Cheap Apartments for Rent in the Avalon Park Neighborhood of Chicago, IL from $500 (220 Rentals)

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

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.

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.

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

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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935-941 E 81st St
Studio to 2 Bedroom Apartments

935-941 E 81st St

935-941 E 81st StChicago, IL 60619
  • Utilities Included
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Ingleside Building
Studio to 2 Bedroom Apartments

Ingleside Building

8101-8125 S Ingleside AveChicago, IL 60619
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1121-1123 E 82nd St
Studio Apartments

1121-1123 E 82nd St

1121-1123 E 82nd StChicago, IL 60619
  • Utilities Included

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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7520 S. Coles Avenue
1 to 2 Bedroom Apartments

7520 S. Coles Avenue

7516-7524 S Coles AveChicago, IL 60649
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6957 S Michigan Ave
Studio to 1 Bedroom Apartments

6957 S Michigan Ave

6957 S Michigan AveChicago, IL 60637
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741-53 E 79th St
Studio to 1 Bedroom Apartments

741-53 E 79th St

741-753 E 79th StChicago, IL 60619
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1536 E. 83rd Place
Studio to 1 Bedroom Apartments

1536 E. 83rd Place

1536 E 83rd PlChicago, IL 60619
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7241-7255 S Constance Ave
Studio to 2 Bedroom Apartments

7241-7255 S Constance Ave

7241-7255 S Constance AveChicago, IL 60649
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6739 S Jeffery Blvd
Studio to 1 Bedroom Apartments

6739 S Jeffery Blvd

6739 S Jeffery BlvdChicago, IL 60649
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7948-7958 S Ingleside Ave
Studio to 2 Bedroom Apartments

7948-7958 S Ingleside Ave

7948-7958 S Ingleside AveChicago, IL 60619
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7256 S Rhodes Ave
Studio to 2 Bedroom Apartments

7256 S Rhodes Ave

7256 S Rhodes AveChicago, IL 60619
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Avalon Park, Chicago, IL Local Guide

Cheapest Available Avalon Park Apartments for Rent

 

The cheapest available apartment rental in the Avalon Park area of Chicago, IL is a Studio unit found at Highlands Tudor Manor - 55+ Community priced from $700. 7941 S Marquette has the second lowest priced unit, which is a Studio apartment currently listed from $710. Here are the most affordable Avalon Park apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Highlands Tudor Manor - 55+ CommunityStudioStudio,1BA$700
7941 S MarquetteStudio ApartmentStudio,1BA$710
2235 E 71st St Chicago, IL 60649Studio ApartmentStudio,1BA$770
7925 S Phillips Chicago, IL 60617Studio ApartmentStudio,1BA$785
The Townhouse ApartmentsStudio, 1 bathStudio,1BA$850
7752 S Cornell Ave Chicago, IL 60649Studio ApartmentStudio,1BA$870
8000 S Ellis Ave 947-55 E 80th St Chicago, IL 606191 Bedroom 1 Bath Apartment1BR,1BA$880
1108 E 82nd St Chicago, IL 606191 Bedroom 1 Bath Apartment1BR,1BA$880
8200-04 S Ingleside Ave 915-19 E 82nd St Chicago, IL 606191 Bedroom 1 Bath Apartment with Dining1BR,1BA$900

Best Value Apartments for Rent in Avalon Park, IL

As of January 26, 2026 the best value apartment in the Avalon Park area is the $0.86 price per square foot 6937 S Merrill Ave Model at 6937 S Merrill Ave, Unit Floor 1 in the in the South Shore neighborhood starting from $2,400. The second greatest value Avalon Park apartment is the 7925 S Eberhart Ave Model at 7925 S Eberhart Ave, Unit 1 starting at $1,750 with a $0.76 price per square foot in the Chatham neighborhood. Here is today’s list of the best values for Avalon Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
6937 S Merrill Ave, Unit Floor 16937 S Merrill Ave3BR,2BA$0.86
7925 S Eberhart Ave, Unit 17925 S Eberhart Ave2BR,2BA$0.76
8234 S Maryland Ave, Unit 38234 S Maryland Ave3BR,1BA$0.85
7255-7257 S Calumet Ave2 Bed 1 Bath2BR,1BA$1.07
7953 S Essex Ave, Unit Unit 27953 S Essex Ave3BR,1BA$1.03
8028 S Phillips Ave, Unit 2F8028 S Phillips Ave2BR,1.5BA$1.04
8615 S Colfax Ave, Unit 8615-18615 S Colfax Ave3BR,2BA$1.00
2812 E 76th St, Unit #32812 E 76th St3BR,2BA$1.08
9351 S University Ave, Unit Basement9351 S University Ave1BR,1BA$0.70
8642 S Maryland Ave1 Bed, 1 bath1BR,1BA$1.00

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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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
Avalon Park, Chicago, IL

Ranked #58

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Avalon Park Apartments

What is the Cheapest Studio apartment in Avalon Park?

Currently the most affordable Cheap Studio Apartment in Avalon Park is at Highlands Tudor Manor - 55+ Community listed at $700.

How much is rent for a Cheap One Bedroom Avalon Park Apartment?

The lowest price for a Cheap One Bedroom Avalon Park Apartment is $880 at 1108 E 82nd St Chicago, IL 60619.

What is the lowest price for a Cheap Two Bedroom Avalon Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Avalon Park is starting from $990 at 212 E 69th Place Chicago, IL 60637.

What is the most affordable Avalon Park Three Bedroom Apartment?

The best deal on a cheap Avalon Park Three Bedroom Apartment rental is at 7526-36 S Colfax Ave and starts from $1,495.

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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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.

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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.

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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.

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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.