Cheap Homes for Rent in Addison, IL from $1,500 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Addison.

property at 1044 S York Rd

1044 S York Rd

BensenvilleIL60106

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.

Read Article

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.

Read Article
property at 1255 Pearl Ave

1255 Pearl Ave

Glendale HeightsIL60139

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.

Read Article
Showing Results 1-16, Page 1 of 1

Addison, IL Local Guide

Cheapest Available Addison Apartments for Rent

 

The cheapest available apartment rental in Addison, IL is a 1 Bed unit found at Maple Crossing Apartments in the Elmhurst City Centre neighborhood priced from $1,255. Liberty Village in the Elmhurst City Centre neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,302. Here is today’s list of the most affordable Addison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Maple Crossing ApartmentsOne Bedroom1BR,1BA$1,255
Liberty Village1 Bed, 1 bath1BR,1BA$1,302
400 East1 bedroom1BR,1BA$1,399
Wilshire Towers Apartments1x11BR,1BA$1,550
Medinah Terrace Apartments1 Bed 1 Bath B Renovated Level 21BR,1BA$1,580

Best Value Apartments for Rent in Addison, IL

As of August 03, 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
A&K Luxury Apartments1B/1B w/Dining or Home Office1BR,1BA$1.93
The BenningtonTen 302BR,2BA$1.95
126 N Maple Ave, Unit 2126 N Maple Ave2BR,1BA$1.84
Maple Crossing ApartmentsOne Bedroom1BR,1BA$1.79
Wilshire Towers Apartments1x11BR,1BA$2.21
400 East1 bedroom1BR,1BA$2.19
Liberty Village1 Bed, 1 bath1BR,1BA$2.15

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Addison

What type of rentals are currently available in Addison?

There are currently 484 Apartments for Rent in Addison, IL with pricing that ranges from $1,115 to $8,750. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in Addison ranging from $1,550 to $6,450.

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 $1,550 to $6,450 with an average monthly rent of $3,349.

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.