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Cheap Apartments for Rent in Downtown Chicago, Chicago, IL

171 Rentals Available
Apartments Under $1,000 Apartments Under $1,100 Apartments Under $1,300 Apartments Under $1,400 Apartments Under $1,500 Apartments Under $1,600

Apartments Under $1,000

  • A modern living room with a black couch and a white wall.
    243
    Today

    228 W Hill Street, Chicago, IL 60610
    STUDIO $919
    1 BED $903+
    2 BEDS $1,374
  • A modern living room with a long table and chairs.
    622
    Today

    2937 S. King Drive, Chicago, IL 60616
    STUDIO $963+
    1 BED $1,213+
    2 BEDS $1,500+

  • More Rentals Near Downtown Chicago, Chicago, IL

Apartments Under $1,100

  • a small kitchen with a stove and cabinets
    62
    Today

    7636-38 South Peoria Street, Chicago, IL 60620
    1 BED $1,000
    2 BEDS $1,300
    3 BEDS $1,300

Apartments Under $1,300

  • a kitchen with white cabinets and a stainless steel refrigerator
    23
    Today

    529-35 Michigan, Evanston, IL 606202
    1 BED $1,250
    2 BEDS $1,600

Apartments Under $1,400

  • 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
    2 BEDS Ask for Pricing

Apartments Under $1,500

  • a living room with a couch and a table and chairs
    154
    Today

    55 East Washington St, Chicago, IL 60602
    STUDIO $1,450
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing

Apartments Under $1,600

  • 1317 West 18Th Street Studio-2 Beds Apartment for Rent
    Today

    1317 West 18Th Street, Chicago, IL 60608
    STUDIO $3,250
    1 BED $1,500
    2 BEDS $1,600
  • A modern living room with a grey couch and a brown rug.
    27
    Today

    1140 N Lasalle Dr, Chicago, IL 60610
    STUDIO $1,512+
    1 BED $1,724+

  • More Rentals Near Downtown Chicago, Chicago, IL

  • a living room with a couch and a table
    45
    Today

    30 E. Roosevelt Rd, Chicago, IL 60605
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • the living room of an apartment with a couch and a table
    374
    Today

    555 West Madison, Chicago, IL 60661
    STUDIO $1,580+
    1 BED $1,795+
    2 BEDS $2,775+
  • a living room with a couch and a television
    167
    Today

    14 West Elm Street, Chicago, IL 60610
    STUDIO Ask for Pricing
    1 BED $1,600+
    2 BEDS Ask for Pricing
  • a living room with a gray couch and a mirror
    33
    Today

    1461 S Blue Island Ave, Chicago, IL 60608
    STUDIO $1,674
    1 BED $1,735
    2 BEDS $3,949

  • More Rentals Near Downtown Chicago, Chicago, IL

  • a small living room with a couch and a desk and a window
    14
    Today

    860 N Dewitt Pl, Chicago, IL 60611
    STUDIO $1,700+
    1 BED $2,287+
    2 BEDS $2,599
  • a living room with a couch and a table in front of windows
    73
    Today

    65 East Scott, Chicago, IL 60610
    STUDIO $1,715+
    1 BED $2,130+
    2 BEDS Ask for Pricing
  • a living room and kitchen with a couch and a table
    136
    Today

    1130 South Michigan Avenue, CHICAGO, IL 60605
    STUDIO $1,731+
    1 BED $2,194+
    2 BEDS $3,593+
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  • a living room with a couch and a table and a tv
    134
    Today

    441 E. Erie St., Chicago, IL 60611
    STUDIO $1,765+
    1 BED $2,360+
    2 BEDS $2,800+
  • A modern living room with a grey couch and a coffee table.
    9
    Today

    320 W Illinois St, Chicago, IL 60654
    STUDIO $1,766+
    1 BED $1,994+
    2 BEDS $3,395+
  • a living room filled with furniture and a chandelier
    26
    Today

    108 W Chicago Ave, Chicago, IL 60654
    STUDIO $1,785
    1 BED $2,055
  • a living room with a couch and a coffee table and large windows
    33
    Today

    63 E Lake Street, Chicago, IL 60601
    STUDIO $1,790
    1 BED $2,220
    2 BEDS $2,905
  • a living room with a couch and a table
    70
    Today

    1130 N Dearborn St, Chicago, IL 60610
    STUDIO $1,868+
    1 BED $2,287+
    2 BEDS $3,620+
  • Kitchen
    7
    Today

    21 E Chestnut St., Chicago, IL 60611
    STUDIO $1,955+
    1 BED $2,400+
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  • a living room with a couch and a table with chairs
    103
    Today

    717 S. Clark St., Chicago, IL 60605
    STUDIO $2,168+
    1 BED Ask for Pricing
    2 BEDS $3,115+
  • a living room with two chairs and a fireplace
    7
    Today

    221 W Hubbard Street, Chicago, IL 60654
    STUDIO $2,209+
    1 BED $2,855+
    2 BEDS $3,812+
  • an open kitchen with a fireplace and wooden floors
    21
    Today

    2008 S Wabash Ave, Chicago, IL 60616
    3 BEDS Ask for Pricing
  • A modern kitchen with a stainless steel refrigerator and grey cabinets.
    40
    Today

    710 W. 14Th St., Chicago, IL 60607
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
2-23-nhood
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Getting around in Downtown Chicago, IL

71 /100
Very Walkable
90 /100
Rider's Paradise
92 /100
Biker's Paradise
Walk Score®: 71, Transit Score®: 90, Bike Score®: 92

Frequently asked questions

What is the price of a cheap apartment in Downtown Chicago, Chicago, IL?

The price range of a cheap apartment is between $1,826 and $10,902.

How many cheap rentals are available in Downtown Chicago, Chicago, IL on RentCafe?

There are 1 cheap rentals available on RentCafe. Prices and availability in Downtown Chicago, Chicago, IL were last updated on 19 Nov 2025.

What is the average size of a cheap apartment in Downtown Chicago, Chicago, IL?

The average Downtown Chicago, Chicago, IL cheap apartment size is 622 sq. ft.

What are the advantages of renting a cheap apartment in Downtown Chicago, Chicago, IL?

Cheap apartments in Downtown Chicago, Chicago, IL are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Downtown Chicago, Chicago, IL?

A cheap apartment in Downtown Chicago, Chicago, IL offers little storage space and fewer amenities compared to other apartments.

Looking for a cheap apartment for rent in Downtown Chicago, Chicago, IL? With RentCafe, finding an affordable apartment in Downtown Chicago has never been easier. We feature 171 low-priced rentals directly from property managers, with rents lower than the Downtown Chicago, Chicago, IL average, which is currently $3,157. On RentCafe, Downtown Chicago rents go as low as $903/mo.

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