
Cheap Homes for Rent in Albany Park Neighborhood of Chicago, IL from $1,000 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Albany Park area of Chicago.


3957 W Irving Park Rd

4764 N Virginia Ave

4941 N St Louis 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.

4929 N Whipple St

5031 N Harding Ave

4101 N Sacramento Ave

4928 N Kedzie Ave, Unit 2W
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.
Albany Park, Chicago, IL Local Guide

How much does it cost to rent a home in Albany Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Albany Park 2 Bedroom Homes for Rent | $1,933 | $1,550 | $2,888 |
| Albany Park 3 Bedroom Homes for Rent | $3,225 | $2,100 | $7,000 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 2 Beds unit found at 5054 N Ridgeway Ave priced from $1,400. 4014 North Central Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,799. Here are the most affordable Albany Park apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 5054 N Ridgeway Ave | 2 br | 2BR,1BA | $1,400 |
| 4014 North Central Park | 1x1 | 1BR,1BA | $1,799 |
| 3025 W Irving Park Rd | 2x1 Irving Park | 2BR,1BA | $2,000 |
Best Value Apartments for Rent in Albany Park, IL
As of March 11, 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 |
| 3620 W Irving Park Rd, Unit 2R | 3620 W Irving Park Rd | 3BR,2BA | $2.20 |
| 4820 N Albany Ave | 4820 N Albany Ave | 3BR,1BA | $1.23 |
| 3050 W Leland Ave, Unit 3 | 3050 W Leland Ave | 3BR,1BA | $2.41 |
| 3610 W Sunnyside Ave, Unit 12 | 3610 W Sunnyside Ave | 2BR,1BA | $1.95 |
| 3600 W Sunnyside Ave, Unit 1 | 3600 W Sunnyside Ave | 2BR,1BA | $1.97 |
| 4414 N Whipple St, Unit 18-2 | 4414 N Whipple St | 2BR,1BA | $2.11 |
| 4414 N Whipple St | 4414 N Whipple St | 1BR,1BA | $1.81 |
| 5054 N Ridgeway Ave | 1 br | 1BR,1BA | $1.88 |
Frequently Asked Questions about Albany Park
What type of rentals are currently available in Albany Park?
There are currently 529 Apartments for Rent in Albany Park, IL with pricing that ranges from $995 to $3,295. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albany Park ranging from $1,015 to $7,000.
What is the current price range for Rental Homes in Albany Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Albany Park ranges from $1,015 to $7,000 with an average monthly rent of $1,934.
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
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.

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.

Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
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.

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

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.