$877
2 beds1 bathCondo
2928 S. Archer Avenue #2928, Chicago, IL, 60608
Rentals in Chicago, IL Under $1,500/mo
1601 Results
$845
3 beds2 bathsCondo
1949 W Lake St. #1949, Chicago, IL, 60612
$839
4 beds1 bathCondo
6200 South University Avenue #6200, Chicago, IL, 60637
$1,086
2 beds1 bathCondo
6950 S. Vincennes Avenue #6950, Chicago, IL, 60621
$1,019
3 beds2 bathsCondo
6430 South Stony Island Avenue #6430, Chicago, IL, 60637
$1,198
1 bed1 bathCondo
345 N Austin Blvd #345, Chicago, IL, 60644
$1,500
Studio1 bathCondo
1164 N Dearborn 313, Chicago, IL, 60610
$1,295
2 beds1 bathCondo
2821 West 25th Street - 2F 2F, Chicago, IL, 60623
$845
Studio1 bath425 sqftCondo
7150 S Cornell Ave 1E, Chicago, IL, 60649
$1,100
1 bed1 bathCondo
9453 S Loomis St Unit 307, Chicago, IL, 606203682
$1,325
2 beds1 bath875 sqftCondo
8237 S Drexel Ave 8237-3E (Leasing), Chicago, IL, 60619
$1,000
1 bed1 bathCondo
5741 W 35th St 09F, Cicero, IL, 60804
$1,100
2 beds1 bath1,300 sqftCondo
5926 S Michigan Ave 2 bedroom unit, Chicago, IL, 60637
$1,449
2 beds1 bath950 sqftCondo
10126 South Pulaski Road - 2E, Oak Lawn, IL, 60453
$1,149
1 bed1 bath580 sqftCondo
7610 S Saginaw Ave 7610-2A, Chicago, IL, 60649
$1,149
1 bed1 bath648 sqftCondo
7608 S Saginaw Ave 7608-3A, Chicago, IL, 60649
$1,400
2 beds1 bath1,050 sqftCondo
6702 S Wood St 2B, Chicago, IL, 60636
$900
1 bed1 bathCondo
7851 S Coles 3W, Chicago, IL, 60649
$750
Studio1 bathCondo
7853 S Coles, Chicago, IL, 60649
$1,450
Studio1 bathCondo
4829 North Damen 209, Chicago, IL, 60625
$1,500
2 beds1 bath800 sqftCondo
5621 South Elizabeth Street - 3 (basement), Chicago, IL, 60636
$1,450
Studio1 bathCondo
4606 North Winchester Avenue 1A, Chicago, IL, 60640
$850
Studio1 bathCondo
5325 S Cornell Ave 301, Chicago, IL, 60615
$1,425
Studio1 bathCondo
3831 North Fremont Street 303, Chicago, IL, 60613
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.
Other Resources for Chicago, IL Renters
How to Rent an Apartment: Total Step-by-Step Guide
Read more
What Do Apartments Look For in Background Checks?
Read more
Locked Out of Your Apartment? Here’s What to Do
Read more
How to Find Private Landlords as a Renter
Read more
How to Write an Apartment Address: USPS Format and Examples
Read more
10 Cheapest States to Live In Right Now
Read more
What Is a Guarantor for an Apartment? A Renter’s Guide
Read more
States with the Lowest Rent: Where to Rent for Less
Read more
Getting a Cosigner for an Apartment: Everything Renters Need to Know
Read more
What Is Tandem Parking? A Renter’s Guide to Car Storage
Read more
Do Apartments Come Furnished? What to Know as a Renter
Read more