SeattleChange
Private room available NOW, in our cozy 3 bedroom flat in Bridgeport! (Temporary or Permanent). Super ideal for students!Whatsapp Rent : 375/month + utilities• Heaters available• Fully equipped kitchen (Stove, Oven, Fridge)• 5 min walk to Illinois Tech• No more ...
University nearby: VanderCook College of Music
Occupation: Don't mind/No preference
Very close to midway airport and public transportation.
University nearby: City Colleges of Chicago-Richard J Daley College
Occupation: Don't mind/No preference
Hi. I have private spacious room available in spacious apartment with all utilities included. Please contact if interested.
University nearby: Triton College
Occupation: Don't mind/No preference
My existing tenant is moving out and will be back somewhere in 2026. The accommodation is available for a short/long term and can do month on month basis. Looking for a working professional. Indian female roommates preferred. No scammers please and serious inquiri...
University nearby: Adler University
Occupation: Don't mind/No preference
Large and clean room available in my furnished two bedroom apartment,the room for rent is already furnished and utilities included in the rent,private bath and toilet,my building is walk able to many stores,and bus station.Get in...
University nearby: Triton College
Occupation: Don't mind/No preference
Single private room available with shared bathroom in tri Taylor area close to all hospitals and UIC university areaIncludes weekly cleaningLaundry pay per use availableTexting is preferable ...
University nearby: Chicago Public Schools
Occupation: Don't mind/No preference
Shared Room in Chicago -$750 per month without food and all inclusiveRooms available with Gujrathi vegetarian family$750 per month with food and all inclusive like gas electricity and high speed internetNear CTA (Train) and Bus stationWell connected with Chicago D...
University nearby: North Park University
Occupation: Don't mind/No preference
$750 room booked$500 room available from 1st Oct 2025I have 3 bed room condo in which 1 separate bedroom without attached bath is available for rent immediately This is in Devon area in Chicago city which is called Little India ...
University nearby: VanderCook College of Music
Occupation: Professionals only allowed
Chicago’s reputation as one of America’s most distinctive cities owes a lot to the electric atmosphere and vibrant culture that defines Downtown Chicago. Iconic sites like Grant Park, Soldier Field, the Chicago Theatre, Navy Pier...
University nearby: Taylor Business Institute
Occupation: Don't mind/No preference
Looking for a quiet, clean, and convenient place to call home? We’re offering a spacious room for rent in a beautifully maintained house located in one of North Chicago’s most desirable neighborhoods.??? The Room:Bright Generous closet spaceCan be furnished or unf...
University nearby: Northeastern Illinois University
Occupation: Don't mind/No preference
Fully furnished single room available in a 3 bed 2 bathroom apartment in Lake View East which is just 20 minutes away from downtown Chicago. There is a bus stop right in front of the apartment to go to downtown with express bus f...
University nearby: VanderCook College of Music
Occupation: Professionals only allowed
Affordable Room Rentals in Chicago: Rooms for Rent Under $500 near Top Universities and Landmarks
Finding an affordable room for rent in Chicago can be a challenge, especially in a city with such a bustling real estate market. However, if you are seeking budget-friendly options, there are plenty of rooms for rent starting at $300 a month. Whether you're a student, professional, or someone looking to explore the Windy City, finding a $400 room or a furnished room for rent under $500 is both possible and practical.
Budget-Friendly Room Rentals in Chicago
Chicago offers a range of affordable rental options, especially in neighborhoods surrounding universities, business districts, and popular landmarks. Rooms for rent in under $500 are available in various areas of the city, making it easier to secure an affordable living space without compromising on convenience or comfort. For example, you can find rooms for rent $300 a month or slightly higher in neighborhoods such as Edgewater, Rogers Park, and Hyde Park. These neighborhoods offer a mix of affordable living, proximity to key institutions, and easy access to public transportation, making them perfect for students and professionals alike.
Nearby Universities and Landmarks
Chicago is home to several prestigious universities, including the University of Chicago, DePaul University, and Northwestern University. These institutions attract students from all over the world, which has contributed to the demand for budget-friendly accommodations like rooms for rent. If you're attending one of these universities, finding a $400 room for rent is a feasible option, especially in nearby neighborhoods.
In addition to universities, Chicago is rich in cultural landmarks and recreational areas. From the iconic Millennium Park to the beautiful shores of Lake Michigan, the city offers plenty to explore. For nature lovers, Lincoln Park and Grant Park are just a short commute away, providing green spaces for relaxation and recreation.
Neighborhoods Offering Affordable Rentals
Edgewater, located on the city’s north side, offers a range of rooms for rent for those seeking proximity to Loyola University and the lakefront. With rental prices starting at $300, Edgewater is a great neighborhood for those looking for an affordable living option. Similarly, the Hyde Park neighborhood is home to the University of Chicago and offers a variety of rooms for rent under $500, making it ideal for students or anyone looking to live near the South Side's cultural and educational landmarks.
Find the Perfect Room for Rent Under $500 in Chicago
No matter your budget, you can find a room that suits your needs in Chicago. Whether you're interested in a furnished room for rent for $300 a month or a more spacious option near top universities and landmarks, Chicago’s rental market has something to offer. Explore neighborhoods with affordable rental options, and enjoy all that the city has to offer without breaking the bank.
By securing a room in these budget-friendly areas, you’ll be able to experience the best of Chicago without exceeding your rental budget. Find your perfect room for rent today.
The average rent in Chicago, IL is $933, a 0% decrease compared to the previous year.