Cheap Homes for Rent in Addison, IL from $1,400 (23 Rentals)

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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.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

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Addison, IL Local Guide

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. Maple Crossing Apartments in the Elmhurst City Centre neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,290. Here is today’s list of the most affordable Addison apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Addison Horizon2 Bedroom2BR,1BA$1,115
Maple Crossing ApartmentsOne Bedroom1BR,1BA$1,290
Ellyn CrossingAddison1BR,1BA$1,300
The BenningtonSeven 701BR,1BA$1,402
Salt Creek1br/1ba1BR,1BA$1,499

Best Value Apartments for Rent in Addison, IL

As of November 06, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
5N426 Rohlwing Rd, Unit 15N426 Rohlwing Rd2BR,2.5BA$1.46
Roselle Station Apartments2BR/2.0BA2BR,2BA$1.84
430 W Stevens Dr, Unit TWO BEDS430 W Stevens Dr2BR,1BA$1.75
1045 David Dr, Unit 2W1045 David Dr2BR,1BA$1.70
440 W Stevens Dr, Unit TWO BEDS440 W Stevens Dr2BR,1BA$1.75
Addison Horizon2 Bedroom2BR,1BA$1.21
127 N Addison Ave, Unit 127-3 N. Addison Ave127 N Addison Ave1BR,1BA$1.86
The BenningtonEight 72 Den1BR,1BA$1.95
419 W Stevens Dr, Unit ONE BED419 W Stevens Dr1BR,1BA$1.88
265 Nordic Rd, Unit GW265 Nordic Rd1BR,1BA$1.71

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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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

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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.

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A 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

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Addison

What type of rentals are currently available in Addison?

There are currently 490 Apartments for Rent in Addison, IL with pricing that ranges from $1,115 to $8,556. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in Addison ranging from $1,400 to $6,000.

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 $1,400 to $6,000 with an average monthly rent of $3,183.

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 $4,075 to $7,572, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $4,950. Four Bedroom Single-Family rentals are also available starting from $2,650 and Four Bedroom Apartments start at $8,138.

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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.