
Cheap Apartments for Rent in the Mt Hope Neighborhood of Alsip, IL from $800 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mt Hope area of Alsip.


Montclair Manor

Blue Station

Meadow View Apartments

12827 Irving Ave
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Islander Apartments

12548 S Ashland Ave

Islander Apartments

3225 W 111th

Somerset Park II
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12524 S Wood St, Calumet Park, IL
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 | $1,013 | $800 | $1,226 |
| Mt Hope 1 Bedroom Apartments | $1,245 | $874 | $1,576 |
| Mt Hope 2 Bedroom Apartments | $1,468 | $1,073 | $1,951 |
| Mt Hope 3 Bedroom Apartments | $1,878 | $1,475 | $2,300 |
| Mt Hope 4 Bedroom Apartments | $3,295 | $3,295 | $3,295 |
Browse Apartments in this Neighborhood
There are currently 11 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 |
| Woodland Court Apartments | Renovated 1 Bed 1 Bath | 1BR,1BA | $1,450 |
| Midpointe | 1 Bed 1 Bath 750 SF | 1BR,1BA | $1,451 |
| 12507 S Ashland Ave Calumet Park, IL 60827 | 2 Bedroom 1 Bath Garden | 2BR,1BA | $1,475 |
Best Value Apartments for Rent in Mt Hope, IL
As of March 18, 2026 the best value apartment in the Mt Hope area is the $1.70 price per square foot 1404 W 119th St Model at 1404 W 119th St, Unit 3 in the in the Morgan Park neighborhood starting from $1,700. The second greatest value Mt Hope apartment is the 1x1 Model at Heritage Senior Apartments - 55 and over starting at $1,245 with a $1.66 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. |
|---|---|---|---|
| 1404 W 119th St, Unit 3 | 1404 W 119th St | 3BR,1BA | $1.70 |
| Heritage Senior Apartments - 55 and over | 1x1 | 1BR,1BA | $1.66 |
| Midpointe | 1 Bed 1 Bath 750 SF | 1BR,1BA | $1.93 |
| Woodland Court Apartments | Renovated 1 Bed 1 Bath | 1BR,1BA | $2.07 |
| 12507 S Ashland Ave Calumet Park, IL 60827 | 2 Bedroom 1 Bath Garden | 2BR,1BA | $2.42 |
| Meadow View Apartments | 2 Bedroom small | 2BR,1BA | $2.00 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
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Read ArticleQuick Rent Budget Calculator
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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
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 Heritage Senior Apartments - 55 and over which is listed at $1,245, while the average apartment in Mt Hope costs $3,295.
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 4 regular apartments in Mt Hope that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Mt Hope?
Cheap apartments in Mt Hope have an average cost of $376 which is $2,919 cheaper than the average rent for all rentals in Mt Hope.
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

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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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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.