
Cheap Homes for Rent in Addison, IL from $800 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Addison.


1004 Argyle St

419 N Princeton Ave

847 College Blvd

214 S Westmore-Meyers Rd

622 Lincoln Ave
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.

622 Lincoln Ave

430 Stevens Dr

630 Lincoln Ave

520 N Mill Rd

Furnished Studio-Chicago - Itasca

440 Stevens Dr
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.

630 Lincoln Ave

622 Lincoln Ave

430 Stevens Dr

685 E Fullerton Ave

922 W Irving Park Rd

479 James Ct
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!
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 | $2,273 | $1,300 | $3,400 |
| Addison 3 Bedroom Homes for Rent | $2,756 | $2,250 | $3,495 |
| Addison 4 Bedroom Homes for Rent | $4,156 | $2,600 | $5,750 |
| Addison 5 Bedroom Homes for Rent | $4,002 | $2,910 | $5,000 |
Browse Top Homes for Rent in Addison
Explore 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 2 Beds unit found at Addison Horizon in the Michael Lane Area neighborhood priced from $1,115. Elmhurst Terrace in the Elmhurst City Centre neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,280. 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 |
| Elmhurst Terrace | Stanley | Studio,1BA | $1,280 |
| Maple Crossing Apartments | One Bedroom | 1BR,1BA | $1,290 |
| Ellyn Crossing | Addison | 1BR,1BA | $1,300 |
| The Bennington | Seven 70 | 1BR,1BA | $1,378 |
Best Value Apartments for Rent in Addison, IL
As of February 05, 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 210 N Addison Ave #401 Model at 210 N Addison Ave #401, Unit 401 starting at $2,900 with a $2.15 price per square foot in the Elmhurst City Centre 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 |
| 210 N Addison Ave #401, Unit 401 | 210 N Addison Ave #401 | 2BR,2BA | $2.15 |
| Springhill | B1 | 2BR,2BA | $1.56 |
| 440 W Stevens Dr, Unit TWO BEDS | 440 W Stevens Dr | 2BR,1BA | $1.75 |
| 430 W Stevens Dr, Unit TWO BEDS | 430 W Stevens Dr | 2BR,1BA | $1.75 |
| Linden Towers *Washer & Dryer in Apartment* | Two Bedroom #813 | 2BR,2BA | $1.79 |
| Addison Horizon | 2 Bedroom | 2BR,1BA | $1.21 |
| The Bennington | Eight 72 Den | 1BR,1BA | $1.91 |
| Brook Forest Apartments | 1 Bedroom | 1BR,1BA | $1.91 |
| 627 N Lincoln Ave, Unit J01P | 627 N Lincoln Ave | 1BR,1BA | $2.14 |
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 ArticleBest 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 ArticleThe 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 ArticleCash 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 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 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.
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
Frequently Asked Questions about Addison
What type of rentals are currently available in Addison?
There are currently 487 Apartments for Rent in Addison, IL with pricing that ranges from $1,115 to $16,020. There are also 77 Single Family Homes for rent, Condos, and Townhome rentals currently available in Addison ranging from $800 to $5,750.
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 $5,750 with an average monthly rent of $2,909.
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 $4,799 to $5,092, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,250 to $3,495. Four Bedroom Single-Family rentals are also available starting from $2,600 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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.