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Apartments for Rent in Illinois under $400 – 23 Rentals available

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Illinois Demographics

  • Total Population12,823,102
  • Female 6,296,686
    Male 6,526,416
  • Median Age42

Average Rent in Illinois

  • Illinois Average Rental Price, January 2021 $1,530 /mo

Illinois Apartment Rent Ranges

  • $501-$7002%
  • $701-$1,00015%
  • $1,001-$1,50044%
  • $1,501-$2,00023%
  • > $2,00016%

Illinois Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Jan / 2021
Illinois $1,466 $1,469 $1,524 $1,534 $1,587 $1,578 $1,576 $1,569 $1,530
National $1,381 $1,418 $1,428 $1,432 $1,468 $1,475 $1,477 $1,464 $1,462
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Illinois Households

  • Total Number of Households4,830,714
  • Family 3,117,823
    Non-family 1,712,891
  • Children 1,496,013
    No Children 3,334,701
  • Average People Per Household2.5
  • Median Household Income$58,252
  • Median Housing Costs Per Month$772

Illinois Education Statistics

  • No High School5%
  • Some High School37%
  • Some College28%
  • Associate Degree9%
  • Bachelor Degree22%

Apartments in Illinois under $400

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $400?” 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 23 apartments for rent in Illinois on which you’ll spend less than $400. 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 $400

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 $400. The average rental size in Illinois is 596 Sq.Ft., but the $400 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!