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Cheap Apartments for Rent in Downtown Chicago, Chicago, IL

Cheap Apartments for Rent in Downtown Chicago, Chicago, IL. 200 Rentals Available
200 Rentals Available
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Apartments Under $100 Apartments Under $1,000 Apartments Under $1,200 Apartments Under $1,500 Apartments Under $1,600 Apartments Under $1,700

Apartments Under $100

  • an apartment building on the corner of a street
    Only 2 units left
    Studio $75
    1 bd $1,000
    2 bd $1,200
    Base rent
    Verified Listing

    3.0 (2)
    1306-1310 W 78Th St, Chciago, IL 60620
    Apply online

Apartments Under $1,000

  • A modern living room with a black couch and a white wall.
    New units available 32 units available
    Studio $919
    1 bd $903+
    2 bd $1,374
    Base rent
    Verified Listing

    4.5 (38)
    228 W Hill Street, Chicago, IL 60610
    Apply online • Pet friendly
  • a brick building on the corner of a city street
    1 bd $915+
    Base rent
    Verified Listing

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

Apartments Under $1,200

  • A modern living room with a long table and chairs.
    Rent specials 26 units available
    Studio $1,125+
    1 bd $1,598+
    2 bd $1,636+
    Base rent
    Verified Listing

    2937 S. King Drive, Chicago, IL 60616
    Apply online • Pet friendly

Apartments Under $1,500

  • a living room with a mirror and a wood floor
    Rent specials Only 3 units left
    Studio $1,411+
    1 bd $1,749+
    Base rent
    Verified Listing

    3.5 (12)
    660 - 678 N. Dearborn St., Chicago, IL 60654
    Apply online • Cat friendly
  • A modern living room with a grey couch and a brown rug.
    Rent specials 28 units available
    Studio $1,485+
    1 bd $2,098+
    Base rent
    Verified Listing

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

Apartments Under $1,600

  • a kitchen with white cabinets and a stainless steel refrigerator
    1 bd $1,500
    Base rent
    Verified Listing

    4.5 (5)
    529-35 Michigan, Evanston, IL 606202
    Apply online • Cat friendly
  • a living room with a couch and a table
    Ask for pricing
    Verified Listing

    3.0 (3)
    30 E. Roosevelt Rd, Chicago, IL 60605
    Apply online • Pet friendly
  • a living room with a couch and a television
    Studio $1,545+
    2 bd $2,595+
    Base rent
    Verified Listing

    4.5 (40)
    14 West Elm Street, Chicago, IL 60610
    Apply online • Cat friendly

  • More Rentals Near Downtown Chicago, Chicago, IL

Apartments Under $1,700

  • the living room of an apartment with a couch and a table
    Rent specials New units available
    Studio $1,645+
    1 bd $1,981+
    2 bd $3,240+
    Total monthly cost
    Verified Listing

    555 West Madison, Chicago, IL 60661
    Apply online • Pet friendly • Parking
  • a living room with a couch and a coffee table and large windows
    Rent specials New units available
    Studio $1,735+
    2 bd $2,885
    Total monthly cost
    Verified Listing

    3.5 (10)
    63 E Lake Street, Chicago, IL 60601
    Apply online • Pet friendly
  • a living room with a gray couch and a mirror
    Studio $1,749
    1 bd $1,915
    Base rent
    Verified Listing

    1461 S Blue Island Ave, Chicago, IL 60608
    Pet friendly
  • A living room with a white couch and a coffee table.
    Rent specials New units available
    Studio $1,775+
    1 bd $2,430+
    Base rent
    Verified Listing

    441 E. Erie St., Chicago, IL 60611
    Apply online • Pet friendly

  • More Rentals Near Downtown Chicago, Chicago, IL

  • a living room with a couch and a table and chairs
    New units available 11 units available
    Studio $1,795
    1 bd $2,195
    2 bd $2,495
    Base rent
    Verified Listing

    4.0 (95)
    55 East Washington St, Chicago, IL 60602
    Apply online • Pet friendly
  • A modern living room with a grey couch and a coffee table.
    Rent specials New units available
    Studio $1,823+
    1 bd $2,489+
    2 bd $3,318+
    Base rent
    Verified Listing

    4.0 (7)
    320 W Illinois St, Chicago, IL 60654
    Apply online • Pet friendly
  • A living room with a grey sofa, a round orange cushion, a round wooden table with a chair and a rug with a chevron pattern.
    Rent specials New units available
    Studio $1,836+
    1 bd $2,117+
    2 bd $3,048+
    Base rent
    Verified Listing

    4.0 (60)
    1212 S Michigan Ave, Chicago, IL 60605
    Apply online • Pet friendly
  • a living room with a blue couch and chairs and a table
    Rent specials New units available
    Studio $1,880
    1 bd $2,105+
    2 bd $2,730+
    Base rent
    Verified Listing

    4.0 (36)
    2 East 8Th St., Chicago, IL 60605
    Apply online • Pet friendly
  • a living room with a view of the city and a blue couch and chair
    7 units available
    Studio $1,952+
    1 bd $2,413+
    2 bd $3,931+
    Base rent
    Verified Listing

    4.5 (15)
    1140 S Wabash Ave, Chicago, IL 60605
    Apply online • Pet friendly
  • a living room with a couch and a table in front of windows
    Studio $2,015+
    1 bd $2,305+
    2 bd $3,695+
    Base rent
    Verified Listing

    4.5 (62)
    65 East Scott, Chicago, IL 60610
    Apply online • Pet friendly
  • a living room and kitchen with a couch and a table
    Rent specials
    Studio $2,179+
    1 bd $2,512+
    2 bd $3,872+
    Total monthly cost
    Verified Listing

    4.0 (23)
    1130 South Michigan Avenue, CHICAGO, IL 60605
    Apply online • Pet friendly
  • a living room with blue walls and a couch and chairs
    Rent specials
    1 bd $2,200
    2 bd $3,000
    Base rent
    Verified Listing

    3.5 (5)
    2101 S Wabash Ave, Chicago, IL 60616
    Apply online • Pet friendly
  • a living room with a couch and a tv
    Studio $2,225+
    1 bd $2,323+
    2 bd $3,339+
    Base rent
    Verified Listing

    4.5 (34)
    901 South Ashland Avenue, Chicago, IL 60607
    Apply online • Pet friendly
  • 868 N. Wells Street Studio-3 Beds Apartment for Rent
    Rent specials
    Studio $2,559+
    1 bd $3,412+
    2 bd $5,078+
    Base rent
    Verified Listing

    868 N. Wells Street, Chicago, IL 60610
    Apply online • Pet friendly
  • a living room with a fireplace and a wooden floor
    Only 2 units left
    2 bd $3,495+
    Base rent
    Verified Listing

    4.0 (1)
    10 W Chestnut St, Chicago, IL 60610
    Apply online • Cat friendly
  • an open kitchen with a fireplace and wooden floors
    Ask for pricing
    Verified Listing

    2008 S Wabash Ave, Chicago, IL 60616
    Cat friendly
3-22-nhood

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 $1,836 and $11,540.

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

There are 11 cheap rentals available on RentCafe. Prices and availability in Downtown Chicago, Chicago, IL were last updated on 5 Jun 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.