Cheap Homes for Rent in Alsip, IL from $1,100 (15 Rentals)

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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.

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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Alsip, IL Local Guide

Cheapest Available Alsip Apartments for Rent

 

The cheapest available apartment rental in Alsip, IL is a 1 Bed unit found at Pinnacle Apartments in the Lake Katherine neighborhood priced from $985. 11011-11013 S Lloyd Dr in the Lake Katherine neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here is today’s list of the most affordable Alsip apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pinnacle ApartmentsOne Bedroom1BR,1BA$985
11011-11013 S Lloyd Dr1 Bed, 1 bath1BR,1BA$1,250
Midpointe1 Bed 1 Bath 750 SF1BR,1BA$1,461
10737 S. Keating1 Bed Tier 4 and 61BR,1BA$1,600
2253-59 W. 111th St LLC3BR/2.0BA3BR,2BA$2,850

Best Value Apartments for Rent in Alsip, IL

As of July 24, 2025 the best value apartment in the Alsip area is the $0.91 price per square foot 2346 122nd St Model at 2346 122nd St, Unit One Rear in the in the South Chicago neighborhood starting from $1,095. The second greatest value Alsip apartment is the 11128 South Spaulding Avenue Model at 11128 South Spaulding Avenue, Unit 2 starting at $1,550 with a $1.55 price per square foot in the Mount Greenwood 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.
2346 122nd St, Unit One Rear2346 122nd St1BR,1BA$0.91
11128 South Spaulding Avenue, Unit 211128 South Spaulding Avenue2BR,1BA$1.55
14513 S Richmond Ave, Unit 414513 S Richmond Ave2BR,1BA$1.44
Midpointe1 Bed 1 Bath 750 SF1BR,1BA$1.95
10737 S. Keating1 Bed Tier 4 and 61BR,1BA$2.34
11011-11013 S Lloyd Dr1 Bed, 1 bath1BR,1BA$2.08
Pinnacle ApartmentsOne Bedroom1BR,1BA$2.24

Quick Rent Budget Calculator

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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.

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Frequently Asked Questions about Alsip

What type of rentals are currently available in Alsip?

There are currently 502 Apartments for Rent in Alsip, IL with pricing that ranges from $800 to $1,896. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alsip ranging from $1,150 to $3,495.

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 $1,150 to $3,495 with an average monthly rent of $2,357.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.