Cheap Homes for Rent in Albany Park Neighborhood of Chicago, IL from $1,100 (30 Rentals)

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

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The Art of the Rental Viewing: What to look for during a property tour

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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 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 09, 2025 the best value apartment in the Albany Park area is the $1.56 price per square foot 3748 W Windsor Ave Model at 3748 W Windsor Ave, Unit 1 in the in the Albany Park neighborhood starting from $2,800. The second greatest value Albany Park apartment is the 4011 N Avers Ave Model at 4011 N Avers Ave, Unit # 01 starting at $2,400 with a $1.60 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.
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
4420 N Saint Louis Ave, Unit 1A4420 N Saint Louis Ave2BR,1BA$1.53
4948 N Albany Ave, Unit GF4948 N Albany Ave2BR,1BA$1.70
3600 W Sunnyside Ave, Unit 23600 W Sunnyside Ave2BR,1BA$1.83
3750 W Giddings St, Unit 33750 W Giddings St2BR,1BA$1.78
3750 W Giddings St, Unit 33750 W Giddings St2BR,1BA$1.78
1781 W Altgeld St1781 Altgeld1BR,1BA$1.67
4933 N Whipple St, Unit 1S4933 N Whipple St1BR,1BA$1.77

Frequently Asked Questions about Albany Park

What type of rentals are currently available in Albany Park?

There are currently 536 Apartments for Rent in Albany Park, IL with pricing that ranges from $945 to $6,500. There are also 79 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albany Park ranging from $1,100 to $4,800.

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 $1,100 to $4,800 with an average monthly rent of $2,676.

How much are larger Three and Four Bedroom Rentals in Albany Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Albany Park range from $1,075 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,150 to $3,500. Four Bedroom Single-Family rentals are also available starting from $4,800 and Four Bedroom Apartments start at $2,500.

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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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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.