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Cheap Apartments for Rent in the University Village Neighborhood of Chicago, IL from $700 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Village area of Chicago.
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from $1,3501 Bedroom Apartment Available Feb 15
1016 W Cullerton St, Unit 2R
1016 W Cullerton StChicago, IL 60608
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Rent Specials
from $1,5001 Bedroom Apartments Available Now
1523 W 18th St
1523 W 18th StChicago, IL 60608
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from $1,597Studio to 1 Bedroom Apartments Available Now
The Duncan
1515 W Monroe StChicago, IL 60607
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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
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Rent Specials
from $1,623Studio to 2 Bedroom Apartments Available Now
The Rosie
1461 S Blue Island AveChicago, IL 60608
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from $1,7501 Bedroom Apartment Available Feb 15
1827 S Racine Ave, Unit 2R
1827 S Racine AveChicago, IL 60608
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from $1,7501 Bedroom Apartment Available Feb 15
1827 S Racine Ave, Unit 2R
1827 S Racine AveChicago, IL 60608
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from $1,8003 Bedroom Apartment Available Now
1711 S Laflin St, Unit 1R
1711 S Laflin StChicago, IL 60608
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from $1,8001 to 2 Bedroom Apartments Available Now
Bishop Street Lofts
1822-1834 S Bishop StChicago, IL 60608
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1 to 2 Bedroom Apartments
Roosevelt Place Senior Apartments
1401-1431 W Roosevelt RdChicago, IL 60608
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Showing Results 1-38, 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 | $2,346 | $1,395 | $5,364 |
| University Village 1 Bedroom Apartments | $3,093 | $1,350 | $6,440 |
| University Village 2 Bedroom Apartments | $3,791 | $1,300 | $10,000+ |
| University Village 3 Bedroom Apartments | $3,634 | $1,800 | $7,195 |
| University Village 4 Bedroom Apartments | $1,595 | $775 | $6,750 |
Browse Apartments in this Neighborhood
There are currently 38 rentals with your search options within a 1 mile radius of the University Village Neighborhood of Chicago, IL.
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Cheapest Available University Village Apartments for Rent
The cheapest available apartment rental in the University Village area of Chicago, IL is a 2 Beds unit found at 1912 S Throop St priced from $1,300. 768 W. Jackson has the second lowest priced unit, which is a Studio apartment currently listed from $1,395. Here are the most affordable University 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 |
| 768 W. Jackson | Studio | Studio,1BA | $1,395 |
| 1523 W 18th St | One Bed/One Bath | 1BR,1BA | $1,500 |
| The Duncan | M-A24 - 100% AMI ARO | Studio,1BA | $1,597 |
| The Rosie | A15 | Studio,1BA | $1,623 |
| Bishop Street Lofts | Two Bedroom Loft | 2BR,1BA | $1,800 |
Best Value Apartments for Rent in University Village, IL
As of February 13, 2025 the best value apartment in the University Village area is the $1.85 price per square foot 1147 W Taylor St Model at 1147 W Taylor St, Unit 3700 in the in the University Village neighborhood starting from $3,700. The second greatest value University Village apartment is the 1821 W Cullerton St Model at 1821 W Cullerton St, Unit 1 starting at $2,650 with a $1.33 price per square foot in the University Village 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. |
|---|---|---|---|
| 1147 W Taylor St, Unit 3700 | 1147 W Taylor St | 3BR,2BA | $1.85 |
| 1821 W Cullerton St, Unit 1 | 1821 W Cullerton St | 4BR,2BA | $1.33 |
| 903 W 19th St, Unit 3 | 903 W 19th St | 4BR,1BA | $1.39 |
| 1821 W Cullerton St, Unit 1 | 1821 W Cullerton St | 4BR,1.5BA | $1.47 |
| 1503 W 19th St, Unit 1F | 1503 W 19th St | 3BR,2BA | $1.44 |
| 1503 W 19th St, Unit 1F | 1503 W 19th St | 2BR,2BA | $1.62 |
| 229 S Racine Ave, Unit 1 | 229 S Racine Ave | 2BR,2BA | $2.00 |
| Addams Coliving | Unit 410 | 4BR,4BA | $1.08 |
| 1528 W 18th St, Unit 3 | 1528 W 18th St | 2BR,1BA | $1.78 |
| 1711 S Laflin St, Unit 1R | 1711 S Laflin St | 3BR,1BA | $2.00 |
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 the Cheapest Studio apartment in University Village?
Currently the most affordable Cheap Studio Apartment in University Village is at 768 W. Jackson listed at $1,395.
How much is rent for a Cheap One Bedroom University Village Apartment?
The lowest price for a Cheap One Bedroom University Village Apartment is $1,500 at 1523 W 18th St.
What is the lowest price for a Cheap Two Bedroom University Village Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in University Village is starting from $1,300 at 1912 S Throop St.
What is the most affordable University Village Three Bedroom Apartment?
The best deal on a cheap University Village Three Bedroom Apartment rental is at Monroe Aberdeen Place and starts from $4,334.
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.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
Navigating the World of Low-Income Housing: A Comprehensive Guide
Written by: Kevin Ready
Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.