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Cheap Apartments for Rent in Chicago IL - 3,600 Rentals

Chicago, IL Cheap Apartments for Rent

Whether you're on a budget or just looking to save, there are plenty of ways to find cheap apartments and affordable rent in Chicago. Start by defining your list of apartment “must-haves.” What features can you not live without? If you want to live within walking distance to your favorite downtown locations, you may find that apartment size and upscale amenities are not as important to you. On the other hand, if you value space, access to community amenities, or high-end appliances, you may be willing to move farther out from Chicago hot spots where you can afford more apartment for less.

How to Find a Cheap Apartment in Chicago, IL

Rent in the city center tends to be more expensive. Try looking for budget-friendly apartments in neighborhoods farther from downtown. These areas offer mid-range prices and can still be close enough to everything you need. Try looking for areas of Chicago that might have more available rental units than others. In places with higher vacancy rates, landlords may be more likely to offer cheaper rent to fill the space.

When Are Apartments in Chicago, IL Cheapest?

If you want to find cheap rent in Chicago, timing can make a big difference. Apartments are usually cheaper during the off-season, typically December through March. During this time, fewer people are looking to move, so landlords are often more willing to offer lower rent to fill empty units. Another good time to search is at the end of the month when leases are up, and landlords want to fill vacancies quickly.

Cheap apartments in Chicago tend to go fast. Keep an eye on timing, neighborhood options, and special deals to score the best rental price.

Chicago, IL Rental Insights

Average Rent Rates

What is the average rent in Chicago, IL?

The average monthly rent in Chicago, IL is around $1,843.

Where can I find cheap apartments in Chicago, IL?

Apartments in Chicago, IL rent for around $1,843 but there are plenty of rentals to be found for $1,484 throughout the city.

How many cheap rentals are available in Chicago, IL on Apartments.com?

With over 3,600 affordable apartments on Apartments.com, you’re sure to find an Chicago, IL apartment at the right price.

What is the average rent for a studio in Chicago, IL?

You can expect to pay roughly $1,484 per month for a studio in Chicago, IL.

How expensive is a one-bedroom apartment in Chicago, IL?

The average one bedroom in Chicago, IL rents for $1,844 per month.

How expensive is a two-bedroom apartment in Chicago, IL?

Two-bedroom apartments in Chicago, IL rent for $2,339 per month.

Helpful Rental Guides for Chicago, IL

Five Most Affordable Neighborhoods in Chicago, IL
Five Most Affordable Neighborhoods in Chicago, IL
Locals Share What to Know Before Moving to Chicago
Locals Share What to Know Before Moving to Chicago
The Best Neighborhoods for Commuting to Downtown Chicago
The Best Neighborhoods for Commuting to Downtown Chicago
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