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  5. Rentals in Chicago, IL Under $1,500/mo

Rentals in Chicago, IL Under $1,500/mo

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Chicago Apartment: 7146 S Lowe AveChicago Apartment: 7146 S Lowe AveChicago Apartment: 7146 S Lowe AveChicago Apartment: 7146 S Lowe AveChicago Apartment: 7146 S Lowe AveChicago Apartment: 7146 S Lowe AveChicago Apartment: 7146 S Lowe AveChicago Apartment: 7146 S Lowe Ave

$1,100

2 beds • 1 bath • Apartment

7146 S Lowe Ave, Chicago, IL, 60621

Chicago Apartment: 7455 N. GreenviewChicago Apartment: 7455 N. GreenviewChicago Apartment: 7455 N. GreenviewChicago Apartment: 7455 N. Greenview

$1,100

Studio • 1 bath • Apartment

7455 N. Greenview, Chicago, IL, 60626

Chicago Apartment: 7557 S. Calumet Ave.Chicago Apartment: 7557 S. Calumet Ave.Chicago Apartment: 7557 S. Calumet Ave.Chicago Apartment: 7557 S. Calumet Ave.Chicago Apartment: 7557 S. Calumet Ave.Chicago Apartment: 7557 S. Calumet Ave.Chicago Apartment: 7557 S. Calumet Ave.

$1,425

2 beds • 1 bath • 650 sqft • Apartment

7557 S. Calumet Ave., Chicago, IL, 60619

Chicago Apartment: 423-25 N Central Ave

$1,360

2 beds • 1 bath • 1,020 sqft • Apartment

423-25 N Central Ave, Chicago, IL, 60644

Chicago Apartment: 8057-59 S MarshfieldChicago Apartment: 8057-59 S MarshfieldChicago Apartment: 8057-59 S MarshfieldChicago Apartment: 8057-59 S MarshfieldChicago Apartment: 8057-59 S Marshfield

$900

1 bed • 1 bath • 575 sqft • Apartment

8057-59 S Marshfield, Chicago, IL, 60620

Chicago Apartment: 7825 S Emerald AveChicago Apartment: 7825 S Emerald AveChicago Apartment: 7825 S Emerald AveChicago Apartment: 7825 S Emerald AveChicago Apartment: 7825 S Emerald AveChicago Apartment: 7825 S Emerald AveChicago Apartment: 7825 S Emerald AveChicago Apartment: 7825 S Emerald AveChicago Apartment: 7825 S Emerald AveChicago Apartment: 7825 S Emerald AveChicago Apartment: 7825 S Emerald AveChicago Apartment: 7825 S Emerald AveChicago Apartment: 7825 S Emerald AveChicago Apartment: 7825 S Emerald AveChicago Apartment: 7825 S Emerald AveChicago Apartment: 7825 S Emerald AveChicago Apartment: 7825 S Emerald Ave

$1,040

2 beds • 1 bath • 725 sqft • Apartment

7825 S Emerald Ave, Chicago, IL, 60620

Chicago Apartment: 2900 E 91st St

$1,130

2 beds • 1 bath • 650 sqft • Apartment

2900 E 91st St, Chicago, IL, 60617

Chicago Apartment: 7750 S Muskegon AveChicago Apartment: 7750 S Muskegon AveChicago Apartment: 7750 S Muskegon AveChicago Apartment: 7750 S Muskegon AveChicago Apartment: 7750 S Muskegon AveChicago Apartment: 7750 S Muskegon Ave

$1,450

1 bed • 1 bath • Apartment

7750 S Muskegon Ave, Chicago, IL, 60649

Chicago Apartment: 4425-31 N. Milwaukee Ave & 5055-65 W. Agatite AveChicago Apartment: 4425-31 N. Milwaukee Ave & 5055-65 W. Agatite AveChicago Apartment: 4425-31 N. Milwaukee Ave & 5055-65 W. Agatite AveChicago Apartment: 4425-31 N. Milwaukee Ave & 5055-65 W. Agatite AveChicago Apartment: 4425-31 N. Milwaukee Ave & 5055-65 W. Agatite AveChicago Apartment: 4425-31 N. Milwaukee Ave & 5055-65 W. Agatite AveChicago Apartment: 4425-31 N. Milwaukee Ave & 5055-65 W. Agatite AveChicago Apartment: 4425-31 N. Milwaukee Ave & 5055-65 W. Agatite AveChicago Apartment: 4425-31 N. Milwaukee Ave & 5055-65 W. Agatite AveChicago Apartment: 4425-31 N. Milwaukee Ave & 5055-65 W. Agatite AveChicago Apartment: 4425-31 N. Milwaukee Ave & 5055-65 W. Agatite AveChicago Apartment: 4425-31 N. Milwaukee Ave & 5055-65 W. Agatite Ave

$1,500

1 bed • 1 bath • Apartment

4425-31 N. Milwaukee Ave & 5055-65 W. Agatite Ave, Chicago, IL, 60630

Chicago Apartment: 3121-3153 W. Madison St.Chicago Apartment: 3121-3153 W. Madison St.Chicago Apartment: 3121-3153 W. Madison St.Chicago Apartment: 3121-3153 W. Madison St.Chicago Apartment: 3121-3153 W. Madison St.Chicago Apartment: 3121-3153 W. Madison St.

$1,475

2 beds • 1 bath • 1,100 sqft • Apartment

3121-3153 W. Madison St., Chicago, IL, 60612

Chicago Apartment: 7003 S Harper

$715

Studio • 1 bath • 400 sqft • Apartment

7003 S Harper, Chicago, IL, 60637

Chicago Apartment: 7003 S Harper

$970

2 beds • 1 bath • 675 sqft • Apartment

7003 S Harper, Chicago, IL, 60637

Chicago Apartment: 7110-18 S Ridgeland Ave

$870

1 bed • 1 bath • 500 sqft • Apartment

7110-18 S Ridgeland Ave, Chicago, IL, 60649

Chicago Apartment: 6938 S Cregier Ave.Chicago Apartment: 6938 S Cregier Ave.Chicago Apartment: 6938 S Cregier Ave.Chicago Apartment: 6938 S Cregier Ave.Chicago Apartment: 6938 S Cregier Ave.Chicago Apartment: 6938 S Cregier Ave.

$1,350

1 bed • 1 bath • Apartment

6938 S Cregier Ave., Chicago, IL, 60649

Chicago Apartment: 4901 S Drexel Blvd

$1,100

Studio • 1 bath • 350 sqft • Apartment

4901 S Drexel Blvd, Chicago, IL, 60615

Chicago Apartment: 3137-3141 W. 41st StreetChicago Apartment: 3137-3141 W. 41st StreetChicago Apartment: 3137-3141 W. 41st StreetChicago Apartment: 3137-3141 W. 41st StreetChicago Apartment: 3137-3141 W. 41st StreetChicago Apartment: 3137-3141 W. 41st StreetChicago Apartment: 3137-3141 W. 41st StreetChicago Apartment: 3137-3141 W. 41st StreetChicago Apartment: 3137-3141 W. 41st StreetChicago Apartment: 3137-3141 W. 41st StreetChicago Apartment: 3137-3141 W. 41st Street

$1,395

1 bed • 1 bath • Apartment

3137-3141 W. 41st Street, Chicago, IL, 60632

Chicago Apartment: 6938 S Cregier Ave.Chicago Apartment: 6938 S Cregier Ave.Chicago Apartment: 6938 S Cregier Ave.Chicago Apartment: 6938 S Cregier Ave.Chicago Apartment: 6938 S Cregier Ave.Chicago Apartment: 6938 S Cregier Ave.

$1,350

1 bed • 1 bath • Apartment

6938 S Cregier Ave., Chicago, IL, 60649

Oak Park Apartment: 458 Washington BlvdOak Park Apartment: 458 Washington BlvdOak Park Apartment: 458 Washington BlvdOak Park Apartment: 458 Washington BlvdOak Park Apartment: 458 Washington BlvdOak Park Apartment: 458 Washington BlvdOak Park Apartment: 458 Washington BlvdOak Park Apartment: 458 Washington BlvdOak Park Apartment: 458 Washington BlvdOak Park Apartment: 458 Washington BlvdOak Park Apartment: 458 Washington BlvdOak Park Apartment: 458 Washington BlvdOak Park Apartment: 458 Washington Blvd

$1,495

1 bed • 1 bath • 525 sqft • Apartment

458 Washington Blvd, Oak Park, IL, 60302

Chicago Apartment: 4241 N. KenmoreChicago Apartment: 4241 N. KenmoreChicago Apartment: 4241 N. KenmoreChicago Apartment: 4241 N. KenmoreChicago Apartment: 4241 N. KenmoreChicago Apartment: 4241 N. Kenmore

$1,300

Studio • 1 bath • 375 sqft • Apartment

4241 N. Kenmore, Chicago, IL, 60613

Chicago Apartment: 4344 S Ellis AveChicago Apartment: 4344 S Ellis AveChicago Apartment: 4344 S Ellis AveChicago Apartment: 4344 S Ellis AveChicago Apartment: 4344 S Ellis AveChicago Apartment: 4344 S Ellis AveChicago Apartment: 4344 S Ellis AveChicago Apartment: 4344 S Ellis Ave

$1,295

1 bed • 1 bath • 400 sqft • Apartment

4344 S Ellis Ave, Chicago, IL, 60653

Chicago Apartment: 7903 S Evans AveChicago Apartment: 7903 S Evans AveChicago Apartment: 7903 S Evans AveChicago Apartment: 7903 S Evans AveChicago Apartment: 7903 S Evans AveChicago Apartment: 7903 S Evans AveChicago Apartment: 7903 S Evans AveChicago Apartment: 7903 S Evans Ave

$745

Studio • 1 bath • 375 sqft • Apartment

7903 S Evans Ave 735-37 E 79th St, Chicago, IL, 60619

Chicago Apartment: 5424 S. Cornell AveChicago Apartment: 5424 S. Cornell AveChicago Apartment: 5424 S. Cornell AveChicago Apartment: 5424 S. Cornell AveChicago Apartment: 5424 S. Cornell AveChicago Apartment: 5424 S. Cornell AveChicago Apartment: 5424 S. Cornell Ave

$1,095

Studio • 1 bath • 250 sqft • Apartment

5424 S. Cornell Ave, Chicago, IL, 60615

Melrose Park Apartment: 1213 N. 34th Ave.Melrose Park Apartment: 1213 N. 34th Ave.Melrose Park Apartment: 1213 N. 34th Ave.Melrose Park Apartment: 1213 N. 34th Ave.Melrose Park Apartment: 1213 N. 34th Ave.Melrose Park Apartment: 1213 N. 34th Ave.Melrose Park Apartment: 1213 N. 34th Ave.Melrose Park Apartment: 1213 N. 34th Ave.Melrose Park Apartment: 1213 N. 34th Ave.Melrose Park Apartment: 1213 N. 34th Ave.Melrose Park Apartment: 1213 N. 34th Ave.Melrose Park Apartment: 1213 N. 34th Ave.

$1,350

1 bed • 1 bath • Apartment

1213 N. 34th Ave., Melrose Park, IL, 60160

Chicago Apartment: 5528 N Kenmore AveChicago Apartment: 5528 N Kenmore AveChicago Apartment: 5528 N Kenmore AveChicago Apartment: 5528 N Kenmore Ave

$1,275

Studio • 1 bath • 475 sqft • Apartment

5528 N Kenmore Ave, Chicago, IL, 60640

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What 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

Studio apartments for rent in Chicago1-bedroom apartments for rent in Chicago2-bedroom apartments for rent in Chicago3-bedroom apartments for rent in Chicago

Rentals Under $1,500 Near Chicago, IL

Rentals Under $1,500 in Cicero, ILRentals Under $1,500 in Berwyn, ILRentals Under $1,500 in Oak Park, ILRentals Under $1,500 in Riverside, ILRentals Under $1,500 in Forest Park, IL

Frequently Asked Questions About Rentals Under $1,500 in Chicago, IL

Rentler currently shows 1,440 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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