
Cheap Homes for Rent near Burnham, IL from $975 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Burnham.


342 141st St

1540 Steiber St

13943 S 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.

348 Pulaski Rd

505 Madison Ave

1309 Logan St

5634 Claude 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.

15020 Woodlawn Ave E
Burnham, IL Local Guide

How much does it cost to rent a home in Burnham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Burnham 2 Bedroom Homes for Rent | $1,394 | $975 | $2,370 |
| Burnham 3 Bedroom Homes for Rent | $2,052 | $1,450 | $2,595 |
| Burnham 4 Bedroom Homes for Rent | $2,750 | $1,350 | $3,800 |
| Burnham 5 Bedroom Homes for Rent | $2,375 | $2,375 | $2,375 |
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Burnham, IL Local Guide
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Cheapest Available Burnham Apartments for Rent and Nearby
 The cheapest available apartment rental in Burnham, IL is a Studio unit found at 51-53 Elizabeth Street in the Bernice neighborhood priced from $800. Ginger Ridge Apartments in the Calumet City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Burnham apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 51-53 Elizabeth Street | 0BR/1.0BA | Studio,1BA | $800 |
| Ginger Ridge Apartments | The Redbud | 1BR,1BA | $900 |
| 308 Elizabeth Street | 1 Bedroom 1 Bath Apartment with Dining | 1BR,1BA | $1,145 |
Best Value Apartments for Rent in Burnham, IL and Nearby
As of September 10, 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 8 Waltham St Model at 8 Waltham St, Unit 2F starting at $1,200 with a $1.09 price per square foot in the Bernice 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 |
| 8 Waltham St, Unit 2F | 8 Waltham St | 2BR,1BA | $1.09 |
| Douglas Pointe | 3x2 Reno - 3x2 Reno | 3BR,2BA | $1.93 |
| 305 Memorial Dr, Unit Unit G | 305 Memorial Dr | 2BR,1BA | $1.65 |
| 1016 E 150th Pl, Unit 2E | 1016 E 150th Pl | 2BR,1BA | $1.72 |
| 250 Yates Ave | 2 BD Glenwood | 2BR,1BA | $1.80 |
| 308 Elizabeth Street | 1 Bedroom 1 Bath Apartment with Dining | 1BR,1BA | $1.76 |
| Ginger Ridge Apartments | The Birch | 1BR,1BA | $1.39 |
| The Banc Hammond | Tier 03 / Junior One Bedroom | 1BR,1BA | $3.17 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Burnham, IL Rentals by Map
See the most popular apartments and homes in Burnham, IL
Frequently Asked Questions about Burnham
What type of rentals are currently available in Burnham?
There are currently 173 Apartments for Rent in Burnham, IL with pricing that ranges from $795 to $2,510. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Burnham ranging from $975 to $3,800.
What is the current price range for Rental Homes in Burnham?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Burnham ranges from $975 to $3,800 with an average monthly rent of $1,975.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.