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.

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4831 N Kimball Ave
Studio Apartments

4831 N Kimball Ave

4831 N Kimball AveChicago, IL 60625
  • Utilities Included
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4720 N Spaulding Ave
1 Bedroom Apartments

4720 N Spaulding Ave

4720 N Spaulding AveChicago, IL 60625
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4855 N Kimball Ave
1 Bedroom Apartments

4855 N Kimball Ave

4855 N Kimball AveChicago, IL 60625
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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4815 N Springfield
1 to 2 Bedroom Apartments

4815 N Springfield

4815 N SpringfieldChicago, IL 60625
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4142 N Avers Ave
1 Bedroom Apartments

4142 N Avers Ave

4142 N Avers AveChicago, IL 60618
  • Utilities Included
Showing Results 1-35, Page 1 of 1

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. 5726 N. Winthrop has the second lowest priced unit, which is a Studio apartment currently listed from $1,115. Here are the most affordable Albany Park apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
3957 W Irving Park RdStudioStudio,1BA$995
5726 N. WinthropStudioStudio,1BA$1,115
4606 N. HermitageStudioStudio,1BA$1,160
4241 Kenmore ApartmentsStudio UnitsStudio,1BA$1,200
1781 W Altgeld St1781 Altgeld1BR,1BA$1,500

Best Value Apartments for Rent in Albany Park, IL

As of June 11, 2025 the best value apartment in the Albany Park area is the $1.97 price per square foot 4 Bed/2.5Bath Duplex Model at 1647 W Irving Park Rd in the in the Lakeview neighborhood starting from $6,500. The second greatest value Albany Park apartment is the 3748 W Windsor Ave Model at 3748 W Windsor Ave, Unit 1 starting at $2,800 with a $1.56 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.
1647 W Irving Park Rd4 Bed/2.5Bath Duplex4BR,2.5BA$1.97
3748 W Windsor Ave, Unit 13748 W Windsor Ave3BR,1.5BA$1.56
4011 N Avers Ave, Unit # 014011 N Avers Ave3BR,1BA$1.60
3714 W Irving Park Rd, Unit 2 ND FLR3714 W Irving Park Rd2BR,1BA$1.43
4818 N Saint Louis Ave, Unit 14818 N Saint Louis Ave2BR,1BA$1.83
3025 W Irving Park Rd2x1 Irving Park2BR,1BA$1.91
4449 N Hamlin Ave, Unit 24449 N Hamlin Ave2BR,1BA$1.90
1781 W Altgeld St1781 Altgeld1BR,1BA$1.67
4933 N Whipple St, Unit 1S4933 N Whipple St1BR,1BA$1.77
3600 W Sunnyside Ave, Unit 13600 W Sunnyside Ave2BR,1BA$2.03

Getting Around the Albany Park Neighborhood in Chicago, IL

Walk Score®

88 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

77 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

59 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Albany Park Apartments

What is a cheap apartment in Albany Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Albany Park is under $1,500.

What is the price of a cheap apartment in Albany Park?

The cheapest apartment in Albany Park is 3957 W Irving Park Rd which is listed at $1,195, while the average apartment in Albany Park costs $5,400.

What types of apartments are the cheapest in Albany Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Albany Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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