Cheap Homes for Rent in Berwyn, IL from $500 (29 Rentals)

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

Search the lowest-cost Homes available for rent right now in Berwyn.

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

Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

Read Article
property at 5910 W 26th St

$1,085 - $1,150

1 Bedroom Rentals

Available Now

5910 W 26th St

CiceroIL60804

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.

Read Article

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

Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

Read Article
property at 104 Lincoln Ave

$1,400 - $1,450

1 Bedroom Rentals

Available Now

104 Lincoln Ave

RiversideIL60546

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

Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

Read Article
Showing Results 1-29, Page 1 of 1

Berwyn, IL Local Guide

Cheapest Neighborhoods for Apartments in Berwyn, IL

Pricing Updated: 08/17/2026

Current apartment rentals in the Berwyn, IL area range in price from $995 to $2,900 with an overall median price of $1,500. Here is today’s list neighborhoods with the lowest median pricing for Berwyn Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Forest View$1,500$99533

Cheapest Available Berwyn Apartments for Rent

 

The cheapest available apartment rental in Berwyn, IL is a Studio unit found at Pine North in the Austin neighborhood priced from $795. 5836 W Madison in the Oak Park Historic District neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here is today’s list of the most affordable Berwyn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pine North0BR/1.0BAStudio,1BA$795
5836 W MadisonStudio ApartmentStudio,1BA$895
5948 W SuperiorStudio ApartmentStudio,1BA$935
432-438 N. Austin Blvd.432-438 N. Austin StudioStudio,1BA$1,059
3230 Home AveG1BR,1BA$1,200
418 S Laramie2 Bedroom 1 Bath Apartment with Dining2BR,1BA$1,205
1116 Washington - Oak Park1116-408Studio,1BA$1,225
Oak Park Residence Corporationstudios at various prices and locationsStudio,1BA$1,240

Best Value Apartments for Rent in Berwyn, IL

As of August 17, 2026 the best value apartment in the Berwyn area is the $1.06 price per square foot 3 Beds, 3 baths Model at 2717 Wesley Ave in the in the Ogden Avenue District neighborhood starting from $2,095. The second greatest value Berwyn apartment is the 3 bedroom 2 bath Model at 901 Ontario Apartments starting at $1,950 with a $1.24 price per square foot in the Downtown Oak Park neighborhood. Here is today’s list of the best values for Berwyn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2717 Wesley Ave3 Beds, 3 baths3BR,3BA$1.06
901 Ontario Apartments3 bedroom 2 bath3BR,2BA$1.24
6308 S Archer Ave, Unit First Floor6308 S Archer Ave3BR,2BA$1.54
5223-5225 W Washington Blvd2 Bed 1 Bath2BR,1BA$1.36
619 N Menard Ave, Unit 2619 N Menard Ave2BR,1BA$1.60
1611 Clarence Ave1611 Clarence Ave2BR,1BA$1.65
814-820 S. Austin Blvd.814 & 820 S. Austin E2BR,1BA$1.72
1310 S 51st Ct, Unit 2021310 S 51st Ct1BR,1BA$1.47
418 S Laramie2 Bedroom 1 Bath Apartment with Dining2BR,1BA$1.59
1852 Grove Ave, Unit 1B1852 Grove Ave1BR,1BA$1.60

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

Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

Read Article

A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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

Berwyn, IL
Population: 54,917

Ranked #703

in US Census Population by City

decorative image of people examining a giant globe and floating graphs

Best Local Schools in
Berwyn, IL

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Berwyn, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Berwyn, IL

View Map
Berwyn, IL Apartments Map
View Map
Berwyn, IL Rental Homes Map

Frequently Asked Questions about Berwyn

What type of rentals are currently available in Berwyn?

There are currently 1176 Apartments for Rent in Berwyn, IL with pricing that ranges from $760 to $16,016. There are also 116 Single Family Homes for rent, Condos, and Townhome rentals currently available in Berwyn ranging from $550 to $5,100.

What is the current price range for Rental Homes in Berwyn?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Berwyn ranges from $550 to $5,100 with an average monthly rent of $2,273.

How much are larger Three and Four Bedroom Rentals in Berwyn?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Berwyn range from $1,550 to $16,016, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $5,100. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $1,800.

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 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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.