
Cheap Apartments for Rent in the Albany Park Neighborhood of Chicago, IL from $800 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Albany Park area of Chicago.

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Albany Park, Chicago, IL Local Guide

How much does it cost to rent an apartment in Albany Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Albany Park Studio Apartments | $1,260 | $995 | $1,550 |
| Albany Park 1 Bedroom Apartments | $1,540 | $1,350 | $1,799 |
| Albany Park 2 Bedroom Apartments | $2,071 | $1,575 | $2,600 |
| Albany Park 3 Bedroom Apartments | $2,497 | $2,150 | $3,295 |
| Albany Park 4 Bedroom Apartments | $2,600 | $2,200 | $2,900 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Albany Park Neighborhood of Chicago, IL.
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Cheapest Available Albany Park Apartments for Rent
 The cheapest available apartment rental in the Albany Park area of Chicago, IL is a Studio unit found at 3957 W Irving Park Rd priced from $995. 3255 W. Eastwood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,180. Here are the most affordable Albany Park apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3957 W Irving Park Rd | Studio | Studio,1BA | $995 |
| 3255 W. Eastwood | 1 Bedroom | 1BR,1BA | $1,180 |
| 4014 North Central Park | 1x1 | 1BR,1BA | $1,799 |
Best Value Apartments for Rent in Albany Park, IL
As of December 25, 2025 the best value apartment in the Albany Park area is the $1.28 price per square foot 5023 N Ridgeway Ave Model at 5023 N Ridgeway Ave, Unit J02P in the in the North Park neighborhood starting from $2,300. The second greatest value Albany Park apartment is the 5024 N Ridgeway Ave Model at 5024 N Ridgeway Ave, Unit 1 starting at $2,300 with a $1.28 price per square foot in the North Park neighborhood. Here is today’s list of the best values for Albany Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5023 N Ridgeway Ave, Unit J02P | 5023 N Ridgeway Ave | 3BR,1.5BA | $1.28 |
| 5024 N Ridgeway Ave, Unit 1 | 5024 N Ridgeway Ave | 3BR,1.5BA | $1.28 |
| 4244 N Spaulding Ave, Unit 3 | 4244 N Spaulding Ave | 3BR,1.5BA | $1.71 |
| 5023 N Ridgeway Ave, Unit 1 | 5023 N Ridgeway Ave | 3BR,1.5BA | $1.73 |
| 4343 N Spaulding Ave, Unit 2 | 4343 N Spaulding Ave | 3BR,1BA | $1.72 |
| 5011 N Lawndale Ave, Unit 2 | 5011 N Lawndale Ave | 2BR,1BA | $1.60 |
| 4036 N Mozart St, Unit 2 | 4036 N Mozart St | 2BR,1BA | $1.44 |
| 4302 N Kimball Ave, Unit 4302 n Kimball chicago | 4302 N Kimball Ave | 2BR,1BA | $1.43 |
| 3600 W Sunnyside Ave, Unit 1 | 3600 W Sunnyside Ave | 2BR,1BA | $1.97 |
| 4250 N Francisco Ave, Unit #1W | 4250 N Francisco Ave | 1BR,1BA | $1.93 |
Frequently Asked Questions about Cheap Albany Park Apartments
What is the Cheapest Studio apartment in Albany Park?
Currently the most affordable Cheap Studio Apartment in Albany Park is at 3957 W Irving Park Rd listed at $995.
How much is rent for a Cheap One Bedroom Albany Park Apartment?
The lowest price for a Cheap One Bedroom Albany Park Apartment is $1,180 at 3255 W. Eastwood.
What is the lowest price for a Cheap Two Bedroom Albany Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Albany Park is starting from $1,850 at 4014 North Central Park.
What is the most affordable Albany Park Three Bedroom Apartment?
The best deal on a cheap Albany Park Three Bedroom Apartment rental is at 4014 North Central Park and starts from $2,299.
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.
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