Cheap Homes for Rent in Calumet Park, IL from $900 (14 Rentals)

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The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

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.

Calumet Park, IL Local Guide

Cheapest Available Calumet Park Apartments for Rent

 

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. 12013 S Eggleston Avenue in the South Chicago neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. 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
12013 S Eggleston Avenue1 Bedroom |1 Bath1BR,1BA$950
14036-50 Tracy AveRVDL1BR11BR,1BA$1,095
Meadow View Apartments2 Bedroom small2BR,1BA$1,123
14047 S Tracy Ave2BD/1BA2BR,1BA$1,200

Best Value Apartments for Rent in Calumet Park, IL

As of July 30, 2026 the best value apartment in the Calumet Park area is the $1.38 price per square foot 114 E 119th St Model at 114 E 119th St, Unit Apartment 1 in the in the South Chicago neighborhood starting from $1,650. 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.
114 E 119th St, Unit Apartment 1114 E 119th St4BR,1BA$1.38
14047 S Tracy Ave2BD/1BA2BR,1BA$1.00
14036-50 Tracy AveRVDL2BR12BR,1BA$1.50
12157 S Michigan Ave1 Bedroom Studio1BR,1BA$1.00
10320-28 S Walden Pkwy1BR/1.0BA1BR,1BA$2.67
14021 S Tracy2 Bedroom 1 Bath Apartment2BR,1BA$1.62
13905 S Clark1 Bedroom 1 Bath Apartment1BR,1BA$1.77
Meadow View Apartments2 Bedroom small2BR,1BA$2.10
12013 S Eggleston Avenue1 Bedroom |1 Bath1BR,1BA$1.85

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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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

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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

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Real 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.

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Frequently Asked Questions about Calumet Park

What type of rentals are currently available in Calumet Park?

There are currently 361 Apartments for Rent in Calumet Park, IL with pricing that ranges from $800 to $5,483. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Calumet Park ranging from $975 to $4,500.

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 $975 to $4,500 with an average monthly rent of $2,516.

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 $1,375 to $1,875, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,549 to $3,400. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,650.

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

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When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

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I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

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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.

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