Cheap Homes for Rent in the Mt Hope Neighborhood of Alsip, IL from $1,175 (7 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

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

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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 2 Beds unit found at Meadow View Apartments priced from $1,123. 2631 West 123rd Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here are the most affordable Mt Hope apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Meadow View Apartments2 Bedroom small2BR,1BA$1,123
2631 West 123rd Street1BR/1.0BA1BR,1BA$1,150
Midpointe1 Bed 1 Bath 750 SF1BR,1BA$1,414

Best Value Apartments for Rent in Mt Hope, IL

As of August 29, 2026 the best value apartment in the Mt Hope area is the $2.14 price per square foot 2BR/1.0BA Model at 10511 S Hale Ave in the in the Beverly neighborhood starting from $2,350. The second greatest value Mt Hope apartment is the 11128 South Spaulding Avenue Model at 11128 South Spaulding Avenue, Unit 1 starting at $1,895 with a $1.90 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 ListingModel NameBed/BathPrice Per Sq.Ft.
10511 S Hale Ave2BR/1.0BA2BR,1BA$2.14
11128 South Spaulding Avenue, Unit 111128 South Spaulding Avenue2BR,1BA$1.90
12705 Honore St, Unit #2S12705 Honore St3BR,1BA$1.67
Midpointe1 Bed 1 Bath 750 SF1BR,1BA$1.89
Woodland Court ApartmentsRenovated 1 Bed 1 Bath1BR,1BA$2.18
2631 West 123rd Street1BR/1.0BA1BR,1BA$1.92
Meadow View Apartments2 Bedroom small2BR,1BA$2.10

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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Mt Hope, Alsip, IL

Ranked #3

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Mt Hope

What type of rentals are currently available in Mt Hope?

There are currently 252 Apartments for Rent in Mt Hope, IL with pricing that ranges from $800 to $2,050. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mt Hope ranging from $1,175 to $3,700.

What is the current price range for Rental Homes in Mt Hope?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mt Hope ranges from $1,175 to $3,700 with an average monthly rent of $2,171.

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

decorative image for The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago article

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Written by: Nicole Harms

When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

decorative image for Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible article

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Written by: Nicole Harms

I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

decorative image for Chicago Relocation 101: Mastering Utilities, Registration, and the CTA article

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Written by: Nicole Harms

Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

decorative image for Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago article

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.