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Renting in Chicago: What's the cheapest apartment available right now?

6726 S. Chappel Ave. | Photo: Zumper
By Hoodline - Published on February 21, 2020.

According to rental site Zumper, median rents for a one bedroom in Chicago are hovering around $1,595. But how does the low-end pricing on a Chicago rental look these days — and what might you get for the price?

We took a look at local listings for studios and one-bedroom apartments from Zumper and Apartment Guide to find out what price-conscious apartment seekers can expect to find.

Read on for the cheapest listings available right now. (Note: Prices and availability are subject to change.)

Hoodline offers data-driven analysis of local happenings and trends across cities. Links included in this article may earn Hoodline a commission on clicks and transactions.


7925 S. Phillips St.

Photo: Apartment Guide
Photo: Apartment Guide

Listed at $605/month, this 397-square-foot studio apartment, located at 7925 S. Phillips St. in South Chicago, is 47.7% less than the median rent for a studio in Chicago, which is currently estimated at around $1,156/month.

Building amenities include assigned parking and on-site laundry. Animals are permitted.

Walk Score indicates that the surrounding area is moderately walkable, has some bike infrastructure and offers many nearby public transportation options.

(See the complete listing here.)

6726 S. Chappel Ave.

Photo: Zumper

This studio apartment, situated at 6726 S. Chappel Ave. in South Shore, is listed for $750/month.

In the unit, you'll find central heating and hardwood flooring. The building features on-site laundry. Neither cats nor dogs are welcome.

According to Walk Score, the surrounding area is moderately walkable, is very bikeable and has excellent transit.

(See the listing here.)

5417 N. Kenmore Ave.

Photo: Zumper
Photo: Zumper

And here's a studio apartment at 5417 N. Kenmore Ave. in Edgewater Beach, which is also going for $750/month.

Amenities offered in the building include on-site laundry. The unit has hardwood flooring. Attention, cat owners: Your kitty is welcome here.

According to Walk Score, this location is friendly for those on foot, is very bikeable and is a haven for transit riders.

(Check out the listing here.)

449 E. 81st St.

Photo: Zumper
Photo: Zumper

Finally, over at 449 E. 81st St. in Chatham, there's this 800-square-foot one-bedroom, one-bathroom dwelling. It, too, is going for $750/month.

In the unit, anticipate central heating and hardwood flooring. Neither cats nor dogs are welcome. Future tenants needn't worry about a leasing fee.

According to Walk Score's assessment, the surrounding area is friendly for those on foot, is convenient for biking and has good transit options.

(View the listing here.)


This story was created automatically using local real estate data from Zumper and Apartment Guide, then reviewed by an editor. Click here for more about what we're doing. Additionally, read on for five marketing tips for real estate agents to showcase local market expertise.

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