
Cheap Apartments for Rent in the Albany Park Neighborhood of Chicago, IL from $800 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Albany Park area of Chicago.


4010 N Bernard St

4137 N Keystone Ave, Unit #102

3806 W Irving Park Rd

4311 N Francisco Ave

4311 N Francisco Ave, Unit K00J

5034 N Springfield Ave, Unit 3E

4148 N Central Park Ave
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 | $1,153 | $995 | $1,340 |
| Albany Park 1 Bedroom Apartments | $1,518 | $1,350 | $1,775 |
| Albany Park 2 Bedroom Apartments | $1,999 | $1,200 | $2,600 |
| Albany Park 3 Bedroom Apartments | $2,429 | $1,850 | $4,800 |
| Albany Park 4 Bedroom Apartments | $2,750 | $2,400 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 20 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 |
| 5054 N Ridgeway Ave | 1br | 1BR,1BA | $1,600 |
Best Value Apartments for Rent in Albany Park, IL
As of November 09, 2025 the best value apartment in the Albany Park area is the $1.45 price per square foot 4140 N Bernard St Model at 4140 N Bernard St, Unit 2nd Floor in the in the Albany Park neighborhood starting from $2,900. The second greatest value Albany Park apartment is the 4215 N Francisco Ave Model at 4215 N Francisco Ave, Unit 2 starting at $2,800 with a $1.47 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4140 N Bernard St, Unit 2nd Floor | 4140 N Bernard St | 4BR,1BA | $1.45 |
| 4215 N Francisco Ave, Unit 2 | 4215 N Francisco Ave | 3BR,2BA | $1.47 |
| 5023 N Ridgeway Ave, Unit M03H | 5023 N Ridgeway Ave | 3BR,1.5BA | $1.47 |
| 4010 N Central Park Ave, Unit 3E | 4010 N Central Park Ave | 2BR,2BA | $1.27 |
| 4918 N Troy St, Unit 1 | 4918 N Troy St | 3BR,1BA | $1.32 |
| 5011 N Troy St | 5011 N Troy St | 3BR,2BA | $1.33 |
| 3751 W Irving Park Rd, Unit 1 | 3751 W Irving Park Rd | 2BR,1BA | $1.68 |
| 4833 N Central Park Ave, Unit 2nd Floor | 4833 N Central Park Ave | 2BR,1BA | $1.68 |
| 4036 N Mozart St, Unit G | 4036 N Mozart St | 1BR,1BA | $1.69 |
| 3536 W Cullom Ave, Unit 3 | 3536 W Cullom Ave | 2BR,1BA | $1.50 |
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 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 $1,600 at 5054 N Ridgeway Ave.
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
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.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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.











