
Cheap Apartments for Rent in the Mt Hope Neighborhood of Alsip, IL from $800 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mt Hope area of Alsip.


Woodland Courts

Crestline Villa Apartments

Montclair Manor

Somerset Park I

11810 S Komensky Ave

Blue Station
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.

Meadow View Apartments

Midpointe

10981 S Church St

10985 S Church St

1901 Canal St

1251 W 110th Pl

12151 S Western Ave
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.

10340 S Walden Pkwy

Islander Apartments

12548 S Ashland Ave

Islander Condos

3225 W 111th

12524 S Wood St, Calumet Park, IL

Somerset Park II
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

12507 S Ashland Ave

2119 135th Pl

10739 S Pulaski Rd

10522-28 S. Walden

2033 W 111th St

1309 W 110th Pl

13443 Greenwood Ave
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.

1479 W 114th Pl
Mt Hope, Alsip, IL Local Guide

How much does it cost to rent an apartment in Mt Hope?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mt Hope Studio Apartments | $1,090 | $800 | $1,234 |
| Mt Hope 1 Bedroom Apartments | $1,294 | $874 | $1,536 |
| Mt Hope 2 Bedroom Apartments | $1,525 | $1,073 | $1,975 |
| Mt Hope 3 Bedroom Apartments | $2,231 | $1,575 | $2,850 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Mt Hope Neighborhood of Alsip, IL.
See all Apartments in AlsipExplore Alsip
Mt Hope, Alsip, IL Local Guide
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Cheapest Available Mt Hope Apartments for Rent
 The cheapest available apartment rental in the Mt Hope area of Chicago, IL is a 2 Beds unit found at Meadow View Apartments priced from $1,073. Heritage Senior Apartments - 55 and over has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,245. Here are the most affordable Mt Hope apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadow View Apartments | 2 Bedroom small | 2BR,1BA | $1,073 |
| Heritage Senior Apartments - 55 and over | 1x1 | 1BR,1BA | $1,245 |
| Midpointe | 1 Bed 1 Bath 750 SF | 1BR,1BA | $1,436 |
| 10604 S Walden Parkway | 4BR/2.0BA | 4BR,2BA | $3,600 |
Best Value Apartments for Rent in Mt Hope, IL
As of June 17, 2026 the best value apartment in the Mt Hope area is the $2.77 price per square foot 4BR/2.0BA Model at 10604 S Walden Parkway in the in the Morgan Park neighborhood starting from $3,600. The second greatest value Mt Hope apartment is the 4116 W 109th St Model at 4116 W 109th St, Unit 1 starting at $2,750 with a $2.29 price per square foot in the Mount Greenwood neighborhood. Here is today’s list of the best values for Mt Hope apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 10604 S Walden Parkway | 4BR/2.0BA | 4BR,2BA | $2.77 |
| 4116 W 109th St, Unit 1 | 4116 W 109th St | 3BR,1.5BA | $2.29 |
| 10536 S Claremont Ave, Unit 1-first floor | 10536 S Claremont Ave | 2BR,1BA | $1.80 |
| 11128 South Spaulding Avenue, Unit 1 | 11128 South Spaulding Avenue | 2BR,1BA | $1.90 |
| Midpointe | 2 Bed 2 Bath 1000 SF | 2BR,2BA | $1.95 |
| Heritage Senior Apartments - 55 and over | 1x1 | 1BR,1BA | $1.66 |
| 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 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.
Pet Friendly LifestyleMt Hope, Alsip, IL
Ranked #3
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Mt Hope, Alsip, IL
Dd Eisenhower High School (Campus)
Veterans Memorial Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap Mt Hope Apartments
How much is rent for a Cheap One Bedroom Mt Hope Apartment?
The lowest price for a Cheap One Bedroom Mt Hope Apartment is $1,245 at Heritage Senior Apartments - 55 and over.
What is the lowest price for a Cheap Two Bedroom Mt Hope Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mt Hope is starting from $1,073 at Meadow View Apartments.
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
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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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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.

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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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Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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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
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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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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.