
Cheap Homes for Rent in Albany Park Neighborhood of Chicago, IL from $1,200 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Albany Park area of Chicago.


3420 W Irving Park Rd

2849 W Berteau Ave

2849 W Berteau Ave

4928 N Kedzie Ave, Unit 2W
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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.

4902 N St Louis Ave

4839 N Lawndale Ave

3752 W Giddings St

4411 N Kimball Ave

4411 N Kimball Ave
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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 | $1,985 | $1,600 | $2,900 |
| Albany Park 3 Bedroom Homes for Rent | $2,904 | $1,850 | $7,000 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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 Studio unit found at 3957 W Irving Park Rd priced from $995. 3255 W. Eastwood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,180. Here are the most affordable Albany Park apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3957 W Irving Park Rd | Studio | Studio,1BA | $995 |
| 3255 W. Eastwood | 1 Bedroom | 1BR,1BA | $1,180 |
| 4014 North Central Park | 1x1 | 1BR,1BA | $1,799 |
Best Value Apartments for Rent in Albany Park, IL
As of January 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 4215 N Francisco Ave Model at 4215 N Francisco Ave, Unit 2 starting at $2,650 with a $1.39 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. |
|---|---|---|---|
| 3600 W Sunnyside Ave, Unit 2 | 3600 W Sunnyside Ave | 2BR,1BA | $0.18 |
| 4215 N Francisco Ave, Unit 2 | 4215 N Francisco Ave | 3BR,2BA | $1.39 |
| 5024 N Ridgeway Ave, Unit 1 | 5024 N Ridgeway Ave | 3BR,1.5BA | $1.28 |
| 5023 N Ridgeway Ave, Unit M03H | 5023 N Ridgeway Ave | 3BR,1.5BA | $1.28 |
| 5023 N Ridgeway Ave, Unit 6R | 5023 N Ridgeway Ave | 3BR,1.5BA | $1.36 |
| 4244 N Spaulding Ave, Unit 3 | 4244 N Spaulding Ave | 3BR,1.5BA | $1.63 |
| 5023 N Ridgeway Ave, Unit 1 | 5023 N Ridgeway Ave | 3BR,1.5BA | $1.73 |
| 4343 N Spaulding Ave, Unit 2 | 4343 N Spaulding Ave | 3BR,1BA | $1.72 |
| 4044 N California Ave, Unit 103 | 4044 N California Ave | 1BR,1BA | $1.61 |
| 4604 N Monticello Ave, Unit 3E | 4604 N Monticello Ave | 1BR,1BA | $1.77 |
Frequently Asked Questions about Albany Park
What type of rentals are currently available in Albany Park?
There are currently 530 Apartments for Rent in Albany Park, IL with pricing that ranges from $995 to $3,400. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albany Park ranging from $1,225 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 $1,225 to $7,000 with an average monthly rent of $1,940.
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.

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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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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

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.

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!