Cheap Apartments for Rent in the Michael Lane Area Addison, IL from $849 (22 Rentals)

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

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555 N Valerie Ln
1 to 2 Bedroom Apartments

555 N Valerie Ln

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

Addison Apartments

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

530 W Stevens Dr

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

524 Green Oaks Ct

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

340 Lincoln Ct

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

217 W Michael Ln

217 W Michael LnAddison, IL 60101

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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310-318 Dale Dr
2 Bedroom Apartments

310-318 Dale Dr

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

Chablis

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

507 Denise Ct

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

580 N Mill Rd

580 N Mill RdAddison, IL 60101
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Water View Apartments
1 to 2 Bedroom Apartments

Water View Apartments

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

414-418 W Stevens Dr

414-418 W Stevens DrAddison, IL 60101
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534 Valerie Ln
1 to 2 Bedroom Apartments

534 Valerie Ln

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

350 N State St

350 N State StAddison, IL 60101
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150 S Lincoln Ave
1 to 2 Bedroom Apartments

150 S Lincoln Ave

150 S Lincoln AveAddison, IL 60101
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500-530 N Mill Rd
Studio to 2 Bedroom Apartments

500-530 N Mill Rd

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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Dominion Tower
1 to 3 Bedroom Apartments

Dominion Tower

465 W Dominion DrWood Dale, IL 60191

Best Value Apartments for Rent in Michael Lane Area, IL

As of September 06, 2026 the best value apartment in the Michael Lane Area area is the $1.65 price per square foot 513 N Valerie Ln Model at 513 N Valerie Ln, Unit Unit 1 in the in the Michael Lane Area neighborhood starting from $2,150. The second greatest value Michael Lane Area apartment is the 545 N Highview Ave Model at 545 N Highview Ave, Unit 4 starting at $1,400 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.
513 N Valerie Ln, Unit Unit 1513 N Valerie Ln2BR,1BA$1.65
545 N Highview Ave, Unit 4545 N Highview Ave1BR,1BA$1.75

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.

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