
Cheap Homes for Rent in Alsip, IL from $1,200 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Alsip.


14521 Richmond Ave

10739 S Pulaski Rd

12863 S Normal Ave

6409 W Home Ave, Unit 6B

10210 Washington Ave, Unit 204
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.

14643 Lamon Ave

13443 Greenwood Ave

12818 Hill Dr, Unit 10

1479 W 114th Pl

4840 W Engle Rd, Unit Dgonzo

14547 Keystone Ave, Unit 12
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

How much does it cost to rent a home in Alsip?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alsip 2 Bedroom Homes for Rent | $1,663 | $1,495 | $2,100 |
| Alsip 3 Bedroom Homes for Rent | $2,636 | $1,600 | $3,400 |
| Alsip 4 Bedroom Homes for Rent | $2,517 | $1,400 | $4,500 |
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Alsip, IL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadow View Apartments | 2 Bedroom small | 2BR,1BA | $1,073 |
| Pinnacle Apartments | One Bedroom | 1BR,1BA | $1,150 |
| Chateau Royale | 1BR / 1 BA with Den | 1BR,1BA | $1,325 |
| 11011-11013 S Lloyd Dr | 1 Bed, 1 bath | 1BR,1BA | $1,400 |
| Midpointe | 1 Bed 1 Bath 750 SF | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4116 W 109th St, Unit 1 | 4116 W 109th St | 3BR,1.5BA | $2.29 |
| Midpointe | 2 Bed 2 Bath 1000 SF | 2BR,2BA | $1.96 |
| 4601 West 95th Street | 3 bed /1 bath | 3BR,1BA | $2.00 |
| 11128 South Spaulding Avenue, Unit 1 | 11128 South Spaulding Avenue | 2BR,1BA | $1.90 |
| 4738 W 101st St, Unit 3S | 4738 W 101st St | 2BR,1BA | $1.78 |
| Chateau Royale | 2BR / 1 BA | 2BR,1BA | $1.56 |
| Oak Lawn Blu | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.06 |
| Woodland Court Apartments | Renovated 1 Bed 1 Bath | 1BR,1BA | $2.18 |
| 11011-11013 S Lloyd Dr | 1 Bed, 1 bath | 1BR,1BA | $2.33 |
| Meadow View Apartments | 2 Bedroom small | 2BR,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.
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 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 ArticleReal 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.
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.
Best Local Schools in Alsip, IL
Lane Elementary School
Prairie Jr High School
Hamlin Upper Grade Center
School data provided by Great Schools
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

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.
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Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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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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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.

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.

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.