Cheap Homes for Rent in Calumet Park, IL from $1,000 (21 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Calumet Park.

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.

Read Article

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.

Read Article
property at 13700 S Eggleston Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

4 Bedroom, 1.5 Bath Townhome for Rent

Available May 1

13700 S Eggleston Ave

RiverdaleIL60827

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.

Read Article
Showing Results 1-21, Page 1 of 1

Calumet Park, IL Local Guide

Cheapest Available Calumet Park Apartments for Rent and Nearby

 

The cheapest available apartment rental in Calumet Park, IL is a 1 Bed unit found at 12157 S Michigan Ave in the South Chicago neighborhood priced from $850. 11932 S Stewart Ave Chicago, IL 60628 in the South Chicago neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here is today’s list of the most affordable Calumet Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
12157 S Michigan Ave1 Bedroom Studio1BR,1BA$850
11932 S Stewart Ave Chicago, IL 606281 Bedroom 1 Bath Apartment1BR,1BA$995
Meadow View Apartments2 Bedroom small2BR,1BA$1,073
14031 S School St Riverdale, IL 608272 Bedroom 1 Bath Apartment2BR,1BA$1,095
The Lakes Apartments2 Bedroom 1 Bath Apartment2BR,1BA$1,170

Best Value Apartments for Rent in Calumet Park, IL and Nearby

As of April 30, 2026 the best value apartment in the Calumet Park area is the $1.00 price per square foot 14047 S Tracy Ave Model at 14047 S Tracy Ave, Unit 1B in the in the College District neighborhood starting from $1,200. The second greatest value Calumet Park apartment is the 2BD/1BA Model at 14047 S Tracy Ave starting at $1,200 with a $1.00 price per square foot in the College District neighborhood. Here is today’s list of the best values for Calumet Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
14047 S Tracy Ave, Unit 1B14047 S Tracy Ave2BR,1BA$1.00
14047 S Tracy Ave2BD/1BA2BR,1BA$1.00
The Lakes Apartments2 Bedroom 1.5 Bath Townhouse2BR,1.5BA$1.40
2067 135th Pl, Unit 82067 135th Pl2BR,1BA$1.39
12157 S Michigan Ave1 Bedroom Studio1BR,1BA$1.00
14031 S School St Riverdale, IL 608272 Bedroom 1 Bath Apartment2BR,1BA$1.32
1121-1125 W 127th Calumet Park, IL 608272 Bedroom 1 Bath Apartment with Dining2BR,1BA$1.72
13256 S Prairie Ave Chicago, IL 608272 Bedroom 1.5 Bath Townhouse2BR,1.5BA$1.72
14021-25 S Tracy Ave Riverdale, IL 608272 Bedroom 1 Bath Apartment2BR,1BA$1.62
14015-19 S Tracy Ave Riverdale, IL 608272 Bedroom 1 Bath Apartment2BR,1BA$1.70

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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.

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

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 Calumet Park, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Calumet Park, IL

View Map
Calumet Park, IL Apartments Map
View Map
Calumet Park, IL Rental Homes Map

Frequently Asked Questions about Calumet Park

What type of rentals are currently available in Calumet Park?

There are currently 364 Apartments for Rent in Calumet Park, IL with pricing that ranges from $800 to $3,295. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Calumet Park ranging from $1,095 to $3,900.

What is the current price range for Rental Homes in Calumet Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Calumet Park ranges from $1,095 to $3,900 with an average monthly rent of $2,088.

How much are larger Three and Four Bedroom Rentals in Calumet Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Calumet Park range from $1,080 to $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,521 to $3,900. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $3,295.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.