close
View Me
Cheap Homes for Rent in Austin Neighborhood of Chicago, IL from $1,200 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Austin area of Chicago.
close
View Me
close
View Me
1111 N Leclaire Ave
ChicagoIL60651
close
View Me
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.
close
View Me
close
View Me
close
View Me
4838 W Fulton St
ChicagoIL60644
5801 W Washington Blvd
ChicagoIL60644
122 N Menard Ave
ChicagoIL60644
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.
208 N Waller Ave
ChicagoIL60644
Showing Results 1-12, Page 1 of 1
Austin, Chicago, IL Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Austin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Austin 2 Bedroom Homes for Rent | $1,753 | $1,495 | $2,000 |
| Austin 3 Bedroom Homes for Rent | $1,950 | $1,500 | $2,400 |
| Austin 4 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Austin Neighborhood of Chicago, IL.
Explore Chicago
Austin, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Austin Apartments for Rent
The cheapest available apartment rental in the Austin area of Chicago, IL is a Studio unit found at Washington Plaza priced from $850. 5957 W Madison St has the second lowest priced unit, which is a Studio apartment currently listed from $915. Here are the most affordable Austin apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Washington Plaza | Studio Apartment | Studio,1BA | $850 |
| 5957 W Madison St | Studio Apartment | Studio,1BA | $915 |
| Pine North | 1BR/1.0BA | 1BR,1BA | $975 |
| 5236 W Harrison | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,085 |
| 418-24 S Laramie Ave | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $1,105 |
Best Value Apartments for Rent in Austin, IL
As of September 15, 2025 the best value apartment in the Austin area is the $0.49 price per square foot 5953 W Walton St Model at 5953 W Walton St, Unit Walton in the in the Oak Park Historic District neighborhood starting from $1,675. The second greatest value Austin apartment is the 5078 W Adams St Model at 5078 W Adams St, Unit 2 starting at $1,900 with a $1.40 price per square foot in the Austin neighborhood. Here is today’s list of the best values for Austin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5953 W Walton St, Unit Walton | 5953 W Walton St | 2BR,1BA | $0.49 |
| 5078 W Adams St, Unit 2 | 5078 W Adams St | 3BR,1BA | $1.40 |
| 2007 N Lamon Ave, Unit 1N | 2007 N Lamon Ave | 2BR,1BA | $1.20 |
| 4872 W Homer St, Unit 1st Floor | 4872 W Homer St | 2BR,1BA | $1.59 |
| 4814 W Monroe | 2 Bedroom 1 Bathroom Garden Apartment | 2BR,1BA | $1.54 |
| 5870 W Lake St | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.67 |
| 5735 W. Washington Blvd | 2BR/1.0BA | 2BR,1BA | $1.67 |
| 5732-34 W Washington | 1 Bedroom | 1BR,1BA | $1.49 |
| 5236 W Harrison | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.67 |
| Pine North | 1BR/1.0BA | 1BR,1BA | $1.52 |
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.
Let everyone know!
Do you know the Austin area?
If you’re an expert on all things Austin, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleAustin, Chicago, IL
Ranked #146
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Austin, Chicago, IL
Howe Elementary School
City Of Chicago School District 299
Public School - Grades PK-8 (382)
4 out of 10
Douglass Academy High School
City Of Chicago School District 299
Public School - Grades 9-12 (34)
5 out of 10
McNair School of Excellence
City Of Chicago School District 299
Public School - Grades PK-8 (347)
2 out of 10
School data provided by Great Schools
Frequently Asked Questions about Austin
What type of rentals are currently available in Austin?
There are currently 540 Apartments for Rent in Austin, IL with pricing that ranges from $800 to $3,204. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Austin ranging from $1,200 to $2,400.
What is the current price range for Rental Homes in Austin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Austin ranges from $1,200 to $2,400 with an average monthly rent of $1,775.
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.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.