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Cheap Apartments for Rent in Downtown Chicago, Chicago, IL
Cheap Apartments for Rent in Downtown Chicago, Chicago, IL. 176 Rentals Available
176 Rentals Available
Apartments Under $100 Apartments Under $1,000 Apartments Under $1,300 Apartments Under $1,500 Apartments Under $1,600 Apartments Under $1,700
Apartments Under $100
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Only 2 units leftStudio $751 bd $1,0002 bd $1,200Base rent3.0 (2)1306-1310 W 78Th St, Chciago, IL 60620Apply online
Apartments Under $1,000
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Studio $9191 bd $903+2 bd $1,374Base rent4.5 (38)228 W Hill Street, Chicago, IL 60610Apply online • Pet friendly
Apartments Under $1,300
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Studio $1,276+1 bd $1,646+2 bd $1,764+Base rent2937 S. King Drive, Chicago, IL 60616Apply online • Pet friendly
&cropxunits=300&cropyunits=200&width=480&quality=90 "Pet friendly community")
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Apartments Under $1,500
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Studio $1,430+2 bd $2,595+Base rent4.5 (40)14 West Elm Street, Chicago, IL 60610Apply online • Cat friendly
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Studio $1,453+Base rent3.5 (12)660 - 678 N. Dearborn St., Chicago, IL 60654Apply online • Cat friendly
.jpg?crop=(0,0,300,214)&cropxunits=300&cropyunits=214&width=480&quality=90 "Stylish Living Room")
&cropxunits=300&cropyunits=225&width=480&quality=90 "Stainless Steel Fixtures")
Apartments Under $1,600
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Studio $1,511+1 bd $2,107+Base rent4.5 (5)1140 N Lasalle Dr, Chicago, IL 60610Apply online • Pet friendly
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Ask for pricing3.0 (3)30 E. Roosevelt Rd, Chicago, IL 60605Apply online • Pet friendly
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Studio $1,5751 bd $2,165+2 bd $2,885Base rent3.5 (10)63 E Lake Street, Chicago, IL 60601Apply online • Pet friendly
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More Rentals Near Downtown Chicago, Chicago, IL
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Studio $1,5951 bd $2,1952 bd $2,395Base rent4.0 (95)55 East Washington St, Chicago, IL 60602Apply online • Pet friendly
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Apartments Under $1,700
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Studio $1,638+1 bd $2,024+2 bd $3,090+Total monthly cost555 West Madison, Chicago, IL 60661Apply online • Pet friendly • Parking
2560.png?width=480&quality=90 "Plank-style flooring at Presidential Towers in Chicago IL")
2560.png?width=480&quality=90 "Plush bedroom carpeting at Presidential Towers in Chicago IL")
2560.JPG?width=480&quality=90 "Rooftop lounge with grills")
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Studio $1,817+1 bd $2,197+2 bd $3,780+Base rent4.0 (7)320 W Illinois St, Chicago, IL 60654Apply online • Pet friendly
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Studio $1,8291 bd $1,915+2 bd $2,610Base rent1461 S Blue Island Ave, Chicago, IL 60608Pet friendly
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Only 1 unit left1 bd $1,850Base rent3.0 (3)1843 South Racine Avenue, Chicago, IL 60608Apply online • Pet friendly -
More Rentals Near Downtown Chicago, Chicago, IL
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Studio $1,8851 bd $2,175+2 bd $2,630+Base rent4.0 (36)2 East 8Th St., Chicago, IL 60605Apply online • Pet friendly
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Studio $1,901+1 bd $2,147+2 bd $2,820+Base rent4.0 (60)1212 S Michigan Ave, Chicago, IL 60605Apply online • Pet friendly
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Studio $1,919+1 bd $2,339+Base rent4.5 (15)1140 S Wabash Ave, Chicago, IL 60605Apply online • Pet friendly
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Studio $1,959+1 bd $2,380+2 bd $3,852+Total monthly cost4.0 (23)1130 South Michigan Avenue, CHICAGO, IL 60605Apply online • Pet friendly
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1 bd $1,9952 bd $3,000Base rent3.5 (5)2101 S Wabash Ave, Chicago, IL 60616Apply online • Pet friendly
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Studio $2,025+1 bd $2,445+2 bd $3,010+Base rent441 E. Erie St., Chicago, IL 60611Apply online • Pet friendly
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Studio $2,148+1 bd $2,291+2 bd $2,921+Base rent4.5 (34)901 South Ashland Avenue, Chicago, IL 60607Apply online • Pet friendly
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Studio $2,238+1 bd $2,635+3 bd $5,995+Total monthly cost221 W Harrison St, Chicago, IL 60607Apply online • Pet friendly
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1 bd $2,465+2 bd $3,510+Base rent4.5 (62)65 East Scott, Chicago, IL 60610Apply online • Pet friendly
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2 bd $3,450Base rent4.0 (1)10 W Chestnut St, Chicago, IL 60610Apply online • Cat friendly
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Ask for pricing2008 S Wabash Ave, Chicago, IL 60616Cat friendly
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&cropxunits=300&cropyunits=200&width=480&quality=90 "Park Michigan Renovated Unit - Kitchen")
&cropxunits=300&cropyunits=169&width=480&quality=90 "Studio, One-, and Two-Bedroom Residences")
&cropxunits=300&cropyunits=169&width=480&quality=90 "Modern and Timeless Finishes")
.jpg?width=480&quality=90 "Open Concept Living Room at The Grand Central Apartments in Chicago, IL 60607")
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Frequently asked questions
What is the price of a cheap apartment in Downtown Chicago, Chicago, IL?
The price range of a cheap apartment is between $1,901 and $11,826.
How many cheap rentals are available in Downtown Chicago, Chicago, IL on RentCafe?
There are 12 cheap rentals available on RentCafe. Prices and availability in Downtown Chicago, Chicago, IL were last updated on 16 May 2026.
What is the average size of a cheap apartment in Downtown Chicago, Chicago, IL?
The average Downtown Chicago, Chicago, IL cheap apartment size is 439 sq. ft.
What are the advantages of renting a cheap apartment in Downtown Chicago, Chicago, IL?
Cheap apartments in Downtown 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 Downtown Chicago, Chicago, IL?
A cheap apartment in Downtown Chicago, Chicago, IL offers little storage space and fewer amenities compared to other apartments.