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Studio Apartments for Rent in Downtown Chicago, Chicago, IL
89 Rentals Available

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    1212 S Michigan Ave, Chicago, IL 60605
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    • Studio
    • $1,563+
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    1130 South Michigan Avenue, CHICAGO, IL 60605
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    • Studio
    • $1,609+
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    55 East Washington St, Chicago, IL 60602
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    60 East Randolph Street, Chicago, IL 60601
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    601 W Jackson Blvd, Chicago, IL 60661
    7 Units available
    • Studio
    • $1,870+
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    353 N. Desplaines St, Chicago, IL 60661
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    • Studio
    • $1,822+
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    330 S Wells St, Chicago, IL 60606
    2 Units available
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  • Today

    225 N. Columbus Drive, Chicago, IL 60601
    10 Units available
    • Studio
    • $1,881+
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    637 N Wells, Chicago, IL 60654
    9 Units available
    • Studio
    • $1,845+
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    619 S. Lasalle St., Chicago, IL 60605
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    • Studio
    • $1,595
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    205 S Peoria St, Chicago, IL 60607
    8 Units available
    • Studio
    • $2,060+
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    730 W. Couch Place, Chicago, IL 60661
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    • Studio
    • $1,891+
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    500 North Lake Shore Drive, Chicago, IL 60611
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    • Studio
    • $2,050+
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    25 W Randolph St, Chicago, IL 60601
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    • Studio
    • $1,658+
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    676 N. Lasalle St., Chicago, IL 60654
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    • Studio
    • $1,780
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    311 West Illinois Street, Chicago, IL 60654
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    • Studio
    • $1,897+
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    555 West Madison, Chicago, IL 60661
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    • Studio
    • $1,355+
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    545 N. Mcclurg Ct, Chicago, IL 60611
    8 Units available
    • Studio
    • $1,880+
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    1140 S Wabash, Chicago, IL 60605
    15 Units available
    • Studio
    • $1,495+
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    445 E. Illinois, Chicago, IL 60611
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    233 East Wacker Drive, Chicago, IL 60601
    3 Units available
    • Studio
    • $1,635+
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    77 West Huron, Chicago, IL 60654
    5 Units available
    • Studio
    • $1,650+
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    29 S. Lasalle, Chicago, IL 60603
    7 Units available
    • Studio
    • $1,898+
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    220 E. Illinois Street, Chicago, IL 60611
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    • Studio
    • $2,438+
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    175 N Harbor Drive, Chicago, IL 60601
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    • Studio
    • $1,520+

Frequently Asked Questions

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

The price range of a studio apartment is between $1,563 and $4,140. Search our studio apartments in Downtown Chicago, Chicago, IL.

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

The average Downtown Chicago, Chicago, IL studio apartment size is 153 sq. ft.

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

Studio apartments in Downtown Chicago, 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 Downtown Chicago, 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 RENTCafé apartments for rent in Downtown Chicago, Chicago, IL.

Downtown Chicago, Chicago, IL Demographics

  • Total Population22,790
  • Female 10,464
    Male 12,326
  • Median Age34

Average Rent in Downtown Chicago, Chicago, IL

  • Downtown Chicago, Chicago, IL Average Rental Price, December 2021 $2,358 /mo

Downtown Chicago, Chicago, IL Apartment Rent Ranges

Downtown Chicago, Chicago, IL Rent Trends

Average Rent Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Jul / 2021 Dec / 2021
Downtown Chicago, Chicago, IL $2,149 $2,165 $2,279 $2,217 $2,204 $2,157 $2,017 $2,065 $2,285 $2,358
National $1,340 $1,344 $1,376 $1,384 $1,387 $1,379 $1,383 $1,393 $1,476 $1,572

Downtown Chicago, Chicago, IL Households

  • Total Number of Households11,947
  • Family 4,637
    Non-family 7,310
  • Children 1,241
    No Children 10,706
  • Average People Per Household1.74
  • Median Household Income$107,275
  • Median Housing Costs Per Month$2,240

Downtown Chicago, Chicago, IL Education Statistics

Renting a studio apartment in Downtown Chicago, Chicago, IL

Looking to find an efficiency apartment in Downtown Chicago, Chicago, IL? You’re not the only one. Studio apartments are one of the most searched types of rental housing in Downtown Chicago, Chicago, IL. They give you the advantage of living in a trendy neighborhood close to work, shopping, dining, entertainment and public transportation while keeping your rent expense at a minimum. In Downtown Chicago, Chicago, IL you have no less than 25 properties to choose from, offering a total of 104 small apartments. The average rent in Downtown Chicago, Chicago, IL is currently $2,509, but if you want to spend as little as possible, affordable single bedroom apartments go for as low as $1,138 per month.

Efficiency apartment vs bachelor flat: which one is right for you?

Cheap studios and efficiency apartments normally have the kitchen in the main room, which is a major discouraging factor for renters… But don’t let this scare you away: there are always some exceptions that prove the rule, and it’s worth locating them in Downtown Chicago, Chicago, IL too. Some newer apartment buildings have very spacious floor-plans with layouts that allow you to divide the sleeping and living space for more privacy and comfort. A few design tricks, like a well-placed mirror, a bookshelf divider and functional space-saving furniture can make all the difference. As a benchmark, keep in mind that, in this neighborhood, apartments offer about 955 Sq.Ft. of living space, on average. Be prepared that bachelor flats with a separate kitchen tend to be a bit more expensive than your average one room apartment. If you plan on cooking and eating in a lot, it may be worth spending the extra dollars per month to have your kitchen separate from your bedroom/living area. It all comes down to finding a studio apartment that fits your lifestyle and your personal preferences.

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