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Cheap Apartments for Rent in Downtown Chicago, Chicago, IL
Cheap Apartments for Rent in Downtown Chicago, Chicago, IL. 184 Rentals Available
184 Rentals Available
Apartments Under $100 Apartments Under $1,100 Apartments Under $1,200 Apartments Under $1,400 Apartments Under $1,500 Apartments Under $1,600
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 • Hardwood Floors
Apartments Under $1,100
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1 bd $1,0002 bd $1,175+3 bd $1,300Base rent7636-38 South Peoria Street, Chicago, IL 60620
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Apartments Under $1,200
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Studio $1,115+1 bd $1,438+2 bd $1,764+Base rent2937 S. King Drive, Chicago, IL 60616Apply online • Pet friendly • Fitness center
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Apartments Under $1,400
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1 bd $1,350+Base rent3.0 (3)1843 South Racine Avenue, Chicago, IL 60608Pet friendly
Apartments Under $1,500
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Studio $1,413+1 bd $1,782+2 bd $3,049+Total monthly cost555 West Madison, Chicago, IL 60661Apply online • Pet friendly • Parking
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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")
Apartments Under $1,600
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Ask for pricing3.0 (3)30 E. Roosevelt Rd, Chicago, IL 60605Pet friendly • In unit laundry
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Studio $1,536+Base rent3.5 (12)660 - 678 N. Dearborn St., Chicago, IL 60654Apply online • Cat friendly • Fitness center
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Studio $3,2502 bd $1,600Base rent1317 West 18Th Street, Chicago, IL 60608Pet friendly -
Studio $1,6702 bd $3,125Total monthly cost3.5 (10)63 E Lake Street, Chicago, IL 60601Apply online • Pet friendly
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Studio $1,6951 bd $2,195+2 bd $2,595Base rent4.0 (97)55 East Washington St, Chicago, IL 60602Apply online • Pet friendly • In unit laundry
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More Rentals Near Downtown Chicago, Chicago, IL
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1 bd $1,705+Base rent4.5 (40)14 West Elm Street, Chicago, IL 60610Apply online • Cat friendly • Fitness center
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Studio $1,779+1 bd $1,929+2 bd $2,988+Base rent4.0 (60)1212 S Michigan Ave, Chicago, IL 60605Apply online • Pet friendly • Parking
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Studio $1,785+1 bd $2,430+2 bd $3,020Base rent441 E. Erie St., Chicago, IL 60611Apply online • Pet friendly • Fitness center
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Studio $1,8311 bd $1,790+Base rent1461 S Blue Island Ave, Chicago, IL 60608Pet friendly • Fitness center
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Studio $1,795Base rent1164 N Dearborn St, Chicago, IL 60610Pet friendly • Dishwasher
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Studio $1,845+1 bd $2,208+2 bd $3,568+Base rent4.0 (7)320 W Illinois St, Chicago, IL 60654Apply online • Pet friendly • In unit laundry
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Studio $1,935+1 bd $2,105+2 bd $2,730Base rent4.0 (39)2 East 8Th St., Chicago, IL 60605Apply online • Pet friendly • Parking
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1 bd $2,0352 bd $2,925+Base rent3.5 (5)2101 S Wabash Ave, Chicago, IL 60616Apply online • Pet friendly • Fitness center
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Studio $2,035+1 bd $2,305+2 bd $3,675+Base rent4.5 (63)65 East Scott, Chicago, IL 60610Apply online • Pet friendly • Parking
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Studio $2,110+1 bd $2,493+2 bd $3,737+Total monthly cost4.0 (23)1130 South Michigan Avenue, CHICAGO, IL 60605Apply online • Pet friendly • In unit laundry
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Studio $2,271+2 bd $3,801+Base rent4.5 (15)1140 S Wabash Ave, Chicago, IL 60605Apply online • Pet friendly • Parking
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Studio $2,561+1 bd $3,166+2 bd $5,078+Base rent4.5 (7)868 N. Wells Street, Chicago, IL 60610Apply online • Pet friendly • Fitness center
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2 bd $3,495Base rent4.0 (1)10 W Chestnut St, Chicago, IL 60610Apply online • Cat friendly • In unit laundry
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Ask for pricing2008 S Wabash Ave, Chicago, IL 60616Cat friendly • Parking • Air conditioner
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4.5 (5)529-35 Michigan, Evanston, IL 606202Cat friendly • In unit laundry • Dishwasher
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.jpg?crop=(0,0,300,214)&cropxunits=300&cropyunits=214&width=480&quality=90 "Stylish Living Room")
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&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")
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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 $1,859 and $6,241.
How many cheap rentals are available in Downtown Chicago, Chicago, IL on RentCafe?
There are 19 cheap rentals available on RentCafe. Prices and availability in Downtown Chicago, Chicago, IL were last updated on 2 Jul 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 437 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.
Looking for a cheap apartment for rent in Downtown Chicago, Chicago, IL? With RentCafe, finding an affordable apartment in Downtown Chicago has never been easier. We feature 184 low-priced rentals directly from property managers, with rents lower than the Downtown Chicago, Chicago, IL average, which is currently $3,183. On RentCafe, Downtown Chicago rents go as low as $1,000/mo.