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Cheap Apartments for Rent in Central Chicago, Chicago, IL

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  • Apartments Under $1,000 Apartments Under $1,100 Apartments Under $1,400 Apartments Under $1,500 Apartments Under $1,600 Apartments Under $1,700

  • Apartments Under $1,000

  • New Units Available 28 units available
    Studio $919
    1 bd $903+
    2 bd $1,374
    Base rent
    Verified Listing

    THREE Old Town Park

    4.5 (39)
    228 W Hill Street, Chicago, IL 60610
    Apply online • Pet friendly • Fitness center
  • 1 bd $915+
    Base rent
    Verified Listing

    1168 N. LaSalle

    4.5 (8)
    1168 North Lasalle Drive, Chicago, IL 60610
    Pet friendly

  • Apartments Under $1,100

  • Only 1 unit left
    1 bd $1,000
    2 bd $1,175
    3 bd $1,300
    Base rent
    Verified Listing

    7636 South Peoria Street

    7636-38 South Peoria Street, Chicago, IL 60620
    Apply online

  • Apartments Under $1,400

  • Ask for pricing
    Verified Listing

    SoNu Digs

    4.0 (24)
    1515 N Fremont St, Chicago, IL 60642
    Pet friendly
    View Details

  • Apartments Under $1,500

  • New Units Available
    Studio $1,413+
    1 bd $2,055+
    2 bd $3,288+
    Total monthly cost
    Verified Listing

    Presidential Towers

    555 West Madison, Chicago, IL 60661
    Apply online • Pet friendly • Parking
  • Studio $1,430+
    1 bd $1,705+
    2 bd $2,595+
    Base rent
    Verified Listing

    14 West Elm Apartments

    4.5 (40)
    14 West Elm Street, Chicago, IL 60610
    Apply online • Cat friendly • Fitness center
  • Rent specials Only 1 unit left
    Studio $1,489+
    Base rent
    Verified Listing

    Gramercy Row Apartments

    3.5 (13)
    660 - 678 N. Dearborn St., Chicago, IL 60654
    Apply online • Pet friendly • Parking

  • Apartments Under $1,600

  • Rent specials New Units Available
    Studio $1,532+
    1 bd $2,175+
    Total monthly cost
    Verified Listing

    The Oliver On LaSalle

    4.5 (5)
    1140 N Lasalle Dr, Chicago, IL 60610
    Apply online • Pet friendly • Fitness center

  • Apartments Under $1,700

  • Rent specials New Units Available
    Studio $1,835+
    1 bd $2,345+
    2 bd $3,895+
    Base rent
    Verified Listing

    Axis Apartments And Lofts

    441 E. Erie St., Chicago, IL 60611
    Apply online • Pet friendly • Fitness center
  • Rent specials New Units Available
    Studio $1,845+
    1 bd $2,245+
    2 bd $3,299+
    Total monthly cost
    Verified Listing

    River North Park

    4.0 (8)
    320 W Illinois St, Chicago, IL 60654
    Apply online • Pet friendly • Laundry Facilities
  • New Units Available
    2 bd $1,845
    Base rent
    Verified Listing

    529 Michigan

    4.0 (6)
    529-35 Michigan, Evanston, IL 606202
    Apply online • Cat friendly • Dishwasher
  • Rent specials New Units Available
    Studio $1,870+
    1 bd $2,219+
    2 bd $2,807+
    Base rent
    Verified Listing

    Park Michigan - 1212 S Michigan

    4.0 (60)
    1212 S Michigan Ave, Chicago, IL 60605
    Apply online • Pet friendly • Parking
  • Rent specials New Units Available
    Studio $1,882+
    1 bd $2,281+
    2 bd $3,973+
    Base rent
    Verified Listing

    1350 North Lake Shore Drive

    4.5 (25)
    1350 North Lake Shore Drive, Chicago, IL 60610
    Apply online • Pet friendly • Parking
  • Rent specials
    Studio $1,935+
    1 bd $2,095+
    Base rent
    Verified Listing

    65 East Scott

    4.5 (66)
    65 East Scott, Chicago, IL 60610
    Apply online • Pet friendly • Parking
  • Rent specials New Units Available
    Studio $1,990+
    1 bd $1,995+
    2 bd $2,785+
    Base rent
    Verified Listing

    777 South State

    4.0 (43)
    2 East 8Th St., Chicago, IL 60605
    Apply online • Pet friendly • Parking
  • Rent specials New Units Available
    Studio $1,997+
    1 bd $2,399+
    2 bd $3,985+
    Base rent
    Verified Listing

    Eleven40

    4.5 (15)
    1140 S Wabash Ave, Chicago, IL 60605
    Apply online • Pet friendly • Parking
  • Rent specials
    1 bd $2,054
    Total monthly cost
    Verified Listing

    Uncommon

    3.5 (5)
    2101 S Wabash Ave, Chicago, IL 60616
    Apply online • Pet friendly • Fitness center
  • Rent specials New Units Available
    Studio $2,148+
    1 bd $2,499+
    2 bd $4,324+
    Base rent
    Verified Listing

    The 808 Cleveland

    808 N Cleveland Ave, Chicago, IL 60610
    Apply online • Pet friendly • Parking
  • Rent specials New Units Available
    Studio $2,444+
    1 bd $2,798+
    2 bd $4,743+
    Base rent
    Verified Listing

    868 N. Wells

    4.5 (7)
    868 N. Wells Street, Chicago, IL 60610
    Apply online • Pet friendly • Fitness center
  • Only 1 unit left
    2 bd $4,295
    Base rent
    Verified Listing

    10-12 W. Chestnut

    4.0 (1)
    10 W Chestnut St, Chicago, IL 60610
    Apply online • Cat friendly • Dishwasher
  • Ask for pricing
    Verified Listing

    Pittsfield Apartments

    4.0 (97)
    55 East Washington St, Chicago, IL 60602
    Pet friendly • Hardwood Floors • Laundry Facilities
  • Ask for pricing
    Verified Listing

    2008 S. Wabash Ave

    2008 S Wabash Ave, Chicago, IL 60616
    Cat friendly • Parking • In unit laundry
  • 22-3-nhood
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Frequently asked questions

What is the price of a cheap apartment in Central Chicago, Chicago, IL?

The price range of a cheap apartment is between $1,430 and $28,000.

How many cheap rentals are available in Central Chicago, Chicago, IL on RentCafe?

There are 133 cheap rentals available on RentCafe. Prices and availability in Central Chicago, Chicago, IL were last updated on 9 Oct 2026.

What is the average size of a cheap apartment in Central Chicago, Chicago, IL?

The average Central Chicago, Chicago, IL cheap apartment size is 651 sq. ft.

What are the advantages of renting a cheap apartment in Central Chicago, Chicago, IL?

Cheap apartments in Central Chicago, Chicago, IL are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Central Chicago, Chicago, IL?

A cheap apartment in Central Chicago, Chicago, IL offers little storage space and fewer amenities compared to other apartments.

Looking for a cheap apartment for rent in Central Chicago, Chicago, IL? With RentCafe, finding an affordable apartment in Central Chicago has never been easier. We feature 318 low-priced rentals directly from property managers, with rents lower than the Central Chicago, Chicago, IL average, which is currently $3,037. On RentCafe, Central Chicago rents go as low as $903/mo.