
Cheap Homes for Rent in Chatham, IL from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Chatham.


3120 Butler St

404 E Madison St

2129 S 12th St

207 E Spruce St
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.

2244 S 9th St

525 E Pine St

2831 S 12th St

2664 Yale Blvd

2166 S 13th St
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.
Chatham, IL Local Guide

How much does it cost to rent a home in Chatham?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Chatham 2 Bedroom Homes for Rent | $1,165 | $775 | $1,750 |
Chatham 3 Bedroom Homes for Rent | $1,707 | $925 | $2,800 |
Chatham 4 Bedroom Homes for Rent | $2,490 | $1,450 | $3,495 |
Browse Top Homes for Rent in Chatham
Explore Chatham
Chatham, IL Local Guide
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Cheapest Available Chatham Apartments for Rent and Nearby
 The cheapest available apartment rental in Chatham, IL is a 1 Bed unit found at Jacksonville Affordable Housing priced from $462. Morton Street Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $690. Here is today’s list of the most affordable Chatham apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Jacksonville Affordable Housing | 1 Bedroom 50% | 1BR,1BA | $462 |
Morton Street Apartments | 1 bed one bath | 1BR,1BA | $690 |
Whispering Pines Apartments | 1 Bed, 1 Bath - Essential | 1BR,1BA | $700 |
Best Value Apartments for Rent in Chatham, IL and Nearby
As of October 14, 2025 the best value apartment in the Chatham area is the $1.17 price per square foot Two Bedroom Two Bath Model at Koke Mill Apartments in the starting from $1,225. The second greatest value Chatham apartment is the Townhome Model at Ravenwood Townhomes starting at $875 with a $0.88 price per square foot . Here is today’s list of the best values for Chatham apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Koke Mill Apartments | Two Bedroom Two Bath | 2BR,2BA | $1.17 |
Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.88 |
Candles | B1 | 2BR,1.5BA | $1.17 |
Safe Harbor Properties | Downtown | 1BR,1BA | $1.03 |
Huntington Ridge Apartments | Two Bedroom | 2BR,1BA | $1.22 |
New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $0.97 |
Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
Pine Ridge Apartments | One Bedroom | 1BR,1BA | $1.17 |
Jacksonville Affordable Housing | 1 Bedroom 60% | 1BR,1BA | $0.84 |
Quick Rent Budget Calculator
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Best Local Schools in Chatham, IL
Glenwood High School
Glenwood Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Chatham, IL Rentals by Map
See the most popular apartments and homes in Chatham, IL
Frequently Asked Questions about Chatham
What type of rentals are currently available in Chatham?
There are currently 46 Apartments for Rent in Chatham, IL with pricing that ranges from $331 to $3,000. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chatham ranging from $700 to $3,495.
What is the current price range for Rental Homes in Chatham?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Chatham ranges from $700 to $3,495 with an average monthly rent of $1,540.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.