$1,150
Studio1 bath270 sqftApartment
5036 N Sheridan Rd, Chicago, IL, 60640
Rentals in Chicago, IL Under $1,500/mo
1603 Results
$1,300
1 bed1 bathApartment
3110-12 Calwagner Street, Franklin Park, IL, 60131
$1,395
1 bed1 bath850 sqftHouse
4602 River Rd A3, Schiller Park, IL, 60176
$1,350
1 bed1 bath800 sqftApartment
345 N Laverne Ave, Hillside, IL, 60162
$1,200
2 beds1 bathApartment
4117 S Albany Ave, Chicago, IL, 60632
$1,295
1 bed1 bath850 sqftApartment
7263 S South Shore Drive, Chicago, IL, 60649
$1,350
1 bed1 bathApartment
1204 W 78TH ST, Chicago, IL, 60620
$1,350
1 bed1 bathApartment
1204 W 78TH ST, Chicago, IL, 60620
$875
Studio1 bath300 sqftApartment
4114 W Washington Blvd, Chicago, IL, 60624
$1,430
2 beds1 bath1,500 sqftApartment
423-25 N Central Ave, Chicago, IL, 60644
$995
Studio1 bath383 sqftApartment
6314-16 S. Troy 3135-37 W. 63rd St, Chicago, IL, 60629
$995
Studio1 bath389 sqftApartment
6314-16 S. Troy 3135-37 W. 63rd St, Chicago, IL, 60629
$1,200
2 beds1 bath765 sqftApartment
7609 S Coles 7615 S Coles, Chicago, IL, 60649
$1,499
1 bed1 bath750 sqftApartment
629 York Road, Bensenville, IL, 60106
$1,250
2 beds1 bathApartment
10840 S. Avenue N., Chicago, IL, 60617
$1,200
1 bed1 bathApartment
6957 S Michigan Avenue, Chicago, IL, 60637
$1,080
1 bed1 bath700 sqftApartment
5125 W Madison St, Chicago, IL, 60644
$1,450
2 beds1 bathApartment
7148 S. East End, Chicago, IL, 60649
$1,300
2 beds1 bath750 sqftApartment
3454 W Lexington St 715-21 S St Louis, Chicago, IL, 60624
$1,425
1 bed1 bath700 sqftApartment
6815 N. Sheridan Rd., Chicago, IL, 60626
$1,095
2 beds1 bath650 sqftApartment
500-14 S Laramie Ave, Chicago, IL, 60644
$910
Studio1 bath531 sqftApartment
8334-8340 S Ellis Ave, Chicago, IL, 60619
$1,095
Studio1 bath325 sqftApartment
3200 W Lawrence 4804-10 N. Kedzie, Chicago, IL, 60625
$1,095
Studio1 bath325 sqftApartment
3200 W Lawrence 4804-10 N. Kedzie, Chicago, IL, 60625
Showing 24 of 1,603 results
Showing 24 of 1,603 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 1,440 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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