243 Dalewood Ave
Wood DaleIL60191
Cheap Homes for Rent in Addison, IL from $800 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Addison.
140 E Lake St, Unit 9B
140 E Lake St
ElmhurstIL60126
300 W Fullerton Ave, Unit 322, Unit 322
300 W Fullerton Ave
AddisonIL60101
417 W Stone Ave
AddisonIL60101
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$1,4501 Bedroom Apartments Available Now
191 S Villa Ave
191 S Villa AveAddison, IL 60101
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
620 Lincoln Ave, Unit 30G
620 Lincoln Ave
AddisonIL60101
347 Dalewood Ave
Wood DaleIL60191
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$1,6501 Bedroom Apartments Available Jun 15
15 E Maple St, Unit na
15 E Maple StLombard, IL 60148
620 Lincoln Ave
AddisonIL60101
744 Briar Hill Ln
AddisonIL60101
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.
21W581 North Ave
LombardIL60148
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Addison, IL Local Guide
How much does it cost to rent a home in Addison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Addison 2 Bedroom Homes for Rent | $2,347 | $1,625 | $3,200 |
| Addison 3 Bedroom Homes for Rent | $2,953 | $2,795 | $3,200 |
| Addison 4 Bedroom Homes for Rent | $4,457 | $2,745 | $5,800 |
| Addison 5 Bedroom Homes for Rent | $7,000 | $7,000 | $7,000 |
Browse Top Homes for Rent in Addison
Explore Addison
Addison, IL Local Guide
- Addison Neighborhoods
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Cheapest Available Addison Apartments for Rent
The cheapest available apartment rental in Addison, IL is a 1 Bed unit found at Elmhurst Terrace in the Elmhurst City Centre neighborhood priced from $1,368. Brook Forest Apartments in the Elmhurst City Centre neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,435. Here is today’s list of the most affordable Addison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elmhurst Terrace | Wrigley | 1BR,1BA | $1,368 |
| Brook Forest Apartments | 1 Bedroom | 1BR,1BA | $1,435 |
| The Bennington | Seven 70 | 1BR,1BA | $1,583 |
| Wilshire Towers Apartments | 1x1 | 1BR,1BA | $1,585 |
| Nazar | 1 bed / 1 bath | 1BR,1BA | $1,600 |
Best Value Apartments for Rent in Addison, IL
As of May 08, 2026 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 2 Bed Plus Model at Aria Luxury Apartments starting at $2,798 with a $1.92 price per square foot in the Metra-Bensenville Station 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. |
|---|---|---|---|
| 5N426 Rohlwing Rd, Unit 1 | 5N426 Rohlwing Rd | 2BR,2.5BA | $1.46 |
| Aria Luxury Apartments | 2 Bed Plus | 2BR,2BA | $1.92 |
| Roselle Station Apartments | 2BR/2.0BA | 2BR,2BA | $1.75 |
| Springhill | B1 | 2BR,2BA | $1.56 |
| 1039 David Dr, Unit 2E | 1039 David Dr | 2BR,1BA | $1.59 |
| A&K Luxury Apartments | 1B/1B w/Dining or Home Office | 1BR,1BA | $2.03 |
| Linden Towers *Washer & Dryer in Apartment* | Two Bedroom #213 | 2BR,2BA | $1.92 |
| Nazar | 1 bed / 1 bath | 1BR,1BA | $1.88 |
| The Bennington | Seven 70 | 1BR,1BA | $2.06 |
| 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 Article
Best 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 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
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Explore Addison, IL Rentals by Map
See the most popular apartments and homes in Addison, IL
Frequently Asked Questions about Addison
What type of rentals are currently available in Addison?
There are currently 481 Apartments for Rent in Addison, IL with pricing that ranges from $1,275 to $14,704. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Addison ranging from $800 to $7,000.
What is the current price range for Rental Homes in Addison?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Addison ranges from $800 to $7,000 with an average monthly rent of $3,628.
How much are larger Three and Four Bedroom Rentals in Addison?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Addison range from $4,976 to $5,151, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,795 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,745 and Four Bedroom Apartments start at $10,000.
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.
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.