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4344 S Ellis Ave
(312) 757-1686
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1352-58 W. Early/1333-41 Ardmore
(847) 496-0877
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5125 W Madison St
(312) 210-8930
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5952-58 W Superior
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5957 W Madison St
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3524 Marshfield
(872) 207-0654
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1860 S Komensky Ave
(312) 210-8930
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702 N Waller Ave
(312) 210-8930
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2100 S Kildare Ave
(312) 210-8930
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1236-40 S Lawndale Ave
(312) 210-8930
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801-05 E Drexel Square
(312) 210-8930
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5049 S. Drexel Boulevard
(312) 313-4050
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5120 S. Hyde Park Boulevard
(312) 313-4050
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6236 S Artesian Ave
(312) 210-8930
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Private Room in Bright Wicker Park House Near Blue Line
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Private Bedroom in Classic Wrigleyville Apartment One Block From the Lake
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Private Bedroom in Sunny Lakeview Home With Patio
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330 N Pine
(312) 210-8930
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4114 W Washington Blvd
(224) 328-2929
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6306 S Artesian
(312) 210-8930
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5948 W Superior
(312) 210-8930
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729 N Central
(312) 210-8930
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400-02 S Kilbourn Ave
(312) 210-8930
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6812 N Wayne Ave
(773) 698-6648
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Gorgeous Pilsen apartment near Pink Line
(707) 343-4870
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Private Bedroom in Beautiful Lincoln Park Home with Furnished Deck
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1145 N Austin Blvd
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320 N Mason Ave
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5504-12 S Wabash Ave
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Apartments Under $1,000 in Chicago, IL

1 of 686 Results
49
$956
PER
ROOM
The Flats East West
Deal
4.2
829 S Wabash Ave Chicago, IL
3 BR | Available Now
Contact
Furnished
Student
Air Conditioning
Fitness Center
Dishwasher
6
$900
4344 S Ellis Ave
Chicago, IL
Studio | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Storage
Disability Access
14
$1,000
1352-58 W. Early/1333-41 Ardmore
2528 W Fitch Ave Chicago, IL
Studio | Jun. 1, 2023
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
10
$925
5125 W Madison St
5125 W Madison St Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Austin
10
$870
5952-58 W Superior
5952 W Superior Chicago, IL
Studio | Available Now
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Austin
12
$905
5957 W Madison St
5957 W Madison St Chicago, IL
Studio | Available Now
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Covered Parking
Austin
16
$945 - 995
3524 Marshfield
3524 N Marshfield Ave Chicago, IL
Studio | May. 1, 2023
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Dog Friendly
Cat Friendly
Surface Parking
Dishwasher
Lakeview
8
$930
1860 S Komensky Ave
1860 S Komensky Ave Chicago, IL
1 BR | Available Now
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North Lawndale
5
$775
702 N Waller Ave
702 N Waller Ave Chicago, IL
Studio | Available Now
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Austin
6
$945
2100 S Kildare Ave
2100 S Kildare Ave Chicago, IL
1 BR | Available Now
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North Lawndale
11
$930
1236-40 S Lawndale Ave
1236 S Lawndale Ave Chicago, IL
1 BR | Mar. 31, 2023
Contact
North Lawndale
8
$790
801-05 E Drexel Square
801 E Drexel Square Chicago, IL
Studio | Available Now
Contact
Balcony, Deck, Patio
Hyde Park
7
$1,000
5049 S. Drexel Boulevard
2.8
5049 S. Drexel Ave Chicago, IL
Studio | Jun. 19, 2023
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Dog Friendly
Cat Friendly
Fireplace
Hyde Park
6
$875
5120 S. Hyde Park Boulevard
4.0
5120 S. Hyde Park Boulevard Chicago, IL
Studio | Available Now
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Dog Friendly
Cat Friendly
Fireplace
Hyde Park
7
$980
6236 S Artesian Ave
6236 S Artesian Ave Chicago, IL
2 BR | Available Now
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Chicago Lawn
10
3D Tour
$915 - 920
PER
ROOM
Private Room in Bright Wicker Park House Near Blue Line
Deal
1638 W Blackhawk St Chicago, IL
1 BR | Available Now
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Heat Included
House
In Unit Laundry
Dishwasher
Wicker Park
11
3D Tour
$795
PER
ROOM
Private Bedroom in Classic Wrigleyville Apartment One Block From the Lake
Deal
4008 N Clarendon Ave Chicago, IL
1 BR | Available Now
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Heat Included
Virtual Tour
In Unit Laundry
Uptown
10
3D Tour
$750 - 835
PER
ROOM
Private Bedroom in Sunny Lakeview Home With Patio
Deal
1452 W School St Chicago, IL
1 BR | Available Now
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Heat Included
Virtual Tour
In Unit Laundry
Dishwasher
Lakeview
16
$995
330 N Pine
330 N Pine Chicago, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Austin
6
$825 - 900
4114 W Washington Blvd
4114 W Washington Blvd Chicago, IL
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
In Unit Laundry
Garfield Park
5
$770 - 800
6306 S Artesian
6306 S Artesian Chicago, IL
1 BR | Available Now
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Chicago Lawn
7
$750
5948 W Superior
5948 W Superior Chicago, IL
Studio | Available Now
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Austin
7
$995
729 N Central
729 N Central Chicago, IL
1 BR | Available Now
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Austin
10
$895
400-02 S Kilbourn Ave
400 S Kilbourn Ave Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Garfield Park
6
$999
6812 N Wayne Ave
Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Dishwasher
Rogers Park
17
3D Tour
$695
PER
ROOM
Gorgeous Pilsen apartment near Pink Line
Deal
2135 W 19Th St Chicago, IL
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Virtual Tour
In Unit Laundry
14
3D Tour
$785 - 940
PER
ROOM
Private Bedroom in Beautiful Lincoln Park Home with Furnished Deck
Deal
2230 N Kenmore Ave Chicago, IL
1 BR | Available Now
Contact
Heat Included
Virtual Tour
In Unit Laundry
Dishwasher
Sheffield & DePaul
6
$860
1145 N Austin Blvd
1145 N Austin Blvd Chicago, IL
Studio | Available Now
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Austin
4
$800
320 N Mason Ave
320 N Mason Ave Chicago, IL
Studio | Available Now
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Austin
6
$1,000
5504-12 S Wabash Ave
5504 S Wabash Ave Chicago, IL
2 BR | Available Now
Contact
Washington Park
1 - 30 of 686 Results
  1. Home
  2. Chicago
  3. Apartments Under $1,000

How much does it cost to rent an apartment in Chicago?

Chicago Apartments
Bed Type Average Rent Range
Studio $1,300 $800 - $2,300
1BR $1,890 $910 - $3,010
2BR $2,130 $1,000 - $4,390
3BR $2,600 $1,170 - $7,000
4+BR $3,240 $1,300 - $14,490
Frequently Asked Questions

How many apartments are available in Chicago, IL on Rentable.co?

Rentable.co has over 178,969 apartments available in Chicago.

What is the average rent for a studio apartment in Chicago, IL?

The average rent for a studio apartment in Chicago is around $1,300 per month.

What is the average rent for a one-bedroom apartment in Chicago, IL?

The average rent for a one-bedroom apartment in Chicago is around $1,890 per month.

What is the average rent for a two-bedroom apartment in Chicago, IL?

The average rent for a two-bedroom apartment in Chicago is around $2,130 per month.

How expensive is living in Chicago, IL?

Based on average rent prices in Chicago, to afford a studio apartment you would need an annual salary of $52,000 to live comfortably.

How many apartments under $1,000 are available in Chicago, IL on Rentable.co?

Rentable.co has 686 apartments under $1,000 available for rent in Chicago.

Which neighborhoods have the most apartments under $1,000 for rent in Chicago, IL?

  1. South Shore
  2. Chatham
  3. Austin
  4. Auburn Gresham
  5. Rogers Park

Asset 2
Apartments by Bedrooms
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4 Bedroom Apartments
Studio Apartments
Apartments by Affordability
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Apartments Under $500
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Apartments Under $900
Apartments Under $1,000
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Chicago:
March Rent Report

Welcome to the March 2023 Chicago Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2023 key findings and figures for the Chicago rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Chicago and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Chicago average rent prices in the chart below.

Monthly Rent Report

Chicago Rent Prices Increase From February to March

Chicago rent prices increased over the last month. From February to March, the city experienced a 0.87% increase for the price of a one-bedroom apartment. The rent price for a Chicago one-bedroom apartments currently stands at $1,850.0.

When we take a look at the two-bedroom comparison from February to March, Chicago experienced a -0.55% decrease for the price of a two-bedroom apartment. The rent price for a Chicago two-bedroom apartments currently stands at $2,154.0.

March Prices: Chicago vs. Surrounding Areas

Rent Prices in Chicago and Surrounding Areas

Rent prices have increased in Chicago over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Chicago suburb increased last month. On the other hand, 6 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Oak Park, IL .

  • Rent decreased in Evanston, IL, Lombard, IL, Naperville, IL, Arlington Heights, IL, Downers Grove, IL, Schaumburg, IL.

  • 7 suburbs are currently priced lower than the city of Chicago.

March 2023 Pricing Trends: Chicago vs. National Comparisons

Chicago Rent Prices More Affordable Than Major Cities

Rent growth in Chicago over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Chicago average rent prices appear to be relatively affordable for local residents.

The price for a Chicago one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Chicago and surrounding area rent prices, take a look at the complete data set below.

Data set for Chicago and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
Chicago, IL $1,834.0 1.83% $2,166.0 0.84%
Evanston, IL $1,466.0 -4.93% $1,759.0 -0.73%
Lombard, IL $1,703.0 -1.62% $2,416.0 -2.03%
Naperville, IL $1,501.0 -0.33% $1,858.0 -1.85%
Arlington Heights, IL $1,399.0 -1.62% $1,628.0 -1.75%
Oak Park, IL $1,218.0 0.66% $1,673.0 -3.18%
Downers Grove, IL $1,582.0 -0.06% $1,672.0 -0.42%
Schaumburg, IL $1,577.0 -4.08% $1,946.0 0.31%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.