Cheap Apartments for Rent in the Mt Hope Neighborhood of Alsip, IL from $800 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mt Hope area of Alsip.

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Montclair Manor
1 to 3 Bedroom Apartments

Montclair Manor

11625-57 S Pulaski RdAlsip, IL 60803
  • Utilities Included
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Somerset Park I
1 to 2 Bedroom Apartments

Somerset Park I

4127 W 127th StAlsip, IL 60803
  • Utilities Included

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.

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.

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Islander Apartments
2 Bedroom Apartments

Islander Apartments

1900 Broadway StBlue Island, IL 60406
  • Utilities Included
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Islander Apartments
2 Bedroom Apartments

Islander Apartments

1819-1837 Canal StBlue Island, IL 60406
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3225 W 111th
1 Bedroom Apartments

3225 W 111th

3225 W 111thChicago, IL 60655
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Somerset Park II
1 to 2 Bedroom Apartments

Somerset Park II

3048 W 119th StMerrionette Park, IL 60803
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12548 S Ashland Ave
1 to 2 Bedroom Apartments

12548 S Ashland Ave

12548 S Ashland AveCalumet Park, IL 60827

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.

Mt Hope, Alsip, IL Local Guide

Cheapest Available Mt Hope Apartments for Rent

 

The cheapest available apartment rental in the Mt Hope area of Chicago, IL is a 1 Bed unit found at Meadow View Apartments priced from $979. 12524 S Wood St, Calumet Park, IL has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here are the most affordable Mt Hope apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Meadow View Apartments1 Bedroom large1BR,1BA$979
12524 S Wood St, Calumet Park, IL2 Bedroom / 1 Bath2BR,1BA$1,200
Midpointe1 Bed 1 Bath 750 SF1BR,1BA$1,386
Woodland Court ApartmentsRenovated 1 Bed 1 Bath1BR,1BA$1,500

Best Value Apartments for Rent in Mt Hope, IL

As of October 16, 2025 the best value apartment in the Mt Hope area is the $1.15 price per square foot 12537 S Marshfield Ave Model at 12537 S Marshfield Ave, Unit 1st Floor in the in the South Chicago neighborhood starting from $1,600. The second greatest value Mt Hope apartment is the 12537 S Marshfield Ave Model at 12537 S Marshfield Ave, Unit 1 starting at $1,600 with a $1.60 price per square foot in the South Chicago neighborhood. Here is today’s list of the best values for Mt Hope apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
12537 S Marshfield Ave, Unit 1st Floor12537 S Marshfield Ave3BR,1BA$1.15
12537 S Marshfield Ave, Unit 112537 S Marshfield Ave3BR,1BA$1.60
Midpointe1 Bed 1 Bath 750 SF Partial Upgrade1BR,1BA$2.03
Woodland Court ApartmentsRenovated 1 Bed 1 Bath1BR,1BA$2.14
Meadow View Apartments1 Bedroom large1BR,1BA$1.98
12524 S Wood St, Calumet Park, IL2 Bedroom / 1 Bath2BR,1BA$2.46

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Pet Friendly Lifestyle
Mt Hope, Alsip, IL

Ranked #3

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Mt Hope Neighborhood in Alsip, IL

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

33 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Mt Hope Apartments

What is the price of a cheap apartment in Mt Hope?

The cheapest apartment in Mt Hope is Meadow View Apartments which is listed at $979, while the average apartment in Mt Hope costs $3,400.

What types of apartments are the cheapest in Mt Hope?

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 Mt Hope that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.