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Cheap Apartments for Rent in Downtown Chicago, Chicago, IL

Cheap Apartments for Rent in Downtown Chicago, Chicago, IL. 206 Rentals Available
206 Rentals Available
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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

  • 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 • Hardwood Floors

Apartments Under $1,000

  • New Units Available 28 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 • Fitness center

Apartments Under $1,300

  • Rent specials 40 units available
    Studio $1,227+
    1 bd $1,325+
    2 bd $1,714+
    Base rent
    Verified Listing

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

Apartments Under $1,500

  • Studio $1,430+
    1 bd $1,705+
    Base rent
    Verified Listing

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

Apartments Under $1,600

  • Ask for pricing
    Verified Listing

    3.0 (3)
    30 E. Roosevelt Rd, Chicago, IL 60605
    Pet friendly • In unit laundry

Apartments Under $1,700

  • Rent specials New Units Available
    Studio $1,607+
    1 bd $2,103+
    Base rent
    Verified Listing

    4.5 (5)
    1140 N Lasalle Dr, Chicago, IL 60610
    Apply online • Pet friendly • Fitness center
  • Rent specials 6 units available
    Studio $1,609+
    Base rent
    Verified Listing

    3.5 (13)
    660 - 678 N. Dearborn St., Chicago, IL 60654
    Apply online • Pet friendly • Fitness center
  • Rent specials
    Ask for pricing
    Verified Listing

    3.5 (11)
    63 E Lake Street, Chicago, IL 60601
    Pet friendly

  • More Rentals Near Downtown Chicago, Chicago, IL

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 $1,923 and $5,721.

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

There are 9 cheap rentals available on RentCafe. Prices and availability in Downtown Chicago, Chicago, IL were last updated on 24 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 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.

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 206 low-priced rentals directly from property managers, with rents lower than the Downtown Chicago, Chicago, IL average, which is currently $3,167. On RentCafe, Downtown Chicago rents go as low as $903/mo.