Apartments for Rent in Chicago, IL under $700 – 37 Rentals available
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741-53 E 79Th St, Chicago, IL 60619$620 - $650
- Studio
- 1 Bath
Available Today! Last updated 18 Jun 2021 -
1236 E. 46Th Street, Chicago, IL 60653$550 - $725
- Studio-1 Bed
- 1 Bath
Available Today! Last updated 18 Jun 2021 -
5630-5638 South Michigan, Chicago, IL 60637$650 - $750
- 2 Beds
- 1 Bath
Available Today! Last updated 18 Jun 2021 -
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5455 South Blackstone Avenue, Chicago, IL 60615See current rent specials$695 - $855
- Studio
- 1 Bath
Last updated 18 Jun 2021 -
6800 S. Normal Avenue, Chicago, IL 60621$430 - $800
- Studio-2 Beds
- 1 Bath
Last updated 18 Jun 2021 -
7505 S. Calumet Avenue, Chicago, IL 60619$700
- Studio-1 Bed
- 1 Bath
Last updated 18 Jun 2021 -
4755 N. Sawyer, Chicago, IL 60625$675
- Studio
- 1 Bath
Last updated 18 Jun 2021 -
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10339 S. Hale, Chicago, IL 60643$600 - $650
- Studio
JB Properties LLC - Crest Capital ManagementLast updated 17 Jun 2021 -
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Popular Neighborhoods
Chicago, IL Demographics
- Total Population2,709,534
-
Female 1,317,791Male 1,391,743
- Median Age34.6
Average Rent in Chicago, IL
- Chicago, IL Average Rental Price, May 2021 $1,908 /mo
Chicago, IL Apartment Rent Ranges
- $501-$7001%
- $701-$1,00011%
- $1,001-$1,50028%
- $1,501-$2,00025%
- > $2,00035%
Chicago, IL Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | May / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Chicago, IL | $1,815 | $1,896 | $1,897 | $1,910 | $1,998 | $1,950 | $1,967 | $1,918 | $1,794 | $1,862 | $1,908 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 | $1,428 |
Chicago, IL Households
- Total Number of Households1,066,829
-
Family 566,804Non-family 500,025
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Children 280,365No Children 786,464
- Average People Per Household2.48
- Median Household Income$58,247
- Median Housing Costs Per Month$1,241
Chicago, IL Education Statistics
- No High School7%
- Some High School31%
- Some College20%
- Associate Degree6%
- Bachelor Degree23%
- Graduate Degree14%
Apartments in Chicago, IL under $700
Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $700?” 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 37 apartments for rent in Chicago, IL on which you’ll spend less than $700. 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 $700
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 $700. The average rental size in Chicago, IL is 580 Sq.Ft., but the $700 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.