Cheap Apartments for Rent in Addison, IL from $700 (37 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
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.

Maple Crossing Apartments

230 W Division St

Deer Glen Apartments

Elmhurst Terrace

Ellyn Crossing

Regents Park Apartments

Brook Forest Apartments

Burnwood Apartments
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.

400 East

The Bennington

Linden Towers *Washer & Dryer in Apartment*

Springhill
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.
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.
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 | $1,483 | $1,293 | $1,979 |
Cheap Addison 1 Bedroom Apartments | $1,911 | $1,225 | $3,750 |
Cheap Addison 2 Bedroom Apartments | $2,618 | $1,115 | $4,042 |
Cheap Addison 3 Bedroom Apartments | $4,688 | $2,200 | $7,012 |
Cheap Addison 4 Bedroom Apartments | $6,330 | $6,330 | $6,330 |
Browse Top Apartments in Addison
See all Apartments in AddisonExplore Addison
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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Elmhurst Terrace | Stanley | Studio,1BA | $1,293 |
Ellyn Crossing | Addison | 1BR,1BA | $1,300 |
400 East | 1 bedroom | 1BR,1BA | $1,399 |
The Bennington | Four 60 | Studio,1BA | $1,411 |
Medinah Terrace Apartments | 1 Bed 1 Bath B Renovated Level 3 | 1BR,1BA | $1,530 |
Park 150 Apartments | Lincoln | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
5N426 Rohlwing Rd, Unit 1 | 5N426 Rohlwing Rd | 2BR,2.5BA | $1.46 |
Roselle Station Apartments | 2BR/2.0BA | 2BR,2BA | $1.84 |
260 E Lake St, Unit 1W | 260 E Lake St | 2BR,1BA | $1.45 |
1045 David Dr, Unit 2W | 1045 David Dr | 2BR,1BA | $1.59 |
A&K Luxury Apartments | 1B/1B w/Dining or Home Office | 1BR,1BA | $1.93 |
Park 150 Apartments | Jefferson | 1BR,1BA | $2.45 |
630 N Lincoln Ave, Unit ONE BED | 630 N Lincoln Ave | 1BR,1BA | $2.00 |
Medinah Terrace Apartments | 1 Bed 1 Bath B Renovated W/D Ground Level | 1BR,1BA | $2.32 |
400 East | 1 bedroom | 1BR,1BA | $2.19 |
Ellyn Crossing | Addison | 1BR,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!
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 $1,293.
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.

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.

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.

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.

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.