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Coast At Lakeshore East
(844) 308-9563
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Times Square
(833) 830-4915
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Rockwell Manor
(877) 673-2575
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Lake Meadows Apartments
(833) 620-0698
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Echelon Chicago
(312) 441-0500
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West77
(312) 280-7561
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Emerald Towers
(312) 736-0707
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2251 S Michigan Ave
(773) 993-1982
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Sheridan Tower
(833) 240-7600
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2 E. Oak St.
(312) 720-3404
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1405-07 W. Belden / 2258 N. Southport
(773) 906-8190
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2231 W 21St Pl
(312) 624-9766
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Century Tower
(833) 271-6211
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Parc Huron
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Wolcott Terrace
(773) 529-7200
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155 W. Burton Pl.
(773) 281-5252
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2719 W. 24th Street
(847) 324-8951
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1405-07 Belden W/ 2258 Southport N
(773) 549-5443
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2 E. Oak St.
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929 W 35Th Place Not 35Th St
(773) 871-1818
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211 E. Ohio St
(773) 281-5252
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7104 S Crandon Ave, Unit 206
(847) 626-0500
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Homan Square Apartments Phase Vi
(773) 989-8000
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3330 W Hutchinson St
(312) 779-6637
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1700 N Melvina Ave
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Renaissance West Apartment
(773) 862-2500
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3660 N. Lake Shore Dr
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Apartments Under $600 in Chicago, IL

1 of 28 Results
32
$ Ask - 2,883
Catalyst Apartments
123 North Des Plaines Street Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
34
$ Ask - 5,934
Coast At Lakeshore East
345 E Wacker Dr Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
9
$ Ask - 1,329
Times Square
869 W. Buena Ave. Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
In Unit Laundry
16
$ Ask - 1,280
Rockwell Manor
2600 W. Montrose/4400-14 N. Rockwell St. Chicago, IL
1 BR | Available Now
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Cat Friendly
Dishwasher
United Center
19
$ Ask - 1,558
Lake Meadows Apartments
500 East 33rd Street Chicago, IL
1 BR | Mar. 31, 2023
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Storage
19
$ Ask - 3,901
Echelon Chicago
353 Desplaines St N Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
16
$ Ask - 3,770
West77
77 Huron West Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
6
$570
Emerald Towers
4541 Sheridan Rd N Chicago, IL
Studio | Available Now
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Dishwasher
Uptown
7
$400
2251 S Michigan Ave
Chicago, IL
Studio | Available Now
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Cat Friendly
Air Conditioning
Disability Access
Near South Side
13
$ Ask - 1,379
Sheridan Tower
5650 N Sheridan Rd Chicago, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Balcony, Deck, Patio
8
$ Ask - 2,295
2 E. Oak St.
Chicago, IL
1 BR | Available Now
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Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Fitness Center
Dishwasher
31
$235
1405-07 W. Belden / 2258 N. Southport
1405-07 W. Belden / 2258 N. Southport Chicago, IL
1 BR | May. 1, 2023
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Dog Friendly
Cat Friendly
Dishwasher
Lincoln Park
1
$100
2231 W 21St Pl
Chicago, IL
Studio | Available Now
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Balcony, Deck, Patio
Dishwasher
Lower West Side
17
$ Ask - 2,575
Century Tower
182 Lake Street W Chicago, IL
Studio - 2 BR | Available Now
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Dog Friendly
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Air Conditioning
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17
$ Ask - 4,441
Parc Huron
469 Huron Street West Chicago, IL
1 - 3 BR | Available Now
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Dog Friendly
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Air Conditioning
Balcony, Deck, Patio
Fitness Center
9
$ Ask - 1,360
Wolcott Terrace
5017 Wolcott Ave N Chicago, IL
Studio - 1 BR | Available Now
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Dog Friendly
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Fitness Center
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Lincoln Square
1
$ Ask - 5,000
155 W. Burton Pl.
Chicago, IL
5 BR | Available Now
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Dog Friendly
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$500
2719 W. 24th Street
2719 W 24Th St Chicago, IL
1 BR | Available Now
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Little Village
31
$235
1405-07 Belden W/ 2258 Southport N
Chicago, IL
5 BR | May. 1, 2023
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Cat Friendly
In Unit Laundry
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Lincoln Park
$ Ask - 1,995
2 E. Oak St.
Chicago, IL
Studio - 1 BR | Available Now
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Dog Friendly
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Fitness Center
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Pool
1
$395
929 W 35Th Place Not 35Th St
Chicago, IL
Studio | May. 1, 2023
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Air Conditioning
Storage
Disability Access
$ Ask - 2,895
211 E. Ohio St
Chicago, IL
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Fitness Center
Storage
5
$575
7104 S Crandon Ave, Unit 206
Chicago, IL
Studio | Available Now
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South Shore
$545
Homan Square Apartments Phase Vi
3608 W Arthington Chicago, IL
1 BR | Available Now
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Air Conditioning
In Unit Laundry
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Garfield Park
1
$150
3330 W Hutchinson St
Chicago, IL
Studio | Available Now
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Dog Friendly
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In Unit Laundry
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Irving Park
2
$295
1700 N Melvina Ave
Chicago, IL
3 BR | Ask for Availability
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Galewood
$250
Renaissance West Apartment
2517 W Fullerton Avenue Chicago, IL
1 BR | Ask for Availability
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Cat Friendly
Income Restricted
Section 8
Air Conditioning
Logan Square
$ Ask - 1,995
3660 N. Lake Shore Dr
Chicago, IL
Studio - 1 BR | Available Now
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Dog Friendly
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Balcony, Deck, Patio
Lakeview
1 - 28 of 28 Results
  1. Home
  2. Chicago
  3. Apartments Under $600

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

Chicago Apartments
Bed Type Average Rent Range
Studio $1,300 $800 - $2,330
1BR $1,900 $900 - $3,030
2BR $2,160 $1,000 - $4,400
3BR $2,640 $1,180 - $7,050
4+BR $3,250 $1,250 - $14,490
Frequently Asked Questions

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

Rentable.co has over 178,363 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 $1,900 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 $2,160 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 $600 are available in Chicago, IL on Rentable.co?

Rentable.co has 28 apartments under $600 available for rent in Chicago.

Which neighborhoods have the most apartments under $600 for rent in Chicago, IL?

  1. Lincoln Park
  2. River North
  3. Hyde Park
  4. The Loop
  5. Albany Park

Asset 2
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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.