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Cheap Apartments for Rent in Downtown Chicago, Chicago, IL

Cheap Apartments for Rent in Downtown Chicago, Chicago, IL. 222 Rentals Available
222 Rentals Available
Apartments Under $1,000 Apartments Under $1,100 Apartments Under $1,200 Apartments Under $1,500 Apartments Under $1,600 Apartments Under $1,700

Apartments Under $1,000

  • Scattered Sites 2-3 Beds Apartment for Rent
    7 units available
    2 bd $951
    3 bd $1,189
    Base rent
    Verified Listing

    Scattered Sites, Chicago, IL 60647

Apartments Under $1,100

  • a living room with couches and chairs and a fireplace
    65 units available
    Studio $1,035+
    1 bd $1,347+
    2 bd $1,800+
    Base rent
    Verified Listing

    2937 S. King Drive, Chicago, IL 60616

Apartments Under $1,200

Apartments Under $1,500

  • a living room with a couch and a table and chairs
    5 units available
    Studio $1,495
    2 bd $2,895
    Base rent
    Verified Listing

    55 East Washington St, Chicago, IL 60602

Apartments Under $1,600

  • an empty living room with white walls and a wooden floor
    Studio $1,595
    Base rent
    Verified Listing

    1836-38 S. Halsted St., Chicago, IL 60608

Apartments Under $1,700

  • the living room of an apartment with a couch and a table
    Studio $1,620+
    1 bd $1,845+
    2 bd $2,985+
    Base rent
    Verified Listing

    555 West Madison, Chicago, IL 60661
    Washer/Dryer • Garage • High Speed Internet
  • a living room with a couch and a table
    Studio $1,675+
    1 bd $2,125+
    2 bd $3,625+
    Base rent
    Verified Listing

    320 W Illinois St., Chicago, IL 60654

  • More Rentals Near Downtown Chicago, Chicago, IL

  • a living room with a blue couch and chairs and a table
    Rent specials
    Studio $1,705+
    1 bd $1,815+
    2 bd $2,480+
    Base rent
    Verified Listing

    2 East 8Th St., Chicago, IL 60605
  • a living room and kitchen with a couch and a table
    Studio $1,706+
    1 bd $2,197+
    2 bd $3,516+
    Base rent
    Verified Listing

    1130 South Michigan Avenue, CHICAGO, IL 60605

  • More Rentals Near Downtown Chicago, Chicago, IL

  • a living room with a gray couch and a mirror
    Studio $1,725
    1 bd $1,885+
    2 bd $3,198
    Base rent
    Verified Listing

    1461 S Blue Island Ave, Chicago, IL 60608
  • a living room with a mirror and a wood floor
    Only 2 units left
    1 bd $1,741+
    Base rent
    Verified Listing

    660 - 678 N. Dearborn St., Chicago, IL 60654
  • a living room with a couch and a table
    8 units available
    Studio $1,750
    1 bd $1,900
    2 bd $2,300
    Base rent
    Verified Listing

    30 E. Roosevelt Rd, Chicago, IL 60605
  • a rendering of a living room with a couch and tables
    Studio $1,750
    1 bd $1,900
    2 bd $2,795
    Base rent
    Verified Listing

    2101 S Wabash Ave, Chicago, IL 60616
  • a living room filled with furniture and a chandelier
    Studio $1,757
    1 bd $2,054
    Base rent
    Verified Listing

    108 W Chicago Ave, Chicago, IL 60654
  • a living room with two couches and a tv on the wall
    14 units available
    Studio $1,768
    1 bd $2,138
    Base rent
    Verified Listing

    330 S Wells St, Chicago, IL 60606
  • a living room with a table and chairs and a large window
    12 units available
    Studio $1,804+
    1 bd $1,820+
    2 bd $3,347+
    Base rent
    Verified Listing

    233 East Wacker Drive, Chicago, IL 60601
  • a living room with a couch and a table and a tv
    Rent specials
    Studio $1,820+
    1 bd $2,220+
    2 bd $2,770+
    Base rent
    Verified Listing

    441 E. Erie St., Chicago, IL 60611
  • a living room with a view of the city and a blue couch and chair
    21 units available
    Studio $1,826+
    1 bd $2,338+
    2 bd $3,247+
    Base rent
    Verified Listing

    1140 S Wabash Ave, Chicago, IL 60605
  • a living room with blue walls and a couch and chairs
    1 bd $1,850+
    Base rent
    Verified Listing

    2101 S Wabash Ave, Chicago, IL 60616
  • a living room with a couch and a table and a large window
    Studio $1,865+
    1 bd $2,394+
    2 bd $3,259+
    Base rent
    Verified Listing

    801 S Financial Pl, Chicago, IL 60605
  • a living room with couches and a coffee table and a view of the city
    Studio $1,941+
    1 bd $2,091+
    Base rent
    Verified Listing

    1044 W Van Buren St., Chicago, IL 60607
  • a rendering of a living room with a dining table and a view of the city
    1 bd $2,195+
    2 bd $2,950
    Base rent
    Verified Listing

    200 N. Dearborn St., Chicago, IL 60601
  • a living room and kitchen with a green couch and blue chairs
    29 units available
    Studio $2,198+
    1 bd $2,715+
    2 bd $3,883+
    Base rent
    Verified Listing

    855 W. Madison St, Chicago, IL 60607
  • a living room with a white couch and a table
    Only 3 units left
    1 bd $3,596
    2 bd $3,731+
    Base rent
    Verified Listing

    120 North Green Street, Chicago, IL 60607
  • an open kitchen with a fireplace and wooden floors
    Ask for pricing
    Verified Listing

    2008 S Wabash Ave, Chicago, IL 60616
2-23-nhood

Frequently asked questions

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

The price range of a cheap apartment is between $1,621 and $9,684.

How many cheap rentals are available in Downtown Chicago, Chicago, IL on RentCafe?

There are 5 cheap rentals available on RentCafe. Prices and availability in Downtown Chicago, Chicago, IL were last updated on 16 Apr 2026.

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

The average Downtown Chicago, Chicago, IL cheap apartment size is 625 sq. ft.

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

Cheap apartments in Downtown Chicago, Chicago, IL are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

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

A cheap apartment in Downtown Chicago, Chicago, IL offers little storage space and fewer amenities compared to other apartments.