$1,400
2 beds1 bathApartment
8833 S Exchange Ave, Chicago, IL, 60617
Rentals in Chicago, IL Under $1,500/mo
1599 Results
$1,400
2 beds1 bathApartment
8833 S Exchange Ave, Chicago, IL, 60617
$1,400
2 beds1 bathApartment
8833 S Exchange Ave, Chicago, IL, 60617
$1,030
2 beds1 bath750 sqftApartment
7316 S Jeffery Blvd, Chicago, IL, 60649
$1,425
1 bed1 bath500 sqftApartment
227 Des Plaines Ave, Forest Park, IL, 60130
$1,395
1 bed1 bath600 sqftApartment
319 Harrison, Oak Park, IL, 60304
$900
1 bed1 bath550 sqftApartment
6306 S Fairfield Ave, Chicago, IL, 60629
$1,050
Studio1 bathApartment
1624 W. Morse, Chicago, IL, 60626
$1,025
2 beds1 bath750 sqftApartment
7812-14 S Emerald Ave, Chicago, IL, 60620
$995
1 bed1 bath650 sqftApartment
8101 S Drexel Ave 903-07 E 81st, Chicago, IL, 60619
$1,395
1 bed1 bath650 sqftApartment
5853-59 S. Troy 3120-24 W. 59th St, Chicago, IL, 60629
$1,100
1 bed1 bath600 sqftApartment
7801 S Saginaw 2647-53 E 78th St, Chicago, IL, 60649
$1,115
1 bed1 bath500 sqftApartment
6022 S Indiana Ave, Chicago, IL, 60637
$1,140
1 bed1 bath500 sqftApartment
5101 W Monroe St, Chicago, IL, 60644
$980
1 bed1 bath675 sqftApartment
7120 S East End, Chicago, IL, 60649
$1,400
2 beds1 bath775 sqftApartment
7624 S Kingston, Chicago, IL, 60649
$1,400
2 beds1 bathApartment
6801 S Loomis Blvd, Chicago, IL, 60636-3403
$910
Studio1 bath425 sqftApartment
7929 S State St, Chicago, IL, 60619
$1,295
1 bed1 bath700 sqftApartment
8280-8290 Roosevelt Rd., Forest Park, IL, 60130
$1,010
2 beds1 bath675 sqftApartment
7955 S Bishop 1414-18 W 80th, Chicago, IL, 60620
$1,120
1 bed1 bath675 sqftApartment
7901-11 S Dobson Ave, Chicago, IL, 60619
$1,500
2 beds1 bath850 sqftApartment
5850-58 S. King Drive, Chicago, IL, 60637
$1,475
1 bed1 bath500 sqftApartment
3334-3344 W. Ainslie St., Chicago, IL, 60625
$1,395
Studio1 bathApartment
4600 - 4608 N. Beacon St., Chicago, IL, 60640
Showing 24 of 1,599 results
Showing 24 of 1,599 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 1,437 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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