Budget-Friendly One-Bedroom Apartments in Chicago Under $1,600 per Month

by Caroline Hetzel Holland

Looking for an apartment that won’t break your budget in one of Chicago's favorite neighborhoods? We’ve got you covered! Right here, you’ll find a fabulous selection of apartments under $1,600 per month in Lakeview, Rogers Park, St. Ben's, and Hyde Park. It won’t be long before you find your next "home sweet home."

Hyde Park Apartments Near Museums & Parks
One-bedroom apartment for rent in Hyde Park with hardwood floors and built-in bookshelf

5736 S Stony Island Ave | 1 bed/1 bath for $1,325/mo

Discover the best of Chicago's historic Hyde Park neighborhood from this beautifully renovated one-bedroom, one-bathroom apartment located in a charming courtyard building. This apartment provides the perfect base for exploring all the neighborhood has to offer like the Museum of Science and Industry, Jackson Park, and The University of Chicago. 

Modern One-Bedroom Apartments in Rogers Park, Steps From the Beach

One-bedroom apartment for rent in Chicago with exposed brick wall painted grey

The Villages of Eastlake - 7736 N Eastlake Ter | 1 bed/1 bath from $1,400/mo

Find yourself at home near the beach in Chicago’s Rogers Park. These beautifully designed one-bedroom apartments for rent are located in a hidden pocket of the neighborhood. With stylish kitchens, plank flooring, and high ceilings, apartments here perfectly blend form and function. 

Loft for Rent in Chicago’s St. Ben’s Neighborhood

Loft apartment with tall ceilings at Byron Lofts in Chicago in the St. Ben's neighborhood

Byron Lofts - 3900 N Damen Ave | 1 bed/1 bath for $1,525/mo

Enjoy loft living at this one-bedroom apartment with tall ceilings and soaring windows. Building amenities include an exercise room, rooftop lounge, bike room, and storage. The apartment for rent is located near the Irving Park El Stop, Trader Joe's, and Dovetail Brewery.

One-Bedroom Apartment in Lakeview Near Lakefront and Wrigley Field

Bright and spacious living room with hardwood floors in apartment for rent in Lakeview, Chicago

3924 N Pine Grove Ave | 1 bed/1 bath for $1,475/mo

Live in comfort and sophistication at this lovely one-bedroom apartment for rent in Lakeview. Conveniently located near Lake Michigan and the Lakefront Trail, enjoy beautiful walks down the coast all year long. The apartment is also within walking distance of the Sheridan Red Line stop and Wrigley Field.  

One-Bedroom Apartments in Chicago's Hyde Park With Vintage Charm

Exterior of vintage Hyde Park apartments for rent in Chicago

4721-29 S Ellis Ave | 1 bed/1 bath from $1,109/mo

Nestled in the heart of Chicago's historic Hyde Park neighborhood, these beautifully maintained vintage apartments boast plenty of natural light and gleaming hardwood floors. The courtyard-style building is located just steps away from Gwendolyn Brooks Park, providing residents with a peaceful escape from the hustle and bustle of city life. 

Perfect Apartment in Lakeview With Convenient Location

One-bedroom apartment for rent in Lakeview, Chicago, with hardwood floors

3521 N Broadway Ave | 1 bed/1 bath for $1,550/mo

Conveniently located next door to Jewel-Osco for groceries, this one-bedroom apartment for rent in Lakeview means you won’t need a car in Chicago, especially with its proximity to the Red Line. Step into comfort at this spacious pad with central air, hardwood floors, and an eat-in kitchen.

Cozy One-Bedroom Apartment Steps from U of C and MSI

Vintage apartment for rent in Hyde Park at Blackstone Court

Blackstone Court - 5728-5732 S Blackstone Ct | 1 bed/1 bath for $1,325/mo

Enjoy the best in Hyde Park living in this beautiful one-bedroom apartment, steps from the University of Chicago and the Museum of Science and Industry. The apartment is also conveniently located near public transit and the Chicago Lakefront Trail.

Note: Apartments move fast in Chicago. If you're redirected to a neighborhood page, that might mean the apartment is no longer available on Domu.