Cheap Apartments for Rent in the Michael Lane Area Addison, IL from $800 (22 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Apartments available for rent right now in the Michael Lane Area area of Addison.

close
View Me
555 N Valerie Ln
1 to 2 Bedroom Apartments

555 N Valerie Ln

555 N Valerie LnAddison, IL 60101
close
View Me
Addison Apartments
1 to 2 Bedroom Apartments

Addison Apartments

455 Green Oaks Ct EAddison, IL 60101
  • Utilities Included
close
View Me
530 W Stevens Dr
1 to 2 Bedroom Apartments

530 W Stevens Dr

530 W Stevens DrAddison, IL 60101
close
View Me
524 Green Oaks Ct
1 to 2 Bedroom Apartments

524 Green Oaks Ct

524 Green Oaks CtAddison, IL 60101
close
View Me
340 Lincoln Ct
1 Bedroom Apartments

340 Lincoln Ct

340 Lincoln CtAddison, IL 60101
close
View Me
217 W Michael Ln
1 to 2 Bedroom Apartments

217 W Michael Ln

217 W Michael LnAddison, IL 60101

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.

close
View Me
310-318 Dale Dr
2 Bedroom Apartments

310-318 Dale Dr

310-318 Dale DrAddison, IL 60101
close
View Me
Chablis
1 to 2 Bedroom Apartments

Chablis

610 N Lincoln AveAddison, IL 60101
Corporate Housing
  • Utilities Included
close
View Me
507 Denise Ct
Studio to 2 Bedroom Apartments

507 Denise Ct

507 Denise CtAddison, IL 60101
close
View Me
580 N Mill Rd
2 Bedroom Apartments

580 N Mill Rd

580 N Mill RdAddison, IL 60101
  • Utilities Included

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.

close
View Me
Water View Apartments
1 to 2 Bedroom Apartments

Water View Apartments

25 N Maple CtAddison, IL 60101
  • Utilities Included
close
View Me
414-418 W Stevens Dr
1 to 2 Bedroom Apartments

414-418 W Stevens Dr

414-418 W Stevens DrAddison, IL 60101
  • Utilities Included
close
View Me
534 Valerie Ln
1 to 2 Bedroom Apartments

534 Valerie Ln

534 Valerie LnAddison, IL 60101
close
View Me
350 N State St
1 to 2 Bedroom Apartments

350 N State St

350 N State StAddison, IL 60101
  • Utilities Included
close
View Me
150 S Lincoln Ave
1 to 2 Bedroom Apartments

150 S Lincoln Ave

150 S Lincoln AveAddison, IL 60101
  • Utilities Included
close
View Me
500-530 N Mill Rd
Studio to 2 Bedroom Apartments

500-530 N Mill Rd

500-530 N Mill RdAddison, IL 60101
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

close
View Me
Dominion Tower
1 to 3 Bedroom Apartments

Dominion Tower

465 W Dominion DrWood Dale, IL 60191

Cheapest Available Michael Lane Area Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Addison Horizon2 Bedroom2BR,1BA$1,115

Best Value Apartments for Rent in Michael Lane Area, IL

As of February 26, 2026 the best value apartment in the Michael Lane Area area is the $1.75 price per square foot 440 W Stevens Dr Model at 440 W Stevens Dr, Unit TWO BEDS in the in the Michael Lane Area neighborhood starting from $1,750. The second greatest value Michael Lane Area apartment is the 430 W Stevens Dr Model at 430 W Stevens Dr, Unit TWO BEDS starting at $1,750 with a $1.75 price per square foot in the Michael Lane Area neighborhood. Here is today’s list of the best values for Michael Lane Area apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
440 W Stevens Dr, Unit TWO BEDS440 W Stevens Dr2BR,1BA$1.75
430 W Stevens Dr, Unit TWO BEDS430 W Stevens Dr2BR,1BA$1.75
Addison Horizon2 Bedroom2BR,1BA$1.21

Frequently Asked Questions about Cheap Michael Lane Area Apartments

What types of apartments are the cheapest in Michael Lane Area?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Michael Lane Area that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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 Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago article

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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

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.

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

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.