$1,475
2 beds1 bath880 sqftApartment
3121 W Madison St 203, Chicago, IL, 60612
Rentals in Chicago, IL Under $1,500/mo
1601 Results
$845
Studio1 bath420 sqftCondo
7152 S Cornell Ave 2E, Chicago, IL, 60649
$995
1 bed1 bath475 sqftCondo
5129 W. Roosevelt Road C5, Cicero, IL, 60804
$1,400
2 beds1 bathCondo
8010 S Marshfield Ave 1, Chicago, IL, 60620
$1,225
Studio1 bathCondo
3053 W Argyle St 3053-2, Chicago, IL, 60625
$1,406
Studio1 bathApartment
1430 N Dearborn Pkwy 1430-113, Chicago, IL, 60610
$1,500
Studio1 bathApartment
1430 N Dearborn Pkwy 1430-505, Chicago, IL, 60610
$1,295
Studio1 bathCondo
4941 N Monitor Ave GN, Chicago, IL, 60630
$1,195
Studio1 bath450 sqftCondo
5200 South Harper Apt. 107, Chicago, IL, 60615
$1,495
Studio1 bathCondo
510 West Briar Place 102, Chicago, IL, 60657
$1,099
1 bed1 bath507 sqftCondo
7608 S Saginaw Ave 7610-3B, Chicago, IL, 60649
$700
Studio1 bathCondo
5325 S Cornell Ave 316, Chicago, IL, 60615
$1,295
2 beds1 bathCondo
2702 S Spaulding Ave 2, Chicago, IL, 60623
$1,495
Studio1 bathCondo
4546 North Damen 308, Chicago, IL, 60625
$1,450
Studio1 bathCondo
2834 West Palmer Street GDN2, Chicago, IL, 60647
$1,495
Studio1 bathCondo
536 West Arlington Place 108, Chicago, IL, 60614
$1,495
Studio1 bathCondo
425 West Roscoe Street 503, Chicago, IL, 60657
$1,495
3 beds2 bathsCondo
2320 2322 E. 70th Place - 2320-3, Chicago, IL, 60649
$1,450
3 beds1 bath1,250 sqftCondo
4104 W 24th Place 1, Chicago, IL, 60623
$1,300
2 beds1 bathCondo
4752 S Wabash Ave 106, Chicago, IL, 60615
$1,295
1 bed1 bathCondo
3982 South Archer 2, Chicago, IL, 60632
$1,200
2 beds1 bathCondo
6550 S Drexel ave 1, Chicago, IL, 60637
$1,350
2 beds1 bathCondo
6055 S Troy St Unit 2, Chicago, IL, 606293413
$1,195
Studio1 bath350 sqftCondo
1310 West Lunt Ave Apt. 303, Chicago, IL, 60626
Showing 24 of 1,601 results
Showing 24 of 1,601 results
Load moreWhat schools are in Chicago, IL?
The Chicago Public School System features hundreds of schools, including nearly 500 elementary and middle-grade schools and more than 150 high schools. In addition, there are also a large number of private schools.
Some of the best elementary, middle, and high schools in Chicago include:
- Hawthorne Scholastic Academy
- Decatur Classical School
- James E. McDade Classical School
- William H. Prescott Elementary School
- Mount Greenwood Elementary School
- Alexander Graham Bell School
- Northside College Preparatory High School
- Whitney M. Young Magnet High School
- Albert G. Lane Technical High School
- John Hancock College Preparatory High School
What colleges and universities are in Chicago, IL?
Chicago, IL, is considered one of the country’s leading academic cities. As such, you’ll find a near-endless list of higher education institutions within the city’s limits, including world-class universities, colleges, and specialized arts schools.
Some of the major higher education institutions in Chicago, IL, include:
- University of Chicago
- Northwestern University
- University of Illinois Chicago
- DePaul University
- Illinois Institute of Technology
Where can I find affordable apartments for rent in Chicago, IL?
Some neighborhoods in Chicago, IL, offer more affordable prices than other neighborhoods. If you’re looking for apartments that offer both affordability and a pleasant area, focus on the following neighborhoods:
- Jackson Park Highlands (average rent: $1000)
- Chicago Lawn (average rent: $1,200)
- Englewood (average rent: $1450)
- South Shore (average rent: $1450)
- Woodlawn (average rent: $1400)
Looking for an apartment in Chicago? Start searching on Rentler.com today.
What to Know Before Renting Under $1,500 in Chicago, IL
Rentals under $1,500 per month cover a wide share of Chicago inventory — expect a mix of one- and two-bedroom apartments, townhomes, and some three-bedroom houses. At this price point, tradeoffs are usually about neighborhood, building age, and amenity package rather than basic habitability. Compare commute time, parking, and in-unit laundry when narrowing your shortlist in Chicago.
Browse Chicago Rentals by Bedroom Count
Rentals Under $1,500 Near Chicago, IL
Frequently Asked Questions About Rentals Under $1,500 in Chicago, IL
Rentler currently shows 1,438 rentals in Chicago priced under $1,500. Inventory at this price point is updated daily — availability changes quickly, especially at the lower price tiers where well-priced units receive applications within 24–48 hours of posting.
At the under $1,500 price point in Chicago, use the bedroom and property-type filters to narrow to studios, 1-bedrooms, 2-bedrooms, houses, or townhomes. Availability shifts daily — set a listing alert if you want to catch new units as they post.
These terms refer to different things. Cheap or affordable apartments are market-rate units at the lower end of a city's price range — anyone can apply regardless of income. Low-income or income-restricted apartments are subsidized properties (through programs like Section 8, HUD, or LIHTC) that require income qualification, typically at or below 50–80% of the area median income. Both types may appear on Rentler — contact landlords directly on lower-priced listings to ask about income requirements and subsidy acceptance.
Pet-friendly rentals exist across all price tiers. Use Rentler's pet-friendly filter to narrow to properties that accept animals. At lower price points, pet deposits and monthly pet rent still apply — factor that into your total monthly cost when budgeting. Breed and weight restrictions are common even on pet-accepting listings.
Yes — especially on market-rate listings with individual landlords, which make up a significant share of Rentler's inventory. Negotiating leverage is highest in winter (November through January), when fewer people are searching and landlords are more motivated to fill vacancies. Offering a longer lease term, a larger security deposit, or the ability to move in quickly are the most effective negotiating levers.
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