIL60608
close
View Me
from $1,4452 Bedroom Apartment Available Now
1838 S May St, Unit Apt 2F
1838 S May StChicago, IL 60608
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
close
View Me
from $1,450Studio to 3 Bedroom Apartments Available Now
Roosevelt Square
1357 W Roosevelt RdChicago, IL 60608
close
View Me
Rent Specials
from $1,495Studio to 1 Bedroom Apartments Available Now
The Duncan
1515 W Monroe StChicago, IL 60607
close
View Me
from $1,5001 Bedroom Apartment Available Now
1720 S Clinton St, Unit Coach House
1720 S Clinton StChicago, IL 60616
712 W 17th St
ChicagoIL60616
close
View Me
from $1,5001 Bedroom Apartment Available Jun 1
1422 W Polk St, Unit Garden
1422 W Polk StChicago, IL 60607
close
View Me
from $1,5002 Bedroom Apartment Available Now
1901 S Allport St, Unit 2F
1901 S Allport StChicago, IL 60608
close
View Me
from $1,6002 Bedroom Apartment Available May 1
1854 S Allport St, Unit 1R
1854 S Allport StChicago, IL 60608
close
View Me
from $1,7001 Bedroom Apartment Available Now
1828 S Peoria St, Unit 1F
1828 S Peoria StChicago, IL 60608
close
View Me
1 to 2 Bedroom Apartments
Roosevelt Place Senior Apartments
1401-1431 W Roosevelt RdChicago, IL 60608
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-42, Page 1 of 1
University Village, Chicago, IL Local Guide
How much does it cost to rent an apartment in University Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Village Studio Apartments | $2,327 | $1,295 | $5,531 |
| University Village 1 Bedroom Apartments | $2,909 | $685 | $8,581 |
| University Village 2 Bedroom Apartments | $3,121 | $1,300 | $10,000+ |
| University Village 3 Bedroom Apartments | $3,778 | $1,025 | $6,499 |
| University Village 4 Bedroom Apartments | $1,792 | $800 | $5,950 |
Browse Apartments in this Neighborhood
There are currently 42 rentals with your search options within a 1 mile radius of the University Village Neighborhood of Chicago, IL.
See all Apartments in ChicagoExplore Chicago
Let everyone know!
Do you know the University Village area?
If you’re an expert on all things University Village, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Cheapest Available University Village Apartments for Rent
The cheapest available apartment rental in the University Village area of Chicago, IL is a 4 Beds unit found at Addams Coliving priced from $1,250. 768 W. Jackson has the second lowest priced unit, which is a Studio apartment currently listed from $1,295. Here are the most affordable University Village apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Addams Coliving | Unit 207 | 4BR,4BA | $1,250 |
| 768 W. Jackson | Studio | Studio,1BA | $1,295 |
| 1912 S Throop St | 2 Bed/1.5 Bath | 2BR,1BA | $1,300 |
| Roosevelt Square | Studio | Studio,1BA | $1,450 |
| The Duncan | M-A24 - 100% AMI ARO | Studio,1BA | $1,495 |
Best Value Apartments for Rent in University Village, IL
As of April 26, 2025 the best value apartment in the University Village area is the $1.44 price per square foot 1025 W 20th Plz Model at 1025 W 20th Plz, Unit 1 in the in the University Village neighborhood starting from $2,600. The second greatest value University Village apartment is the 229 S Racine Ave Model at 229 S Racine Ave, Unit 1 starting at $3,295 with a $2.06 price per square foot in the West Loop neighborhood. Here is today’s list of the best values for University Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1025 W 20th Plz, Unit 1 | 1025 W 20th Plz | 4BR,2BA | $1.44 |
| 229 S Racine Ave, Unit 1 | 229 S Racine Ave | 2BR,2BA | $2.06 |
| 1142 W 17th St, Unit 1F | 1142 W 17th St | 2BR,2BA | $2.08 |
| 1834 S Blue Island Ave, Unit 3 | 1834 S Blue Island Ave | 1BR,1BA | $1.56 |
| 1828 S Peoria St, Unit 1F | 1828 S Peoria St | 1BR,1BA | $2.00 |
| 1901 S Allport St, Unit 2F | 1901 S Allport St | 2BR,1BA | $1.88 |
| 1720 S Clinton St, Unit Coach House | 1720 S Clinton St | 1BR,1BA | $2.00 |
| 1838 S May St, Unit Apt 2F | 1838 S May St | 2BR,1BA | $1.93 |
| 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 |
Getting Around the University Village Neighborhood in Chicago, IL
Walk Score®
87 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
94 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
69 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap University Village Apartments
What is a cheap apartment in University Village?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Village is under $1,495.
What is the price of a cheap apartment in University Village?
The cheapest apartment in University Village is Roosevelt Square which is listed at $1,650, while the average apartment in University Village costs $3,662.
What types of apartments are the cheapest in University 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 53 regular apartments in University 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 University Village?
Cheap apartments in University Village have an average cost of $415 which is $3,247 cheaper than the average rent for all rentals in University 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.