Apartments for Rent in Chicago, IL under $1500
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12 units availableStudio $1,012+1 bd $1,310Base rent Income restricted4536-40 N Magnolia Ave, Chicago, IL 60640Apply online • Hardwood Floors
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Ask for pricingIncome restricted6430 S. Stony Island, Chicago, IL 60637Dishwasher • Air conditioner • Large Closets
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Rent specialsStudio $1,330+1 bd $1,274Base rent4.0 (50)7171 W Gunnison St, Harwood Heights, IL 60706Apply online • Pet friendly
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Rent specialsStudio $1,275+Base rent4.0 (20)1338 W Argyle Street, Chicago, IL 60640Apply online • Pet friendly • Patio/Balcony
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Rent specials 7 units availableStudio $1,462+Base rent4.5 (5)1140 N Lasalle Dr, Chicago, IL 60610Apply online • Pet friendly • Fitness center
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Studio $1,340+Base rent4.0 (81)639-55 W. Grace St., Chicago, IL 60613Apply online • Pet friendly • Parking
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12 units availableStudio $1,012+1 bd $1,310Base rent Income restricted4536-40 N Magnolia Ave, Chicago, IL 60640Apply online • Hardwood Floors
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Rent specials 75 units availableStudio $1,1401 bd $1,160+2 bd $1,495+Base rent3233 S King Drive, Chicago, IL 60616Apply online • Pet friendly • Parking
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Rent specials Only 2 units leftStudio $1,013+Base rent79 W Monroe St, Chicago, IL 60642Apply online • Pet friendly • Fitness center
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Rent specials 26 units availableStudio $1,243+1 bd $1,389+Base rent3.0 (9)5441 N. East River Road, Chicago, IL 60656Apply online • Pet friendly • Fitness center
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8 units availableStudio $1,072+1 bd $1,201+Base rent4.0 (69)6700 S. Oglesby Ave., Chicago, IL 60649Apply online • Pet friendly • Dishwasher
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12 units availableStudio $1,012+1 bd $1,310Base rent Income restricted4536-40 N Magnolia Ave, Chicago, IL 60640Apply online • Hardwood Floors
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Rent specials Only 3 units left1 bd $1,375+Base rent3.0 (10)5107 S Blackstone Ave, Chicago, IL 60615Apply online • Pet friendly • Dishwasher
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Studio $1,423+Base rent4.0 (18)6040 N Sheridan Rd, Chicago, IL 60660Apply online • Pet friendly • Fitness center
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Rent specials 11 units availableStudio $1,284+1 bd $1,346+Base rent4.0 (58)5240 N. Sheridan Rd., Chicago, IL 60640Apply online • Pet friendly • Parking
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Rent specials Only 1 unit leftStudio $1,229Base rent3.0 (5)1369 E Hyde Park Blvd, Chicago, IL 60615Apply online • Pet friendly • Dishwasher
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Rent specials Only 2 units leftStudio $1,283+Base rent4.0 (25)5496 S. Hyde Park Blvd., Chicago, IL 60615Apply online • Pet friendly • Air conditioner
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Rent specials 16 units availableStudio $1,190+Base rent3.5 (4)5200 N Sheridan Rd, Chicago, IL 60640Apply online • Pet friendly • Parking
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14 units availableStudio $1,078+Base rent4.0 (67)5541 S. Everett Ave., Chicago, IL 60637Apply online • Pet friendly
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Rent specials Only 2 units left1 bd $1,383+Base rent4.0 (52)1380 E. Hyde Park Blvd., Chicago, IL 60615Apply online • Pet friendly • Parking
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Rent specials 7 units availableStudio $1,385Base rent1606 E. Hyde Park Blvd,, Chicago, IL 60615Apply online • Pet friendly • Dishwasher
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8 units availableStudio $1,306+Base rent4.0 (20)420 W. Fullerton Pkwy., Chicago, IL 60614Apply online • Pet friendly • Parking
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Rent specials Only 1 unit leftStudio $1,439+Base rent3.5 (13)660 - 678 N. Dearborn St., Chicago, IL 60654Apply online • Pet friendly • Parking
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Studio $1,442+Base rent3.5 (18)910 W Dakin St, Chicago, IL 60613Apply online • Pet friendly • Fitness center
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Studio $1,483+Base rent3.5 (23)6119 N Kenmore Ave, Chicago, IL 60660Apply online • Pet friendly • Dishwasher
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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 Nov 2026.
What are the best apartments in Chicago, IL?
The best apartments in Chicago, IL are: Shoreham and Tides, North Harbor Tower, Presidential Towers, The Montrose 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.
Search for apartments in Chicago, IL under $1,500
There’s more than one way to spend $1,500 on rent in Chicago, IL, so the first step is to start thinking about what you really want from your new home. Be mindful of what makes you tick. Look for 2 bedroom apartments for rent for less than $1,500 if you want to share your living space and don’t mind being further away from the city center. Search for 3 bedroom apartments if you’re moving in with family or planning to share part of your life and living expenses with more friends. If city bustle is what you live for, you might want to search for a studio or 1 bedroom apartment closer to the city center.
The perfect $1,500 rental near you
Don’t dismiss the idea of a studio just because it sounds small and featureless: studios come in many shapes and sizes, and it only takes a few strikes of creativity to go from drab to lively. If an all-in-one-room apartment spells total lack of privacy for you, have a look at the 1 bedroom apartments for rent in Chicago, IL. Customize your search by using more RentCafe filters. Decide what amenities you can’t live without and focus your search on the apartments that offer them. Are you bringing in a pet? Narrow your options to pet-friendly apartments for rent. Want more windows so that natural light floods your home? Hardwood floors or plush carpet in the living area? There are 423 apartments for rent below $1,500 in Chicago, IL for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.