How To Find Cheap Apartments?

Looking for cheap apartments? Start looking here. There are several popular Chicago neighborhoods including Uptown, Portage Park, Pilsen, Avondale, and Rogers Park in Chicago. But take a look around and see the wide range of neighborhoods, unit types and buildings that have cheap apartments right now.

The Chicago neighborhoods that contain the most affordable apartments on Domu tend to be located on the Northwest Side, Southwest Side, or Far North Side of the city. To name a few examples, the neighborhoods of Portage Park, Edgewater, Uptown, Rogers Park, North Lawndale, Pilsen, and Avondale tend to rank among the most affordable neighborhoods in Chicago. For more guidance on how much renters should be spending on their apartment, they can always consult the rent calculator for a better idea of the rental range that won't overstretch a budget.

Despite being a little bit outside the core downtown area of Chicago, these neighborhoods with more cheap apartments can still feel very warm and inviting. The affordability of places in Chicago doesn’t necessarily detract from a neighborhood’s walkability or curb appeal. Many cheap studio apartments are among the most affordable in the city and these older buildings exude a good deal of charm. Brick construction with glazed terra cotta accents and details is a common form factor for many of Chicago’s affordable apartments. The proliferation of radiator heat is another element that, while certainly vintage in appearance, presents a cost-saving measure to renters in Chicago. Free heat keeps the apartment rent down and limits out-of-pocket expenses during the winter, which tends to last a while in Chicago. Many neighborhoods in Chicago have free street parking (although residents must remember to purchase their city vehicle sticker to avoid tickets) which can help limit expenses for renters who own a car.

How Much Are Cheap Apartments In Chicago?

Take a look at the selection of cheap Chicago apartments. As always, this list includes apartments in all makes, shapes, and sizes from a variety of neighborhoods. What makes an apartment in Chicago match the criteria for being "cheap?" The list selects apartments that are available across the city of Chicago right now and that rent for less than $1,500 per month and generally cheap studio apartments are found near downtown. Of course, renters will have different budgets in mind when they're searching for cheap apartments -- and it should be noted that there's no one-size-fits-all definition.

The majority of apartments for rent in Chicago are affordable apartments. Using the search criteria of $1,500 per month or less, about 60% of the city’s listings meet this threshold for a cheap apartment or condo for rent. That’s not to say that rents are trending downward in Chicago. Many neighborhoods have experienced rising rents in the past decade, but if renters are searching for an apartment based on price alone they will still find a plethora of affordable apartments all around the city, mainly studio apartments. Given the nature of rising rents and newer properties concentrated in the downtown neighborhoods of Chicago, most affordable places are farther out from downtown.