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
Studio to 2 Bedroom Apartments

507 Denise Ct

507 Denise CtAddison, IL 60101
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Villabrook
1 Bedroom Apartments

Villabrook

125 S Villa AveAddison, IL 60101
  • Utilities Included

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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.

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Indian Trail Apartments
1 to 3 Bedroom Apartments

Indian Trail Apartments

601-639 Meadows BlvdAddison, IL 60101
  • Utilities Included
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580 N Mill Rd
2 Bedroom Apartments

580 N Mill Rd

580 N Mill RdAddison, IL 60101
  • Utilities Included

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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Stonegate
1 to 3 Bedroom Apartments

Stonegate

440 N Gregory AveGlendale Heights, IL 60139
Furnished
  • Utilities Included
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330 N Ardmore Ave
1 to 2 Bedroom Apartments

330 N Ardmore Ave

330 N Ardmore AveVilla Park, IL 60181
  • Utilities Included
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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

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Willow Lake
1 to 2 Bedroom Apartments

Willow Lake

21W547 North AveLombard, IL 60148
  • Utilities Included
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Liberty Village
Studio to 2 Bedroom Apartments

Liberty Village

415 N York StElmhurst, IL 60126
Senior Living

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Marshall Place
1 to 2 Bedroom Apartments

Marshall Place

1005 Argyle StBensenville, IL 60106
  • Utilities Included
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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 Studio unit found at Elmhurst Terrace in the Elmhurst City Centre neighborhood priced from $1,293. Ellyn Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here is today’s list of the most affordable Addison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Elmhurst TerraceStanleyStudio,1BA$1,293
Ellyn CrossingAddison1BR,1BA$1,300
400 East1 bedroom1BR,1BA$1,399
The BenningtonFour 60Studio,1BA$1,411
Medinah Terrace Apartments1 Bed 1 Bath B Renovated Level 31BR,1BA$1,530
Park 150 ApartmentsLincoln1BR,1BA$1,820

Best Value Apartments for Rent in Addison, IL

As of September 09, 2025 the best value apartment in the Addison area is the $1.46 price per square foot 5N426 Rohlwing Rd Model at 5N426 Rohlwing Rd, Unit 1 in the in the Bristol Park neighborhood starting from $2,900. The second greatest value Addison apartment is the 2BR/2.0BA Model at Roselle Station Apartments starting at $2,443 with a $1.84 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.
5N426 Rohlwing Rd, Unit 15N426 Rohlwing Rd2BR,2.5BA$1.46
Roselle Station Apartments2BR/2.0BA2BR,2BA$1.84
260 E Lake St, Unit 1W260 E Lake St2BR,1BA$1.45
1045 David Dr, Unit 2W1045 David Dr2BR,1BA$1.59
A&K Luxury Apartments1B/1B w/Dining or Home Office1BR,1BA$1.93
Park 150 ApartmentsJefferson1BR,1BA$2.45
630 N Lincoln Ave, Unit ONE BED630 N Lincoln Ave1BR,1BA$2.00
Medinah Terrace Apartments1 Bed 1 Bath B Renovated W/D Ground Level1BR,1BA$2.32
400 East1 bedroom1BR,1BA$2.19
Ellyn CrossingAddison1BR,1BA$2.25

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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!

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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

What is the Cheapest Studio apartment in Addison?

Currently the most affordable Cheap Studio Apartment in Addison is at Elmhurst Terrace listed at $1,293.

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

The lowest price for a Cheap One Bedroom Addison Apartment is $1,300 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 $1,699 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.

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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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.