Cheap Apartments for Rent in Burnham, IL from $500 (12 Rentals)

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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.

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Southmoor Apartments
Studio to 1 Bedroom Apartments

Southmoor Apartments

5946 Hohman AveHammond, IN 46320
  • Utilities Included

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.

Burnham, IL Local Guide

Cheapest Available Burnham Apartments for Rent and Nearby

 

The cheapest available apartment rental in Burnham, IL is a 1 Bed unit found at Ginger Ridge Apartments in the North River neighborhood priced from $900. 1573 State St 1575 S State St Calumet City, IL 60409 in the North River neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,015. Here is today’s list of the most affordable Burnham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ginger Ridge ApartmentsThe Redbud1BR,1BA$900
1573 State St 1575 S State St Calumet City, IL 604091 Bedroom 1 Bath Apartment1BR,1BA$1,015
1475 State St Calumet City, IL 604091 Bedroom 1 Bath Apartment1BR,1BA$1,160
Douglas Pointe Apartments2x12BR,1BA$1,164
1677 State2 Bedroom 1 Bath Apartment2BR,1BA$1,260

Best Value Apartments for Rent in Burnham, IL and Nearby

As of January 25, 2026 the best value apartment in the Burnham area is the $0.70 price per square foot 332 Luella Ave Model at 332 Luella Ave, Unit Unit# 2 in the in the North River neighborhood starting from $1,950. The second greatest value Burnham apartment is the 1616 Memorial Dr Model at 1616 Memorial Dr, Unit 1 starting at $1,900 with a $1.27 price per square foot in the North River neighborhood. Here is today’s list of the best values for Burnham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
332 Luella Ave, Unit Unit# 2332 Luella Ave3BR,2BA$0.70
1616 Memorial Dr, Unit 11616 Memorial Dr3BR,1.5BA$1.27
Harbor Point EstatesDouble & Single Used3BR,2BA$1.12
Dynasty Properties2 Bedroom Large2BR,1BA$1.59
8 Waltham St, Unit 1R8 Waltham St1BR,1BA$1.15
89 Paxton Ave, Unit 89paxton89 Paxton Ave1BR,1BA$1.62
1677 State2 Bedroom 1 Bath Apartment2BR,1BA$1.80
464 Gordon Ave Calumet City, IL 604092 Bedroom 1 Bath Apartment2BR,1BA$1.97
Ginger Ridge ApartmentsThe Birch1BR,1BA$1.39
1475 State St Calumet City, IL 604091 Bedroom 1 Bath Apartment1BR,1BA$1.94

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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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

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Frequently Asked Questions about Cheap Burnham Apartments

How much is rent for a Cheap One Bedroom Burnham Apartment?

The lowest price for a Cheap One Bedroom Burnham Apartment is $900 at Ginger Ridge Apartments.

What is the lowest price for a Cheap Two Bedroom Burnham Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Burnham is starting from $1,087 at Ginger Ridge Apartments.

What is the most affordable Burnham Three Bedroom Apartment?

The best deal on a cheap Burnham Three Bedroom Apartment rental is at Harbor Point Estates and starts from $1,450.

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.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.