Cheap Apartments in Chicago, IL: November Rental Information
Welcome to the November 2024 Cheap Apartments in Chicago, IL report. In this monthly assessment of the local rental market, Rentable analyzes the key findings and figures for the Chicago rental landscape.
Our data scientists and rental experts examine the inventory trends for affordable apartments in Chicago under a certain price threshold. This report provides an overview of the overall market rent-distribution, availability by bedroom count, and month-over-month comparisons for apartments in the affordable range. Additionally, we highlight the available features and amenities, as well as location options for cheap apartments in Chicago.
Whether you're a budget-conscious renter or simply looking for an affordable temporary residence, this report will provide valuable insights to help you make informed decisions about your next rental in Chicago.
This month, the typical cost to rent a one-bedroom apartment in Chicago stands at $1,810, with the majority falling between $980 and $3,120. Out of the 23,730 one-bedroom apartments currently on the market in Chicago, 19 are priced below $400, accounting for 0% of the total available one-bedroom units in Chicago.
Available Cheap Apartments: Chicago vs. Surrounding Areas