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Apartments for Rent in Chicago, IL under $1400

616 Rentals Available
  • A living room with a fireplace and leather chairs. A tall red brick building with a clock on the top floor.
    Today

    4536-40 N Magnolia Ave, Chicago, IL 60640
    Income Restricted
    STUDIO $382+
    1 BED $1,310
    A living room with a fireplace and leather chairs. A tall red brick building with a clock on the top floor. A white gas stove is in a kitchen with wooden cabinets. A kitchen with wooden cabinets and a white fridge.
    Overview

    Sheridan Park affordable apartments for rent in Chicago, IL, offers affordable rates, practical amenities and a convenient location. Whether you want to relax, exercise, or explore the surroundings, you'll find everything you need and more inside our community. Outside of our welcoming community, you'll enjoy easy access to public transportation and a rich variety of shopping, dining and recreation. Sheridan Park sets the standard for affordable living in Chicago, Illinois. When you select one of our studio, 1, or 2-bedroom affordable apartments, you get a place to proudly call home. Each one of our floor plans has been thoughtfully designed and is fully equipped with hardwood flooring, mirrored closet doors and spacious layouts. To complete your experience, our community offers an on-site laundry, Business center and Elevator, as well as an attentive management and maintenance team happy to assist you. Sheridan Park is part of Chicago's affordable housing program. Applicants must meet eligibility requirements to qualify. Apply today to see if you qualify for this affordable housing opportunity.

    Amenities
    • Hardwood Floors
  • a large brick building with a fence in front of it
    202
    Today

    5123 S. Kimbark Ave., Chicago, IL 60615
    STUDIO $1,141+
    1 BED Ask for Pricing
  • a living room with a ceiling fan and a couch
    232
    Today

    661 W. Sheridan Rd., Chicago, IL 60613
    STUDIO $1,145+
  • a kitchen with a table and a refrigerator
    293
    Today

    420 W. Fullerton Pkwy., Chicago, IL 60614
    STUDIO $1,298+
  • a living room with two blue chairs and a table
    151
    Today

    5417-23 S. Harper Ave., Chicago, IL 60615
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
  • A kitchen with wooden cabinets and a white refrigerator.
    Today

    4536-40 N Magnolia Ave, Chicago, IL 60640
    Income Restricted
    STUDIO $382+
    1 BED $1,310
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  • a living room with a mirror and a wood floor
    186
    Today

    660 - 678 N. Dearborn St., Chicago, IL 60654
    STUDIO $1,330+
    1 BED Ask for Pricing
  • a living room with blue couches and a coffee table
    217
    Today

    1380 E. Hyde Park Blvd., Chicago, IL 60615
    1 BED $1,322+
  • a living room with white furniture and a ceiling fan
    182
    Today

    5496 S. Hyde Park Blvd., Chicago, IL 60615
    STUDIO $1,231+
  • a living room with a couch and a table and a ceiling fan
    269
    Today

    5541 S. Everett Ave., Chicago, IL 60637
    STUDIO $1,031+
    1 BED $1,296+
  • a parking garage filled with lots of cars
    269
    Today

    6700 S. Oglesby Ave., Chicago, IL 60649
    STUDIO $1,060+
    1 BED $1,232+
  • a bedroom with a bed and a dresser and a window
    174
    Today

    6104 S. Woodlawn Ave., Chicago, IL 60637
    STUDIO $1,134+
    1 BED $1,352+
  • Interactive banner bedroom
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  • a large brick building with many windows and a tree
    147
    Today

    5100 S. Cornell Ave., Chicago, IL 60615
    STUDIO $980+
    1 BED $1,349+
  • a park with benches and a fence and trees
    195
    Today

    5500 S. Shore Dr., Chicago, IL 60637
    STUDIO $1,152+
    1 BED $1,298+
  • a living room with a couch and a ceiling fan
    237
    Today

    5254 S. Dorchester Ave., Chicago, IL 60615
    STUDIO $1,149+
    1 BED $1,199+
  • a living room with a blue couch and a coffee table
    410
    Today

    869 W. Buena Ave., Chicago, IL 60613
    STUDIO $1,094+
    1 BED $1,250+
  • a living room with a couch and a tv
    180
    Today

    434 W. Wellington Ave., Chicago, IL 60657
    STUDIO $1,254+
  • a row of houses in front of a blue sky
    542
    Today

    5214 S. Woodlawn Ave., Chicago, IL 60615
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • an empty living room with a ceiling fan and a closet
    241
    Today

    5240 N. Sheridan Rd., Chicago, IL 60640
    STUDIO $1,175+
    1 BED $1,289+
  • a living room with glass walls and a table and chairs
    517
    Today

    2970 N Sheridan Road, Chicago, IL 60657
    STUDIO $1,126+
    1 BED $1,358
  • a living room with a leather couch and a ceiling fan
    70
    Today

    1604-08 W. Berteau/4200-06 N. Ashland Ave., Chicago, IL 60613
    STUDIO $1,295
  • a living room with a couch and a table and a kitchen with a refrigerator
    145
    Today

    639-55 W. Grace St., Chicago, IL 60613
    STUDIO $1,390+
  • a living room with a couch and a ceiling fan
    77
    Today

    4435-43 N. Greenview, Chicago, IL 60640
    STUDIO Ask for Pricing
  • a living room with a blue couch and a table
    78
    Today

    640 W. Sheridan Rd., Chicago, IL 60613
    STUDIO $1,365
  • a kitchen with a stove and a sink
    83
    Today

    6124 N. Winthrop Ave., Chicago, IL 60660
    STUDIO Ask for Pricing
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You viewed 128 of 616 rentals.

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Getting around in Chicago, IL

86 /100
Very Walkable
65 /100
Good Transit
64 /100
Bikeable
Walk Score®: 86, Transit Score®: 65, Bike Score®: 64

Frequently asked questions

When were prices and availability in Chicago, IL last updated?

Prices and availability in Chicago, IL were last updated on 18 Nov 2025.

What are the best apartments in Chicago, IL?

The best apartments in Chicago, IL are: The Montrose, Presidential Towers, North Harbor Tower, Shoreham and Tides 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 26% of Chicago’s rentals, 67% are small-scale complexes with under 50 units, and 6% are single-family rentals.

Apartments in Chicago, IL under $200

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $200?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 4 apartments for rent in Chicago, IL on which you’ll spend less than $200. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $200

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $200. The average rental size in Chicago, IL is 700 Sqft, but the $200 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!