
Cheap Apartments for Rent in Addison, IL from $700 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Addison.


191 S Villa Ave

Prairieview Apartments

Chablis

507 Denise Ct

Salt Creek

Indian Trail Apartments

Maple Crossing Apartments

230 W Division St
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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Elmhurst Terrace

Springhill

Deer Glen Apartments

Ellyn Crossing

446 N Ardmore Ave

Regents Park Apartments

Total Monthly Price
565 Sidney Ave, Unit C

114 W Green St

Brook Forest Apartments
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Burnwood Apartments

Linden Towers *Washer & Dryer in Apartment*

Stonegate

330 N Ardmore Ave

Dolores Place Apartments

Dolores Place Apartments

231 S Villa Ave

Country Club View Apartments

Willow Lake
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Liberty Village

Division Falls Apartments

12 Unit Apartment Building

12 Unit Apartment Building

Urban Eq-140 East Lake

Villa Garden Apartments

1151 DAVID DRIVE

Marshall Place

400 East
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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Addison, IL Local Guide

How much does it cost to rent an apartment in Addison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Addison Studio Apartments | $1,429 | $1,303 | $2,159 |
| Cheap Addison 1 Bedroom Apartments | $2,059 | $1,275 | $5,537 |
| Cheap Addison 2 Bedroom Apartments | $2,570 | $1,115 | $7,940 |
| Cheap Addison 3 Bedroom Apartments | $4,689 | $4,562 | $4,799 |
Browse Top Apartments in Addison
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Addison, IL Local Guide

- Addison Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Addison Apartments for Rent
 The cheapest available apartment rental in Addison, IL is a 2 Beds unit found at Addison Horizon in the Michael Lane Area neighborhood priced from $1,115. Elmhurst Terrace in the Elmhurst City Centre neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,303. Here is today’s list of the most affordable Addison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Addison Horizon | 2 Bedroom | 2BR,1BA | $1,115 |
| Elmhurst Terrace | Stanley | Studio,1BA | $1,303 |
| Ellyn Crossing | Addison | 1BR,1BA | $1,346 |
| Brook Forest Apartments | 1 Bedroom | 1BR,1BA | $1,435 |
| Medinah Terrace Apartments | 1 Bed 1 Bath B Renovated | 1BR,1BA | $1,520 |
| Regents Park Apartments | 1 Bedroom Apartment Home | 1BR,1BA | $1,525 |
| The Bennington | Seven 70 | 1BR,1BA | $1,539 |
| Wilshire Towers Apartments | 1x1 | 1BR,1BA | $1,550 |
| Royal Grove Apartments | Newly Remodeled 1BR with Huge Walk-in Closet Wi... | 1BR,1BA | $1,699 |
| Orchard Lakes Apartments | Carlysle | 2BR,2BA | $1,760 |
Best Value Apartments for Rent in Addison, IL
As of March 11, 2026 the best value apartment in the Addison area is the $1.82 price per square foot 2BR/2.0BA Model at Roselle Station Apartments in the starting from $2,408. The second greatest value Addison apartment is the B1 Model at Springhill starting at $1,865 with a $1.56 price per square foot . Here is today’s list of the best values for Addison apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Roselle Station Apartments | 2BR/2.0BA | 2BR,2BA | $1.82 |
| Springhill | B1 | 2BR,2BA | $1.56 |
| Orchard Lakes Apartments | Carlysle | 2BR,2BA | $1.69 |
| 430 W Stevens Dr, Unit TWO BEDS | 430 W Stevens Dr | 2BR,1BA | $1.80 |
| 1040 S York Rd, Unit 1N | 1040 S York Rd | 2BR,1.5BA | $1.80 |
| 440 W Stevens Dr, Unit TWO BEDS | 440 W Stevens Dr | 2BR,1BA | $1.80 |
| Linden Towers *Washer & Dryer in Apartment* | Two Bedroom #213 | 2BR,2BA | $1.92 |
| Addison Horizon | 2 Bedroom | 2BR,1BA | $1.21 |
| The Bennington | Seven 70 | 1BR,1BA | $2.00 |
| Brook Forest Apartments | 1 Bedroom | 1BR,1BA | $1.91 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Addison Overview
Located in the greater Chicago Metro Area, Addison is a charming and desirable city that practically defines the midwesternly term of 'quaint'. With a population of just over 35,000, this blue collar locale is a combination of retirees, Chicago commuters and fledgling students.
Why live in Addison, IL?
Offering a realxed ambiance and plenty of that famous mid-western charm, apartments for rent in Addison make an excellent option for anyone in the market for a new Illinois domicile. Flush with quaint eateries, public parks, and an easy commute to the big city of Chicago, this is one centralized locale well worthy of your consideration.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Addison, IL Rentals by Map
See the most popular apartments and homes in Addison, IL
Frequently Asked Questions about Cheap Addison Apartments
What is the Cheapest Studio apartment in Addison?
Currently the most affordable Cheap Studio Apartment in Addison is at Elmhurst Terrace listed at $1,303.
How much is rent for a Cheap One Bedroom Addison Apartment?
The lowest price for a Cheap One Bedroom Addison Apartment is $1,346 at Ellyn Crossing.
What is the lowest price for a Cheap Two Bedroom Addison Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Addison is starting from $1,115 at Addison Horizon.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.