Cheap Homes for Rent in Blue Island, IL from $1,200 (15 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 Blue Island.

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.

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.

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.

Blue Island, IL Local Guide

Cheapest Available Blue Island Apartments for Rent

 

The cheapest available apartment rental in Blue Island, IL is a 1 Bed unit found at 12013 S Eggleston Avenue in the South Chicago neighborhood priced from $900. Meadow View Apartments in the South Chicago neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,073. Here is today’s list of the most affordable Blue Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
12013 S Eggleston Avenue1 Bedroom |1 Bath1BR,1BA$900
Meadow View Apartments2 Bedroom small2BR,1BA$1,073
13905 S Clark1 Bedroom 1 Bath Apartment1BR,1BA$1,185
14047 S Tracy Ave2BD/1BA2BR,1BA$1,200
14021 S Tracy2 Bedroom 1 Bath Apartment2BR,1BA$1,225

Best Value Apartments for Rent in Blue Island, IL

As of June 09, 2026 the best value apartment in the Blue Island area is the $1.00 price per square foot 2BD/1BA Model at 14047 S Tracy Ave in the in the College District neighborhood starting from $1,200. The second greatest value Blue Island apartment is the 10536 S Claremont Ave Model at 10536 S Claremont Ave, Unit 1-first floor starting at $1,975 with a $1.80 price per square foot in the Beverly neighborhood. Here is today’s list of the best values for Blue Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
14047 S Tracy Ave2BD/1BA2BR,1BA$1.00
10536 S Claremont Ave, Unit 1-first floor10536 S Claremont Ave2BR,1BA$1.80
11128 South Spaulding Avenue, Unit 111128 South Spaulding Avenue2BR,1BA$1.90
Midpointe2 Bed 2 Bath 1000 SF2BR,2BA$1.95
724 W 138th St, Unit 3724 W 138th St2BR,1BA$1.56
14021 S Tracy2 Bedroom 1 Bath Apartment2BR,1BA$1.62
Heritage Senior Apartments - 55 and over1x11BR,1BA$1.66
Woodland Court ApartmentsRenovated 1 Bed 1 Bath1BR,1BA$2.18
13905 S Clark1 Bedroom 1 Bath Apartment1BR,1BA$1.73
Meadow View Apartments2 Bedroom small2BR,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 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
Decorative image

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

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

Explore Blue Island, IL Rentals by Map

View Map
Blue Island, IL Apartments Map
View Map
Blue Island, IL Rental Homes Map

Frequently Asked Questions about Blue Island

What type of rentals are currently available in Blue Island?

There are currently 442 Apartments for Rent in Blue Island, IL with pricing that ranges from $800 to $4,677. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Blue Island ranging from $1,250 to $4,500.

What is the current price range for Rental Homes in Blue Island?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Blue Island ranges from $1,250 to $4,500 with an average monthly rent of $2,557.

How much are larger Three and Four Bedroom Rentals in Blue Island?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Blue Island range from $1,400 to $2,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $4,677.

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 A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago article

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

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.

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 Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.