
Cheap Apartments for Rent in the Albany Park Neighborhood of Chicago, IL from $800 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Albany Park area of Chicago.


4769 N Virginia Ave

4614 N Central Park Ave

4831 N Kimball Ave

3650-3656 W Agatite Ave
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.

4720 N Spaulding Ave

4855 N Kimball Ave

4815 N Springfield

4142 N Avers Ave

4906 N Springfield Ave
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3435 W Berteau Ave Unit 3C
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 | $1,097 | $995 | $1,195 |
| Albany Park 1 Bedroom Apartments | $1,653 | $1,250 | $1,799 |
| Albany Park 2 Bedroom Apartments | $2,048 | $1,695 | $2,800 |
| Albany Park 3 Bedroom Apartments | $2,263 | $1,600 | $3,295 |
| Albany Park 4 Bedroom Apartments | $2,900 | $2,900 | $2,900 |
Browse Apartments in this Neighborhood
There are currently 11 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
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3957 W Irving Park Rd | Studio | Studio,1BA | $995 |
| 4014 North Central Park | 1x1 | 1BR,1BA | $1,799 |
Best Value Apartments for Rent in Albany Park, IL
As of February 19, 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 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. |
|---|---|---|---|
| 3600 W Sunnyside Ave, Unit 2 | 3600 W Sunnyside Ave | 2BR,1BA | $0.18 |
| 5024 N Ridgeway Ave, Unit 1 | 5024 N Ridgeway Ave | 3BR,1.5BA | $1.28 |
| 4742 N Sawyer Ave, Unit #2 | 4742 N Sawyer Ave | 3BR,2BA | $1.67 |
| 4737 N Saint Louis Ave, Unit 2 | 4737 N Saint Louis Ave | 3BR,1BA | $1.42 |
| 4343 N Spaulding Ave, Unit 2 | 4343 N Spaulding Ave | 3BR,1BA | $1.72 |
| 4524 N Central Park Ave, Unit unit 2 | 4524 N Central Park Ave | 3BR,1BA | $1.92 |
| 4132 N Mozart St, Unit 2 | 4132 N Mozart St | 2BR,1BA | $1.96 |
| 4642 N Francisco Ave, Unit 1 | 4642 N Francisco Ave | 1BR,1BA | $1.79 |
| 3610 W Sunnyside Ave, Unit 12 | 3610 W Sunnyside Ave | 2BR,1BA | $1.95 |
| 4414 N Whipple St | 4414 N Whipple St | 1BR,1BA | $1.81 |
Frequently Asked Questions about Cheap Albany Park Apartments
How much is rent for a Cheap One Bedroom Albany Park Apartment?
The lowest price for a Cheap One Bedroom Albany Park Apartment is $1,799 at 4014 North Central Park.
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.
Helpful Local Expert Guides

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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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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Articles, How-To's, and Tips

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.