Cheap Apartments for Rent in Burnham, IL from $500 (5 Rentals)

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

Search the lowest-cost Apartments available for rent right now in Burnham.

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

close
View Me
Southmoor Apartments
Studio Apartments

Southmoor Apartments

5946 Hohman AveHammond, IN 46320
  • Utilities Included

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 $860. Douglas Pointe Apartments in the Bernice neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,065. Here is today’s list of the most affordable Burnham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ginger Ridge ApartmentsThe Redbud1BR,1BA$860
Douglas Pointe Apartments1x11BR,1BA$1,065
308 Elizabeth Street1 Bedroom 1 Bathroom Apartment1BR,1BA$1,100

Best Value Apartments for Rent in Burnham, IL and Nearby

As of June 14, 2025 the best value apartment in the Burnham area is the $0.56 price per square foot 922 Summer St Model at 922 Summer St, Unit 2 in the in the Roxana neighborhood starting from $1,500. The second greatest value Burnham apartment is the Double & Single Used Model at Harbor Point Estates starting at $1,450 with a $1.12 price per square foot in the South Chicago 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.
922 Summer St, Unit 2922 Summer St2BR,1BA$0.56
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
Douglas Pointe Apartments2x1 Renovated2BR,1BA$2.20
308 Elizabeth Street1 Bedroom 1 Bathroom Apartment1BR,1BA$1.69
Ginger Ridge ApartmentsThe Birch1BR,1BA$1.33
The Banc HammondTier 03 - Junior One Bedroom1BR,1BA$3.02
36 Warren St, Unit East36 Warren St1BR,1BA$2.46

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 Burnham, IL Rentals by Map

View MapBurnham, IL Apartments MapView MapBurnham, IL Rental Homes Map

Getting Around Burnham, IL

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

2 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Burnham Apartments

What is the Cheapest Studio apartment in Burnham?

Currently the most affordable Cheap Studio Apartment in Burnham is at The Banc Hammond listed at $1,200.

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

The lowest price for a Cheap One Bedroom Burnham Apartment is $860 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 $1,038 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 Ginger Ridge Apartments and starts from $1,319.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.