Cheapest Student Accommodations in Chicago: Are you finding it hard to get pocket-friendly student accommodation in Chicago? Are you looking for some cheap student accommodation options to choose from? Well, moving to a completely new city and neighbourhood can seem a bit daunting at first! And, finding a suitable accommodation may seem like an uphill battle, but believe it or not, it isn’t as hard as it seems!
All you need to have is a list of suitable accommodation options – an accommodation that is affordable, close to your university, eating spots, and market, and is located in a safe neighbourhood. To make your search easier, we have thoughtfully prepared a list of student accommodations for you, keeping in mind your needs and requirements. Let’s find out which one could be your potential ‘new home’ from these options!
Table of contents
Also Read: Thrift Shops in Chicago
| Accommodations | Prices |
| 5445 S Ingleside Avenue | USD 149/week |
| 5748 Blackstone Avenue | USD 163/week |
| 5540 S Hyde Park Boulevard | USD 169/week |
| 731 S. Plymouth | USD 472/week |
| Stylish Apartment Near the Magnificent Mile | USD 266/week |
Factors That Affect Accommodation Costs in Chicago
When searching for affordable student housing in Chicago, several key factors influence the overall cost. Understanding these can help you find a place that fits both your budget and lifestyle needs.
1. Location Proximity to Campus or Downtown:
Accommodations closer to universities like UIC, DePaul, or Loyola – or near downtown – are typically more expensive due to high demand and convenience.
2. Type of Housing:
Shared rooms or dorm-style accommodations are usually cheaper than private studios or one-bedroom apartments. Student-specific housing often offers better value for money.
3. Included Utilities and Amenities:
Rent may be higher if utilities (like electricity, water, and internet) and amenities (like gyms, study lounges, or security) are included, but this could save money overall.
4. Lease Terms and Flexibility:
Short-term leases or fully furnished options tend to cost more per month than long-term, unfurnished rentals due to added convenience and flexibility.
5. Neighborhood and Safety:
Safer or more trendy neighborhoods (like Lincoln Park or the West Loop) usually come with a premium. Lesser-known areas can offer cheaper options, but may require trade-offs in travel time or amenities.
Top 5 Cheapest Student Accommodations in Chicago
Finding budget-friendly student housing in a city like Chicago can be challenging, but there are several great options that won’t break the bank. Here are the top 5 cheapest student accommodations that offer both affordability and essential amenities.
1. 5445 S Ingleside Avenue
5445 S Ingleside Avenue is a viable option for students as the place offers all the major amenities needed by students. The amenities include vending machines, laundry, a computer room, bike storage, a games area, an on-site gym, a business centre, bike storage, and a communal kitchen. The building offers rooms of different sizes and prices, and the room comes with a plush and comfortable bed, a work desk, a chair, a wardrobe, and shelving units.
There are countless shops, pubs, and eateries surrounding this property, such as Maravillas Restaurant and Roanoke Restaurant. The neighbourhood is safe and secure and has many parks, including Washington (George) Park.
2. 5748 Blackstone Avenue
5748 Blackstone Avenue is a good option for student accommodation due to its proximity to some of the most famous universities, including the University of Chicago. The rooms here are very spacious and aesthetic, but also reasonably priced and come with a lot of modern amenities. Some of the things that you will get in this building include laundry services, Wi-Fi, a gymnasium, and storage space for bikes. The rooms come with private attached bathrooms, and there is a feature of keyless entry to the rooms, which means that you have sole access to your room.
The building has cost-effective facilities like vending machines, arcade games, and an on-site cyber hub with free printing facilities. The best part about this student housing in the USA is that it is very close to the beach.
3. 5540 S Hyde Park Boulevard
5540 S Hyde Park Boulevard is located in a prime location, and many restaurants and cafes lie within walking distance from this property. The Boulevard is considered one of the best student housing properties in Chicago. The building provides multiple rooms to choose from and comes with all modern amenities. The two major options available at this property are En-Suite rooms and Studio rooms.
The modern amenities available here include private bathrooms, double beds, and a personal working area with optional furnishings and closets. Some other facilities include a common dining area, a gaming room, laundry, and a study lounge, which also comes with an adjacent printing station.
4. 731 S. Plymouth
731 S. Plymouth is located in the heart of Chicago and is very close to the beach. The place has fantastic decor and is aesthetically pleasing. This building has excellent architectural designs, and its grandness makes it a favourite pick among the student community. The rooms in this student accommodation in Chicago have double beds and private bathrooms, along with all modern facilities.
Some modern amenities available at this property include a gymnasium, Wi-Fi, a bike storage area, laundry, a study lounge, 24/7 CCTV surveillance, and a keyless entry feature. The place also has social spaces inside the building, including a gaming lounge, a business centre, and communal spaces.
Also Read: The Ultimate Guide to Student Shopping Districts in the USA
5. Stylish Apartment Near the Magnificent Mile
Stylish Apartment Near the Magnificent Mile provides a naturally well-lit environment. All the rooms here come with windows that let in natural light and fresh air. All the rooms come with a comfortable and cosy bed, a study table, and a chair. Some other amenities that this student accommodation provides include high-speed WiFi, contents insurance, CCTV, on-site security, laundry services, and wardrobe. A fully functional kitchen area with appliances like a microwave and refrigerator is also available for students.
FAQs
Some of the reasonably priced student accommodations in Chicago include 5445 S Ingleside Avenue, 5748 Blackstone Avenue, and 5540 S Hyde Park Boulevard.
No, it is not difficult to find accommodation in Chicago as the city has plenty of options. You can look for the best option that suits your needs and book it before you move to the city.
Though it seems like that it might be unreasonably expensive to live in Chicago, it isn’t if you take an affordable student housing option and manage your expenses frugally.
Student housing in Chicago typically ranges from USD 700 to USD 1,200 per month, depending on location, room type, and included amenities. Shared accommodations tend to be more affordable than private studios or apartments.
Some of the cheapest places to live in Chicago for students include Pilsen, Rogers Park, and Hyde Park, offering affordable rents and decent public transport. These neighborhoods balance cost with accessibility to major universities.
On average, students in Chicago can expect to spend USD 1,200 to USD 1,800 per month on living expenses, including rent, food, transport, and utilities. Costs vary based on lifestyle and accommodation choices.
Yes, Chicago can be relatively expensive for international students due to high rent and general living costs. However, with careful budgeting and choosing affordable housing, it’s possible to manage expenses effectively.
Some of the safest parts of Chicago include neighborhoods like Lincoln Park, Lakeview, and Edison Park, known for their low crime rates and student-friendly environments. These areas also offer good public transport and amenities.
Yes, Chicago is a great city for international students, offering top-ranked universities, cultural diversity, and strong academic support. It also provides rich career opportunities and vibrant city life.
Downtown Chicago, particularly areas like the Loop and River North, is generally safe with a high level of security and police presence. However, like any major city, it’s important to stay aware of your surroundings, especially late at night.
This blog includes the details about the Cheapest Student Accommodations in Chicago. If you are a student looking for comfortable student accommodation options that are affordable then you must consider the above-mentioned properties. Choose a student accommodation that best suits your preferences and needs. Happy staying in Chicago!
For booking the best accommodation abroad to start your study abroad experience you can contact Fly Homes at 1800572118.
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