
Cheap Apartments for Rent in Burnham, IL from $500 (74 Rentals)
Search the lowest-cost Apartments available for rent right now in Burnham.


14501-14505 S Torrence Ave

14400 S Calhoun Ave

Dynasty Properties

Ginger Ridge Apartments

Harbor Point Estates

Sandridge Apartments

Douglas Pointe

Total Monthly Price
8 Waltham St, Unit 2F

1509-1515 E State St
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.

523 Greenbay St

290 Yates Ave

1 Webb St

649 Jeffery Ave

509-512 Detroit St

4208 S Wabash Ave

510 Garfield Ave

4842 Hickory Ave

11 E 157th Pl

14336 Blackstone Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

102 Luella Ave

1420 E 156th St

1665 Patricia Pl

1750 Memorial Dr

4 Waltham St

6007-6009 S Hohman Ave

4849 Hickory Ave

1870 Pulaski Rd

6044 Hohman Ave

53 Elizabeth St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1670 Patricia Pl

486 Buffalo Ave

1666 Harbor Ave

394 Cornell Ave

469-473 Hirsch Ave

1669 Harbor Ave

13211 S Carondolet Ave

1650 Harbor Ave

402 S Cornell

231 Doty St
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.

309 Memorial Dr

14446 S Calhoun Ave

1634 Harbor Ave

5974 Hyslop Pl

6006 Hohman Ave

Carroll Apartments

51 Detroit St

85 Paxton Ave

5 Waltham St

4440 Torrence Ave, Hammond, IN 46327
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.
Burnham, IL Local Guide

How much does it cost to rent an apartment in Burnham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Burnham Studio Apartments | $1,357 | $1,341 | $1,373 |
| Cheap Burnham 1 Bedroom Apartments | $1,499 | $900 | $1,934 |
| Cheap Burnham 2 Bedroom Apartments | $1,304 | $1,087 | $1,640 |
| Cheap Burnham 3 Bedroom Apartments | $1,638 | $1,250 | $2,180 |
Browse Top Apartments in Burnham
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Burnham, IL Local Guide
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Cheapest Available Burnham Apartments for Rent
 The cheapest available apartment rental in Burnham, IL is a 1 Bed unit found at Ginger Ridge Apartments in the Calumet City neighborhood priced from $900. 1677 State in the Calumet City neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,285. Here is today’s list of the most affordable Burnham apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ginger Ridge Apartments | The Redbud | 1BR,1BA | $900 |
| 1677 State | 2 Bedroom 1 Bath Apartment with Dining | 2BR,1BA | $1,285 |
| The Banc Hammond | Tier 13 / Junior One Bedroom | 1BR,1BA | $1,324 |
| Harbor Point Estates | New Champion Homes | 3BR,2BA | $1,450 |
| Dynasty Properties | 2 BD Glenwood | 2BR,1BA | $1,580 |
Best Value Apartments for Rent in Burnham, IL
As of August 07, 2026 the best value apartment in the Burnham area is the $1.12 price per square foot Double & Single Used Model at Harbor Point Estates in the in the South Chicago neighborhood starting from $1,450. The second greatest value Burnham apartment is the 13421 S Avenue O Model at 13421 S Avenue O starting at $1,600 with a $1.23 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Harbor Point Estates | Double & Single Used | 3BR,2BA | $1.12 |
| 13421 S Avenue O | 13421 S Avenue O | 2BR,1BA | $1.23 |
| Dynasty Properties | 2 BD Glenwood | 2BR,1BA | $1.80 |
| 1677 State | 2 Bedroom 1 Bath Apartment with Dining | 2BR,1BA | $1.84 |
| Ginger Ridge Apartments | The Birch | 1BR,1BA | $1.39 |
| The Banc Hammond | Units 311 to 911 | Studio ,1BA | $3.16 |
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 ArticleReal 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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Burnham, IL
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

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.

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.

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.

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.