How many rentals under $1,500 are available in Chicago right now?

Rentler currently shows 1,426 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.

What types of units can I find under $1,500 in Chicago?

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.

What's the difference between cheap, affordable, and low-income apartments?

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.

Are there pet-friendly rentals under $1,500 in Chicago?

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.

Can I negotiate rent in Chicago?

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.

Chicago, IL Rentals Under $1,500/mo – Page 4

1601 Results

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$1,250

2 beds1 bath1,000 sqftApartment

1843-45 West 54th Street 3E, Chicago, IL, 60609

$1,198

2 beds1.5 baths1,200 sqftCondo

2954 S Haynes Ct, Chicago, IL, 60608

$1,475

1 bed1 bathApartment

1434 Circle Ave 2 North, Forest Park, IL, 60130

$1,450

1 bed1 bathMultiplex

5016 N Lawndale Ave 1R, Chicago, IL, 60625

$1,250

Studio1 bath500 sqftApartment

6250 North Kenmore Avenue 209, Chicago, IL, 60660

$1,495

1 bed1 bath700 sqftApartment

6250 North Kenmore Avenue 408, Chicago, IL, 60660

$1,300

3 beds1 bathMultiplex

9613 S Ave N 2, Chicago, IL, 60617

$1,250

2 beds1 bath700 sqftApartment

5104 W Huron St 1st Floor, Chicago, IL, 60644

$1,500

3 beds1 bathMultiplex

1415 e 75th st 1, Chicago, IL, 60619

$1,125

Studio1 bathApartment

917 West Eastwood Avenue 307, Chicago, IL, 60640

$1,275

Studio1 bathApartment

711 West Belmont Avenue 507, Chicago, IL, 60657

$900

1 bed1 bathSingle Room

7353 S. Kenwood Avenue 2nd floor, Chicago, IL, 60649

$1,500

2 beds1 bath1,000 sqftMultiplex

5527 W 24th PL, Cicero, IL, 60804

$1,100

Studio1 bathApartment

6912 North Ashland Avenue #403 Chicago, IL 60626 6912 North Ashland Avenue, Chicago, IL, 60626

$1,100

Studio1 bathApartment

6912 North Ashland Avenue #411 Chicago, IL 60626 6912 North Ashland Avenue, Chicago, IL, 60626

$1,300

1 bed1 bathApartment

104 Lincoln Avenue #2W Riverside, IL 60546 104 Lincoln Avenue, Riverside, IL, 60546

$1,175

Studio1 bath300 sqftApartment

1440 W. Howard St. Apt. 12, Chicago, IL, 60626

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$1,100

2 beds1 bath800 sqftApartment

5001 W. Monroe Ave. 112 -1, Chicago, IL, 60644

$1,450

1 bed1 bathApartment

5415 N Sheridan Rd APT 2315, 12, Chicago, IL, 60640

$1,300

1 bed1 bathApartment

6912 North Ashland Avenue #401 Chicago, IL 60626 6912 North Ashland Avenue, Chicago, IL, 60626

$1,200

Studio1 bathApartment

6748 North Ashland Avenue #L4 Chicago, IL 60626 6748 North Ashland Avenue, Chicago, IL, 60626

$1,400

1 bed1 bathApartment

1135 West Lunt Avenue #402 Chicago, IL 60626 1135 West Lunt Avenue, Chicago, IL, 60626

$1,400

1 bed1 bathApartment

1135 West Lunt Avenue #211 Chicago, IL 60626 1135 West Lunt Avenue, Chicago, IL, 60626

$1,200

Studio1 bathApartment

1135 West Lunt Avenue #210 Chicago, IL 60626 1135 West Lunt Avenue, Chicago, IL, 60626

Showing 24 of 1,601 results

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.