Studio Apartments for Rent in Chicago, IL: from $767

Q: What are the downsides of renting a studio apartment in Chicago, IL?

1 bedroom apartments are usually more expensive than studio apartments in terms of rent and utility costs. You might be interested in 1 bedroom apartments , 2 bedroom apartments or 3 bedroom apartments , or browse all RentCafe apartments for rent in Chicago, IL .

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Average rent in Chicago, IL

$2,215/mo Chicago, IL average rental price, February 2023

Apartments in Chicago, IL rent for $2,215 per month, on average.

Chicago, IL apartment rent ranges

1% of apartments in Chicago, IL are priced between $501-$700. About 6% charge rents in the $701-$1,000 range. Approximately 20% of Chicago’s apartment rentals are priced between $1,001-$1,500. Meanwhile, 22% of apartments are in the most expensive $1,501-$2,000 range.

Chicago, IL rent trends

Check out the average rent prices in Chicago by neighborhood.

The average monthly rent in Chicago, IL is around $2,215, while the national average rent is $1,702.

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

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

The price range of a studio apartment is between $550 and $10,000. Search our studio apartments in Chicago, IL.

How many studio apartments for rent are available in Chicago, IL on RentCafe?

There are 1811 studio rentals available on RentCafe. Prices and availability in Chicago, IL were last updated on 30 Mar 2023.

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

The average Chicago, IL studio apartment size is 263 sq. ft.

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

Studio apartments in Chicago, IL tend to be more affordable than other apartments and they have lower utility costs.

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

One of the downsides of living in a studio apartment is the limited storage space. You might be interested in 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RentCafe apartments for rent in Chicago, IL.

Chicago, IL demographics

2,742,119Total Population
1,404,160 Female

1,337,959 Male
35.1Median Age

The total population of Chicago, IL is 2,742,119, of which 1,337,959 are men and 1,404,160 are women, according to the most recent U.S. Census Bureau estimates. The residents of Chicago have a median age of 35.1.

Chicago, IL households

574,825 Family

537,756 Non-family
279,359 Children

833,222 No Children

1,112,581Total Number of Households
2.41Average People Per Household
$65,781Median Household Income

A total of 1,112,581 households live in Chicago, IL, of which 574,825 are family households and 537,756 are non-family households, per U.S. Census estimates. Of these, approximately 279,359 households have children and 833,222 households do not have children. The average size of a household in Chicago, IL is 2.41. The median household income in Chicago is $65,781 annually, with $1,348 per month going towards housing.

Chicago, IL education statistics

According to Census data, 6% of the population in Chicago, IL have no high school education, 29% went to high school, 20% have some college education, 6% earned an Associate Degree, 23% earned a Bachelor Degree, and 16% earned a Graduate Degree.

Look for studio apartments near me

Are you looking to land a small but cool studio apartment near you? Is an unbeatable location more important to you than lots of space? You can now browse through all available RentCafe listings, to find the perfect studio apartment near you, in your favorite neighborhood, ZIP code, or in another city or state in the U.S. wherever life takes you. Check the ratings and reviews of properties with studio apartments, filter them based on your criteria, and find the one that suits your needs.

Compare the size, price and location, as well as amenities, both inside and outside the apartment. Whether you are looking for a more modern studio near you, or one in a charming old building, or maybe you want to be close to a certain park, the downtown area of your city, or near family or friends, RentCafe allows you to find the best fit for you - so, let's find your new home!

Renting a studio apartment in Chicago, IL

Finding an affordable home is definitely not an easy task nowadays, especially if you’re new to the market. When looking for a budget-friendly small apartment, you should decide on the non-negotiables and look for a home that meets your needs. On average, a studio apartment’s size in Chicago, IL is 905 Sqft, which is convenient for a young professional, recent graduate, student or for someone who prefers not to spend more than necessary on a monthly rent. A cheap studio can be rented starting from $767, so your next step is to make up your mind regarding the layout of your future nest: do you want a one room apartment, with kitchen in the main room, or a bachelor flat with a separate kitchen? Hard to decide. Now you have 979 small apartments are in Chicago, IL to choose from that will help you make a decision, with an average rent of $2,264.

The perks of renting an efficiency apartment

They say renting is like dating- you should not expect absolute perfection from a rental home, but you should love the things that make it uniquely yours. If you’re interested in an efficiency apartment in Chicago, IL, we are confident that you will find a great place that complements your lifestyle. Having a small apartment comes with a series of advantages that their larger companions lack. A studio apartment is easier to keep clean and it’s always less cluttered, because there is no room for unnecessary stuff. If single bedroom apartments and small apartments is what you’re after, you are more likely to afford living in the hip parts of the town, within walking or biking distance from entertainment and shopping. You will also notice significant savings year after year. Pick your price limit and square footage and browse through our 484 listings in Chicago, IL and we promise you won’t be disappointed.

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

Studio Apartments for Rent in Chicago, IL 979 Rentals Available

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