Cheap Apartments for Rent in the Albany Park Neighborhood of Chicago, IL from $800 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Albany Park area of Chicago.

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.

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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.

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4831 N Kimball Ave
Studio to 2 Bedroom Apartments

4831 N Kimball Ave

4831 N Kimball AveChicago, IL 60625
  • Utilities Included

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.

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4720 N Spaulding Ave
1 to 2 Bedroom Apartments

4720 N Spaulding Ave

4720 N Spaulding AveChicago, IL 60625
  • Utilities Included
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4815 N Springfield
1 to 2 Bedroom Apartments

4815 N Springfield

4815 N SpringfieldChicago, IL 60625
  • Utilities Included
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4142 N Avers Ave
1 to 2 Bedroom Apartments

4142 N Avers Ave

4142 N Avers AveChicago, IL 60618
  • Utilities Included
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3435 W Berteau Ave 3C
2 Bedroom Apartments

3435 W Berteau Ave 3C

3435 W Berteau AveChicago, IL 60618
  • Utilities Included
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5054 N Ridgeway Ave
1 to 2 Bedroom Apartments

5054 N Ridgeway Ave

5054 N Ridgeway AveChicago, IL 60625
  • Utilities Included

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.

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4705 N Central Park Ave
Studio to 2 Bedroom Apartments

4705 N Central Park Ave

4705 N Central Park AveChicago, IL 60625
  • Utilities Included
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3001 W Lawrence Ave
1 to 2 Bedroom Apartments

3001 W Lawrence Ave

3001 W Lawrence AveChicago, IL 60625
  • Utilities Included
Showing Results 1-35, Page 1 of 1

Cheapest Available Albany Park Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
3957 W Irving Park RdStudioStudio,1BA$1,025

Best Value Apartments for Rent in Albany Park, IL

As of July 07, 2026 the best value apartment in the Albany Park area is the $0.18 price per square foot 3600 W Sunnyside Ave Model at 3600 W Sunnyside Ave, Unit 2 in the in the Albany Park neighborhood starting from $1,775. The second greatest value Albany Park apartment is the 4048 N Richmond St Model at 4048 N Richmond St, Unit 1 starting at $3,600 with a $1.71 price per square foot in the Albany Park neighborhood. Here is today’s list of the best values for Albany Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3600 W Sunnyside Ave, Unit 23600 W Sunnyside Ave2BR,1BA$0.18
4048 N Richmond St, Unit 14048 N Richmond St3BR,2.5BA$1.71
4319 N Lawndale Ave, Unit 24319 N Lawndale Ave3BR,2BA$1.93
3652 W Lawrence Ave, Unit 23652 W Lawrence Ave3BR,1.5BA$1.50
4319 N Francisco Ave, Unit G4319 N Francisco Ave3BR,2BA$2.15
4527 N Christiana Ave, Unit BSMT4527 N Christiana Ave3BR,1BA$1.38
3439 W Belle Plaine Ave, Unit 1w3439 W Belle Plaine Ave2BR,2BA$1.82
3610 W Sunnyside Ave, Unit 123610 W Sunnyside Ave1BR,1BA$1.84
3720 W Agatite Ave3720 W Agatite Ave1BR,1BA$1.74
4821 N Kimball Ave, Unit #2A4821 N Kimball Ave1BR,1BA$1.99

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 $1,025.

What is the most affordable Albany Park Three Bedroom Apartment?

The best deal on a cheap Albany Park Three Bedroom Apartment rental is at 3025 W Irving Park Rd and starts from $2,600.

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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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

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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.

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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.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

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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.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

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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.

Articles, How-To's, and Tips

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.