Apartments for Rent in Chicago, IL under $1500
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Studio $1,012+1 bd $1,310Base rent Income restricted4536-40 N Magnolia Ave, Chicago, IL 60640Hardwood Floors
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Ask for pricingIncome restricted6430 S. Stony Island, Chicago, IL 60637Parking • In unit laundry • Dishwasher
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Studio $1,126+1 bd $1,358Base rent4.0 (107)2970 N Sheridan Road, Chicago, IL 60657Pet friendly • In unit laundry • Large Closets
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Studio $1,302+1 bd $1,372+Base rent3.0 (6)5441 N. East River Road, Chicago, IL 60656Pet friendly • Fitness center • Pool
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Studio $1,2201 bd $1,450Base rent4.5 (1)5532 S Kenwood Ave, Chicago, IL 60615Pet friendly • In unit laundry • Public Transportation
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1 bd $1,349+Base rent5.0 (1)5125 S Kenwood Ave, Chicago, IL 60615Pet friendly • In unit laundry • Dishwasher
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Studio $1,012+1 bd $1,310Base rent Income restricted4536-40 N Magnolia Ave, Chicago, IL 60640Hardwood Floors
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Studio $1,179+1 bd $1,229+Base rent4.0 (3)5220 S Kenwood Ave, Chicago, IL 60615Pet friendly • In unit laundry • Extra Storage
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Studio $1,495+Base rent4.0 (97)55 East Washington St, Chicago, IL 60602Pet friendly • In unit laundry • Hardwood Floors
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Studio $1,0651 bd $1,190+2 bd $1,495+Base rent3233 S King Drive, Chicago, IL 60616Pet friendly • Parking • Fitness center
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4 bd $1,474+Base rent808 N Cleveland Ave, Chicago, IL 60610Pet friendly • Parking • Fitness center
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Ask for pricingIncome restricted6430 S. Stony Island, Chicago, IL 60637Parking • In unit laundry • Dishwasher
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Studio $1,267+1 bd $1,142+Base rent2937 S. King Drive, Chicago, IL 60616Pet friendly • Fitness center • In unit laundry
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Ask for pricing4555 N Sheridan Road, Chicago, IL 60640Pet friendly • Fitness center • Dishwasher
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Studio $1,473+Total monthly cost4.5 (11)1649 East 50Th Street, Chicago, IL 60615Pet friendly • Fitness center • In unit laundry
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Studio $1,149+1 bd $1,349+Base rent5110 S Kenwood Ave, Chicago, IL 60615Pet friendly • In unit laundry • Dishwasher
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Studio $1,101+1 bd $1,325+Base rent5118 S Dorchester Ave, Chicago, IL 60615Pet friendly • In unit laundry • Public Transportation
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Studio $1,149+1 bd $1,449+Base rent3.5 (7)5514 S Blackstone Ave, Chicago, IL 60615Pet friendly • In unit laundry • Hardwood Floors
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Studio $1,2091 bd $1,329+Base rent3.0 (3)1215 E Hyde Park Blvd, Chicago, IL 60615Pet friendly • In unit laundry • Dishwasher
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Studio $1,2691 bd $1,369Base rent3.0 (5)1369 E Hyde Park Blvd, Chicago, IL 60615Pet friendly • In unit laundry • Dishwasher
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Studio $999+1 bd $1,259+Base rent3.0 (5)5330 S Blackstone Ave, Chicago, IL 60615Pet friendly • In unit laundry • Public Transportation
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1 bd $1,370+Base rent3.5 (3)5345 S Harper Ave, Chicago, IL 60615Pet friendly • In unit laundry • Dishwasher
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Studio $1,080+Base rent3.5 (3)5455 S Blackstone Ave, Chicago, IL 60615Pet friendly • In unit laundry • Public Transportation
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Studio $1,332+Total monthly cost4.0 (13)2701 S Indiana Ave, Chicago, IL 60616Pet friendly • Fitness center • In unit laundry
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Studio $1,2701 bd $1,390Base rent5316 S Dorchester Ave, Chicago, IL 60615Pet friendly • In unit laundry • Large Closets
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Frequently asked questions
When were prices and availability in Chicago, IL last updated?
Prices and availability in Chicago, IL were last updated on 14 Jul 2026.
What are the best apartments in Chicago, IL?
The best apartments in Chicago, IL are: Shoreham and Tides, The Montrose, Presidential Towers, North Harbor Tower and The Elle Apartments.
What type of rental buildings are in Chicago, IL?
In Chicago, 54% of the residents are renting compared to 46% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 27% of Chicago's rentals, 66% are small-scale complexes with under 50 units, and 6% are single-family rentals.
Your search for apartments in Chicago, IL under $1,500 stops here
Finding apartments for rent in Chicago, IL for less than $1,500 has never been so easy! At RentCafe nice cheap apartments are just one click away. There are currently 526 available units in Chicago, IL, renting for under $1,500. On average, $1,475 can get you 813 Sqft in this area. Be sure to search for the apartment that is best for you. Under “More”, check the amenities that you consider a must-have, and don’t forget to look at the pet policy. Fitness enthusiasts can even check the Fitness Center box. Whether you are looking for studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, you are sure to find one that will make you want to move in right away.
We’ll help you find the best rental near you
Having to compromise on either price or location can turn your “apartments near me under $1,500” search into a nightmare. At RentCafe we recognize the importance of both. Therefore, we offer a variety of filters that can help you find exactly what you want. Sorting the results by rent, ascending, will make the cheapest units show up first on the list. Try it out! You will find that right now the cheapest apartment under $1,500 in Chicago, IL goes for $903 per month. If some of the results are outside the area of your choice, you can go to the left side of the screen and draw a radius or a polygon around your location. Now you will only see results that are relevant to you.