
Cheap Homes for Rent in Addison, IL from $800 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Addison.


622 Lincoln Ave

430 Stevens Dr

844 College Blvd

259 Stoneybrook Ln

230 Prospect Ave

610 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.

620 Lincoln Ave

440 Stevens Dr

630 Lincoln Ave

262 George St

262 George St

Furnished Studio-Chicago - Itasca

316 Indiana Ct
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881 N Swift Rd

330 Hampton Ct

237 N Mill Rd, Unit 5

740 E North Broadway St

Furnished Studio-Chicago - Elmhurst -O'Hare

15 E Maple St

1026 E Woodrow Ave
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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238 E Irving Park Rd, Unit 301
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 | $2,422 | $1,800 | $3,400 |
| Addison 3 Bedroom Homes for Rent | $3,093 | $2,400 | $4,000 |
| Addison 4 Bedroom Homes for Rent | $4,120 | $2,600 | $5,750 |
| Addison 5 Bedroom Homes for Rent | $4,900 | $2,700 | $7,000 |
Browse Top Homes for Rent in Addison
Explore Addison
Addison, IL Local Guide
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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 $1,258. 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 | $1,258 |
| Brook Forest Apartments | 1 Bedroom | 1BR,1BA | $1,435 |
| Medinah Terrace | 1 Bed 1 Bath B Renovated* | 1BR,1BA | $1,450 |
| Springhill | A1/A2 | 1BR,1BA | $1,495 |
Best Value Apartments for Rent in Addison, IL
As of March 23, 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 2BR/2.0BA Model at Roselle Station Apartments starting at $2,408 with a $1.82 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 | $1.82 |
| A&K Luxury Apartments | 1B/1B w/Dining or Home Office | 1BR,1BA | $2.03 |
| 1040 S York Rd, Unit 1N | 1040 S York Rd | 2BR,1.5BA | $1.80 |
| Addison Horizon | 2 Bedroom | 2BR,1BA | $1.21 |
| 430 W Stevens Dr, Unit ONE BEDROOM - GARDEN | 430 W Stevens Dr | 1BR,1BA | $1.88 |
| The Bennington | Seven 70 | 1BR,1BA | $2.03 |
| Springhill | A1/A2 | 1BR,1BA | $1.98 |
| Brook Forest Apartments | 1 Bedroom | 1BR,1BA | $1.91 |
| Linden Towers *Washer & Dryer in Apartment* | One Bedroom Plan #716 | 1BR,1BA | $2.07 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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Read ArticleDon'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
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 482 Apartments for Rent in Addison, IL with pricing that ranges from $1,115 to $14,120. There are also 58 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 $3,226.
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 $4,399 to $4,799, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,400 to $4,000. 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

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.

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.