Cheap Apartments for Rent in Addison, IL from $700 (37 Rentals)

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Chablis
1 to 2 Bedroom Apartments

Chablis

610 N Lincoln AveAddison, IL 60101
Corporate Housing
  • Utilities Included
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507 Denise Ct
2 Bedroom Apartments

507 Denise Ct

507 Denise CtAddison, IL 60101

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Villabrook
1 Bedroom Apartments

Villabrook

125 S Villa AveAddison, IL 60101
  • Utilities Included
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Indian Trail Apartments
1 to 3 Bedroom Apartments

Indian Trail Apartments

601-639 Meadows BlvdAddison, IL 60101
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

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.

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Stonegate
1 to 2 Bedroom Apartments

Stonegate

440 N Gregory AveGlendale Heights, IL 60139
Furnished
  • Utilities Included
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330 N Ardmore Ave
1 Bedroom Apartments

330 N Ardmore Ave

330 N Ardmore AveVilla Park, IL 60181
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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231 S Villa Ave
1 to 2 Bedroom Apartments

231 S Villa Ave

231 S Villa AveVilla Park, IL 60181
  • Utilities Included
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Willow Lake
1 to 2 Bedroom Apartments

Willow Lake

21W547 North AveLombard, IL 60148
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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1151 DAVID DRIVE
1 Bedroom Apartments

1151 DAVID DRIVE

1151 David DrBensenville, IL 60106

Addison, IL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Available Addison Apartments for Rent

 

The cheapest available apartment rental in Addison, IL is a 1 Bed unit found at Liberty Village in the Elmhurst City Centre neighborhood priced from $1,302. Elmhurst Terrace in the Elmhurst City Centre neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,368. Here is today’s list of the most affordable Addison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Liberty Village1 Bed, 1 bath1BR,1BA$1,302
Elmhurst TerraceWrigley1BR,1BA$1,368
400 East1 bedroom1BR,1BA$1,399
Medinah Terrace Apartments1 Bed 1 Bath B Renovated Level 21BR,1BA$1,580
Park 150 ApartmentsLincoln1BR,1BA$1,840
A&K Luxury Apartments1B/1B w/Dining or Home Office1BR,1BA$2,000

Best Value Apartments for Rent in Addison, IL

As of July 25, 2025 the best value apartment in the Addison area is the $1.30 price per square foot 851 S Addison Rd Model at 851 S Addison Rd, Unit 1 in the in the Elmhurst City Centre neighborhood starting from $2,150. The second greatest value Addison apartment is the 2BR/2.0BA Model at Roselle Station Apartments starting at $2,295 with a $1.73 price per square foot . Here is today’s list of the best values for Addison apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
851 S Addison Rd, Unit 1851 S Addison Rd3BR,1.5BA$1.30
Roselle Station Apartments2BR/2.0BA2BR,2BA$1.73
260 E Lake St, Unit 1W260 E Lake St2BR,1BA$1.50
Elite Luxury Apartments2 bedroom JR2BR,1BA$2.56
A&K Luxury Apartments1B/1B w/Dining or Home Office1BR,1BA$1.93
Park 150 ApartmentsJefferson1BR,1BA$2.45
Ovaltine CourtLoft 787 SF (private entry)1BR,1BA$2.81
Medinah Terrace Apartments1 Bed 1 Bath B Renovated Level 21BR,1BA$2.29
400 East1 bedroom1BR,1BA$2.19
Liberty Village1 Bed, 1 bath1BR,1BA$2.15

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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

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Getting Around Addison, IL

Walk Score®

47 / 100

Car-Dependent

Most errands require a car

Bike Score®

48 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Addison Apartments

How much is rent for a Cheap One Bedroom Addison Apartment?

The lowest price for a Cheap One Bedroom Addison Apartment is $1,302 at Liberty Village.

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 $1,699 at 400 East.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.