$1,350
2 beds1 bathMultiplex
314 E 138th Street 2F, Chicago, IL, 60827
Rentals in Chicago, IL Under $1,500/mo
1579 Results
$1,350
2 beds1 bath1,100 sqftApartment
7642 S Eggleston 2, Chicago, IL, 60620
$1,500
2 beds1 bath720 sqftApartment
2233 West 21st Street 2R, Chicago, IL, 60608
$1,400
1 bed1 bathSingle Room
7247 S Euclid Ave, Chicago, IL, 60649
$1,500
1 bed1 bathApartment
445 E North Water St , 903, chicago, IL, 60611
$1,200
1 bed1 bathApartment
7400-7410 W. Diversey Avenue 7400-1, Elmwood Park, IL, 60707
$1,050
1 bed1 bath950 sqftApartment
8304 S. Paulina 3, Chicago, IL, 60620
$1,450
2 beds1 bathCondo
314 E 138th Street 1F, Chicago, IL, 60827
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$1,150
Studio1 bath500 sqftApartment
7447 S South Shore Drive 20 C, Chicago, IL, 60649
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$1,500
2 beds1 bathHouse
148 S 6th Ave 1, Maywood, IL, 60153
$1,400
2 beds1 bath900 sqftApartment
7331 S Yale 3A, Chicago, IL, 60621
$1,100
2 beds1 bathMultiplex
9533 Perry 9533 s Perry, Chicago, IL, 60628
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$900
1 bed1 bathSingle Room
7353 S. Kenwood Avenue 2nd floor, Chicago, IL, 60649
$1,175
Studio1 bath250 sqftApartment
1440 W. Howard St. Apt. 18, Chicago, IL, 60626
$1,195
Studio1 bathApartment
425 West Roscoe Street #101 Chicago, IL 60657 425 West Roscoe Street, Chicago, IL, 60657
$1,295
Studio1 bathApartment
3831 North Fremont Street #111 Chicago, IL 60613 3831 North Fremont Street, Chicago, IL, 60613
$1,250
1 bed1 bathMultiplex
1613 W 87th St 302, Chicago, IL, 60620
$1,300
3 beds1 bathApartment
1357 S Kildare 2, Chicago, IL, 60623
$1,300
1 bed1 bath650 sqftApartment
2550 Catalpa Ave. 4, Chicago, IL, 60625
$1,425
Studio1 bathApartment
612 West Patterson Avenue 104, Chicago, IL, 60613
$1,375
Studio1 bathApartment
4631 North Paulina Street 101, Chicago, IL, 60640
$1,375
Studio1 bathApartment
4641 North Paulina 404, Chicago, IL, 60640
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$950
Studio1 bathApartment
7300 South Shore Dr 407, Chicago, IL, 60649
$1,275
Studio1 bathApartment
4829 North Damen Avenue 306, Chicago, IL, 60625
Showing 24 of 1,579 results
Showing 24 of 1,579 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 1,419 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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