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Apartments for Rent in Chicago, IL under $500

Apartments for Rent in Chicago, IL under $500. 9 Rentals Available
9 Rentals Available
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  • an aerial view of a red brick building on a street
    Only 1 unit left
    Studio $300
    Base rent
    Verified Listing

    4.5 (1)
    2237-2239 E 81St St, Chicago, IL 60617
    Apply online
  • a kitchen with white appliances and wooden cabinets
    4 units available
    Ask for Pricing
    Income restricted
    Verified Listing

    4.0 (6)
    15 E 112Th Pl, Chicago, IL 60628
    Apply online
  • a living room with a leather couch and a television
    Ask for pricing
    Verified Listing

    739 N Ada St, Chicago, IL 60642
    Apply online • Cat friendly
  • a kitchen with white cabinets and stainless steel appliances
    Rent specials
    Ask for pricing
    Verified Listing

    1727-29 N. Halsted St., Chicago, IL 60614
  • A logo for Green Street Property Management.
    Studio $200
    Base rent
    Verified Listing

    5.0 (1)
    1722 W Hastings, CHICAGO, IL 60608
    Pet friendly
  • A large, old building with a red gate in front.
    4 bd $225+
    Base rent
    Verified Listing

    1233 N. Hoyne Ave., Chicago, IL 60622
    Cat friendly
6-0-city
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Frequently asked questions

What are the best apartments in Chicago, IL?
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 27% of Chicago's rentals, 66% are small-scale complexes with under 50 units, and 6% are single-family rentals.