Cheap Apartments for Rent in the Mt Hope Neighborhood of Alsip, IL from $800 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mt Hope area of Alsip.

Heritage Senior Apartments - 55 and over

Blue Station

Meadow View Apartments
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.

10633 S Hale Ave

12747 S Hoyne Ave

2346 122nd St, Unit One Rear

2418 Burr Oak Ave

12524 S Wood St, Calumet Park, IL

2109-2123 W 119th St
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.
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

How much does it cost to rent an apartment in Mt Hope?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Mt Hope Studio Apartments | $1,068 | $800 | $1,400 |
Mt Hope 1 Bedroom Apartments | $1,253 | $874 | $1,526 |
Mt Hope 2 Bedroom Apartments | $1,449 | $1,073 | $1,941 |
Mt Hope 3 Bedroom Apartments | $1,831 | $1,475 | $2,650 |
Mt Hope 4 Bedroom Apartments | $3,400 | $3,400 | $3,400 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Mt Hope Neighborhood of Alsip, IL.
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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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Meadow View Apartments | 1 Bedroom large | 1BR,1BA | $979 |
12524 S Wood St, Calumet Park, IL | 2 Bedroom / 1 Bath | 2BR,1BA | $1,200 |
Midpointe | 1 Bed 1 Bath 750 SF | 1BR,1BA | $1,386 |
Woodland Court Apartments | Renovated 1 Bed 1 Bath | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
12537 S Marshfield Ave, Unit 1st Floor | 12537 S Marshfield Ave | 3BR,1BA | $1.15 |
12537 S Marshfield Ave, Unit 1 | 12537 S Marshfield Ave | 3BR,1BA | $1.60 |
Midpointe | 1 Bed 1 Bath 750 SF Partial Upgrade | 1BR,1BA | $2.03 |
Woodland Court Apartments | Renovated 1 Bed 1 Bath | 1BR,1BA | $2.14 |
Meadow View Apartments | 1 Bedroom large | 1BR,1BA | $1.98 |
12524 S Wood St, Calumet Park, IL | 2 Bedroom / 1 Bath | 2BR,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 LifestyleMt Hope, Alsip, IL
Ranked #3
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Mt Hope, Alsip, IL
Dd Eisenhower High School (Campus)
Veterans Memorial Middle School
School data provided by Great Schools
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.