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Apartments for Rent in Chicago, IL under $800

37 Rentals Available
  • Today

    4536-40 N Magnolia Ave, Chicago, IL 60640
    Income Restricted
    STUDIO $382+
    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
  • Today

    1948-54 W. Berteau Ave. & 4201-03 N. Damen Ave., Chicago, IL 60618
    1 BED Ask for Pricing
  • Today

    5713-15 N. Kenmore Ave., Chicago, IL 60660
    2 BEDS Ask for Pricing
  • Today

    4338 N Milwaukee Ave, Chicago, IL 60641
    STUDIO Ask for Pricing
  • Today

    1241 Loyola Avenue, Chicago, IL 60626
    STUDIO Ask for Pricing
  • Today

    4536-40 N Magnolia Ave, Chicago, IL 60640
    Income Restricted
    STUDIO $382+
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  • Today

    3622 N. Marshfield Ave., Chicago, IL 60613
    1 BED Ask for Pricing
  • Today

    8352 S Ellis Ave, Chicago, IL 60619
    STUDIO Ask for Pricing
  • Today

    6822 S WOOD ST, CHICAGO, IL 60636
    2 BEDS $800
  • Today

    2237-2239 E 81St St, Chicago, IL 60617
    STUDIO $300
  • Today

    1233 N. Hoyne Ave., Chicago, IL 60622
    4 BEDS $225+
  • Today

    3859 South Vincennes Avenue, Chicago, IL 60653
    1 BED Ask for Pricing
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  • Today

    3859 South Vincennes Avenue, Chicago, IL 60653
    4 BEDS Ask for Pricing
  • Today

    3859 South Vincennes Avenue, Chicago, IL 60653
    1 BED Ask for Pricing
  • Today

    8920 S. Loomis, Chicago, IL 60020
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Today

    8201-07 S. Vernon, Chicago, IL 60619
    1 BED $725+
  • Today

    6800 S. Normal Avenue, Chicago, IL 60621
    Income Restricted
    STUDIO $650
    2 BEDS $650+
    3 BEDS $800
  • Today

    1722 W Hastings, CHICAGO, IL 60608
    STUDIO $200
  • Today

    1527 N. Wicker Park Avenue, Chicago, IL 60622
    Income Restricted
    STUDIO Ask for Pricing
  • Today

    6221 S. Vernon Avenue, Chicago, IL 60637
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • 1 day ago

    7104 S Crandon Ave., Chicago, IL 60649
    STUDIO $610
20-0-city
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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 17 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!