Cheap Apartments in Chicago, IL

This month, the typical cost to rent a one-bedroom apartment in Chicago stands at $1,950, with the majority falling between $1,100 and $3,200. Out of the 23,289 one-bedroom apartments currently on the market in Chicago, 19 are priced below $400, accounting for 0% of the total available one-bedroom units in Chicago.

In August 2026, Rentable's apartment search data shows the number of available cheap apartments in Chicago, IL and the surrounding cities. The chart includes information on the available inventory in Glen Ellyn, Glencoe, Bellwood, Glendale Heights, Glenview, Glenwood, Schaumburg, Bensenville, Schiller Park, Berkeley, East Hazel Crest, Niles, Berwyn, Justice, Chicago Heights, Chicago Ridge, Clarendon Hills, Bloomingdale, North Riverside, Northbrook, Vernon Hills, Blue Island, Prospect Heights, Elk Grove Village, Northlake, Matteson, Kildeer, Oak Brook, Oak Forest, Bolingbrook, Villa Park, Oak Lawn, Maywood, Oak Park, Oakbrook Terrace, Elmhurst, Skokie, Elmwood Park, La Grange, La Grange Park, Addison, Melrose Park, Hanover Park, Lake Bluff, Lake Forest, Warrenville, Brookfield, Evanston, Evergreen Park, River Forest, Harvey, Riverside, Harwood Heights, Riverwoods, Orland Hills, Orland Park, Lemont, West Chicago, Buffalo Grove, Arlington Heights, Palatine, Westchester, Highland Park, Stickney, Rolling Meadows, Burr Ridge, Romeoville, Palos Heights, Westmont, Flossmoor, Hillside, Palos Hills, Palos Park, Darien, Hinsdale, Lincolnshire, Lincolnwood, Wheaton, Forest Park, Wheeling, Hoffman Estates, Roselle, Streamwood, Lisle, Morton Grove, Park Forest, Homer Glen, Park Ridge, Homewood, Deerfield, Lockport, Mount Prospect, Willowbrook, Wilmette, Lombard, Des Plaines, Long Grove, Winfield, Winnetka, Carol Stream, Dolton, Bartlett, Naperville, Woodridge, Downers Grove, Worth, Tinley Park, Itasca, Hammond, Whiting, Dyer, East Chicago, Munster, Schererville, Griffith, Hazel Crest, Hodgkins, Highland, Alsip, Midlothian, Calumet City, Englewood, Rosemont, Sauk Village, Summit, Indianapolis, Burbank, Riverdale, Cicero, Lansing, Highwood, and Calumet Park. Renters looking for affordable housing options in the Chicago metro area can find a wide selection of affordable apartments. The total inventory of cheap apartments in the metro area stands at 122. Renters can choose from a range of options that fit their budget and desired location.

City	Cheap Apartments in August	M/M % Change
Chicago, IL	118	+1.03%
Arlington Heights, IL	3	+1.0%
Naperville, IL	2	+1.0%
Glenview, IL	1	+1.0%
Elmwood Park, IL	1	+1.0%
Melrose Park, IL	1	+1.0%
Palatine, IL	1	+1.0%
Wheaton, IL	1	+1.0%
Wheeling, IL	1	+1.0%
Whiting, IN	1	+0.8%

Available cheap apartments	7,851
Top amenities	On Site Laundry, Refrigerator, Hardwood Floors, Range / Oven, Microwave
Deals	18
Pet friendly	183
Utilities included	48
Furnished	24
Studio	54
1 Bedroom	63
2 Bedroom	90