Cheap Homes for Rent in Auburn Gresham Neighborhood of Chicago, IL from $1,200 (9 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 8856 S Lowe Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

3 Bedroom, 2 Bath Condo for Rent

Available Now

8856 S Lowe Ave, Unit 2R, Unit 2R

8856 S Lowe Ave
ChicagoIL60620

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.

Auburn Gresham, Chicago, IL Local Guide

Cheapest Available Auburn Gresham Apartments for Rent

 

The cheapest available apartment rental in the Auburn Gresham area of Chicago, IL is a Studio unit found at 1155 W 83rd St priced from $700. 808 W 76th has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here are the most affordable Auburn Gresham apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
1155 W 83rd StStudioStudio,1BA$700
808 W 76thStudio ApartmentStudio,1BA$775
8001 S MarshfieldStudio ApartmentStudio,1BA$795

Best Value Apartments for Rent in Auburn Gresham, IL

As of May 27, 2026 the best value apartment in the Auburn Gresham area is the $0.87 price per square foot 8010 S Marshfield Ave Model at 8010 S Marshfield Ave, Unit 1 in the in the Auburn Gresham neighborhood starting from $1,300. The second greatest value Auburn Gresham apartment is the 1311 W 82nd St Model at 1311 W 82nd St, Unit 1 starting at $1,300 with a $1.18 price per square foot in the Auburn Gresham neighborhood. Here is today’s list of the best values for Auburn Gresham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8010 S Marshfield Ave, Unit 18010 S Marshfield Ave2BR,1BA$0.87
1311 W 82nd St, Unit 11311 W 82nd St2BR,1BA$1.18
7543 S May St, Unit 17543 S May St3BR,1BA$1.25
8055 S Paulina St8055 S Paulina St1BR,1BA$1.33
8259 S Loomis Blvd1 BR1BR,1BA$1.06
7800 S Ashland2 Bedroom 1 Bath Apartment2BR,1BA$1.26
7948 S Hermitage2 Bedroom 1 Bath Apartment2BR,1BA$1.39
7800 S Morgan2 Bedroom 1 Bath Apartment2BR,1BA$1.39
1735 W 79th2 Bedroom 1 Bath Apartment2BR,1BA$1.39
8001 S MarshfieldStudio ApartmentStudio ,1BA$1.36

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Auburn Gresham, Chicago, IL

Ranked #155

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Auburn Gresham

What type of rentals are currently available in Auburn Gresham?

There are currently 323 Apartments for Rent in Auburn Gresham, IL with pricing that ranges from $700 to $3,195. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Auburn Gresham ranging from $1,200 to $2,900.

What is the current price range for Rental Homes in Auburn Gresham?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Auburn Gresham ranges from $1,200 to $2,900 with an average monthly rent of $1,768.

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

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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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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.

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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.

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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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.