Cheap Homes for Rent in Alsip, IL from $1,200 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in Alsip.

property at 6409 W Home Ave

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 2 Bath Condo for Rent

Available Now

6409 W Home Ave, Unit 6B

6409 W Home Ave
WorthIL60482
property at 10210 Washington Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

10210 Washington Ave, Unit 204

10210 Washington Ave
Oak LawnIL60453

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 12818 Hill Dr

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1 Bath Condo for Rent

Available Now

12818 Hill Dr, Unit 10

12818 Hill Dr
CrestwoodIL60418
property at 4840 W Engle Rd

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1 Bath Condo for Rent

Available Now

4840 W Engle Rd, Unit Dgonzo

4840 W Engle Rd
AlsipIL60803

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.

Alsip, IL Local Guide

Cheapest Available Alsip Apartments for Rent

 

The cheapest available apartment rental in Alsip, IL is a 2 Beds unit found at Meadow View Apartments in the South Chicago neighborhood priced from $1,073. Pinnacle Apartments in the Lake Katherine neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable Alsip apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadow View Apartments2 Bedroom small2BR,1BA$1,073
Pinnacle ApartmentsOne Bedroom1BR,1BA$1,150
Chateau Royale1BR / 1 BA with Den1BR,1BA$1,325
11011-11013 S Lloyd Dr1 Bed, 1 bath1BR,1BA$1,400
Midpointe1 Bed 1 Bath 750 SF1BR,1BA$1,416

Best Value Apartments for Rent in Alsip, IL

As of June 20, 2026 the best value apartment in the Alsip area is the $2.29 price per square foot 4116 W 109th St Model at 4116 W 109th St, Unit 1 in the in the Mount Greenwood neighborhood starting from $2,750. The second greatest value Alsip apartment is the 2 Bed 2 Bath 1000 SF Model at Midpointe starting at $1,961 with a $1.96 price per square foot in the Westgate Valley neighborhood. Here is today’s list of the best values for Alsip apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4116 W 109th St, Unit 14116 W 109th St3BR,1.5BA$2.29
Midpointe2 Bed 2 Bath 1000 SF2BR,2BA$1.96
4601 West 95th Street3 bed /1 bath3BR,1BA$2.00
11128 South Spaulding Avenue, Unit 111128 South Spaulding Avenue2BR,1BA$1.90
4738 W 101st St, Unit 3S4738 W 101st St2BR,1BA$1.78
Chateau Royale2BR / 1 BA2BR,1BA$1.56
Oak Lawn Blu2 Bedrooms, 1 Bathroom2BR,1BA$2.06
Woodland Court ApartmentsRenovated 1 Bed 1 Bath1BR,1BA$2.18
11011-11013 S Lloyd Dr1 Bed, 1 bath1BR,1BA$2.33
Meadow View Apartments2 Bedroom small2BR,1BA$2.00

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

Read Article
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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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

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Frequently Asked Questions about Alsip

What type of rentals are currently available in Alsip?

There are currently 501 Apartments for Rent in Alsip, IL with pricing that ranges from $800 to $13,805. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alsip ranging from $1,275 to $4,500.

What is the current price range for Rental Homes in Alsip?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Alsip ranges from $1,275 to $4,500 with an average monthly rent of $1,974.

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

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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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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.

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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

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.