Cheap Apartments for Rent in Addison, IL from $700 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Addison.

630 N Lincoln Ave, Unit ONE BED

419 W Stevens Dr, Unit ONE BED

827 College Blvd

Ellyn Crossing

230 W Division St

Deer Glen Apartments

Maple Crossing Apartments

Elmhurst Terrace

Regents Park Apartments

The Bennington

Brook Forest Apartments

Burnwood Apartments

400 East

446 N Ardmore Ave
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 | $1,449 | $1,308 | $2,055 |
| Cheap Addison 1 Bedroom Apartments | $1,923 | $1,150 | $3,750 |
| Cheap Addison 2 Bedroom Apartments | $2,506 | $1,115 | $4,024 |
| Cheap Addison 3 Bedroom Apartments | $5,795 | $5,244 | $6,722 |
| Cheap Addison 4 Bedroom Apartments | $4,515 | $4,512 | $4,518 |
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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. Ellyn Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. 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 |
| Ellyn Crossing | Addison | 1BR,1BA | $1,150 |
| Elmhurst Terrace | Stanley | Studio,1BA | $1,308 |
| The Bennington | Four 60 | Studio,1BA | $1,332 |
| 400 East | 1 bedroom | 1BR,1BA | $1,399 |
| Salt Creek | 1br/1ba | 1BR,1BA | $1,499 |
| Medinah Terrace Apartments | 1 Bed 1 Bath B Renovated Level 2 | 1BR,1BA | $1,515 |
| 580 N Mill Rd | 2 Bedroom | 2BR,1BA | $1,575 |
Best Value Apartments for Rent in Addison, IL
As of October 25, 2025 the best value apartment in the Addison area is the $1.84 price per square foot 2BR/2.0BA Model at Roselle Station Apartments in the starting from $2,443. The second greatest value Addison apartment is the 430 W Stevens Dr Model at 430 W Stevens Dr, Unit TWO BEDS starting at $1,750 with a $1.75 price per square foot in the Michael Lane Area neighborhood. 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 | $1.84 |
| 430 W Stevens Dr, Unit TWO BEDS | 430 W Stevens Dr | 2BR,1BA | $1.75 |
| 440 W Stevens Dr, Unit TWO BEDS | 440 W Stevens Dr | 2BR,1BA | $1.75 |
| Addison Horizon | 2 Bedroom | 2BR,1BA | $1.21 |
| 127 N Addison Ave, Unit 127-3 N. Addison Ave | 127 N Addison Ave | 1BR,1BA | $1.86 |
| 580 N Mill Rd | 2 Bedroom | 2BR,1BA | $1.80 |
| 1039 David Dr, Unit 1E | 1039 David Dr | 1BR,1BA | $2.13 |
| 1039 David Dr, Unit 1E | 1039 David Dr | 1BR,1BA | $2.00 |
| 630 N Lincoln Ave, Unit ONE BED | 630 N Lincoln Ave | 1BR,1BA | $2.00 |
| 265 Nordic Rd, Unit GW | 265 Nordic Rd | 1BR,1BA | $1.71 |
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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
See the most popular apartments and homes in Addison, IL
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,308.
How much is rent for a Cheap One Bedroom Addison Apartment?
The lowest price for a Cheap One Bedroom Addison Apartment is $1,150 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
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.























